Union Pacific Corporation $UNP Shares Acquired by EFG Asset Management Americas Corp.

EFG Asset Management Americas Corp. increased its position in shares of Union Pacific Corporation (NYSE:UNP) by 6.2% during the 2nd quarter, Holdings Channel.com reports. The firm owned 30,882 shares of the railroad operator’s stock after buying an additional 1,810 shares during the quarter. Union Pacific accounts for 1.3% of EFG Asset Management Americas Corp.’s investment portfolio, making the stock its 20th biggest holding. EFG Asset Management Americas Corp.’s holdings in Union Pacific were worth $7,105,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also modified their holdings of the company. Y Intercept Hong Kong Ltd acquired a new position in Union Pacific in the first quarter worth approximately $911,000. Proficio Capital Partners LLC grew its holdings in shares of Union Pacific by 14.0% during the first quarter. Proficio Capital Partners LLC now owns 2,520 shares of the railroad operator’s stock valued at $595,000 after buying an additional 309 shares in the last quarter. Accredited Investors Inc. acquired a new position in Union Pacific during the first quarter valued at $213,000. Oak Thistle LLC acquired a new position in Union Pacific during the first quarter valued at $462,000. Finally, SYM FINANCIAL Corp purchased a new stake in Union Pacific in the 1st quarter worth about $209,000. Institutional investors and hedge funds own 80.38% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research firms have recently issued reports on UNP. BMO Capital Markets reduced their price target on shares of Union Pacific from $277.00 to $275.00 and set an “outperform” rating for the company in a research report on Friday, October 24th. Barclays downgraded shares of Union Pacific from an “overweight” rating to an “equal weight” rating in a research report on Wednesday, July 30th. Loop Capital upgraded shares of Union Pacific from a “sell” rating to a “hold” rating and boosted their price target for the company from $214.00 to $227.00 in a report on Tuesday, September 16th. Wells Fargo & Company lifted their price objective on Union Pacific from $250.00 to $260.00 and gave the company an “overweight” rating in a research report on Friday, July 25th. Finally, Jefferies Financial Group upgraded shares of Union Pacific from a “hold” rating to a “buy” rating and lifted their target price for the company from $250.00 to $285.00 in a research note on Friday, July 25th. One investment analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating and eleven have issued a Hold rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $261.63.

Union Pacific Stock Performance

Shares of UNP opened at $221.10 on Thursday. The company has a market capitalization of $131.15 billion, a PE ratio of 18.78, a price-to-earnings-growth ratio of 2.27 and a beta of 1.04. The company’s fifty day moving average price is $224.49 and its 200 day moving average price is $224.76. Union Pacific Corporation has a one year low of $204.66 and a one year high of $256.84. The company has a debt-to-equity ratio of 1.75, a current ratio of 0.75 and a quick ratio of 0.60.

Union Pacific (NYSE:UNP) last announced its earnings results on Thursday, October 23rd. The railroad operator reported $3.08 earnings per share for the quarter, beating the consensus estimate of $2.99 by $0.09. The firm had revenue of $6.24 billion during the quarter, compared to the consensus estimate of $6.24 billion. Union Pacific had a return on equity of 42.23% and a net margin of 28.73%.The firm’s revenue for the quarter was up 2.5% compared to the same quarter last year. During the same quarter in the prior year, the company earned $2.75 EPS. As a group, analysts expect that Union Pacific Corporation will post 11.99 earnings per share for the current year.

Union Pacific Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, December 30th. Investors of record on Friday, December 5th will be given a dividend of $1.38 per share. The ex-dividend date of this dividend is Friday, December 5th. This represents a $5.52 dividend on an annualized basis and a yield of 2.5%. Union Pacific’s payout ratio is 46.90%.

Union Pacific Company 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.