Raiffeisen Bank International AG Has $40.17 Million Holdings in Union Pacific Corporation $UNP

Raiffeisen Bank International AG trimmed its position in shares of Union Pacific Corporation (NYSE:UNP) by 3.1% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 147,312 shares of the railroad operator’s stock after selling 4,749 shares during the quarter. Raiffeisen Bank International AG’s holdings in Union Pacific were worth $40,172,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also made changes to their positions in the company. Capital World Investors increased its stake in shares of Union Pacific by 92.1% during the 4th quarter. Capital World Investors now owns 20,136,349 shares of the railroad operator’s stock worth $4,658,142,000 after purchasing an additional 9,655,306 shares during the last quarter. Norges Bank acquired a new position in Union Pacific during the fourth quarter worth $1,779,907,000. Legal & General Group Plc bought a new position in Union Pacific during the second quarter valued at about $1,193,135,000. Canada Pension Plan Investment Board acquired a new stake in shares of Union Pacific in the second quarter worth about $1,094,677,000. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its stake in shares of Union Pacific by 72.7% during the 3rd quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 9,177,002 shares of the railroad operator’s stock worth $2,169,168,000 after acquiring an additional 3,861,636 shares in the last quarter. Institutional investors own 80.38% of the company’s stock.

Union Pacific Price Performance

NYSE:UNP opened at $289.24 on Friday. The company has a debt-to-equity ratio of 1.40, a current ratio of 0.99 and a quick ratio of 0.82. Union Pacific Corporation has a one year low of $210.84 and a one year high of $315.99. The company has a fifty day moving average price of $293.56 and a 200 day moving average price of $270.79. The stock has a market cap of $171.83 billion, a P/E ratio of 23.42, a PEG ratio of 2.88 and a beta of 0.96.

Union Pacific (NYSE:UNP) last posted its quarterly earnings results on Thursday, July 23rd. The railroad operator reported $3.41 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.26 by $0.15. Union Pacific had a net margin of 28.85% and a return on equity of 38.46%. The company had revenue of $6.86 billion for the quarter, compared to analyst estimates of $6.72 billion. During the same period last year, the business posted $3.03 EPS. The business’s quarterly revenue was up 11.5% on a year-over-year basis. Analysts anticipate that Union Pacific Corporation will post 13.02 earnings per share for the current year.

Union Pacific Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, September 30th. Investors of record on Monday, August 31st will be given a dividend of $1.42 per share. This represents a $5.68 dividend on an annualized basis and a 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 dividend payout ratio (DPR) is 45.99%.

Analyst Ratings Changes

UNP has been the subject of several analyst reports. Citigroup boosted their target price on Union Pacific from $326.00 to $349.00 and gave the stock a “buy” rating in a report on Friday, July 24th. Citizens Jmp assumed coverage on shares of Union Pacific in a report on Wednesday, July 15th. They set an “outperform” rating and a $350.00 price objective for the company. Raymond James Financial reiterated a “strong-buy” rating on shares of Union Pacific in a report on Monday, July 13th. Benchmark upped their price target on shares of Union Pacific from $325.00 to $335.00 and gave the company a “buy” rating in a report on Friday, July 24th. Finally, Evercore reiterated an “outperform” rating and issued a $294.00 price objective on shares of Union Pacific in a research note on Thursday, June 25th. 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’s stock. According to data from MarketBeat, Union Pacific currently has an average rating of “Moderate Buy” and a consensus price target of $320.89.

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.