US Bancorp DE Has $184.25 Million Position in Union Pacific Corporation $UNP

US Bancorp DE decreased its stake in Union Pacific Corporation (NYSE:UNP) by 1.8% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 779,481 shares of the railroad operator’s stock after selling 14,185 shares during the period. US Bancorp DE owned 0.13% of Union Pacific worth $184,247,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Empirical Asset Management LLC lifted its position in shares of Union Pacific by 3.6% in the 3rd quarter. Empirical Asset Management LLC now owns 2,047 shares of the railroad operator’s stock worth $484,000 after purchasing an additional 71 shares during the period. RWA Wealth Partners LLC raised its stake in Union Pacific by 12.6% during the third quarter. RWA Wealth Partners LLC now owns 128,387 shares of the railroad operator’s stock worth $30,347,000 after buying an additional 14,328 shares during the last quarter. Cary Street Partners Financial LLC lifted its holdings in Union Pacific by 97.5% in the third quarter. Cary Street Partners Financial LLC now owns 16,145 shares of the railroad operator’s stock valued at $3,816,000 after buying an additional 7,969 shares during the period. JFS Wealth Advisors LLC boosted its position in Union Pacific by 25.3% during the third quarter. JFS Wealth Advisors LLC now owns 1,542 shares of the railroad operator’s stock valued at $364,000 after acquiring an additional 311 shares during the last quarter. Finally, Waddell & Associates LLC grew its holdings in Union Pacific by 7.9% during the 3rd quarter. Waddell & Associates LLC now owns 1,863 shares of the railroad operator’s stock worth $440,000 after acquiring an additional 137 shares during the period. 80.38% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of research analysts have recently issued reports on the company. Raymond James Financial reissued a “strong-buy” rating on shares of Union Pacific in a research note on Tuesday, January 27th. Weiss Ratings raised Union Pacific from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Friday, February 6th. Citigroup restated a “buy” rating and set a $270.00 price target (up from $265.00) on shares of Union Pacific in a report on Wednesday, January 28th. BMO Capital Markets reiterated a “market perform” rating and set a $295.00 target price on shares of Union Pacific in a research report on Thursday, February 19th. Finally, Royal Bank Of Canada set a $280.00 price target on shares of Union Pacific in a research note on Thursday, December 18th. One investment analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating and ten have assigned a Hold rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $260.14.

Union Pacific Stock Performance

Shares of UNP opened at $264.53 on Thursday. Union Pacific Corporation has a 52 week low of $204.66 and a 52 week high of $267.88. The company has a debt-to-equity ratio of 1.64, a quick ratio of 0.75 and a current ratio of 0.91. The stock has a 50 day moving average price of $240.85 and a two-hundred day moving average price of $230.93. The firm has a market capitalization of $156.97 billion, a P/E ratio of 22.10, a P/E/G ratio of 2.91 and a beta of 0.98.

Union Pacific (NYSE:UNP) last released its quarterly earnings results on Tuesday, January 27th. The railroad operator reported $2.86 EPS for the quarter, missing analysts’ consensus estimates of $2.92 by ($0.06). The company had revenue of $6.09 billion during the quarter, compared to analysts’ expectations of $6.15 billion. Union Pacific had a net margin of 29.12% and a return on equity of 40.89%. The company’s quarterly revenue was down .6% compared to the same quarter last year. During the same period in the previous year, the company posted $2.91 earnings per share. Equities analysts forecast that Union Pacific Corporation will post 11.99 earnings per share for the current fiscal year.

Union Pacific Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 31st. Shareholders of record on Friday, February 27th will be paid a $1.38 dividend. The ex-dividend date is Friday, February 27th. This represents a $5.52 annualized dividend and a yield of 2.1%. Union Pacific’s dividend payout ratio (DPR) is 46.12%.

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.