Andra AP fonden lessened its stake in Union Pacific Corporation (NYSE:UNP – Free Report) by 12.0% in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 97,414 shares of the railroad operator’s stock after selling 13,300 shares during the quarter. Andra AP fonden’s holdings in Union Pacific were worth $23,026,000 at the end of the most recent quarter.
Several other hedge funds and other institutional investors have also recently made changes to their positions in the stock. Whalerock Point Partners LLC grew its position in Union Pacific by 2.4% during the third quarter. Whalerock Point Partners LLC now owns 22,075 shares of the railroad operator’s stock worth $5,218,000 after buying an additional 515 shares during the period. Banco Santander S.A. boosted its stake in shares of Union Pacific by 1,326.5% during the 3rd quarter. Banco Santander S.A. now owns 80,682 shares of the railroad operator’s stock worth $19,071,000 after acquiring an additional 75,026 shares in the last quarter. Lansing Street Advisors boosted its stake in shares of Union Pacific by 5.7% during the 3rd quarter. Lansing Street Advisors now owns 1,032 shares of the railroad operator’s stock worth $244,000 after acquiring an additional 56 shares in the last quarter. Diversify Wealth Management LLC grew its holdings in shares of Union Pacific by 5.0% in the 3rd quarter. Diversify Wealth Management LLC now owns 16,539 shares of the railroad operator’s stock worth $3,619,000 after acquiring an additional 782 shares during the period. Finally, Integrated Advisors Network LLC increased its stake in Union Pacific by 13.6% in the 3rd quarter. Integrated Advisors Network LLC now owns 7,804 shares of the railroad operator’s stock valued at $1,845,000 after purchasing an additional 934 shares in the last quarter. Institutional investors and hedge funds own 80.38% of the company’s stock.
Analyst Upgrades and Downgrades
A number of analysts have commented on UNP shares. Royal Bank Of Canada set a $280.00 target price on Union Pacific in a research report on Thursday, December 18th. Susquehanna reiterated a “buy” rating on shares of Union Pacific in a research report on Monday, January 19th. The Goldman Sachs Group restated a “neutral” rating and set a $267.00 target price on shares of Union Pacific in a report on Tuesday, January 27th. TD Cowen cut their target price 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. Finally, Weiss Ratings raised shares of Union Pacific from a “hold (c+)” rating to a “buy (b-)” rating in a report on Friday, February 6th. 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. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $260.14.
Union Pacific Trading Down 0.3%
Shares of Union Pacific stock opened at $264.62 on Friday. Union Pacific Corporation has a fifty-two week low of $204.66 and a fifty-two week high of $267.88. The business’s fifty day moving average is $242.08 and its two-hundred day moving average is $231.48. The company has a quick ratio of 0.75, a current ratio of 0.91 and a debt-to-equity ratio of 1.64. The firm has a market cap of $157.02 billion, a PE ratio of 22.11, a P/E/G ratio of 2.90 and a beta of 0.98.
Union Pacific (NYSE:UNP – Get Free Report) last announced 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). Union Pacific had a net margin of 29.12% and a return on equity of 40.89%. The business had revenue of $6.09 billion during the quarter, compared to analysts’ expectations of $6.15 billion. During the same period in the prior year, the firm earned $2.91 EPS. Union Pacific’s revenue for the quarter was down .6% on a year-over-year basis. Analysts anticipate that Union Pacific Corporation will post 11.99 earnings per share 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 paid a dividend of $1.38 per share. The ex-dividend date of this dividend is Friday, February 27th. This represents a $5.52 dividend on an annualized basis and a dividend yield of 2.1%. Union Pacific’s dividend payout ratio is currently 46.12%.
Union Pacific Company 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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