Axa S.A. Has $48.64 Million Position in Union Pacific Corporation $UNP

Axa S.A. reduced its holdings in shares of Union Pacific Corporation (NYSE:UNP) by 53.2% during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 211,387 shares of the railroad operator’s stock after selling 239,950 shares during the period. Axa S.A.’s holdings in Union Pacific were worth $48,636,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. Envestnet Portfolio Solutions Inc. increased its stake in shares of Union Pacific by 10.6% in the 2nd quarter. Envestnet Portfolio Solutions Inc. now owns 93,337 shares of the railroad operator’s stock valued at $21,475,000 after acquiring an additional 8,925 shares during the last quarter. Commerzbank Aktiengesellschaft FI increased its stake in Union Pacific by 26.4% in the second quarter. Commerzbank Aktiengesellschaft FI now owns 23,875 shares of the railroad operator’s stock valued at $5,494,000 after purchasing an additional 4,980 shares in the last quarter. LGT Group Foundation raised its holdings in Union Pacific by 9.7% in the first quarter. LGT Group Foundation now owns 5,398 shares of the railroad operator’s stock worth $1,275,000 after purchasing an additional 477 shares during the period. SCS Capital Management LLC boosted its position in shares of Union Pacific by 165.2% during the second quarter. SCS Capital Management LLC now owns 34,808 shares of the railroad operator’s stock worth $8,009,000 after purchasing an additional 21,685 shares in the last quarter. Finally, Markel Group Inc. boosted its position in shares of Union Pacific by 13.4% during the second quarter. Markel Group Inc. now owns 97,278 shares of the railroad operator’s stock worth $22,382,000 after purchasing an additional 11,500 shares in the last quarter. Institutional investors and hedge funds own 80.38% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts recently commented on the stock. UBS Group set a $253.00 price objective on shares of Union Pacific and gave the company a “neutral” rating in a research report on Friday, October 3rd. BMO Capital Markets lowered their price target on Union Pacific from $277.00 to $275.00 and set an “outperform” rating for the company in a report on Friday, October 24th. Cowen reiterated a “buy” rating on shares of Union Pacific in a report on Friday, October 24th. TD Cowen decreased their price objective on Union Pacific from $258.00 to $257.00 and set a “buy” rating for the company in a research report on Friday, October 24th. Finally, JPMorgan Chase & Co. raised their target price on shares of Union Pacific from $265.00 to $267.00 and gave the stock a “neutral” rating in a report on Friday, October 24th. One analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating and eleven have given a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $261.63.

Union Pacific Stock Down 1.5%

Shares of UNP stock opened at $231.86 on Wednesday. The firm’s fifty day moving average price is $226.29 and its two-hundred day moving average price is $225.52. The company has a current ratio of 0.75, a quick ratio of 0.60 and a debt-to-equity ratio of 1.75. Union Pacific Corporation has a 1 year low of $204.66 and a 1 year high of $256.84. The firm has a market capitalization of $137.53 billion, a P/E ratio of 19.70, a PEG ratio of 2.61 and a beta of 0.99.

Union Pacific (NYSE:UNP) last announced its quarterly earnings data on Thursday, October 23rd. The railroad operator reported $3.08 earnings per share for the quarter, beating the consensus estimate of $2.99 by $0.09. The company had revenue of $6.24 billion during the quarter, compared to analysts’ expectations of $6.24 billion. Union Pacific had a return on equity of 42.23% and a net margin of 28.73%.Union Pacific’s revenue for the quarter was up 2.5% compared to the same quarter last year. During the same quarter last year, the company earned $2.75 EPS. On average, equities analysts predict that Union Pacific Corporation will post 11.99 EPS for the current fiscal year.

Union Pacific Announces Dividend

The business also recently declared 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 dividend yield of 2.4%. Union Pacific’s payout ratio is 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.