Assenagon Asset Management S.A. acquired a new stake in shares of Union Pacific Co. (NYSE:UNP) during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 17,265 shares of the railroad operator’s stock, valued at approximately $2,002,000.

Other institutional investors and hedge funds also recently bought and sold shares of the company. FMR LLC lifted its stake in shares of Union Pacific by 84.6% in the second quarter. FMR LLC now owns 9,603,068 shares of the railroad operator’s stock worth $1,045,870,000 after buying an additional 4,399,980 shares in the last quarter. Janus Henderson Group PLC lifted its stake in shares of Union Pacific by 990.5% in the second quarter. Janus Henderson Group PLC now owns 2,243,574 shares of the railroad operator’s stock worth $244,339,000 after buying an additional 2,037,834 shares in the last quarter. Voya Investment Management LLC lifted its stake in shares of Union Pacific by 88.7% in the second quarter. Voya Investment Management LLC now owns 4,060,423 shares of the railroad operator’s stock worth $442,221,000 after buying an additional 1,908,175 shares in the last quarter. Ameriprise Financial Inc. lifted its stake in shares of Union Pacific by 59.3% in the second quarter. Ameriprise Financial Inc. now owns 4,773,609 shares of the railroad operator’s stock worth $519,785,000 after buying an additional 1,776,644 shares in the last quarter. Finally, Arrowstreet Capital Limited Partnership lifted its stake in shares of Union Pacific by 290.6% in the second quarter. Arrowstreet Capital Limited Partnership now owns 2,187,401 shares of the railroad operator’s stock worth $238,230,000 after buying an additional 1,627,453 shares in the last quarter. 78.63% of the stock is currently owned by institutional investors and hedge funds.

Shares of Union Pacific Co. (UNP) opened at $130.60 on Monday. Union Pacific Co. has a 12-month low of $101.06 and a 12-month high of $132.39. The firm has a market cap of $102,804.27, a PE ratio of 23.07, a price-to-earnings-growth ratio of 2.12 and a beta of 0.90. The company has a debt-to-equity ratio of 0.83, a quick ratio of 0.97 and a current ratio of 1.16.

Union Pacific (NYSE:UNP) last announced its quarterly earnings results on Thursday, October 26th. The railroad operator reported $1.50 earnings per share for the quarter, beating analysts’ consensus estimates of $1.49 by $0.01. Union Pacific had a net margin of 21.84% and a return on equity of 23.35%. The business had revenue of $5.41 billion during the quarter, compared to analysts’ expectations of $5.32 billion. During the same period last year, the business earned $1.36 earnings per share. The business’s revenue for the quarter was up 4.5% on a year-over-year basis. equities research analysts anticipate that Union Pacific Co. will post 5.78 EPS for the current year.

The business also recently declared a quarterly dividend, which will be paid on Thursday, December 28th. Shareholders of record on Thursday, November 30th will be given a dividend of $0.665 per share. The ex-dividend date of this dividend is Wednesday, November 29th. This is a boost from Union Pacific’s previous quarterly dividend of $0.61. This represents a $2.66 dividend on an annualized basis and a dividend yield of 2.04%. Union Pacific’s dividend payout ratio (DPR) is currently 47.00%.

Several equities analysts have recently weighed in on the stock. Barclays reissued a “buy” rating and issued a $150.00 price target on shares of Union Pacific in a research note on Wednesday, December 13th. ValuEngine downgraded shares of Union Pacific from a “buy” rating to a “hold” rating in a research note on Wednesday, November 15th. Goldman Sachs Group assumed coverage on shares of Union Pacific in a research note on Monday, November 13th. They issued a “sell” rating and a $103.00 price target on the stock. Royal Bank of Canada reissued a “hold” rating and issued a $124.00 price target on shares of Union Pacific in a research note on Thursday, November 9th. Finally, Zacks Investment Research downgraded shares of Union Pacific from a “buy” rating to a “hold” rating in a research note on Thursday, November 2nd. Three research analysts have rated the stock with a sell rating, sixteen have given a hold rating and four have assigned a buy rating to the company’s stock. The stock has an average rating of “Hold” and an average price target of $120.00.

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About Union Pacific

Union Pacific Corporation is a railroad operating company in the United States. The Company operates through its principal operating company, Union Pacific Railroad Company (UPRR). Its business mix includes Agricultural Products, Automotive, Chemicals, Coal, Industrial Products and Intermodal. Its freight traffic consists of bulk, manifest, and premium business.

Institutional Ownership by Quarter for Union Pacific (NYSE:UNP)

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