Union Pacific Corporation $UNP Shares Bought by Fisher Asset Management LLC

Fisher Asset Management LLC lifted its position in Union Pacific Corporation (NYSE:UNP) by 0.5% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 6,428,229 shares of the railroad operator’s stock after acquiring an additional 29,514 shares during the quarter. Fisher Asset Management LLC’s holdings in Union Pacific were worth $1,519,441,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Howard Capital Management Group LLC increased its position in Union Pacific by 2.0% in the third quarter. Howard Capital Management Group LLC now owns 2,252 shares of the railroad operator’s stock worth $532,000 after buying an additional 45 shares during the period. Prestige Wealth Management Group LLC increased its stake in shares of Union Pacific by 1.4% during the third quarter. Prestige Wealth Management Group LLC now owns 3,186 shares of the railroad operator’s stock valued at $753,000 after acquiring an additional 45 shares during the period. Hanson & Doremus Investment Management raised its holdings in Union Pacific by 2.5% during the third quarter. Hanson & Doremus Investment Management now owns 1,880 shares of the railroad operator’s stock worth $444,000 after purchasing an additional 46 shares in the last quarter. Silver Oak Securities Incorporated lifted its position in Union Pacific by 4.5% in the third quarter. Silver Oak Securities Incorporated now owns 1,065 shares of the railroad operator’s stock worth $252,000 after purchasing an additional 46 shares during the period. Finally, CFO4Life Group LLC lifted its holdings in shares of Union Pacific by 1.2% in the third quarter. CFO4Life Group LLC now owns 3,754 shares of the railroad operator’s stock valued at $887,000 after buying an additional 46 shares during the period. Institutional investors and hedge funds own 80.38% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research analysts have recently weighed in on the company. Citigroup reiterated a “buy” rating and set a $270.00 price target (up from $265.00) on shares of Union Pacific in a report on Wednesday, January 28th. Raymond James Financial reaffirmed a “strong-buy” rating on shares of Union Pacific in a research report on Tuesday, January 27th. Royal Bank Of Canada set a $280.00 price target on shares of Union Pacific in a research note on Thursday, December 18th. Barclays restated an “overweight” rating and set a $285.00 price target (up from $270.00) on shares of Union Pacific in a report on Tuesday, December 16th. Finally, JPMorgan Chase & Co. decreased their price objective on shares of Union Pacific from $270.00 to $265.00 and set a “neutral” rating for the company in a report on Wednesday, January 28th. One equities research analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating and ten have given a Hold rating to the company’s stock. According to data from MarketBeat, Union Pacific presently has an average rating of “Moderate Buy” and an average target price of $260.14.

Union Pacific Stock Down 0.3%

Shares of UNP opened at $264.62 on Monday. The company has a debt-to-equity ratio of 1.64, a quick ratio of 0.75 and a current ratio of 0.91. Union Pacific Corporation has a 52 week low of $204.66 and a 52 week high of $267.88. The business’s fifty day moving average price is $242.08 and its two-hundred day moving average price is $231.63. The firm has a market capitalization of $157.02 billion, a price-to-earnings ratio of 22.11, a PEG ratio of 2.89 and a beta of 0.95.

Union Pacific (NYSE:UNP) last announced its earnings results on Tuesday, January 27th. The railroad operator reported $2.86 earnings per share for the quarter, missing analysts’ consensus estimates of $2.92 by ($0.06). The company had revenue of $6.09 billion during the quarter, compared to analyst estimates of $6.15 billion. Union Pacific had a return on equity of 40.89% and a net margin of 29.12%.Union Pacific’s revenue for the quarter was down .6% on a year-over-year basis. During the same period in the previous year, the company posted $2.91 earnings per share. On average, analysts predict that Union Pacific Corporation will post 11.99 earnings per share for the current year.

Union Pacific Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 31st. Stockholders of record on Friday, February 27th will be given a dividend of $1.38 per share. This represents a $5.52 annualized dividend and a dividend yield of 2.1%. The ex-dividend date of this dividend is Friday, February 27th. Union Pacific’s dividend payout ratio is currently 46.12%.

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.