AEGON ASSET MANAGEMENT UK Plc Has $7.83 Million Position in Union Pacific Corporation $UNP

AEGON ASSET MANAGEMENT UK Plc trimmed its position in Union Pacific Corporation (NYSE:UNP) by 39.6% in the third quarter, according to its most recent filing with the SEC. The fund owned 33,150 shares of the railroad operator’s stock after selling 21,757 shares during the period. AEGON ASSET MANAGEMENT UK Plc’s holdings in Union Pacific were worth $7,834,000 as of its most recent filing with the SEC.

Several other hedge funds also recently modified their holdings of UNP. Norges Bank acquired a new stake in Union Pacific in the second quarter valued at $1,856,340,000. Fisher Asset Management LLC increased its stake in shares of Union Pacific by 0.7% in the second quarter. Fisher Asset Management LLC now owns 6,398,715 shares of the railroad operator’s stock valued at $1,472,217,000 after buying an additional 46,436 shares during the period. Amundi raised its position in shares of Union Pacific by 35.6% during the second quarter. Amundi now owns 4,782,577 shares of the railroad operator’s stock worth $1,134,236,000 after acquiring an additional 1,255,231 shares during the last quarter. Arrowstreet Capital Limited Partnership lifted its stake in shares of Union Pacific by 32.8% in the second quarter. Arrowstreet Capital Limited Partnership now owns 3,152,042 shares of the railroad operator’s stock worth $725,222,000 after acquiring an additional 778,411 shares during the period. Finally, Laurel Wealth Advisors LLC lifted its stake in shares of Union Pacific by 22,618.2% in the second quarter. Laurel Wealth Advisors LLC now owns 2,624,636 shares of the railroad operator’s stock worth $603,876,000 after acquiring an additional 2,613,083 shares during the period. Institutional investors and hedge funds own 80.38% of the company’s stock.

Union Pacific Stock Performance

Shares of UNP stock opened at $231.12 on Tuesday. The company has a current ratio of 0.75, a quick ratio of 0.60 and a debt-to-equity ratio of 1.75. The firm has a fifty day simple moving average of $231.42 and a two-hundred day simple moving average of $226.76. Union Pacific Corporation has a 12 month low of $204.66 and a 12 month high of $256.84. The firm has a market capitalization of $137.09 billion, a PE ratio of 19.64, a price-to-earnings-growth ratio of 2.65 and a beta of 0.99.

Union Pacific Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, December 30th. Stockholders of record on Friday, December 5th were issued a $1.38 dividend. 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 dividend payout ratio is currently 46.90%.

Wall Street Analyst Weigh In

A number of analysts have weighed in on the stock. TD Cowen reissued a “buy” rating on shares of Union Pacific in a research report on Friday, October 24th. Deutsche Bank Aktiengesellschaft set a $245.00 target price on shares of Union Pacific in a research note on Thursday, December 11th. Citigroup set a $264.00 price target on shares of Union Pacific and gave the company a “buy” rating in a research report on Thursday, January 8th. The Goldman Sachs Group set a $263.00 price objective on Union Pacific and gave the stock a “neutral” rating in a research report on Thursday, October 23rd. Finally, BMO Capital Markets set a $255.00 price objective on Union Pacific in a research note on Wednesday, January 7th. One investment analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating and eleven have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $258.18.

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.