Lbp Am Sa lifted its holdings in shares of Union Pacific Corporation (NYSE:UNP – Free Report) by 9.8% during the 3rd quarter, according to the company in its most recent filing with the SEC. The fund owned 115,053 shares of the railroad operator’s stock after purchasing an additional 10,232 shares during the period. Lbp Am Sa’s holdings in Union Pacific were worth $27,195,000 as of its most recent filing with the SEC.
Other hedge funds have also added to or reduced their stakes in the company. Acadian Asset Management LLC boosted its holdings in Union Pacific by 40.4% during the 1st quarter. Acadian Asset Management LLC now owns 2,312 shares of the railroad operator’s stock valued at $546,000 after acquiring an additional 665 shares during the period. Patton Fund Management Inc. bought a new stake in Union Pacific in the second quarter valued at approximately $237,000. Chatham Capital Group Inc. lifted its position in Union Pacific by 0.3% in the second quarter. Chatham Capital Group Inc. now owns 15,913 shares of the railroad operator’s stock valued at $3,661,000 after purchasing an additional 50 shares during the last quarter. Neumann Capital Management LLC boosted its stake in shares of Union Pacific by 9.3% during the second quarter. Neumann Capital Management LLC now owns 1,171 shares of the railroad operator’s stock valued at $269,000 after purchasing an additional 100 shares during the period. Finally, James Hambro & Partners LLP grew its holdings in shares of Union Pacific by 4.1% in the second quarter. James Hambro & Partners LLP now owns 398,599 shares of the railroad operator’s stock worth $91,692,000 after purchasing an additional 15,607 shares during the last quarter. 80.38% of the stock is owned by institutional investors.
Analyst Upgrades and Downgrades
A number of equities research analysts recently commented on UNP shares. JPMorgan Chase & Co. upped their price target on shares of Union Pacific from $267.00 to $270.00 and gave the company a “neutral” rating in a report on Monday, January 12th. TD Cowen reaffirmed a “buy” rating on shares of Union Pacific in a research note on Friday, October 24th. Citigroup set a $264.00 target price on Union Pacific and gave the stock a “buy” rating in a research note on Thursday, January 8th. BMO Capital Markets set a $255.00 price target on Union Pacific in a report on Wednesday, January 7th. Finally, UBS Group set a $253.00 price objective on Union Pacific and gave the stock a “neutral” rating in a report on Friday, October 3rd. One analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating and eleven have issued a Hold rating to the stock. Based on data from MarketBeat.com, Union Pacific has a consensus rating of “Moderate Buy” and an average target price of $258.18.
Union Pacific Price Performance
UNP stock opened at $229.67 on Monday. The company has a debt-to-equity ratio of 1.75, a current ratio of 0.75 and a quick ratio of 0.60. Union Pacific Corporation has a 1 year low of $204.66 and a 1 year high of $256.84. The firm has a 50-day moving average of $231.23 and a 200 day moving average of $226.80. The company has a market cap of $136.23 billion, a P/E ratio of 19.51, a PEG ratio of 2.65 and a beta of 0.99.
Union Pacific (NYSE:UNP – Get Free Report) last posted its quarterly earnings data on Thursday, October 23rd. The railroad operator reported $3.08 earnings per share for the quarter, beating the consensus estimate of $2.99 by $0.09. Union Pacific had a return on equity of 42.23% and a net margin of 28.73%.The business had revenue of $6.24 billion for the quarter, compared to analysts’ expectations of $6.24 billion. During the same period in the previous year, the firm posted $2.75 EPS. The business’s revenue was up 2.5% on a year-over-year basis. On average, sell-side analysts forecast that Union Pacific Corporation will post 11.99 EPS for the current year.
Union Pacific Dividend Announcement
The company also recently declared a quarterly dividend, which was paid on Tuesday, December 30th. Investors of record on Friday, December 5th were paid a $1.38 dividend. This represents a $5.52 annualized dividend and a yield of 2.4%. The ex-dividend date of this dividend was Friday, December 5th. Union Pacific’s dividend payout ratio is presently 46.90%.
Union Pacific 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.
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