Vanguard Group Inc. Lowers Stock Position in Union Pacific Corporation $UNP

Vanguard Group Inc. lessened its holdings in shares of Union Pacific Corporation (NYSE:UNP) by 0.3% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 58,669,884 shares of the railroad operator’s stock after selling 170,978 shares during the period. Vanguard Group Inc. owned 9.89% of Union Pacific worth $13,867,800,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of the business. Atticus Wealth Management LLC raised its stake in Union Pacific by 30.7% during the third quarter. Atticus Wealth Management LLC now owns 1,370 shares of the railroad operator’s stock valued at $324,000 after buying an additional 322 shares during the last quarter. Phillips Wealth Planners LLC grew its holdings in Union Pacific by 13.5% during the 3rd quarter. Phillips Wealth Planners LLC now owns 2,048 shares of the railroad operator’s stock valued at $486,000 after buying an additional 244 shares in the last quarter. State of New Jersey Common Pension Fund D lifted its holdings in shares of Union Pacific by 2.7% in the third quarter. State of New Jersey Common Pension Fund D now owns 208,469 shares of the railroad operator’s stock worth $49,276,000 after buying an additional 5,572 shares in the last quarter. Taylor Hoffman Capital Management LLC boosted its position in shares of Union Pacific by 1.6% during the third quarter. Taylor Hoffman Capital Management LLC now owns 19,760 shares of the railroad operator’s stock worth $4,671,000 after acquiring an additional 308 shares during the last quarter. Finally, TCTC Holdings LLC increased its holdings in Union Pacific by 8.5% in the 3rd quarter. TCTC Holdings LLC now owns 4,599 shares of the railroad operator’s stock valued at $1,087,000 after acquiring an additional 359 shares during the last quarter. 80.38% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Several brokerages have issued reports on UNP. BMO Capital Markets set a $255.00 target price on Union Pacific in a research report on Wednesday, January 7th. The Goldman Sachs Group restated a “neutral” rating and set a $267.00 price objective on shares of Union Pacific in a report on Tuesday, January 27th. JPMorgan Chase & Co. reduced their target price on Union Pacific from $270.00 to $265.00 and set a “neutral” rating on the stock in a research note on Wednesday, January 28th. Susquehanna reaffirmed a “buy” rating on shares of Union Pacific in a research note on Monday, January 19th. Finally, Deutsche Bank Aktiengesellschaft set a $245.00 target price on Union Pacific in a research note on Thursday, December 11th. One research analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and ten have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $258.32.

Union Pacific Stock Performance

Shares of UNP opened at $260.55 on Monday. The stock has a 50-day moving average of $236.44 and a two-hundred day moving average of $228.65. The company has a debt-to-equity ratio of 1.64, a quick ratio of 0.75 and a current ratio of 0.91. The stock has a market cap of $154.61 billion, a P/E ratio of 21.77, a P/E/G ratio of 2.84 and a beta of 0.98. Union Pacific Corporation has a one year low of $204.66 and a one year high of $265.37.

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

Union Pacific Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, March 31st. Investors of record on Friday, February 27th will be given a dividend of $1.38 per share. This represents a $5.52 annualized dividend and a yield of 2.1%. The ex-dividend date is Friday, February 27th. Union Pacific’s dividend payout ratio (DPR) is currently 46.12%.

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.