UniSuper Management Pty Ltd Boosts Holdings in Union Pacific Corporation $UNP

UniSuper Management Pty Ltd increased its position in shares of Union Pacific Corporation (NYSE:UNP) by 1.9% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 417,560 shares of the railroad operator’s stock after buying an additional 7,748 shares during the quarter. Union Pacific comprises approximately 0.6% of UniSuper Management Pty Ltd’s portfolio, making the stock its 25th largest position. UniSuper Management Pty Ltd’s holdings in Union Pacific were worth $98,699,000 at the end of the most recent quarter.

Several other hedge funds also recently added to or reduced their stakes in the business. Five Oceans Advisors raised its position in Union Pacific by 3.9% in the second quarter. Five Oceans Advisors now owns 1,183 shares of the railroad operator’s stock valued at $272,000 after purchasing an additional 44 shares during the period. Howard Capital Management Group LLC increased its position in shares of Union Pacific by 2.0% during the 3rd quarter. Howard Capital Management Group LLC now owns 2,252 shares of the railroad operator’s stock worth $532,000 after purchasing an additional 45 shares during the last quarter. St. Johns Investment Management Company LLC raised its holdings in Union Pacific by 1.6% in the 2nd quarter. St. Johns Investment Management Company LLC now owns 3,012 shares of the railroad operator’s stock valued at $693,000 after buying an additional 46 shares during the period. Hanson & Doremus Investment Management lifted its position in Union Pacific by 2.5% in the third quarter. Hanson & Doremus Investment Management now owns 1,880 shares of the railroad operator’s stock valued at $444,000 after buying an additional 46 shares during the last quarter. Finally, Silver Oak Securities Incorporated boosted its stake in Union Pacific by 4.5% during the third quarter. Silver Oak Securities Incorporated now owns 1,065 shares of the railroad operator’s stock worth $252,000 after buying an additional 46 shares during the period. 80.38% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

UNP has been the topic of several recent analyst reports. Deutsche Bank Aktiengesellschaft set a $245.00 price objective on shares of Union Pacific in a report on Thursday, December 11th. The Goldman Sachs Group set a $263.00 price target on Union Pacific and gave the stock a “neutral” rating in a research note on Thursday, October 23rd. Barclays restated an “overweight” rating and set a $285.00 price target (up from $270.00) on shares of Union Pacific in a research report on Tuesday, December 16th. Royal Bank Of Canada set a $280.00 price objective on Union Pacific in a report on Thursday, December 18th. Finally, TD Cowen reissued a “buy” rating on shares of Union Pacific in a research note on Friday, October 24th. One equities research analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating and eleven have issued a Hold rating to the company. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $258.18.

Union Pacific Price Performance

UNP stock opened at $229.67 on Friday. The business’s 50-day moving average is $231.23 and its two-hundred day moving average is $226.94. The company has a debt-to-equity ratio of 1.75, a current ratio of 0.75 and a quick ratio of 0.60. The firm has a market capitalization of $136.23 billion, a P/E ratio of 19.51, a P/E/G ratio of 2.66 and a beta of 0.99. Union Pacific Corporation has a 1 year low of $204.66 and a 1 year high of $256.84.

Union Pacific (NYSE:UNP) last released its earnings results on Thursday, October 23rd. The railroad operator reported $3.08 earnings per share for the quarter, topping analysts’ consensus estimates of $2.99 by $0.09. Union Pacific had a net margin of 28.73% and a return on equity of 42.23%. The firm had revenue of $6.24 billion for the quarter, compared to analyst estimates of $6.24 billion. During the same period in the prior year, the firm earned $2.75 earnings per share. The business’s quarterly revenue was up 2.5% compared to the same quarter last year. Analysts anticipate that Union Pacific Corporation will post 11.99 earnings per share for the current fiscal year.

Union Pacific Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, December 30th. Stockholders of record on Friday, December 5th were given a dividend of $1.38 per share. This represents a $5.52 annualized dividend and a dividend yield of 2.4%. The ex-dividend date of this dividend was Friday, December 5th. Union Pacific’s payout ratio is 46.90%.

Union Pacific Company 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.