Groupama Asset Managment Has $6.24 Million Stock Holdings in Union Pacific Corporation $UNP

Groupama Asset Managment cut its holdings in shares of Union Pacific Corporation (NYSE:UNP) by 23.2% in the third quarter, Holdings Channel reports. The institutional investor owned 26,382 shares of the railroad operator’s stock after selling 7,978 shares during the quarter. Groupama Asset Managment’s holdings in Union Pacific were worth $6,236,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds also recently modified their holdings of UNP. Acadian Asset Management LLC grew its position in Union Pacific by 40.4% in the 1st quarter. Acadian Asset Management LLC now owns 2,312 shares of the railroad operator’s stock worth $546,000 after purchasing an additional 665 shares during the last quarter. Schnieders Capital Management LLC. increased its holdings in shares of Union Pacific by 0.5% during the 2nd quarter. Schnieders Capital Management LLC. now owns 20,606 shares of the railroad operator’s stock worth $4,741,000 after purchasing an additional 102 shares during the period. Empowered Funds LLC raised its position in shares of Union Pacific by 21.4% during the second quarter. Empowered Funds LLC now owns 47,228 shares of the railroad operator’s stock valued at $10,866,000 after buying an additional 8,318 shares during the last quarter. Portside Wealth Group LLC raised its position in shares of Union Pacific by 24.7% during the second quarter. Portside Wealth Group LLC now owns 4,815 shares of the railroad operator’s stock valued at $1,108,000 after buying an additional 953 shares during the last quarter. Finally, Heritage Wealth Advisors lifted its stake in shares of Union Pacific by 0.6% in the second quarter. Heritage Wealth Advisors now owns 154,751 shares of the railroad operator’s stock valued at $35,605,000 after buying an additional 969 shares during the period. 80.38% of the stock is owned by institutional investors.

Union Pacific Trading Down 2.4%

Shares of UNP opened at $236.44 on Thursday. 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 stock has a market cap of $140.30 billion, a PE ratio of 19.75, a PEG ratio of 2.64 and a beta of 0.95. Union Pacific Corporation has a 1 year low of $204.66 and a 1 year high of $268.14. The stock has a 50 day simple moving average of $247.08 and a 200-day simple moving average of $234.19.

Union Pacific (NYSE:UNP) last announced its earnings results on Tuesday, January 27th. The railroad operator reported $2.86 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.92 by ($0.06). Union Pacific had a return on equity of 40.89% and a net margin of 29.12%.The firm had revenue of $6.09 billion for the quarter, compared to analyst estimates of $6.15 billion. During the same quarter last year, the business earned $2.91 EPS. The company’s revenue for the quarter was down .6% compared to the same quarter last year. On average, sell-side analysts predict that Union Pacific Corporation will post 11.99 EPS for the current fiscal year.

Union Pacific Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, March 31st. Stockholders of record on Friday, February 27th will be paid a dividend of $1.38 per share. This represents a $5.52 annualized dividend and a dividend yield of 2.3%. The ex-dividend date of this dividend is Friday, February 27th. Union Pacific’s dividend payout ratio is 46.12%.

Wall Street Analyst Weigh In

Several analysts have recently weighed in on the company. Susquehanna reissued a “buy” rating on shares of Union Pacific in a report on Monday, January 19th. Royal Bank Of Canada set a $280.00 target price on Union Pacific in a research report on Thursday, December 18th. Deutsche Bank Aktiengesellschaft set a $245.00 price target on shares of Union Pacific in a research note on Thursday, December 11th. Weiss Ratings upgraded shares of Union Pacific from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Friday, February 6th. Finally, Robert W. Baird set a $311.00 price objective on shares of Union Pacific and gave the stock an “outperform” rating in a report on Friday, March 6th. One analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and nine have issued a Hold rating to the company’s stock. Based on data from MarketBeat, Union Pacific has an average rating of “Moderate Buy” and a consensus target price 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.