900 Shares in Union Pacific Corporation $UNP Purchased by TradeLink Capital LLC

TradeLink Capital LLC purchased a new position in shares of Union Pacific Corporation (NYSE:UNP) during the second quarter, Holdings Channel reports. The firm purchased 900 shares of the railroad operator’s stock, valued at approximately $207,000.

Other institutional investors and hedge funds have also made changes to their positions in the company. Norges Bank acquired a new position in shares of Union Pacific during the 2nd quarter worth approximately $1,856,340,000. Northern Trust Corp increased its holdings in Union Pacific by 2.0% in the 1st quarter. Northern Trust Corp now owns 7,105,382 shares of the railroad operator’s stock worth $1,678,575,000 after acquiring an additional 142,732 shares in the last quarter. Price T Rowe Associates Inc. MD increased its holdings in Union Pacific by 5.4% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 6,949,345 shares of the railroad operator’s stock worth $1,641,715,000 after acquiring an additional 354,463 shares in the last quarter. Royal Bank of Canada raised its position in Union Pacific by 1.7% during the first quarter. Royal Bank of Canada now owns 5,105,784 shares of the railroad operator’s stock worth $1,206,191,000 after acquiring an additional 86,292 shares during the period. Finally, Canada Pension Plan Investment Board lifted its holdings in Union Pacific by 10.8% during the first quarter. Canada Pension Plan Investment Board now owns 4,626,200 shares of the railroad operator’s stock valued at $1,092,893,000 after purchasing an additional 452,788 shares in the last quarter. 80.38% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

UNP has been the subject of several research reports. TD Cowen cut their price objective on Union Pacific from $258.00 to $257.00 and set a “buy” rating for the company in a research note on Friday, October 24th. Argus cut Union Pacific from a “buy” rating to a “hold” rating in a research report on Tuesday, August 12th. Susquehanna reissued a “positive” rating and issued a $272.00 price objective (up from $257.00) on shares of Union Pacific in a research note on Thursday, September 25th. UBS Group set a $253.00 target price on shares of Union Pacific and gave the stock a “neutral” rating in a research note on Friday, October 3rd. Finally, Citigroup upped their target price on shares of Union Pacific from $263.00 to $265.00 and gave the stock a “buy” rating in a report on Friday, October 24th. One analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating and eleven have given a Hold rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $261.63.

Union Pacific Stock Up 0.8%

Shares of NYSE:UNP opened at $232.45 on Monday. Union Pacific Corporation has a 52-week low of $204.66 and a 52-week high of $256.84. The stock has a market cap of $137.88 billion, a P/E ratio of 19.75, a PEG ratio of 2.27 and a beta of 1.04. The business has a fifty day moving average of $225.97 and a two-hundred day moving average of $225.16. The company has a quick ratio of 0.60, a current ratio of 0.75 and a debt-to-equity ratio of 1.75.

Union Pacific (NYSE:UNP) last announced its quarterly 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. Union Pacific had a net margin of 28.73% and a return on equity of 42.23%. The firm had revenue of $6.24 billion for the quarter, compared to analysts’ expectations of $6.24 billion. During the same quarter in the previous year, the company posted $2.75 EPS. The company’s revenue was up 2.5% compared to the same quarter last year. On average, research analysts expect that Union Pacific Corporation will post 11.99 earnings per share for the current year.

Union Pacific Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, December 30th. Shareholders of record on Friday, December 5th will be issued a $1.38 dividend. This represents a $5.52 annualized dividend and a yield of 2.4%. The ex-dividend date is Friday, December 5th. Union Pacific’s payout ratio is presently 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.