Grantham Mayo Van Otterloo & Co. LLC Has $3.06 Million Holdings in Union Pacific Corporation $UNP

Grantham Mayo Van Otterloo & Co. LLC grew its position in shares of Union Pacific Corporation (NYSE:UNP) by 58.2% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 12,942 shares of the railroad operator’s stock after purchasing an additional 4,760 shares during the quarter. Grantham Mayo Van Otterloo & Co. LLC’s holdings in Union Pacific were worth $3,059,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Norges Bank bought a new position in shares of Union Pacific during the 2nd quarter worth approximately $1,856,340,000. Laurel Wealth Advisors LLC increased its stake 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 valued at $603,876,000 after acquiring an additional 2,613,083 shares in the last quarter. Amundi increased its stake in shares of Union Pacific by 35.6% in the 2nd 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 in the last quarter. Arrowstreet Capital Limited Partnership lifted its position in shares of Union Pacific by 32.8% during the 2nd 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 period. Finally, First Trust Advisors LP lifted its position in shares of Union Pacific by 287.8% during the 2nd quarter. First Trust Advisors LP now owns 987,276 shares of the railroad operator’s stock valued at $227,153,000 after acquiring an additional 732,707 shares during the period. Institutional investors and hedge funds own 80.38% of the company’s stock.

Union Pacific Stock Performance

Shares of UNP stock opened at $250.16 on Wednesday. The company has a current ratio of 0.91, a quick ratio of 0.75 and a debt-to-equity ratio of 1.64. The firm has a fifty day simple moving average of $245.61 and a two-hundred day simple moving average of $233.41. Union Pacific Corporation has a 12 month low of $204.66 and a 12 month high of $268.14. The firm has a market capitalization of $148.44 billion, a PE ratio of 20.90, a price-to-earnings-growth ratio of 2.77 and a beta of 0.95.

Union Pacific (NYSE:UNP) last released its quarterly earnings data 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 business had revenue of $6.09 billion during the quarter, compared to the consensus estimate of $6.15 billion. Union Pacific had a net margin of 29.12% and a return on equity of 40.89%. The firm’s quarterly revenue was down .6% on a year-over-year basis. During the same period last year, the business posted $2.91 earnings per share. Analysts forecast that Union Pacific Corporation will post 11.99 EPS for the current fiscal year.

Union Pacific Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, March 31st. Investors of record on Friday, February 27th will be given a $1.38 dividend. The ex-dividend date of this dividend is Friday, February 27th. This represents a $5.52 annualized dividend and a yield of 2.2%. Union Pacific’s dividend payout ratio (DPR) is presently 46.12%.

Analysts Set New Price Targets

A number of equities research analysts have commented on the stock. Royal Bank Of Canada set a $280.00 price target on shares of Union Pacific in a report on Thursday, December 18th. Raymond James Financial reiterated a “strong-buy” rating on shares of Union Pacific in a report on Tuesday, January 27th. Weiss Ratings upgraded Union Pacific from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Friday, February 6th. Citigroup reaffirmed a “buy” rating and issued a $270.00 target price (up from $265.00) on shares of Union Pacific in a research report on Wednesday, January 28th. Finally, Barclays reaffirmed an “overweight” rating and set a $285.00 price target (up from $270.00) on shares of Union Pacific in a research note on Tuesday, December 16th. One investment analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating and nine have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $263.77.

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.