Bank Julius Baer & Co. Ltd Zurich Reduces Holdings in Union Pacific Corporation $UNP

Bank Julius Baer & Co. Ltd Zurich reduced its stake in Union Pacific Corporation (NYSE:UNP) by 7.5% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 439,056 shares of the railroad operator’s stock after selling 35,539 shares during the period. Union Pacific comprises 1.6% of Bank Julius Baer & Co. Ltd Zurich’s investment portfolio, making the stock its 15th largest position. Bank Julius Baer & Co. Ltd Zurich owned 0.07% of Union Pacific worth $101,018,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Pines Wealth Management LLC increased its stake in shares of Union Pacific by 1.7% in the second quarter. Pines Wealth Management LLC now owns 2,520 shares of the railroad operator’s stock worth $595,000 after buying an additional 43 shares during the period. Titleist Asset Management LLC boosted its position in Union Pacific by 1.1% during the 1st quarter. Titleist Asset Management LLC now owns 4,004 shares of the railroad operator’s stock valued at $946,000 after buying an additional 44 shares during the period. Five Oceans Advisors grew its holdings in Union Pacific by 3.9% in the 2nd quarter. Five Oceans Advisors now owns 1,183 shares of the railroad operator’s stock worth $272,000 after acquiring an additional 44 shares during the last quarter. St. Johns Investment Management Company LLC grew its holdings in Union Pacific by 1.6% in the 2nd quarter. St. Johns Investment Management Company LLC now owns 3,012 shares of the railroad operator’s stock worth $693,000 after acquiring an additional 46 shares during the last quarter. Finally, Schubert & Co increased its position in shares of Union Pacific by 1.9% in the second quarter. Schubert & Co now owns 2,511 shares of the railroad operator’s stock valued at $578,000 after acquiring an additional 47 shares during the period. Institutional investors own 80.38% of the company’s stock.

Analyst Ratings Changes

A number of analysts have recently weighed in on the stock. Wells Fargo & Company increased their target price on shares of Union Pacific from $250.00 to $260.00 and gave the stock an “overweight” rating in a report on Friday, July 25th. UBS Group set a $253.00 price target on Union Pacific and gave the company a “neutral” rating in a research report on Friday, October 3rd. Jefferies Financial Group upgraded Union Pacific from a “hold” rating to a “buy” rating and increased their price objective for the stock from $250.00 to $285.00 in a report on Friday, July 25th. Loop Capital upgraded Union Pacific from a “sell” rating to a “hold” rating and lifted their price objective for the stock from $214.00 to $227.00 in a research report on Tuesday, September 16th. Finally, Citigroup boosted their target price on Union Pacific from $263.00 to $265.00 and gave the company a “buy” rating in a research note on Friday, October 24th. One investment analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating and eleven have issued a Hold rating to the company’s stock. According to MarketBeat.com, Union Pacific currently has a consensus rating of “Moderate Buy” and an average target price of $261.63.

Union Pacific Stock Up 0.1%

UNP stock opened at $221.34 on Friday. Union Pacific Corporation has a fifty-two week low of $204.66 and a fifty-two week high of $256.84. The business’s 50 day moving average price is $224.59 and its two-hundred day moving average price is $224.74. The company has a debt-to-equity ratio of 1.75, a quick ratio of 0.60 and a current ratio of 0.75. The company has a market capitalization of $131.29 billion, a price-to-earnings ratio of 18.81, a price-to-earnings-growth ratio of 2.27 and a beta of 1.04.

Union Pacific (NYSE:UNP) last released its earnings results on Thursday, October 23rd. The railroad operator reported $3.08 EPS for the quarter, beating analysts’ consensus estimates of $2.99 by $0.09. Union Pacific had a return on equity of 42.23% and a net margin of 28.73%.The company had revenue of $6.24 billion during the quarter, compared to analysts’ expectations of $6.24 billion. During the same quarter last year, the business posted $2.75 EPS. The firm’s revenue for the quarter was up 2.5% compared to the same quarter last year. As a group, analysts forecast 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, December 30th. Shareholders of record on Friday, December 5th will be given a dividend of $1.38 per share. The ex-dividend date of this dividend is Friday, December 5th. This represents a $5.52 annualized dividend and a yield of 2.5%. Union Pacific’s dividend payout ratio (DPR) is currently 46.90%.

Union Pacific Profile

Union Pacific Corporation, through its subsidiary, Union Pacific Railroad Company, operates in the railroad business in the United States. The company offers transportation services for grain and grain products, fertilizers, food and refrigerated products, and coal and renewables to grain processors, animal feeders, ethanol producers, renewable biofuel producers, and other agricultural users; and construction products, industrial chemicals, plastics, forest products, specialized products, metals and ores, petroleum, liquid petroleum gases, soda ash, and sand, as well as finished automobiles, automotive parts, and merchandise in intermodal containers.