Union Pacific Corporation $UNP Stock Holdings Decreased by Federated Hermes Inc.

Federated Hermes Inc. lessened its position in Union Pacific Corporation (NYSE:UNP) by 23.0% in the 3rd quarter, Holdings Channel reports. The fund owned 58,107 shares of the railroad operator’s stock after selling 17,391 shares during the period. Federated Hermes Inc.’s holdings in Union Pacific were worth $13,735,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in UNP. Howard Hughes Medical Institute acquired a new stake in shares of Union Pacific in the second quarter worth $30,000. Total Investment Management Inc. purchased a new stake in Union Pacific in the 2nd quarter worth about $31,000. Financial Gravity Companies Inc. acquired a new stake in Union Pacific during the 2nd quarter worth about $31,000. Access Investment Management LLC purchased a new position in Union Pacific during the 2nd quarter valued at about $32,000. Finally, Sagard Holdings Management Inc. acquired a new position in shares of Union Pacific in the 2nd quarter valued at about $33,000. 80.38% of the stock is currently owned by hedge funds and other institutional investors.

Union Pacific Price Performance

NYSE UNP opened at $235.14 on Friday. Union Pacific Corporation has a fifty-two week low of $204.66 and a fifty-two week high of $253.20. The stock’s 50-day moving average is $232.21 and its two-hundred day moving average is $226.78. The firm has a market cap of $139.48 billion, a P/E ratio of 19.64, a price-to-earnings-growth ratio of 2.57 and a beta of 0.99. The company has a debt-to-equity ratio of 1.64, a current ratio of 0.91 and a quick ratio of 0.60.

Union Pacific (NYSE:UNP) last issued its quarterly earnings data on Tuesday, January 27th. The railroad operator reported $2.86 EPS for the quarter, missing analysts’ consensus estimates of $2.92 by ($0.06). Union Pacific had a net margin of 29.12% and a return on equity of 40.89%. The company had revenue of $6.09 billion for the quarter, compared to analyst estimates of $6.15 billion. During the same period in the prior year, the company posted $2.91 EPS. The business’s revenue was down .6% on a year-over-year basis. On average, 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 declared a quarterly dividend, which was paid on Tuesday, December 30th. Stockholders of record on Friday, December 5th were given a $1.38 dividend. The ex-dividend date of this dividend was Friday, December 5th. This represents a $5.52 dividend on an annualized basis and a dividend yield of 2.3%. Union Pacific’s dividend payout ratio (DPR) is currently 46.12%.

Analyst Upgrades and Downgrades

UNP has been the subject of several research reports. BMO Capital Markets set a $255.00 price target on shares of Union Pacific in a report on Wednesday, January 7th. Susquehanna reiterated a “buy” rating on shares of Union Pacific in a research report on Monday, January 19th. Royal Bank Of Canada set a $280.00 price target on shares of Union Pacific in a report on Thursday, December 18th. Deutsche Bank Aktiengesellschaft set a $245.00 price objective on Union Pacific in a report on Thursday, December 11th. Finally, Raymond James Financial restated a “strong-buy” rating on shares of Union Pacific in a research note on Tuesday. One research analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating and eleven have given a Hold rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $258.32.

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.