National Pension Service boosted its stake in shares of Union Pacific Corporation (NYSE:UNP – Free Report) by 2.5% in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 1,300,711 shares of the railroad operator’s stock after purchasing an additional 32,195 shares during the quarter. National Pension Service owned about 0.22% of Union Pacific worth $307,449,000 at the end of the most recent quarter.
A number of other institutional investors also recently modified their holdings of the company. Howard Hughes Medical Institute acquired a new position in shares of Union Pacific during the 2nd quarter worth about $30,000. Total Investment Management Inc. bought a new position in Union Pacific in the 2nd quarter worth approximately $31,000. Financial Gravity Companies Inc. bought a new position in Union Pacific in the 2nd quarter worth approximately $31,000. Access Investment Management LLC acquired a new position in shares of Union Pacific during the second quarter worth approximately $32,000. Finally, Sagard Holdings Management Inc. bought a new stake in shares of Union Pacific in the second quarter valued at approximately $33,000. Institutional investors own 80.38% of the company’s stock.
Union Pacific Price Performance
Shares of Union Pacific stock opened at $235.14 on Friday. Union Pacific Corporation has a twelve month low of $204.66 and a twelve month high of $253.20. The company has a debt-to-equity ratio of 1.64, a quick ratio of 0.60 and a current ratio of 0.91. The firm has a market cap of $139.48 billion, a P/E ratio of 19.64, a price-to-earnings-growth ratio of 2.57 and a beta of 0.99. The firm’s 50-day simple moving average is $232.21 and its 200-day simple moving average is $226.81.
Union Pacific Announces Dividend
The business also recently declared a quarterly dividend, which was paid on Tuesday, December 30th. Shareholders of record on Friday, December 5th were given a $1.38 dividend. This represents a $5.52 dividend on an annualized basis and a yield of 2.3%. The ex-dividend date was Friday, December 5th. Union Pacific’s dividend payout ratio is 46.12%.
Wall Street Analysts Forecast Growth
UNP has been the topic of a number of research reports. Deutsche Bank Aktiengesellschaft set a $245.00 target price on shares of Union Pacific in a research report on Thursday, December 11th. 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 report on Tuesday, December 16th. BMO Capital Markets set a $255.00 target price on shares of Union Pacific in a research note on Wednesday, January 7th. Weiss Ratings restated a “hold (c+)” rating on shares of Union Pacific in a research note on Wednesday, January 21st. Finally, Raymond James Financial reiterated a “strong-buy” rating on shares of Union Pacific in a research report on Tuesday. One analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating and eleven have given a Hold rating to the stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $258.32.
Read Our Latest Stock Report on UNP
Union Pacific Company 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.
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