159,939 Shares in Union Pacific Corporation $UNP Bought by Nykredit A S

Nykredit A S bought a new stake in shares of Union Pacific Corporation (NYSE:UNP) during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 159,939 shares of the railroad operator’s stock, valued at approximately $43,503,000.

Other hedge funds have also bought and sold shares of the company. Capital Advisors Inc. OK increased its holdings in Union Pacific by 1.8% in the 2nd quarter. Capital Advisors Inc. OK now owns 1,888 shares of the railroad operator’s stock worth $513,000 after acquiring an additional 34 shares in the last quarter. Tiemann Investment Advisors LLC raised its position in shares of Union Pacific by 1.7% during the 2nd quarter. Tiemann Investment Advisors LLC now owns 2,117 shares of the railroad operator’s stock valued at $576,000 after purchasing an additional 35 shares during the period. TFR Capital LLC. raised its position in shares of Union Pacific by 3.8% during the 2nd quarter. TFR Capital LLC. now owns 979 shares of the railroad operator’s stock valued at $266,000 after purchasing an additional 36 shares during the period. Key Financial Inc lifted its stake in shares of Union Pacific by 2.1% during the 1st quarter. Key Financial Inc now owns 1,821 shares of the railroad operator’s stock valued at $442,000 after buying an additional 38 shares in the last quarter. Finally, Members Trust Co lifted its stake in shares of Union Pacific by 2.5% during the 1st quarter. Members Trust Co now owns 1,573 shares of the railroad operator’s stock valued at $382,000 after buying an additional 38 shares in the last quarter. Institutional investors own 80.38% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts have issued reports on UNP shares. Susquehanna increased their price target on Union Pacific from $305.00 to $333.00 and gave the stock a “positive” rating in a research note on Tuesday, July 14th. TD Cowen restated a “buy” rating and issued a $325.00 price objective (up from $282.00) on shares of Union Pacific in a research report on Friday, July 24th. JPMorgan Chase & Co. boosted their price objective on Union Pacific from $304.00 to $334.00 and gave the company a “neutral” rating in a research report on Friday, July 24th. Robert W. Baird upped their price objective on Union Pacific from $311.00 to $344.00 and gave the stock an “outperform” rating in a research note on Monday, July 27th. Finally, Citigroup increased their target price on Union Pacific from $326.00 to $349.00 and gave the stock a “buy” rating in a research report on Friday, July 24th. Two equities research analysts have rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and six have given a Hold rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $320.89.

Union Pacific Price Performance

NYSE:UNP opened at $289.24 on Friday. The business’s 50-day moving average is $293.56 and its 200 day moving average is $270.79. Union Pacific Corporation has a 12 month low of $210.84 and a 12 month high of $315.99. The company has a market capitalization of $171.83 billion, a P/E ratio of 23.42, a P/E/G ratio of 2.88 and a beta of 0.96. The company has a current ratio of 0.99, a quick ratio of 0.82 and a debt-to-equity ratio of 1.40.

Union Pacific (NYSE:UNP) last released its quarterly earnings results on Thursday, July 23rd. The railroad operator reported $3.41 earnings per share for the quarter, beating the consensus estimate of $3.26 by $0.15. The business had revenue of $6.86 billion during the quarter, compared to analysts’ expectations of $6.72 billion. Union Pacific had a return on equity of 38.46% and a net margin of 28.85%.The firm’s revenue for the quarter was up 11.5% compared to the same quarter last year. During the same quarter last year, the business posted $3.03 EPS. On average, equities research analysts forecast that Union Pacific Corporation will post 13.02 earnings per share for the current fiscal year.

Union Pacific Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, September 30th. Investors of record on Monday, August 31st will be issued a $1.42 dividend. This represents a $5.68 dividend on an annualized basis and a dividend yield of 2.0%. This is a boost from Union Pacific’s previous quarterly dividend of $1.38. The ex-dividend date of this dividend is Monday, August 31st. Union Pacific’s payout ratio is 45.99%.

About Union Pacific

Union Pacific Corporation (NYSE: UNP) is one of the largest freight railroad companies in the United States. Its principal operating subsidiary, Union Pacific Railroad, has roots that trace back to the Pacific Railway Act of 1862 and the construction of the first transcontinental rail link completed in 1869. The company is headquartered in Omaha, Nebraska, and operates as a holding company for rail transportation and related services.

Union Pacific’s core business is the movement of freight by rail across an extensive rail network serving the western two‑thirds of the United States.