Sather Financial Group Inc boosted its position in shares of Union Pacific Corporation (NYSE:UNP – Free Report) by 3.5% during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 103,144 shares of the railroad operator’s stock after acquiring an additional 3,529 shares during the period. Union Pacific makes up approximately 1.3% of Sather Financial Group Inc’s holdings, making the stock its 26th largest holding. Sather Financial Group Inc’s holdings in Union Pacific were worth $24,380,000 at the end of the most recent reporting period.
A number of other hedge funds also recently made changes to their positions in UNP. Norges Bank bought a new position in Union Pacific during the second quarter worth about $1,856,340,000. Fisher Asset Management LLC increased its holdings in shares of Union Pacific by 0.7% during the second quarter. Fisher Asset Management LLC now owns 6,398,715 shares of the railroad operator’s stock worth $1,472,217,000 after buying an additional 46,436 shares in the last quarter. Amundi increased its holdings in shares of Union Pacific by 35.6% during the second quarter. Amundi now owns 4,782,577 shares of the railroad operator’s stock worth $1,134,236,000 after buying an additional 1,255,231 shares in the last quarter. Arrowstreet Capital Limited Partnership raised its stake in shares of Union Pacific by 32.8% in the second quarter. Arrowstreet Capital Limited Partnership now owns 3,152,042 shares of the railroad operator’s stock valued at $725,222,000 after acquiring an additional 778,411 shares during the last quarter. Finally, Laurel Wealth Advisors LLC boosted its holdings in shares of Union Pacific by 22,618.2% in the 2nd quarter. Laurel Wealth Advisors LLC now owns 2,624,636 shares of the railroad operator’s stock worth $603,876,000 after acquiring an additional 2,613,083 shares in the last quarter. Institutional investors and hedge funds own 80.38% of the company’s stock.
Union Pacific Price Performance
Shares of UNP opened at $233.67 on Wednesday. The company has a current ratio of 0.75, a quick ratio of 0.60 and a debt-to-equity ratio of 1.75. The stock has a market cap of $138.60 billion, a P/E ratio of 19.85, a price-to-earnings-growth ratio of 2.51 and a beta of 0.99. The stock’s 50-day moving average price is $229.22 and its two-hundred day moving average price is $227.20. Union Pacific Corporation has a 1 year low of $204.66 and a 1 year high of $256.84.
Union Pacific Dividend Announcement
The firm also recently declared a quarterly dividend, which was paid on Tuesday, December 30th. Shareholders of record on Friday, December 5th were issued a $1.38 dividend. This represents a $5.52 annualized dividend and a dividend yield of 2.4%. The ex-dividend date was Friday, December 5th. Union Pacific’s dividend payout ratio is 46.90%.
Wall Street Analysts Forecast Growth
A number of research firms recently weighed in on UNP. Royal Bank Of Canada set a $280.00 price target on Union Pacific in a report on Thursday, December 18th. BMO Capital Markets set a $255.00 target price on Union Pacific in a research note on Wednesday. Susquehanna reaffirmed a “positive” rating and issued a $272.00 price target (up from $257.00) on shares of Union Pacific in a report on Thursday, September 25th. TD Cowen dropped their target price on shares of Union Pacific from $258.00 to $257.00 and set a “buy” rating for the company in a research note on Friday, October 24th. Finally, Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Union Pacific in a report on Wednesday, October 8th. One analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating and twelve have issued a Hold rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $259.50.
Check Out Our Latest Research Report on Union Pacific
About Union Pacific
Union Pacific Corporation (NYSE: UNP) is one of the largest freight railroad companies in the United States. Its principal operating subsidiary, Union Pacific Railroad, has roots that trace back to the Pacific Railway Act of 1862 and the construction of the first transcontinental rail link completed in 1869. The company is headquartered in Omaha, Nebraska, and operates as a holding company for rail transportation and related services.
Union Pacific’s core business is the movement of freight by rail across an extensive rail network serving the western two‑thirds of the United States.
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