BI Asset Management Fondsmaeglerselskab A S Boosts Holdings in Union Pacific Corporation $UNP

BI Asset Management Fondsmaeglerselskab A S grew its holdings in Union Pacific Corporation (NYSE:UNP) by 27.6% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 161,036 shares of the railroad operator’s stock after acquiring an additional 34,881 shares during the period. BI Asset Management Fondsmaeglerselskab A S’s holdings in Union Pacific were worth $38,064,000 as of its most recent SEC filing.

A number of other hedge funds have also recently modified their holdings of the business. Acadian Asset Management LLC lifted its holdings in Union Pacific by 40.4% during the first quarter. Acadian Asset Management LLC now owns 2,312 shares of the railroad operator’s stock valued at $546,000 after purchasing an additional 665 shares in the last quarter. Wealthcare Advisory Partners LLC raised its position in shares of Union Pacific by 40.8% during the 2nd quarter. Wealthcare Advisory Partners LLC now owns 5,007 shares of the railroad operator’s stock valued at $1,152,000 after purchasing an additional 1,452 shares during the period. SteelPeak Wealth LLC lifted its stake in shares of Union Pacific by 5.8% during the 2nd quarter. SteelPeak Wealth LLC now owns 2,287 shares of the railroad operator’s stock valued at $526,000 after buying an additional 125 shares in the last quarter. Venturi Wealth Management LLC boosted its holdings in Union Pacific by 4.1% in the 2nd quarter. Venturi Wealth Management LLC now owns 3,729 shares of the railroad operator’s stock worth $858,000 after buying an additional 147 shares during the period. Finally, Sax Wealth Advisors LLC increased its stake in Union Pacific by 22.0% in the 2nd quarter. Sax Wealth Advisors LLC now owns 1,651 shares of the railroad operator’s stock worth $380,000 after buying an additional 298 shares in the last quarter. Institutional investors own 80.38% of the company’s stock.

Union Pacific Trading Up 3.4%

Shares of NYSE:UNP opened at $249.78 on Thursday. The business’s 50 day moving average price is $233.05 and its 200-day moving average price is $227.08. Union Pacific Corporation has a 1 year low of $204.66 and a 1 year high of $253.20. The firm has a market capitalization of $148.16 billion, a price-to-earnings ratio of 20.87, a price-to-earnings-growth ratio of 2.63 and a beta of 0.98. The company has a debt-to-equity ratio of 1.64, a current ratio of 0.91 and a quick ratio of 0.60.

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

Union Pacific Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, December 30th. Investors of record on Friday, December 5th were issued a $1.38 dividend. This represents a $5.52 annualized dividend and a yield of 2.2%. The ex-dividend date was Friday, December 5th. Union Pacific’s payout ratio is presently 46.12%.

Analyst Upgrades and Downgrades

A number of equities research analysts have issued reports on UNP shares. The Goldman Sachs Group reaffirmed a “neutral” rating and set a $267.00 price objective on shares of Union Pacific in a report on Tuesday, January 27th. Barclays restated an “overweight” rating and set a $285.00 price objective (up previously from $270.00) on shares of Union Pacific in a report on Tuesday, December 16th. JPMorgan Chase & Co. decreased their price objective on Union Pacific from $270.00 to $265.00 and set a “neutral” rating for the company in a report on Wednesday, January 28th. Susquehanna reissued a “buy” rating on shares of Union Pacific in a research report on Monday, January 19th. Finally, TD Cowen decreased their price objective on shares of Union Pacific from $257.00 to $255.00 and set a “buy” rating for the company in a research report on Wednesday, January 28th. One research analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and eleven have assigned a Hold rating to the company. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $258.32.

About Union Pacific

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.