Jones Financial Companies Lllp Has $47.16 Million Position in Union Pacific Corporation $UNP

Jones Financial Companies Lllp grew its stake in Union Pacific Corporation (NYSE:UNP) by 15.4% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 200,428 shares of the railroad operator’s stock after acquiring an additional 26,762 shares during the quarter. Jones Financial Companies Lllp’s holdings in Union Pacific were worth $47,159,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also bought and sold shares of the company. Essex Bank grew its holdings in Union Pacific by 5.6% during the third quarter. Essex Bank now owns 7,740 shares of the railroad operator’s stock valued at $1,829,000 after purchasing an additional 409 shares during the period. Mediolanum International Funds Ltd boosted its position in shares of Union Pacific by 8.6% during the third quarter. Mediolanum International Funds Ltd now owns 36,029 shares of the railroad operator’s stock worth $8,509,000 after purchasing an additional 2,854 shares in the last quarter. Midwest Professional Planners LTD. boosted its position in shares of Union Pacific by 0.4% during the third quarter. Midwest Professional Planners LTD. now owns 14,061 shares of the railroad operator’s stock worth $3,324,000 after purchasing an additional 53 shares in the last quarter. Meridian Wealth Management LLC grew its holdings in shares of Union Pacific by 2.8% in the 3rd quarter. Meridian Wealth Management LLC now owns 37,444 shares of the railroad operator’s stock valued at $8,851,000 after buying an additional 1,032 shares during the period. Finally, Northcape Wealth Management LLC bought a new stake in shares of Union Pacific in the 3rd quarter valued at $2,792,000. Institutional investors own 80.38% of the company’s stock.

Union Pacific Stock Performance

Shares of UNP stock opened at $235.01 on Tuesday. Union Pacific Corporation has a 12 month low of $204.66 and a 12 month high of $253.20. The company’s fifty day simple moving average is $232.42 and its 200-day simple moving average is $226.80. The firm has a market cap of $139.40 billion, a PE ratio of 19.63, a P/E/G ratio of 2.56 and a beta of 0.98. The company has a quick ratio of 0.60, a current ratio of 0.91 and a debt-to-equity ratio of 1.64.

Union Pacific (NYSE:UNP) last released its earnings results on Tuesday, January 27th. The railroad operator reported $2.86 earnings per share for the quarter, missing analysts’ consensus estimates of $2.92 by ($0.06). Union Pacific had a net margin of 29.12% and a return on equity of 40.89%. The business had revenue of $6.09 billion during the quarter, compared to the consensus estimate of $6.15 billion. During the same period last year, the business posted $2.91 EPS. The firm’s revenue for the quarter was down .6% on a year-over-year basis. Equities research analysts expect that Union Pacific Corporation will post 11.99 EPS for the current fiscal year.

Union Pacific Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, December 30th. Investors 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 dividend on an annualized basis and a dividend yield of 2.3%. Union Pacific’s payout ratio is currently 46.12%.

Wall Street Analyst Weigh In

A number of research firms have issued reports on UNP. Deutsche Bank Aktiengesellschaft set a $245.00 target price on Union Pacific in a research note on Thursday, December 11th. The Goldman Sachs Group reiterated a “neutral” rating and issued a $267.00 price objective on shares of Union Pacific in a research report on Tuesday, January 27th. Raymond James Financial reissued a “strong-buy” rating on shares of Union Pacific in a research note on Tuesday, January 27th. Barclays reaffirmed an “overweight” rating and issued a $285.00 price target (up previously from $270.00) on shares of Union Pacific in a research note on Tuesday, December 16th. Finally, Royal Bank Of Canada set a $280.00 price objective on shares of Union Pacific in a research report on Thursday, December 18th. One equities research 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 stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $258.32.

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.