Union Pacific Corporation $UNP Holdings Boosted by Envestnet Portfolio Solutions Inc.

Envestnet Portfolio Solutions Inc. raised its stake in Union Pacific Corporation (NYSE:UNP) by 5.2% in the third quarter, HoldingsChannel.com reports. The fund owned 98,196 shares of the railroad operator’s stock after buying an additional 4,859 shares during the quarter. Envestnet Portfolio Solutions Inc.’s holdings in Union Pacific were worth $23,210,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also made changes to their positions in UNP. Norges Bank acquired a new position in Union Pacific during the 2nd quarter valued at approximately $1,856,340,000. Laurel Wealth Advisors LLC lifted its stake in Union Pacific by 22,618.2% in the second quarter. Laurel Wealth Advisors LLC now owns 2,624,636 shares of the railroad operator’s stock valued at $603,876,000 after buying an additional 2,613,083 shares during the last quarter. Amundi boosted 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 valued at $1,134,236,000 after acquiring an additional 1,255,231 shares during the period. Rothschild & Co Wealth Management UK Ltd grew its position in shares of Union Pacific by 3,536.2% during the second quarter. Rothschild & Co Wealth Management UK Ltd now owns 1,011,677 shares of the railroad operator’s stock worth $232,767,000 after acquiring an additional 983,855 shares during the last quarter. Finally, Arrowstreet Capital Limited Partnership increased its holdings in shares of Union Pacific by 32.8% in the 2nd quarter. Arrowstreet Capital Limited Partnership now owns 3,152,042 shares of the railroad operator’s stock worth $725,222,000 after acquiring an additional 778,411 shares during the period. 80.38% of the stock is currently owned by institutional investors and hedge funds.

Union Pacific Price Performance

Shares of NYSE:UNP opened at $231.44 on Friday. The stock has a market cap of $137.28 billion, a price-to-earnings ratio of 19.66, a PEG ratio of 2.64 and a beta of 0.99. 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 Corporation has a 12 month low of $204.66 and a 12 month high of $256.84. The stock’s 50 day moving average price is $231.09 and its 200 day moving average price is $226.98.

Union Pacific (NYSE:UNP) last issued its quarterly earnings results on Thursday, October 23rd. The railroad operator reported $3.08 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.99 by $0.09. Union Pacific had a return on equity of 42.23% and a net margin of 28.73%.The firm had revenue of $6.24 billion during the quarter, compared to analyst estimates of $6.24 billion. During the same period last year, the company posted $2.75 EPS. The firm’s quarterly revenue was up 2.5% on a year-over-year basis. Equities research analysts anticipate that Union Pacific Corporation will post 11.99 earnings per share for the current fiscal year.

Union Pacific Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, December 30th. Investors of record on Friday, December 5th were paid a dividend of $1.38 per share. The ex-dividend date of this dividend was Friday, December 5th. This represents a $5.52 annualized dividend and a yield of 2.4%. Union Pacific’s dividend payout ratio (DPR) is currently 46.90%.

Analysts Set New Price Targets

A number of research firms have issued reports on UNP. Weiss Ratings reissued a “hold (c+)” rating on shares of Union Pacific in a research note on Wednesday. UBS Group set a $253.00 price target on Union Pacific and gave the company a “neutral” rating in a report on Friday, October 3rd. Susquehanna reissued a “buy” rating on shares of Union Pacific in a report on Monday. The Goldman Sachs Group set a $263.00 target price on Union Pacific and gave the company a “neutral” rating in a research report on Thursday, October 23rd. Finally, Deutsche Bank Aktiengesellschaft set a $245.00 price target on Union Pacific in a research report on Thursday, December 11th. One research analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and eleven have issued a Hold rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $259.58.

Union Pacific Profile

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.