Union Pacific Corporation $UNP Shares Acquired by CX Institutional

CX Institutional boosted its position in Union Pacific Corporation (NYSE:UNP) by 39.8% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 65,826 shares of the railroad operator’s stock after purchasing an additional 18,742 shares during the period. CX Institutional’s holdings in Union Pacific were worth $15,559,000 as of its most recent SEC filing.

A number of other institutional investors also recently bought and sold shares of the company. State of Wyoming boosted its position in shares of Union Pacific by 51.8% in the 1st quarter. State of Wyoming now owns 390 shares of the railroad operator’s stock worth $92,000 after buying an additional 133 shares in the last quarter. Jacobs Levy Equity Management Inc. acquired a new position in Union Pacific during the first quarter worth about $5,403,000. Dynamic Technology Lab Private Ltd purchased a new stake in shares of Union Pacific in the first quarter valued at about $920,000. Fred Alger Management LLC grew its position in shares of Union Pacific by 3.6% in the first quarter. Fred Alger Management LLC now owns 26,219 shares of the railroad operator’s stock valued at $6,194,000 after purchasing an additional 906 shares during the last quarter. Finally, Caxton Associates LLP acquired a new stake in shares of Union Pacific in the first quarter valued at approximately $551,000. 80.38% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of equities research analysts recently issued reports on the company. BMO Capital Markets set a $255.00 target price on Union Pacific in a research note on Wednesday. Susquehanna restated a “positive” rating and issued a $272.00 price objective (up from $257.00) on shares of Union Pacific in a research report on Thursday, September 25th. Barclays reaffirmed an “overweight” rating and set a $285.00 price objective (up previously from $270.00) on shares of Union Pacific in a research note on Tuesday, December 16th. Deutsche Bank Aktiengesellschaft set a $245.00 target price on shares of Union Pacific in a research note on Thursday, December 11th. Finally, JPMorgan Chase & Co. raised their price target on shares of 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, fifteen have issued a Buy rating and twelve have assigned a Hold rating to the company. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $259.50.

Union Pacific Stock Performance

NYSE UNP opened at $233.67 on Wednesday. The business’s 50-day moving average price is $229.22 and its 200 day moving average price is $227.20. 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 twelve month low of $204.66 and a twelve month high of $256.84. The company has a market capitalization of $138.60 billion, a PE ratio of 19.85, a price-to-earnings-growth ratio of 2.51 and a beta of 0.99.

Union Pacific (NYSE:UNP) last posted its quarterly earnings data 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 net margin of 28.73% and a return on equity of 42.23%. The company had revenue of $6.24 billion during the quarter, compared to the consensus estimate of $6.24 billion. During the same quarter in the prior year, the company posted $2.75 EPS. The company’s quarterly revenue was up 2.5% compared to the same quarter last year. On average, research analysts predict that Union Pacific Corporation will post 11.99 earnings per share for the current year.

Union Pacific Announces Dividend

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

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.