Schafer Cullen Capital Management Inc. grew its position in Union Pacific Co. (NYSE:UNP) by 43.1% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 14,922 shares of the railroad operator’s stock after purchasing an additional 4,495 shares during the quarter. Schafer Cullen Capital Management Inc.’s holdings in Union Pacific were worth $1,625,000 as of its most recent SEC filing.

Several other large investors have also recently added to or reduced their stakes in UNP. Proficio Capital Partners LLC grew its stake in shares of Union Pacific by 36.3% in the first quarter. Proficio Capital Partners LLC now owns 1,028 shares of the railroad operator’s stock worth $111,000 after acquiring an additional 274 shares during the last quarter. Mitsubishi UFJ Securities Holdings Co. Ltd. grew its stake in shares of Union Pacific by 46.6% in the second quarter. Mitsubishi UFJ Securities Holdings Co. Ltd. now owns 1,070 shares of the railroad operator’s stock worth $117,000 after acquiring an additional 340 shares during the last quarter. Ullmann Financial Group Inc. acquired a new stake in shares of Union Pacific in the first quarter worth $122,000. SRS Capital Advisors Inc. grew its stake in shares of Union Pacific by 147.2% in the first quarter. SRS Capital Advisors Inc. now owns 1,152 shares of the railroad operator’s stock worth $122,000 after acquiring an additional 686 shares during the last quarter. Finally, Delta Asset Management LLC TN grew its stake in shares of Union Pacific by 6.8% in the second quarter. Delta Asset Management LLC TN now owns 1,183 shares of the railroad operator’s stock worth $129,000 after acquiring an additional 75 shares during the last quarter. 78.63% of the stock is currently owned by institutional investors.

Union Pacific Co. (UNP) traded up $1.65 on Wednesday, reaching $130.70. 5,334,000 shares of the company’s stock were exchanged, compared to its average volume of 3,597,527. Union Pacific Co. has a 1 year low of $101.06 and a 1 year high of $132.00. The company has a debt-to-equity ratio of 0.83, a current ratio of 1.16 and a quick ratio of 0.97. The firm has a market capitalization of $101,308.62, a P/E ratio of 22.74, a P/E/G ratio of 2.09 and a beta of 0.90.

Union Pacific (NYSE:UNP) last issued its earnings results on Thursday, October 26th. The railroad operator reported $1.50 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $1.49 by $0.01. Union Pacific had a net margin of 21.84% and a return on equity of 23.35%. The company had revenue of $5.41 billion for the quarter, compared to the consensus estimate of $5.32 billion. During the same quarter in the previous year, the company earned $1.36 EPS. The firm’s revenue for the quarter was up 4.5% compared to the same quarter last year. analysts forecast that Union Pacific Co. will post 5.78 earnings per share for the current fiscal year.

The company also recently announced a quarterly dividend, which will be paid on Thursday, December 28th. Stockholders of record on Thursday, November 30th will be paid a $0.665 dividend. This represents a $2.66 annualized dividend and a dividend yield of 2.04%. The ex-dividend date is Wednesday, November 29th. This is an increase from Union Pacific’s previous quarterly dividend of $0.61. Union Pacific’s payout ratio is currently 47.00%.

UNP has been the topic of several research analyst reports. Barclays restated a “buy” rating and issued a $150.00 price objective on shares of Union Pacific in a research note on Wednesday. Argus raised their price objective on shares of Union Pacific from $125.00 to $130.00 and gave the stock a “buy” rating in a research note on Tuesday, October 31st. BMO Capital Markets restated a “buy” rating on shares of Union Pacific in a research note on Friday, October 20th. Morgan Stanley downgraded shares of Union Pacific from an “overweight” rating to an “equal weight” rating and lowered their price objective for the stock from $102.00 to $100.00 in a research note on Monday, October 2nd. Finally, Royal Bank of Canada reiterated a “hold” rating and set a $124.00 price target on shares of Union Pacific in a research note on Thursday, November 9th. Three equities research analysts have rated the stock with a sell rating, sixteen have given a hold rating and four have issued a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and an average target price of $120.00.

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Union Pacific Profile

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

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