Marco Investment Management LLC grew its position in Union Pacific Corporation (NYSE:UNP – Free Report) by 4.0% in the 3rd quarter, according to its most recent filing with the SEC. The firm owned 60,436 shares of the railroad operator’s stock after buying an additional 2,320 shares during the period. Union Pacific accounts for approximately 1.1% of Marco Investment Management LLC’s investment portfolio, making the stock its 27th largest holding. Marco Investment Management LLC’s holdings in Union Pacific were worth $14,285,000 at the end of the most recent reporting period.
Other institutional investors and hedge funds also recently made changes to their positions in the company. Howard Hughes Medical Institute acquired a new position in Union Pacific during the 2nd quarter valued at about $30,000. Financial Gravity Companies Inc. bought a new stake in shares of Union Pacific during the second quarter worth approximately $31,000. Total Investment Management Inc. acquired a new position in Union Pacific in the second quarter valued at approximately $31,000. Access Investment Management LLC acquired a new position in Union Pacific in the second quarter valued at approximately $32,000. Finally, Sagard Holdings Management Inc. bought a new position in Union Pacific in the second quarter valued at approximately $33,000. Institutional investors own 80.38% of the company’s stock.
Wall Street Analyst Weigh In
A number of research analysts have recently weighed in on the company. Deutsche Bank Aktiengesellschaft set a $245.00 price target on Union Pacific in a research note on Thursday, December 11th. Citigroup reiterated a “buy” rating and issued a $270.00 price objective (up previously from $265.00) on shares of Union Pacific in a report on Wednesday, January 28th. Susquehanna restated a “buy” rating on shares of Union Pacific in a report on Monday, January 19th. Royal Bank Of Canada set a $280.00 price target on Union Pacific in a research note on Thursday, December 18th. Finally, Raymond James Financial reiterated a “strong-buy” rating on shares of Union Pacific in a research report on Tuesday, January 27th. One 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 MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $258.32.
Union Pacific Trading Down 0.0%
NYSE UNP opened at $235.01 on Tuesday. Union Pacific Corporation has a one year low of $204.66 and a one year high of $253.20. The company has a debt-to-equity ratio of 1.64, a current ratio of 0.91 and a quick ratio of 0.60. The firm has a market cap of $139.40 billion, a P/E ratio of 19.63, a P/E/G ratio of 2.56 and a beta of 0.98. The stock’s 50-day moving average is $232.42 and its 200-day moving average is $226.80.
Union Pacific (NYSE:UNP – Get Free Report) last announced its earnings results on Tuesday, January 27th. The railroad operator reported $2.86 EPS for the quarter, missing the consensus estimate of $2.92 by ($0.06). Union Pacific had a return on equity of 40.89% and a net margin of 29.12%.The company had revenue of $6.09 billion for the quarter, compared to analyst estimates of $6.15 billion. During the same quarter last year, the business posted $2.91 earnings per share. The business’s quarterly revenue was down .6% on a year-over-year basis. Sell-side analysts anticipate that Union Pacific Corporation will post 11.99 earnings per share for the current fiscal year.
Union Pacific Dividend Announcement
The business also recently disclosed a quarterly dividend, which was paid on Tuesday, December 30th. Investors of record on Friday, December 5th were given a $1.38 dividend. This represents a $5.52 annualized dividend and a yield of 2.3%. The ex-dividend date of this dividend was Friday, December 5th. Union Pacific’s payout ratio is currently 46.12%.
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.
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