Mn Services Vermogensbeheer B.V. grew its stake in shares of Union Pacific Corporation (NYSE:UNP – Free Report) by 1.6% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 232,201 shares of the railroad operator’s stock after buying an additional 3,722 shares during the period. Mn Services Vermogensbeheer B.V.’s holdings in Union Pacific were worth $53,713,000 as of its most recent filing with the Securities and Exchange Commission.
Other institutional investors also recently modified their holdings of the company. Capital World Investors boosted its stake in Union Pacific by 193.3% during the 3rd quarter. Capital World Investors now owns 10,481,043 shares of the railroad operator’s stock worth $2,477,404,000 after acquiring an additional 6,908,016 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its stake in Union Pacific by 72.7% in the third quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 9,177,002 shares of the railroad operator’s stock valued at $2,169,168,000 after purchasing an additional 3,861,636 shares in the last quarter. Capital Research Global Investors increased its stake in Union Pacific by 95.0% in the third quarter. Capital Research Global Investors now owns 8,713,196 shares of the railroad operator’s stock valued at $2,059,538,000 after purchasing an additional 4,244,226 shares in the last quarter. Franklin Resources Inc. raised its holdings in Union Pacific by 18.9% in the third quarter. Franklin Resources Inc. now owns 7,164,334 shares of the railroad operator’s stock worth $1,693,434,000 after purchasing an additional 1,139,926 shares during the period. Finally, Northern Trust Corp boosted its position in shares of Union Pacific by 3.2% during the third quarter. Northern Trust Corp now owns 6,881,628 shares of the railroad operator’s stock worth $1,626,610,000 after purchasing an additional 210,184 shares in the last quarter. 80.38% of the stock is currently owned by institutional investors and hedge funds.
Wall Street Analyst Weigh In
UNP has been the subject of several research analyst reports. Barclays reissued an “overweight” rating and issued a $285.00 price target (up from $270.00) on shares of Union Pacific in a report on Tuesday, December 16th. Weiss Ratings upgraded Union Pacific from a “hold (c+)” rating to a “buy (b-)” rating in a report on Friday, February 6th. Citigroup reissued a “buy” rating and issued a $270.00 target price (up from $265.00) on shares of Union Pacific in a research note on Wednesday, January 28th. Susquehanna restated a “buy” rating on shares of Union Pacific in a report on Monday, January 19th. Finally, Deutsche Bank Aktiengesellschaft set a $245.00 price target on Union Pacific in a research report on Thursday, December 11th. One investment analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and eight have given a Hold rating to the stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $264.86.
Union Pacific Stock Up 0.2%
Shares of UNP stock opened at $239.30 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 quick ratio of 0.75, a current ratio of 0.91 and a debt-to-equity ratio of 1.64. The firm has a fifty day moving average of $248.54 and a 200-day moving average of $235.36. The company has a market capitalization of $142.00 billion, a price-to-earnings ratio of 19.99, a P/E/G ratio of 2.61 and a beta of 0.95.
Union Pacific (NYSE:UNP – Get Free Report) last posted 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). The company had revenue of $6.09 billion during the quarter, compared to the consensus estimate of $6.15 billion. Union Pacific had a net margin of 29.12% and a return on equity of 40.89%. The company’s revenue was down .6% compared to the same quarter last year. During the same period in the prior year, the firm posted $2.91 earnings per share. As a group, equities research analysts predict that Union Pacific Corporation will post 11.99 earnings per share for the current fiscal year.
Union Pacific Dividend Announcement
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 issued a $1.38 dividend. This represents a $5.52 dividend on an annualized basis and a dividend yield of 2.3%. The ex-dividend date is Friday, February 27th. Union Pacific’s payout ratio is 46.12%.
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.
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