Robecosam AG Lowers Stake in Union Pacific Co. (UNP)
Robecosam AG lowered its stake in shares of Union Pacific Co. (NYSE:UNP) by 38.8% during the 3rd quarter, HoldingsChannel reports. The institutional investor owned 7,820 shares of the railroad operator’s stock after selling 4,960 shares during the period. Robecosam AG’s holdings in Union Pacific were worth $907,000 at the end of the most recent reporting period.
Several other institutional investors also recently bought and sold shares of UNP. Capital One National Association raised its position in Union Pacific by 18.7% in the 2nd quarter. Capital One National Association now owns 8,086 shares of the railroad operator’s stock worth $881,000 after purchasing an additional 1,272 shares during the period. First American Bank raised its position in Union Pacific by 2.3% in the 2nd quarter. First American Bank now owns 47,252 shares of the railroad operator’s stock worth $5,146,000 after purchasing an additional 1,048 shares during the period. Country Club Trust Company n.a. raised its position in Union Pacific by 42.3% in the 2nd quarter. Country Club Trust Company n.a. now owns 18,110 shares of the railroad operator’s stock worth $1,973,000 after purchasing an additional 5,386 shares during the period. Koshinski Asset Management Inc. purchased a new position in Union Pacific in the 2nd quarter worth $353,000. Finally, Dynamic Advisors Solutions LLC raised its position in Union Pacific by 2.0% in the 2nd quarter. Dynamic Advisors Solutions LLC now owns 13,438 shares of the railroad operator’s stock worth $1,464,000 after purchasing an additional 267 shares during the period. Hedge funds and other institutional investors own 78.47% of the company’s stock.
UNP has been the topic of a number of analyst reports. Barclays reiterated a “buy” rating and issued a $150.00 target price on shares of Union Pacific in a research report on Wednesday, December 13th. Argus lifted their target price on shares of Union Pacific from $125.00 to $130.00 and gave the stock a “buy” rating in a research report on Tuesday, October 31st. Scotiabank set a $150.00 target price on shares of Union Pacific and gave the stock a “hold” rating in a research report on Thursday, January 11th. BMO Capital Markets reiterated a “buy” rating on shares of Union Pacific in a research report on Friday, October 20th. Finally, Morgan Stanley cut shares of Union Pacific from an “overweight” rating to an “equal weight” rating and decreased their target price for the stock from $102.00 to $100.00 in a research report on Monday, October 2nd. Three research analysts have rated the stock with a sell rating, fourteen have given a hold rating and eight have issued a buy rating to the company’s stock. The company presently has an average rating of “Hold” and an average price target of $124.00.
Shares of Union Pacific Co. (NYSE:UNP) opened at $140.31 on Wednesday. The stock has a market cap of $110,450.00, a price-to-earnings ratio of 24.83, a price-to-earnings-growth ratio of 1.90 and a beta of 0.90. Union Pacific Co. has a twelve month low of $101.06 and a twelve month high of $142.19. The company has a debt-to-equity ratio of 0.83, a current ratio of 1.16 and a quick ratio of 0.97.
Union Pacific (NYSE:UNP) last announced its quarterly earnings results on Thursday, October 26th. The railroad operator reported $1.50 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.49 by $0.01. The business had revenue of $5.41 billion for the quarter, compared to analyst estimates of $5.32 billion. Union Pacific had a net margin of 21.84% and a return on equity of 23.35%. The company’s revenue was up 4.5% on a year-over-year basis. During the same quarter last year, the firm earned $1.36 EPS. equities analysts expect that Union Pacific Co. will post 5.79 earnings per share for the current year.
The company also recently declared a quarterly dividend, which was paid on Thursday, December 28th. Shareholders of record on Thursday, November 30th were issued a $0.665 dividend. This represents a $2.66 dividend on an annualized basis and a yield of 1.90%. The ex-dividend date of this dividend was Wednesday, November 29th. This is a positive change from Union Pacific’s previous quarterly dividend of $0.61. Union Pacific’s dividend payout ratio (DPR) is 47.08%.
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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.
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