Amundi Pioneer Asset Management Inc. reduced its stake in shares of Union Pacific Co. (NYSE:UNP) by 84.5% during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 31,335 shares of the railroad operator’s stock after selling 171,265 shares during the period. Amundi Pioneer Asset Management Inc.’s holdings in Union Pacific were worth $3,634,000 as of its most recent SEC filing.
Other institutional investors also recently bought and sold shares of the company. Mitsubishi UFJ Securities Holdings Co. Ltd. lifted its stake in shares of Union Pacific by 46.6% in the 2nd quarter. Mitsubishi UFJ Securities Holdings Co. Ltd. now owns 1,070 shares of the railroad operator’s stock valued at $117,000 after purchasing an additional 340 shares during the last quarter. Acrospire Investment Management LLC lifted its stake in shares of Union Pacific by 33.3% in the 2nd quarter. Acrospire Investment Management LLC now owns 1,200 shares of the railroad operator’s stock valued at $131,000 after purchasing an additional 300 shares during the last quarter. Community Bank N.A. lifted its stake in shares of Union Pacific by 3.0% in the 2nd quarter. Community Bank N.A. now owns 1,537 shares of the railroad operator’s stock valued at $168,000 after purchasing an additional 45 shares during the last quarter. Jacobi Capital Management LLC lifted its stake in shares of Union Pacific by 6.6% in the 2nd quarter. Jacobi Capital Management LLC now owns 1,705 shares of the railroad operator’s stock valued at $185,000 after purchasing an additional 105 shares during the last quarter. Finally, Yorkville Capital Management LLC acquired a new stake in shares of Union Pacific in the 2nd quarter valued at $202,000. Institutional investors and hedge funds own 78.47% of the company’s stock.
Several equities research analysts recently issued reports on UNP shares. BMO Capital Markets reaffirmed a “buy” rating on shares of Union Pacific in a research note on Friday, October 20th. Zacks Investment Research raised shares of Union Pacific from a “hold” rating to a “buy” rating and set a $130.00 price objective for the company in a research note on Wednesday, November 1st. Argus boosted their target price on shares of Union Pacific from $125.00 to $130.00 and gave the stock a “buy” rating in a research report on Tuesday, October 31st. Barclays reissued a “buy” rating and set a $150.00 target price on shares of Union Pacific in a research report on Wednesday, December 13th. Finally, UBS Group raised shares of Union Pacific from a “neutral” rating to a “buy” rating in a research report on Friday, January 5th. Three research analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and eight have given a buy rating to the company’s stock. Union Pacific presently has a consensus rating of “Hold” and a consensus price target of $125.16.
Union Pacific Co. (UNP) opened at $141.25 on Friday. The company has a market cap of $111,190.00, a PE ratio of 25.00, a PEG ratio of 1.89 and a beta of 0.90. The company has a current ratio of 1.16, a quick ratio of 0.97 and a debt-to-equity ratio of 0.83. Union Pacific Co. has a 52-week low of $101.06 and a 52-week high of $142.19.
Union Pacific (NYSE:UNP) last announced its quarterly earnings data on Thursday, October 26th. The railroad operator reported $1.50 EPS for the quarter, beating the Zacks’ consensus estimate of $1.49 by $0.01. The business had revenue of $5.41 billion during the quarter, compared to analyst estimates of $5.32 billion. Union Pacific had a net margin of 21.84% and a return on equity of 23.35%. The firm’s revenue for the quarter was up 4.5% on a year-over-year basis. During the same quarter in the prior year, the business earned $1.36 earnings per share. sell-side analysts forecast that Union Pacific Co. will post 5.79 EPS for the current fiscal year.
The firm also recently announced a quarterly dividend, which was paid on Thursday, December 28th. Investors of record on Thursday, November 30th were paid a $0.665 dividend. The ex-dividend date was Wednesday, November 29th. This represents a $2.66 dividend on an annualized basis and a yield of 1.88%. This is a boost from Union Pacific’s previous quarterly dividend of $0.61. Union Pacific’s payout ratio is presently 47.08%.
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About Union Pacific
Union Pacific Corporation is a railroad operating company in the United States. The Company operates through its principal operating company, Union Pacific Railroad Company (UPRR). Its business mix includes Agricultural Products, Automotive, Chemicals, Coal, Industrial Products and Intermodal. Its freight traffic consists of bulk, manifest, and premium business.
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