Grantham Mayo Van Otterloo & Co. LLC Acquires 4,760 Shares of Union Pacific Corporation $UNP

Grantham Mayo Van Otterloo & Co. LLC lifted its holdings in shares of Union Pacific Corporation (NYSE:UNP) by 58.2% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 12,942 shares of the railroad operator’s stock after purchasing an additional 4,760 shares during the quarter. Grantham Mayo Van Otterloo & Co. LLC’s holdings in Union Pacific were worth $3,059,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Union Bancaire Privee UBP SA boosted its stake in shares of Union Pacific by 9.8% in the 3rd quarter. Union Bancaire Privee UBP SA now owns 52,849 shares of the railroad operator’s stock valued at $12,492,000 after purchasing an additional 4,707 shares in the last quarter. Midwest Trust Co increased its position in Union Pacific by 2.8% during the 3rd quarter. Midwest Trust Co now owns 281,036 shares of the railroad operator’s stock worth $66,428,000 after purchasing an additional 7,759 shares in the last quarter. CX Institutional increased its position in Union Pacific by 39.8% during the 3rd quarter. CX Institutional now owns 65,826 shares of the railroad operator’s stock worth $15,559,000 after purchasing an additional 18,742 shares in the last quarter. Thrivent Financial for Lutherans lifted its stake in Union Pacific by 15.1% in the 3rd quarter. Thrivent Financial for Lutherans now owns 135,188 shares of the railroad operator’s stock valued at $31,955,000 after purchasing an additional 17,696 shares during the last quarter. Finally, AustralianSuper Pty Ltd bought a new position in Union Pacific in the 3rd quarter valued at approximately $802,000. 80.38% of the stock is currently owned by institutional investors and hedge funds.

Union Pacific Price Performance

UNP stock opened at $250.16 on Wednesday. The company has a fifty day moving average price of $245.61 and a 200-day moving average price of $233.41. The company has a market capitalization of $148.44 billion, a P/E ratio of 20.90, a PEG ratio of 2.77 and a beta of 0.95. Union Pacific Corporation has a 52-week low of $204.66 and a 52-week high of $268.14. The company has a debt-to-equity ratio of 1.64, a quick ratio of 0.75 and a current ratio of 0.91.

Union Pacific (NYSE:UNP) last issued 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). The business had revenue of $6.09 billion during the quarter, compared to the consensus estimate of $6.15 billion. Union Pacific had a return on equity of 40.89% and a net margin of 29.12%.The business’s revenue for the quarter was down .6% compared to the same quarter last year. During the same period in the prior year, the firm earned $2.91 EPS. As a group, equities analysts expect that Union Pacific Corporation will post 11.99 EPS for the current year.

Union Pacific Dividend Announcement

The business 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 dividend on an annualized basis and a dividend yield of 2.2%. The ex-dividend date is Friday, February 27th. Union Pacific’s payout ratio is 46.12%.

Analyst Upgrades and Downgrades

A number of analysts have weighed in on the stock. Royal Bank Of Canada set a $280.00 target price on shares of Union Pacific in a research note on Thursday, December 18th. Susquehanna reiterated a “buy” rating on shares of Union Pacific in a research note on Monday, January 19th. TD Cowen cut their price objective on Union Pacific from $257.00 to $255.00 and set a “buy” rating on the stock in a report on Wednesday, January 28th. Barclays restated an “overweight” rating and set a $285.00 price objective (up from $270.00) on shares of Union Pacific in a research report on Tuesday, December 16th. Finally, BMO Capital Markets reiterated a “market perform” rating and issued a $295.00 target price on shares of Union Pacific in a research report on Thursday, February 19th. One research analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and nine have issued a Hold rating to the stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $263.77.

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.