16,243 Shares in Union Pacific Corporation $UNP Bought by Global X Japan Co. Ltd.

Global X Japan Co. Ltd. acquired a new stake in Union Pacific Corporation (NYSE:UNP) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 16,243 shares of the railroad operator’s stock, valued at approximately $3,757,000.

Several other hedge funds have also modified their holdings of the stock. Acadian Asset Management LLC grew its position in shares of Union Pacific by 40.4% during the first quarter. Acadian Asset Management LLC now owns 2,312 shares of the railroad operator’s stock worth $546,000 after buying an additional 665 shares in the last quarter. Schnieders Capital Management LLC. increased its holdings in shares of Union Pacific by 0.5% in the 2nd quarter. Schnieders Capital Management LLC. now owns 20,606 shares of the railroad operator’s stock valued at $4,741,000 after acquiring an additional 102 shares during the last quarter. Magnetar Financial LLC acquired a new stake in shares of Union Pacific during the 2nd quarter valued at approximately $208,000. Employees Retirement System of Texas acquired a new position in Union Pacific in the second quarter worth $1,095,000. Finally, Wambolt & Associates LLC increased its stake in Union Pacific by 16.1% during the second quarter. Wambolt & Associates LLC now owns 1,148 shares of the railroad operator’s stock valued at $270,000 after purchasing an additional 159 shares during the last quarter. 80.38% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of research firms have issued reports on UNP. Barclays reiterated an “overweight” rating and issued a $285.00 target price (up from $270.00) on shares of Union Pacific in a research note on Tuesday, December 16th. The Goldman Sachs Group reaffirmed a “neutral” rating and set a $267.00 price target on shares of Union Pacific in a report on Tuesday, January 27th. Weiss Ratings upgraded Union Pacific from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Friday, February 6th. Susquehanna restated a “buy” rating on shares of Union Pacific in a research note on Monday, January 19th. Finally, Robert W. Baird set a $311.00 target price on shares of Union Pacific and gave the stock an “outperform” rating in a report on Friday, March 6th. One equities research analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating and eight have given a Hold rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $264.86.

Union Pacific Price Performance

Shares of NYSE:UNP opened at $238.91 on Friday. The company’s fifty day moving average is $248.16 and its two-hundred day moving average is $234.77. The company has a market cap of $141.77 billion, a P/E ratio of 19.96, a price-to-earnings-growth ratio of 2.63 and a beta of 0.95. Union Pacific Corporation has a 12-month low of $204.66 and a 12-month high of $268.14. The company has a quick ratio of 0.75, a current ratio of 0.91 and a debt-to-equity ratio of 1.64.

Union Pacific (NYSE:UNP) last posted its quarterly earnings results on Tuesday, January 27th. The railroad operator reported $2.86 earnings per share for the quarter, missing the consensus estimate of $2.92 by ($0.06). The business had revenue of $6.09 billion for the quarter, compared to analyst estimates of $6.15 billion. Union Pacific had a net margin of 29.12% and a return on equity of 40.89%. The firm’s quarterly revenue was down .6% on a year-over-year basis. During the same period in the previous year, the firm posted $2.91 earnings per share. Equities analysts expect that Union Pacific Corporation will post 11.99 earnings per share for the current fiscal year.

Union Pacific Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, March 31st. Shareholders of record on Friday, February 27th will be given a $1.38 dividend. This represents a $5.52 annualized dividend and a yield of 2.3%. The ex-dividend date of this dividend is Friday, February 27th. Union Pacific’s payout ratio is currently 46.12%.

Union Pacific Profile

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.