Union Pacific Corporation $UNP Stock Holdings Raised by Midwest Trust Co

Midwest Trust Co grew its stake in Union Pacific Corporation (NYSE:UNP) by 2.8% during the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 281,036 shares of the railroad operator’s stock after purchasing an additional 7,759 shares during the quarter. Union Pacific makes up approximately 0.9% of Midwest Trust Co’s holdings, making the stock its 28th biggest holding. Midwest Trust Co’s holdings in Union Pacific were worth $66,428,000 at the end of the most recent reporting period.

A number of other hedge funds have also bought and sold shares of the company. Norges Bank bought a new stake in shares of Union Pacific in the 2nd quarter valued at approximately $1,856,340,000. Fisher Asset Management LLC lifted its stake in 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 worth $1,472,217,000 after purchasing an additional 46,436 shares during the last quarter. Amundi boosted its holdings 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 purchasing an additional 1,255,231 shares during the period. Arrowstreet Capital Limited Partnership increased its stake in Union Pacific by 32.8% during 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 purchasing an additional 778,411 shares during the last quarter. Finally, Laurel Wealth Advisors LLC raised its holdings in shares of Union Pacific by 22,618.2% during the second quarter. Laurel Wealth Advisors LLC now owns 2,624,636 shares of the railroad operator’s stock worth $603,876,000 after purchasing an additional 2,613,083 shares during the period. 80.38% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

UNP has been the subject of several research reports. Royal Bank Of Canada set a $280.00 price target on shares of Union Pacific in a report on Thursday, December 18th. Deutsche Bank Aktiengesellschaft set a $245.00 target price on Union Pacific in a report on Thursday, December 11th. Raymond James Financial reissued a “strong-buy” rating on shares of Union Pacific in a report on Tuesday, January 27th. The Goldman Sachs Group restated a “neutral” rating and set a $267.00 price objective on shares of Union Pacific in a research report on Tuesday, January 27th. Finally, JPMorgan Chase & Co. dropped their target price on Union Pacific from $270.00 to $265.00 and set a “neutral” rating on the stock in a research report on Wednesday, January 28th. One equities research analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and ten have given a Hold rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $258.32.

Union Pacific Trading Up 0.7%

Shares of UNP stock opened at $254.46 on Tuesday. Union Pacific Corporation has a 1 year low of $204.66 and a 1 year high of $254.94. The firm has a market capitalization of $150.94 billion, a PE ratio of 21.26, a price-to-earnings-growth ratio of 2.75 and a beta of 0.98. The stock has a fifty day moving average of $234.32 and a two-hundred day moving average of $227.64. The company has a debt-to-equity ratio of 1.64, a quick ratio of 0.60 and a current ratio of 0.91.

Union Pacific (NYSE:UNP) last issued its quarterly earnings data 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). The company had revenue of $6.09 billion for the quarter, compared to the consensus estimate of $6.15 billion. Union Pacific had a net margin of 29.12% and a return on equity of 40.89%. Union Pacific’s revenue for the quarter was down .6% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $2.91 earnings per share. As a group, research analysts expect that Union Pacific Corporation will post 11.99 EPS for the current year.

Union Pacific Dividend Announcement

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