Barings LLC maintained its position in shares of Union Pacific Co. (NYSE:UNP) during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 48,185 shares of the railroad operator’s stock at the close of the 2nd quarter. Barings LLC’s holdings in Union Pacific were worth $5,104,000 at the end of the most recent quarter.
A number of other institutional investors and hedge funds also recently bought and sold shares of UNP. Proficio Capital Partners LLC boosted its stake in shares of Union Pacific by 36.3% in the 1st quarter. Proficio Capital Partners LLC now owns 1,028 shares of the railroad operator’s stock valued at $111,000 after purchasing an additional 274 shares during the last quarter. Mitsubishi UFJ Securities Holdings Co. Ltd. boosted its stake in shares of Union Pacific by 46.6% in the 2nd quarter. Mitsubishi UFJ Securities Holdings Co. Ltd. now owns 1,070 shares of the railroad operator’s stock valued at $117,000 after purchasing an additional 340 shares during the last quarter. Ullmann Financial Group Inc. bought a new position in shares of Union Pacific in the 1st quarter valued at about $122,000. SRS Capital Advisors Inc. boosted its stake in shares of Union Pacific by 147.2% in the 1st quarter. SRS Capital Advisors Inc. now owns 1,152 shares of the railroad operator’s stock valued at $122,000 after purchasing an additional 686 shares during the last quarter. Finally, Delta Asset Management LLC TN boosted its stake in shares of Union Pacific by 6.8% in the 2nd quarter. Delta Asset Management LLC TN now owns 1,183 shares of the railroad operator’s stock valued at $129,000 after purchasing an additional 75 shares during the last quarter. Hedge funds and other institutional investors own 78.63% of the company’s stock.
Shares of Union Pacific Co. (UNP) traded up $0.65 on Monday, reaching $129.11. 3,628,500 shares of the company’s stock were exchanged, compared to its average volume of 3,584,605. The company has a debt-to-equity ratio of 0.83, a quick ratio of 0.97 and a current ratio of 1.16. Union Pacific Co. has a 1 year low of $101.06 and a 1 year high of $132.00. The company has a market capitalization of $101,630.00, a price-to-earnings ratio of 22.81, a P/E/G ratio of 2.09 and a beta of 0.90.
Union Pacific (NYSE:UNP) last announced its quarterly earnings results on Thursday, October 26th. The railroad operator reported $1.50 earnings per share for the quarter, beating the Zacks’ consensus estimate of $1.49 by $0.01. Union Pacific had a net margin of 21.84% and a return on equity of 23.35%. The firm had revenue of $5.41 billion for the quarter, compared to analyst estimates of $5.32 billion. During the same quarter in the previous year, the firm posted $1.36 earnings per share. The business’s revenue was up 4.5% on a year-over-year basis. research analysts forecast that Union Pacific Co. will post 5.78 EPS for the current year.
The business also recently declared a quarterly dividend, which will be paid on Thursday, December 28th. Shareholders of record on Thursday, November 30th will be paid a $0.665 dividend. The ex-dividend date of this dividend is Wednesday, November 29th. This represents a $2.66 dividend on an annualized basis and a yield of 2.06%. This is a positive change from Union Pacific’s previous quarterly dividend of $0.61. Union Pacific’s payout ratio is presently 47.08%.
Several research analysts have recently issued reports on UNP shares. Argus raised their target price on shares of Union Pacific from $125.00 to $130.00 and gave the company a “buy” rating in a research note on Tuesday, October 31st. BMO Capital Markets reissued a “buy” rating on shares of Union Pacific in a research note on Friday, October 20th. Morgan Stanley lowered shares of Union Pacific from an “overweight” rating to an “equal weight” rating and reduced their price objective for the stock from $102.00 to $100.00 in a research note on Monday, October 2nd. Royal Bank Of Canada reissued a “hold” rating and set a $124.00 price objective on shares of Union Pacific in a research note on Thursday, November 9th. Finally, BidaskClub raised shares of Union Pacific from a “strong sell” rating to a “sell” rating in a research note on Friday, August 18th. Three equities research analysts have rated the stock with a sell rating, sixteen have assigned a hold rating and four have assigned a buy rating to the stock. The stock presently has a consensus rating of “Hold” and an average price target of $118.53.
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Union Pacific Profile
Union Pacific Corporation is a railroad operating company in the United States. The Company operates through its principal operating company, Union Pacific Railroad Company (UPRR). Its business mix includes Agricultural Products, Automotive, Chemicals, Coal, Industrial Products and Intermodal. Its freight traffic consists of bulk, manifest, and premium business.
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