Investment Management Corp of Ontario raised its stake in Union Pacific Co. (NYSE:UNP – Free Report) by 49.6% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 20,216 shares of the railroad operator’s stock after purchasing an additional 6,700 shares during the period. Investment Management Corp of Ontario’s holdings in Union Pacific were worth $4,983,000 at the end of the most recent quarter.
Several other large investors also recently modified their holdings of the stock. Janus Henderson Group PLC lifted its position in Union Pacific by 32.3% during the third quarter. Janus Henderson Group PLC now owns 100,483 shares of the railroad operator’s stock worth $24,755,000 after acquiring an additional 24,518 shares during the last quarter. HighTower Advisors LLC increased its stake in shares of Union Pacific by 3.1% during the third quarter. HighTower Advisors LLC now owns 590,549 shares of the railroad operator’s stock worth $145,332,000 after purchasing an additional 17,778 shares during the period. Hilltop Holdings Inc. lifted its holdings in Union Pacific by 345.9% during the 3rd quarter. Hilltop Holdings Inc. now owns 40,523 shares of the railroad operator’s stock worth $9,988,000 after purchasing an additional 31,435 shares during the last quarter. Hollow Brook Wealth Management LLC boosted its stake in Union Pacific by 3.5% in the 3rd quarter. Hollow Brook Wealth Management LLC now owns 1,894 shares of the railroad operator’s stock valued at $467,000 after purchasing an additional 64 shares during the period. Finally, Benjamin Edwards Inc. grew its holdings in Union Pacific by 940.7% in the 3rd quarter. Benjamin Edwards Inc. now owns 25,529 shares of the railroad operator’s stock valued at $6,297,000 after buying an additional 23,076 shares in the last quarter. 80.38% of the stock is owned by institutional investors.
Union Pacific Stock Down 1.6 %
Shares of UNP opened at $236.97 on Wednesday. The company has a market capitalization of $143.67 billion, a PE ratio of 21.76, a PEG ratio of 2.38 and a beta of 1.05. The stock’s 50-day moving average price is $239.81 and its two-hundred day moving average price is $238.36. The company has a current ratio of 0.77, a quick ratio of 0.63 and a debt-to-equity ratio of 1.79. Union Pacific Co. has a 12 month low of $218.55 and a 12 month high of $258.66.
Union Pacific Dividend Announcement
The business also recently announced a quarterly dividend, which will be paid on Monday, December 30th. Investors of record on Monday, December 9th will be given a dividend of $1.34 per share. The ex-dividend date of this dividend is Monday, December 9th. This represents a $5.36 dividend on an annualized basis and a dividend yield of 2.26%. Union Pacific’s payout ratio is presently 49.22%.
Analyst Ratings Changes
A number of equities research analysts have recently weighed in on UNP shares. Stifel Nicolaus dropped their target price on Union Pacific from $265.00 to $262.00 and set a “buy” rating for the company in a report on Friday, October 25th. Robert W. Baird dropped their price objective on shares of Union Pacific from $270.00 to $260.00 and set an “outperform” rating for the company in a research note on Friday, October 25th. TD Cowen decreased their target price on shares of Union Pacific from $255.00 to $252.00 and set a “buy” rating on the stock in a research report on Friday, October 25th. BMO Capital Markets decreased their price target on Union Pacific from $280.00 to $275.00 and set an “outperform” rating on the stock in a research report on Friday, September 20th. Finally, Susquehanna reduced their price objective on Union Pacific from $260.00 to $255.00 and set a “neutral” rating on the stock in a research note on Friday, October 25th. Nine research analysts have rated the stock with a hold rating, eleven have given a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat.com, Union Pacific presently has an average rating of “Moderate Buy” and an average price target of $259.80.
Get Our Latest Research Report on Union Pacific
Union Pacific Profile
Union Pacific Corporation, through its subsidiary, Union Pacific Railroad Company, operates in the railroad business in the United States. The company offers transportation services for grain and grain products, fertilizers, food and refrigerated products, and coal and renewables to grain processors, animal feeders, ethanol producers, renewable biofuel producers, and other agricultural users; and construction products, industrial chemicals, plastics, forest products, specialized products, metals and ores, petroleum, liquid petroleum gases, soda ash, and sand, as well as finished automobiles, automotive parts, and merchandise in intermodal containers.
See Also
- Five stocks we like better than Union Pacific
- What is a Stock Market Index and How Do You Use Them?
- Beyond NVIDIA: Top 5 Semiconductor Stocks to Watch for 2025
- NYSE Stocks Give Investors a Variety of Quality Options
- Netflix Is On Track To Hit $1,000 By Christmas
- How to Evaluate a Stock Before Buying
- UMAC Stock Climbs Amid Trump Jr. Appointment and Meme Stock Hype
Want to see what other hedge funds are holding UNP? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Union Pacific Co. (NYSE:UNP – Free Report).
Receive News & Ratings for Union Pacific Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Union Pacific and related companies with MarketBeat.com's FREE daily email newsletter.