Lbp Am Sa Raises Stake in Union Pacific Corporation $UNP

Lbp Am Sa increased its holdings in shares of Union Pacific Corporation (NYSE:UNP) by 9.8% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 115,053 shares of the railroad operator’s stock after acquiring an additional 10,232 shares during the period. Lbp Am Sa’s holdings in Union Pacific were worth $27,195,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of UNP. Howard Hughes Medical Institute purchased a new position in Union Pacific during the second quarter valued at $30,000. Financial Gravity Companies Inc. purchased a new stake in shares of Union Pacific in the second quarter worth $31,000. Total Investment Management Inc. bought a new position in shares of Union Pacific during the second quarter valued at $31,000. Access Investment Management LLC purchased a new position in shares of Union Pacific in the 2nd quarter worth about $32,000. Finally, Sagard Holdings Management Inc. bought a new position in Union Pacific in the 2nd quarter worth about $33,000. Hedge funds and other institutional investors own 80.38% of the company’s stock.

Union Pacific Stock Performance

Shares of UNP opened at $229.67 on Monday. Union Pacific Corporation has a 52 week low of $204.66 and a 52 week high of $256.84. The company has a quick ratio of 0.60, a current ratio of 0.75 and a debt-to-equity ratio of 1.75. The stock has a market cap of $136.23 billion, a price-to-earnings ratio of 19.51, a PEG ratio of 2.65 and a beta of 0.99. The business has a 50-day simple moving average of $231.23 and a two-hundred day simple moving average of $226.80.

Union Pacific (NYSE:UNP) last announced its quarterly earnings data 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. The company 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 was up 2.5% on a year-over-year basis. During the same period in the previous year, the company posted $2.75 EPS. On average, analysts expect that Union Pacific Corporation will post 11.99 EPS for the current year.

Union Pacific Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Tuesday, December 30th. Shareholders of record on Friday, December 5th were given a $1.38 dividend. This represents a $5.52 dividend on an annualized basis and a dividend yield of 2.4%. The ex-dividend date was Friday, December 5th. Union Pacific’s dividend payout ratio is presently 46.90%.

Wall Street Analyst Weigh In

A number of brokerages have recently issued reports on UNP. JPMorgan Chase & Co. raised their price target on shares of Union Pacific from $267.00 to $270.00 and gave the company a “neutral” rating in a report on Monday, January 12th. Barclays reissued an “overweight” rating and issued a $285.00 target price (up previously from $270.00) on shares of Union Pacific in a report on Tuesday, December 16th. Royal Bank Of Canada set a $280.00 price target on Union Pacific in a research note on Thursday, December 18th. TD Cowen reaffirmed a “buy” rating on shares of Union Pacific in a research report on Friday, October 24th. Finally, BMO Capital Markets set a $255.00 price objective on shares of Union Pacific in a report on Wednesday, January 7th. One research analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and eleven have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $258.18.

Union Pacific Company 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.