Quantitative Investment Management LLC Has $8.36 Million Stake in Union Pacific Corporation $UNP

Quantitative Investment Management LLC grew its position in Union Pacific Corporation (NYSE:UNP) by 364.7% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 35,378 shares of the railroad operator’s stock after acquiring an additional 27,765 shares during the period. Union Pacific accounts for 1.2% of Quantitative Investment Management LLC’s portfolio, making the stock its 21st largest holding. Quantitative Investment Management LLC’s holdings in Union Pacific were worth $8,362,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also modified their holdings of the business. Acadian Asset Management LLC raised 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 valued at $546,000 after purchasing an additional 665 shares during the last quarter. Schnieders Capital Management LLC. boosted its stake in Union Pacific by 0.5% in the second 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 in the last quarter. KBC Group NV grew its holdings in shares of Union Pacific by 1.3% during the second quarter. KBC Group NV now owns 60,718 shares of the railroad operator’s stock worth $13,970,000 after purchasing an additional 805 shares during the last quarter. Wealth Alliance LLC grew its holdings in shares of Union Pacific by 1.5% during the second quarter. Wealth Alliance LLC now owns 5,390 shares of the railroad operator’s stock worth $1,240,000 after purchasing an additional 79 shares during the last quarter. Finally, Bailard Inc. increased its stake in shares of Union Pacific by 31.9% in the second quarter. Bailard Inc. now owns 18,613 shares of the railroad operator’s stock valued at $4,283,000 after buying an additional 4,504 shares in the last quarter. 80.38% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of research firms recently issued reports on UNP. Deutsche Bank Aktiengesellschaft set a $245.00 price target on Union Pacific in a report on Thursday, December 11th. Robert W. Baird set a $311.00 price objective on shares of Union Pacific and gave the company an “outperform” rating in a research report on Friday, March 6th. Raymond James Financial reaffirmed a “strong-buy” rating on shares of Union Pacific in a research note on Tuesday, January 27th. Royal Bank Of Canada set a $280.00 target price on shares of Union Pacific in a research report on Thursday, December 18th. Finally, Susquehanna reissued a “buy” rating on shares of Union Pacific in a research note on Monday, January 19th. One research analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and nine have given a Hold rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $263.77.

Union Pacific Price Performance

Union Pacific stock opened at $243.96 on Friday. The business’s 50-day simple moving average is $246.26 and its 200 day simple moving average is $233.60. 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 stock has a market cap of $144.77 billion, a price-to-earnings ratio of 20.38, a P/E/G ratio of 2.74 and a beta of 0.95. Union Pacific Corporation has a 12-month low of $204.66 and a 12-month high of $268.14.

Union Pacific (NYSE:UNP) last announced 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). 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 the consensus estimate of $6.15 billion. During the same period in the prior year, the firm posted $2.91 earnings per share. The business’s revenue for the quarter was down .6% compared to the same quarter last year. As a group, research analysts anticipate that Union Pacific Corporation will post 11.99 earnings per share for the current year.

Union Pacific Announces Dividend

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

Union Pacific Company 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.