Motley Fool Asset Management LLC boosted its stake in Union Pacific Corporation (NYSE:UNP – Free Report) by 3.5% in the first quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 32,748 shares of the railroad operator’s stock after buying an additional 1,098 shares during the period. Motley Fool Asset Management LLC’s holdings in Union Pacific were worth $7,736,000 at the end of the most recent quarter.
A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. Capital Research Global Investors grew its position 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 valued at $2,370,559,000 after buying an additional 1,298,178 shares in the last quarter. Northern Trust Corp lifted its holdings in Union Pacific by 15.2% in 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. Price T Rowe Associates Inc. MD lifted its holdings in Union Pacific by 1.6% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 6,594,882 shares of the railroad operator’s stock valued at $1,503,899,000 after acquiring an additional 105,111 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its holdings in Union Pacific by 35.2% in the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 4,968,658 shares of the railroad operator’s stock valued at $1,133,053,000 after acquiring an additional 1,294,643 shares during the last quarter. Finally, Nuveen Asset Management LLC lifted its holdings in Union Pacific by 2.1% in the 4th quarter. Nuveen Asset Management LLC now owns 4,372,636 shares of the railroad operator’s stock valued at $997,136,000 after acquiring an additional 89,199 shares during the last quarter. Institutional investors own 80.38% of the company’s stock.
Wall Street Analyst Weigh In
A number of equities research analysts have weighed in on UNP shares. Bank of America upped their price target on shares of Union Pacific from $256.00 to $262.00 and gave the company a “buy” rating in a report on Friday, May 16th. Stephens cut their price target on shares of Union Pacific from $275.00 to $255.00 and set an “overweight” rating for the company in a report on Monday, April 28th. Baird R W raised shares of Union Pacific to a “hold” rating in a research note on Tuesday, July 1st. Redburn Atlantic raised shares of Union Pacific from a “neutral” rating to a “buy” rating and set a $259.00 price objective for the company in a research note on Wednesday, April 16th. Finally, Wells Fargo & Company upped their price objective on shares of Union Pacific from $250.00 to $260.00 and gave the company an “overweight” rating in a research note on Friday, July 25th. One investment analyst has rated the stock with a sell rating, eleven have assigned a hold rating, fourteen have issued a buy rating and two have given a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $258.21.
Union Pacific Trading Down 0.2%
Shares of Union Pacific stock opened at $222.27 on Monday. The company has a market cap of $131.82 billion, a price-to-earnings ratio of 19.31, a PEG ratio of 2.17 and a beta of 1.05. Union Pacific Corporation has a 1 year low of $204.66 and a 1 year high of $258.07. The company’s fifty day simple moving average is $227.09 and its 200-day simple moving average is $230.32. The company has a current ratio of 0.65, a quick ratio of 0.53 and a debt-to-equity ratio of 1.86.
Union Pacific (NYSE:UNP – Get Free Report) last issued its earnings results on Thursday, July 24th. The railroad operator reported $3.03 EPS for the quarter, topping the consensus estimate of $2.84 by $0.19. The firm had revenue of $6.15 billion during the quarter, compared to analysts’ expectations of $6.09 billion. Union Pacific had a return on equity of 41.73% and a net margin of 28.43%. Union Pacific’s quarterly revenue was up 2.4% compared to the same quarter last year. During the same period last year, the business earned $2.74 earnings per share. As a group, sell-side analysts expect that Union Pacific Corporation will post 11.99 EPS for the current year.
Union Pacific Increases Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 30th. Shareholders of record on Friday, August 29th will be issued a dividend of $1.38 per share. The ex-dividend date of this dividend is Friday, August 29th. This is a boost from Union Pacific’s previous quarterly dividend of $1.34. This represents a $5.52 dividend on an annualized basis and a dividend yield of 2.5%. Union Pacific’s dividend payout ratio (DPR) is 46.57%.
Union Pacific Profile
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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