Gold Investment Management Ltd. Buys 191 Shares of Union Pacific Corporation (NYSE:UNP)

Gold Investment Management Ltd. boosted its stake in shares of Union Pacific Corporation (NYSE:UNPFree Report) by 0.9% in the 1st quarter, HoldingsChannel.com reports. The fund owned 20,352 shares of the railroad operator’s stock after buying an additional 191 shares during the period. Union Pacific comprises 2.0% of Gold Investment Management Ltd.’s holdings, making the stock its 11th biggest position. Gold Investment Management Ltd.’s holdings in Union Pacific were worth $4,808,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Geode Capital Management LLC lifted its position in shares of Union Pacific by 12.6% in the fourth quarter. Geode Capital Management LLC now owns 14,430,581 shares of the railroad operator’s stock worth $3,282,305,000 after buying an additional 1,616,895 shares in the last quarter. Capital Research Global Investors increased its stake in Union Pacific by 14.3% in the 4th quarter. Capital Research Global Investors now owns 10,395,364 shares of the railroad operator’s stock worth $2,370,559,000 after acquiring an additional 1,298,178 shares during the last quarter. Norges Bank purchased a new stake in shares of Union Pacific during the 4th quarter worth approximately $1,927,377,000. Franklin Resources Inc. boosted its position in shares of Union Pacific by 5.0% during the 4th quarter. Franklin Resources Inc. now owns 7,686,387 shares of the railroad operator’s stock valued at $1,752,804,000 after acquiring an additional 363,937 shares during the last quarter. Finally, Northern Trust Corp boosted its position in shares of Union Pacific by 15.2% during the 4th quarter. Northern Trust Corp now owns 6,962,650 shares of the railroad operator’s stock valued at $1,587,763,000 after acquiring an additional 920,414 shares during the last quarter. 80.38% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

A number of research firms recently issued reports on UNP. Citigroup raised shares of Union Pacific from a “neutral” rating to a “buy” rating and decreased their price target for the company from $260.00 to $244.00 in a research note on Tuesday, April 8th. Stifel Nicolaus decreased their target price on shares of Union Pacific from $270.00 to $248.00 and set a “buy” rating on the stock in a research report on Monday, April 14th. Jefferies Financial Group lowered their price target on shares of Union Pacific from $255.00 to $230.00 and set a “hold” rating for the company in a report on Wednesday, April 9th. UBS Group reduced their price objective on Union Pacific from $255.00 to $245.00 and set a “neutral” rating on the stock in a research note on Wednesday, April 2nd. Finally, Susquehanna upgraded Union Pacific from a “neutral” rating to a “positive” rating and upped their price objective for the company from $245.00 to $260.00 in a research report on Tuesday. One research analyst has rated the stock with a sell rating, six have given a hold rating, sixteen have issued a buy rating and two have given a strong buy rating to the stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $258.39.

Read Our Latest Research Report on Union Pacific

Union Pacific Stock Performance

UNP stock opened at $231.36 on Friday. Union Pacific Corporation has a twelve month low of $204.66 and a twelve month high of $258.07. The firm has a market cap of $138.23 billion, a price-to-earnings ratio of 20.84, a PEG ratio of 2.30 and a beta of 1.05. The business’s fifty day simple moving average is $222.11 and its two-hundred day simple moving average is $230.72. The company has a quick ratio of 0.61, a current ratio of 0.73 and a debt-to-equity ratio of 1.91.

Union Pacific (NYSE:UNPGet Free Report) last posted its quarterly earnings results on Thursday, April 24th. The railroad operator reported $2.70 EPS for the quarter, missing the consensus estimate of $2.73 by ($0.03). The company had revenue of $6.03 billion during the quarter, compared to analysts’ expectations of $6.11 billion. Union Pacific had a return on equity of 40.80% and a net margin of 27.76%. The company’s quarterly revenue was down .1% on a year-over-year basis. During the same period in the prior year, the business earned $2.69 EPS. Analysts predict that Union Pacific Corporation will post 11.99 earnings per share for the current year.

Union Pacific Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, June 30th. Stockholders of record on Friday, May 30th will be paid a dividend of $1.34 per share. This represents a $5.36 annualized dividend and a dividend yield of 2.32%. The ex-dividend date of this dividend is Friday, May 30th. Union Pacific’s dividend payout ratio is presently 48.29%.

Union Pacific Company Profile

(Free Report)

Union Pacific Corporation, through its subsidiary, Union Pacific Railroad Company, operates in the railroad business in the United States. The company offers transportation services for grain and grain products, fertilizers, food and refrigerated products, and coal and renewables to grain processors, animal feeders, ethanol producers, renewable biofuel producers, and other agricultural users; and construction products, industrial chemicals, plastics, forest products, specialized products, metals and ores, petroleum, liquid petroleum gases, soda ash, and sand, as well as finished automobiles, automotive parts, and merchandise in intermodal containers.

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

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