Canada Post Corp Registered Pension Plan Purchases 21,784 Shares of Union Pacific Corporation $UNP

Canada Post Corp Registered Pension Plan increased its position in Union Pacific Corporation (NYSE:UNP) by 220.0% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 31,685 shares of the railroad operator’s stock after buying an additional 21,784 shares during the quarter. Canada Post Corp Registered Pension Plan’s holdings in Union Pacific were worth $7,483,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also added to or reduced their stakes in the company. Norges Bank bought a new stake in shares of Union Pacific in the second quarter worth about $1,856,340,000. Fisher Asset Management LLC increased its stake in shares of Union Pacific by 0.7% during 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 lifted its stake in Union Pacific by 35.6% in 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 period. Arrowstreet Capital Limited Partnership boosted its holdings in 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 valued at $725,222,000 after acquiring an additional 778,411 shares in the last quarter. Finally, Laurel Wealth Advisors LLC boosted its holdings in 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 valued at $603,876,000 after acquiring an additional 2,613,083 shares in the last quarter. Hedge funds and other institutional investors own 80.38% of the company’s stock.

Union Pacific Stock Performance

Union Pacific stock opened at $252.92 on Friday. Union Pacific Corporation has a twelve month low of $204.66 and a twelve month high of $253.29. The company has a quick ratio of 0.60, a current ratio of 0.91 and a debt-to-equity ratio of 1.64. The company has a market capitalization of $150.02 billion, a P/E ratio of 21.13, a PEG ratio of 2.74 and a beta of 0.98. The stock’s 50 day moving average is $233.86 and its 200 day moving average is $227.44.

Union Pacific (NYSE:UNP) last released 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 during the quarter, compared to the consensus estimate of $6.15 billion. During the same period last year, the firm posted $2.91 earnings per share. The company’s revenue was down .6% compared to the same quarter last year. On average, equities research analysts predict that Union Pacific Corporation will post 11.99 earnings per share for the current fiscal year.

Union Pacific Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 31st. Shareholders of record on Friday, February 27th will be paid a dividend of $1.38 per share. This represents a $5.52 dividend on an annualized basis and a yield of 2.2%. The ex-dividend date is Friday, February 27th. Union Pacific’s dividend payout ratio (DPR) is currently 46.12%.

Wall Street Analysts Forecast Growth

UNP has been the subject of several research analyst reports. Raymond James Financial reaffirmed a “strong-buy” rating on shares of Union Pacific in a research report on Tuesday, January 27th. TD Cowen lowered their price objective on shares of Union Pacific from $257.00 to $255.00 and set a “buy” rating for the company in a report on Wednesday, January 28th. Weiss Ratings reiterated a “hold (c+)” rating on shares of Union Pacific in a report on Wednesday, January 21st. Barclays restated an “overweight” rating and issued a $285.00 target price (up previously from $270.00) on shares of Union Pacific in a research note on Tuesday, December 16th. Finally, The Goldman Sachs Group restated a “neutral” rating and set a $267.00 price target on shares of Union Pacific in a research report on Tuesday, January 27th. One equities research analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating and eleven have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average 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.