Union Pacific Corporation $UNP Shares Acquired by Impax Asset Management Group plc

Impax Asset Management Group plc lifted its stake in shares of Union Pacific Corporation (NYSE:UNP) by 26.7% during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 768,272 shares of the railroad operator’s stock after acquiring an additional 162,113 shares during the period. Impax Asset Management Group plc owned 0.13% of Union Pacific worth $181,597,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also modified their holdings of the business. Krilogy Financial LLC purchased a new position in shares of Union Pacific during the 3rd quarter worth approximately $1,196,000. Sanchez Wealth Management Group boosted its position in shares of Union Pacific by 5.1% during the 3rd quarter. Sanchez Wealth Management Group now owns 1,028 shares of the railroad operator’s stock worth $243,000 after acquiring an additional 50 shares in the last quarter. Stratos Wealth Partners LTD. lifted its position in shares of Union Pacific by 19.8% during the 3rd quarter. Stratos Wealth Partners LTD. now owns 18,197 shares of the railroad operator’s stock worth $4,301,000 after buying an additional 3,012 shares during the last quarter. Baader Bank Aktiengesellschaft grew its holdings in shares of Union Pacific by 15.7% during the third quarter. Baader Bank Aktiengesellschaft now owns 1,270 shares of the railroad operator’s stock worth $278,000 after purchasing an additional 172 shares during the last quarter. Finally, Providence Capital Advisors LLC lifted its stake in Union Pacific by 5.8% in the third quarter. Providence Capital Advisors LLC now owns 29,048 shares of the railroad operator’s stock valued at $6,866,000 after buying an additional 1,600 shares during the last quarter. 80.38% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

UNP has been the topic of a number of analyst reports. Barclays reiterated an “overweight” rating and issued a $285.00 price objective (up from $270.00) on shares of Union Pacific in a research report on Tuesday, December 16th. Weiss Ratings raised shares of Union Pacific from a “hold (c+)” rating to a “buy (b-)” rating in a report on Friday. Citigroup reiterated a “buy” rating and issued a $270.00 price objective (up from $265.00) on shares of Union Pacific in a research report on Wednesday, January 28th. The Goldman Sachs Group reissued a “neutral” rating and issued a $267.00 price objective on shares of Union Pacific in a research note on Tuesday, January 27th. Finally, Deutsche Bank Aktiengesellschaft set a $245.00 target price on shares of Union Pacific in a research report on Thursday, December 11th. One 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 has an average rating of “Moderate Buy” and a consensus price target of $258.32.

Union Pacific Price Performance

Shares of UNP opened at $261.47 on Wednesday. The stock has a 50 day moving average of $234.90 and a 200-day moving average of $227.90. The company has a current ratio of 0.91, a quick ratio of 0.60 and a debt-to-equity ratio of 1.64. Union Pacific Corporation has a 52 week low of $204.66 and a 52 week high of $261.55. The firm has a market cap of $155.15 billion, a price-to-earnings ratio of 21.84, a PEG ratio of 2.77 and a beta of 0.98.

Union Pacific (NYSE:UNP) last announced its quarterly 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). The firm had revenue of $6.09 billion during the quarter, compared to analyst estimates 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 previous year, the business posted $2.91 EPS. As a group, analysts forecast that Union Pacific Corporation will post 11.99 EPS for the current year.

Union Pacific Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, March 31st. Stockholders of record on Friday, February 27th will be paid a $1.38 dividend. 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 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.