Generali Asset Management SPA SGR Sells 11,698 Shares of Union Pacific Corporation $UNP

Generali Asset Management SPA SGR lessened its stake in shares of Union Pacific Corporation (NYSE:UNP) by 20.9% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 44,387 shares of the railroad operator’s stock after selling 11,698 shares during the quarter. Generali Asset Management SPA SGR’s holdings in Union Pacific were worth $10,492,000 at the end of the most recent reporting period.

Several other large investors also recently made changes to their positions in UNP. CBIZ Investment Advisory Services LLC boosted its holdings in Union Pacific by 1,400.0% in the first quarter. CBIZ Investment Advisory Services LLC now owns 120 shares of the railroad operator’s stock worth $28,000 after acquiring an additional 112 shares in the last quarter. Howard Hughes Medical Institute acquired a new position in shares of Union Pacific during the second quarter worth approximately $30,000. Financial Gravity Companies Inc. acquired a new position in shares of Union Pacific during the second quarter worth approximately $31,000. Total Investment Management Inc. bought a new position in shares of Union Pacific in the 2nd quarter worth $31,000. Finally, Access Investment Management LLC acquired a new stake in Union Pacific in the 2nd quarter valued at $32,000. 80.38% of the stock is currently owned by institutional investors and hedge funds.

Union Pacific Trading Down 0.7%

Shares of UNP stock opened at $231.33 on Friday. 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 $137.22 billion, a price-to-earnings ratio of 19.65, a PEG ratio of 2.69 and a beta of 0.99. Union Pacific Corporation has a 52-week low of $204.66 and a 52-week high of $256.84. The company has a 50-day simple moving average of $228.33 and a two-hundred day simple moving average of $226.91.

Union Pacific (NYSE:UNP) last announced its earnings results on Thursday, October 23rd. The railroad operator reported $3.08 earnings per share for the quarter, topping analysts’ consensus estimates of $2.99 by $0.09. The firm had revenue of $6.24 billion for the quarter, compared to the consensus estimate of $6.24 billion. Union Pacific had a return on equity of 42.23% and a net margin of 28.73%.The company’s revenue was up 2.5% compared to the same quarter last year. During the same quarter in the previous year, the business earned $2.75 EPS. Research analysts anticipate that Union Pacific Corporation will post 11.99 EPS for the current fiscal year.

Union Pacific Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, December 30th. Shareholders of record on Friday, December 5th were given a $1.38 dividend. The ex-dividend date of this dividend was Friday, December 5th. This represents a $5.52 annualized dividend and a yield of 2.4%. Union Pacific’s payout ratio is currently 46.90%.

Analyst Upgrades and Downgrades

UNP has been the topic of several research reports. Royal Bank Of Canada set a $280.00 price objective on shares of Union Pacific in a report on Thursday, December 18th. Loop Capital raised shares of Union Pacific from a “sell” rating to a “hold” rating and boosted their target price for the stock from $214.00 to $227.00 in a research report on Tuesday, September 16th. Susquehanna reaffirmed a “positive” rating and issued a $272.00 price target (up previously from $257.00) on shares of Union Pacific in a research report on Thursday, September 25th. BMO Capital Markets cut their price target on Union Pacific from $277.00 to $275.00 and set an “outperform” rating for the company in a research note on Friday, October 24th. Finally, JPMorgan Chase & Co. increased their price objective on Union Pacific from $265.00 to $267.00 and gave the stock a “neutral” rating in a research note on Friday, October 24th. One 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. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $260.33.

Union Pacific 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.