Russell Investments Group Ltd. Purchases 19,318 Shares of Union Pacific Corporation $UNP

Russell Investments Group Ltd. grew its position in Union Pacific Corporation (NYSE:UNP) by 5.3% in the 3rd quarter, HoldingsChannel.com reports. The firm owned 381,669 shares of the railroad operator’s stock after purchasing an additional 19,318 shares during the period. Russell Investments Group Ltd.’s holdings in Union Pacific were worth $90,207,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Howard Capital Management Group LLC increased its stake in Union Pacific by 2.0% in the 3rd quarter. Howard Capital Management Group LLC now owns 2,252 shares of the railroad operator’s stock valued at $532,000 after buying an additional 45 shares during the last quarter. Prestige Wealth Management Group LLC boosted its stake in shares of Union Pacific by 1.4% in the 3rd quarter. Prestige Wealth Management Group LLC now owns 3,186 shares of the railroad operator’s stock worth $753,000 after buying an additional 45 shares during the last quarter. Hanson & Doremus Investment Management boosted its stake in shares of Union Pacific by 2.5% in the 3rd quarter. Hanson & Doremus Investment Management now owns 1,880 shares of the railroad operator’s stock worth $444,000 after buying an additional 46 shares during the last quarter. Silver Oak Securities Incorporated grew its holdings in shares of Union Pacific by 4.5% in the third quarter. Silver Oak Securities Incorporated now owns 1,065 shares of the railroad operator’s stock valued at $252,000 after acquiring an additional 46 shares in the last quarter. Finally, CFO4Life Group LLC grew its holdings in shares of Union Pacific by 1.2% in the third quarter. CFO4Life Group LLC now owns 3,754 shares of the railroad operator’s stock valued at $887,000 after acquiring an additional 46 shares in the last quarter. 80.38% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of analysts recently commented on UNP shares. Robert W. Baird set a $311.00 price target on Union Pacific and gave the stock an “outperform” rating in a report on Friday. BMO Capital Markets restated a “market perform” rating and issued a $295.00 price objective on shares of Union Pacific in a research note on Thursday, February 19th. Royal Bank Of Canada set a $280.00 target price on Union Pacific in a research report on Thursday, December 18th. Citigroup reiterated a “buy” rating and set a $270.00 target price (up from $265.00) on shares of Union Pacific in a research note on Wednesday, January 28th. Finally, Deutsche Bank Aktiengesellschaft set a $245.00 price target on shares of Union Pacific in a report on Thursday, December 11th. One analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating and nine have given a Hold rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $263.77.

Union Pacific Trading Down 0.4%

NYSE:UNP opened at $253.20 on Tuesday. Union Pacific Corporation has a 12 month low of $204.66 and a 12 month high of $268.14. The company has a current ratio of 0.91, a quick ratio of 0.75 and a debt-to-equity ratio of 1.64. The firm’s 50 day moving average is $245.27 and its 200 day moving average is $233.25. The stock has a market capitalization of $150.25 billion, a PE ratio of 21.15, a price-to-earnings-growth ratio of 2.77 and a beta of 0.95.

Union Pacific (NYSE:UNP) last announced its quarterly earnings data 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). Union Pacific had a net margin of 29.12% and a return on equity of 40.89%. The firm had revenue of $6.09 billion for the quarter, compared to the consensus estimate of $6.15 billion. During the same period last year, the company posted $2.91 earnings per share. Union Pacific’s revenue for the quarter was down .6% on a year-over-year basis. Sell-side analysts expect that Union Pacific Corporation will post 11.99 earnings per share for the current year.

Union Pacific Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, March 31st. Stockholders of record on Friday, February 27th will be given a dividend of $1.38 per share. This represents a $5.52 dividend on an annualized basis and a dividend yield of 2.2%. The ex-dividend date of this dividend is Friday, February 27th. Union Pacific’s dividend payout ratio 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.