Union Pacific Corporation $UNP Shares Acquired by Korea Investment CORP

Korea Investment CORP grew its stake in shares of Union Pacific Corporation (NYSE:UNP) by 1.0% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 474,313 shares of the railroad operator’s stock after buying an additional 4,731 shares during the period. Korea Investment CORP’s holdings in Union Pacific were worth $112,113,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in the company. Grantham Mayo Van Otterloo & Co. LLC boosted its holdings in Union Pacific by 58.2% in the third quarter. Grantham Mayo Van Otterloo & Co. LLC now owns 12,942 shares of the railroad operator’s stock valued at $3,059,000 after acquiring an additional 4,760 shares during the last quarter. Munich Reinsurance Co Stock Corp in Munich acquired a new stake in Union Pacific during the third quarter worth about $2,394,000. Ameriflex Group Inc. raised its holdings in shares of Union Pacific by 100.4% in the 3rd quarter. Ameriflex Group Inc. now owns 22,235 shares of the railroad operator’s stock worth $5,256,000 after purchasing an additional 11,140 shares during the period. First Trust Advisors LP raised its holdings in shares of Union Pacific by 2.4% in the 3rd quarter. First Trust Advisors LP now owns 1,010,639 shares of the railroad operator’s stock worth $238,885,000 after purchasing an additional 23,363 shares during the period. Finally, Intellectus Partners LLC lifted its stake in shares of Union Pacific by 20.9% in the 3rd quarter. Intellectus Partners LLC now owns 6,798 shares of the railroad operator’s stock valued at $1,607,000 after purchasing an additional 1,176 shares in the last quarter. 80.38% of the stock is currently owned by institutional investors and hedge funds.

Union Pacific Price Performance

Shares of UNP stock opened at $253.98 on Friday. The firm has a fifty day moving average of $244.90 and a two-hundred day moving average of $233.00. The firm has a market cap of $150.71 billion, a P/E ratio of 21.22, a P/E/G ratio of 2.77 and a beta of 0.95. Union Pacific Corporation has a 1-year low of $204.66 and a 1-year high of $268.14. The company has a debt-to-equity ratio of 1.64, a current ratio of 0.91 and a quick ratio of 0.75.

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

Union Pacific Announces Dividend

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 issued a $1.38 dividend. This represents a $5.52 dividend on an annualized basis and a dividend yield of 2.2%. The ex-dividend date of this dividend is Friday, February 27th. Union Pacific’s dividend payout ratio (DPR) is 46.12%.

Analysts Set New Price Targets

A number of brokerages recently weighed in on UNP. Susquehanna reaffirmed a “buy” rating on shares of Union Pacific in a research report on Monday, January 19th. JPMorgan Chase & Co. cut their price objective on Union Pacific from $270.00 to $265.00 and set a “neutral” rating on the stock in a research report on Wednesday, January 28th. Barclays restated an “overweight” rating and set a $285.00 price objective (up from $270.00) on shares of Union Pacific in a research note on Tuesday, December 16th. BMO Capital Markets reaffirmed a “market perform” rating and issued a $295.00 target price on shares of Union Pacific in a research report on Thursday, February 19th. Finally, Raymond James Financial reiterated a “strong-buy” rating on shares of Union Pacific in a research note on Tuesday, January 27th. One analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating and nine have assigned a Hold rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus 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.