Union Pacific Corporation $UNP Shares Purchased by DNB Asset Management AS

DNB Asset Management AS raised its stake in shares of Union Pacific Corporation (NYSE:UNP) by 3.7% during the third quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 185,087 shares of the railroad operator’s stock after buying an additional 6,626 shares during the quarter. DNB Asset Management AS’s holdings in Union Pacific were worth $43,749,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. Norges Bank purchased a new stake in shares of Union Pacific in the second quarter valued at $1,856,340,000. Fisher Asset Management LLC raised its stake in Union Pacific by 0.7% in the 2nd quarter. Fisher Asset Management LLC now owns 6,398,715 shares of the railroad operator’s stock valued at $1,472,217,000 after purchasing an additional 46,436 shares during the last quarter. Amundi lifted its holdings in Union Pacific by 35.6% in the 2nd quarter. Amundi now owns 4,782,577 shares of the railroad operator’s stock valued at $1,134,236,000 after purchasing an additional 1,255,231 shares in the last quarter. Arrowstreet Capital Limited Partnership boosted its stake in shares of Union Pacific by 32.8% during the 2nd quarter. Arrowstreet Capital Limited Partnership now owns 3,152,042 shares of the railroad operator’s stock worth $725,222,000 after purchasing an additional 778,411 shares during the last quarter. Finally, Laurel Wealth Advisors LLC grew 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 buying 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 Price Performance

Shares of Union Pacific stock opened at $265.25 on Friday. The business’s fifty day moving average price is $241.47 and its 200 day moving average price is $231.17. Union Pacific Corporation has a twelve month low of $204.66 and a twelve month high of $267.88. The company has a current ratio of 0.91, a quick ratio of 0.75 and a debt-to-equity ratio of 1.64. The stock has a market capitalization of $157.40 billion, a P/E ratio of 22.16, a PEG ratio of 2.88 and a beta of 0.98.

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

Union Pacific Dividend Announcement

The firm 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 annualized dividend and a yield of 2.1%. The ex-dividend date is Friday, February 27th. Union Pacific’s payout ratio is currently 46.12%.

Analyst Ratings Changes

Several brokerages recently issued reports on UNP. Weiss Ratings raised shares of Union Pacific from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Friday, February 6th. JPMorgan Chase & Co. reduced their price target on Union Pacific from $270.00 to $265.00 and set a “neutral” rating on the stock in a research note on Wednesday, January 28th. Susquehanna reaffirmed a “buy” rating on shares of Union Pacific in a research report on Monday, January 19th. Citigroup reiterated a “buy” rating and issued a $270.00 target price (up from $265.00) on shares of Union Pacific in a research note on Wednesday, January 28th. Finally, Barclays reissued an “overweight” rating and issued a $285.00 price target (up from $270.00) on shares of Union Pacific in a research note on Tuesday, December 16th. One research analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and ten have issued a Hold rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $260.14.

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.