Union Pacific Corporation $UNP Shares Purchased by Mirabella Financial Services LLP

Mirabella Financial Services LLP boosted its holdings in shares of Union Pacific Corporation (NYSE:UNP) by 165.1% during the 3rd quarter, according to its most recent 13F filing with the SEC. The fund owned 10,281 shares of the railroad operator’s stock after purchasing an additional 6,403 shares during the period. Mirabella Financial Services LLP’s holdings in Union Pacific were worth $2,425,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also made changes to their positions in the company. Union Bancaire Privee UBP SA lifted its holdings in shares of Union Pacific by 9.8% during the third quarter. Union Bancaire Privee UBP SA now owns 52,849 shares of the railroad operator’s stock worth $12,492,000 after purchasing an additional 4,707 shares during the period. Midwest Trust Co grew its position in Union Pacific by 2.8% in the 3rd quarter. Midwest Trust Co now owns 281,036 shares of the railroad operator’s stock valued at $66,428,000 after buying an additional 7,759 shares during the last quarter. CX Institutional increased its stake in Union Pacific by 39.8% in the 3rd quarter. CX Institutional now owns 65,826 shares of the railroad operator’s stock valued at $15,559,000 after buying an additional 18,742 shares during the period. Thrivent Financial for Lutherans increased its stake in Union Pacific by 15.1% in the 3rd quarter. Thrivent Financial for Lutherans now owns 135,188 shares of the railroad operator’s stock valued at $31,955,000 after buying an additional 17,696 shares during the period. Finally, AustralianSuper Pty Ltd purchased a new position in Union Pacific during the 3rd quarter worth $802,000. 80.38% of the stock is owned by hedge funds and other institutional investors.

Union Pacific Stock Down 2.4%

UNP stock opened at $236.44 on Thursday. The company has a market cap of $140.30 billion, a P/E ratio of 19.75, a P/E/G ratio of 2.64 and a beta of 0.95. Union Pacific Corporation has a 52 week low of $204.66 and a 52 week high of $268.14. The company’s 50-day moving average price is $247.08 and its 200 day moving average price is $234.19. The company has a current ratio of 0.91, a quick ratio of 0.75 and a debt-to-equity ratio of 1.64.

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

Union Pacific Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 31st. Investors of record on Friday, February 27th will be paid a $1.38 dividend. This represents a $5.52 annualized dividend and a yield of 2.3%. The ex-dividend date of this dividend is Friday, February 27th. Union Pacific’s dividend payout ratio (DPR) is presently 46.12%.

Analyst Upgrades and Downgrades

Several analysts have recently weighed in on the stock. Citigroup reaffirmed a “buy” rating and issued a $270.00 target price (up from $265.00) on shares of Union Pacific in a report on Wednesday, January 28th. JPMorgan Chase & Co. cut their price target 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. Barclays restated an “overweight” rating and issued a $285.00 price objective (up from $270.00) on shares of Union Pacific in a research report on Tuesday, December 16th. Robert W. Baird set a $311.00 price objective on Union Pacific and gave the company an “outperform” rating in a report on Friday, March 6th. Finally, The Goldman Sachs Group reiterated a “neutral” rating and set a $267.00 target price on shares of Union Pacific in a research report on Tuesday, January 27th. 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 stock presently has an average rating of “Moderate Buy” and an average price target 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.