QS Investors LLC grew its holdings in Union Pacific Co. (NYSE:UNP) by 1.1% in the second quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 113,532 shares of the railroad operator’s stock after buying an additional 1,205 shares during the period. QS Investors LLC’s holdings in Union Pacific were worth $12,365,000 as of its most recent filing with the Securities & Exchange Commission.
Several other large investors have also modified their holdings of UNP. Assetmark Inc. grew its stake in shares of Union Pacific by 2.9% in the 1st quarter. Assetmark Inc. now owns 4,001 shares of the railroad operator’s stock worth $424,000 after buying an additional 113 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. boosted its stake in shares of Union Pacific by 12.1% during the 1st quarter. Mirae Asset Global Investments Co. Ltd. now owns 10,493 shares of the railroad operator’s stock worth $1,111,000 after purchasing an additional 1,130 shares during the period. Rational Advisors LLC purchased a new position in shares of Union Pacific during the 1st quarter worth about $773,000. Nicholas Hoffman & Company LLC. purchased a new position in shares of Union Pacific during the 1st quarter worth about $221,000. Finally, Airain ltd purchased a new position in shares of Union Pacific during the 1st quarter worth about $5,958,000. 78.63% of the stock is owned by institutional investors and hedge funds.
UNP has been the subject of a number of recent analyst reports. Zacks Investment Research cut shares of Union Pacific from a “buy” rating to a “hold” rating in a research note on Thursday, November 2nd. Royal Bank Of Canada reaffirmed a “hold” rating and set a $124.00 price target on shares of Union Pacific in a research note on Thursday, November 9th. BMO Capital Markets lifted their price target on shares of Union Pacific from $123.00 to $127.00 and gave the stock an “outperform” rating in a research note on Friday, October 27th. Aegis cut shares of Union Pacific from a “buy” rating to a “hold” rating and lifted their price target for the stock from $120.00 to $122.00 in a research note on Tuesday, October 10th. Finally, Morgan Stanley lifted their price target on shares of Union Pacific from $100.00 to $104.00 and gave the stock an “equal weight” rating in a research note on Tuesday, October 31st. Three equities research analysts have rated the stock with a sell rating, sixteen have issued a hold rating and four have given a buy rating to the company. Union Pacific presently has a consensus rating of “Hold” and an average target price of $118.53.
Shares of Union Pacific Co. (NYSE UNP) traded down $0.06 on Thursday, reaching $127.95. 3,817,800 shares of the company were exchanged, compared to its average volume of 3,579,691. Union Pacific Co. has a one year low of $101.06 and a one year high of $132.00. The company has a market cap of $100,765.47, a price-to-earnings ratio of 22.62, a price-to-earnings-growth ratio of 2.08 and a beta of 0.90. The company has a quick ratio of 0.97, a current ratio of 1.16 and a debt-to-equity ratio of 0.83.
Union Pacific (NYSE:UNP) last announced its quarterly earnings data on Thursday, October 26th. The railroad operator reported $1.50 earnings per share for the quarter, beating analysts’ consensus estimates of $1.49 by $0.01. Union Pacific had a net margin of 21.84% and a return on equity of 23.35%. The company had revenue of $5.41 billion during the quarter, compared to analyst estimates of $5.32 billion. During the same quarter last year, the business posted $1.36 EPS. The firm’s revenue for the quarter was up 4.5% on a year-over-year basis. equities analysts predict that Union Pacific Co. will post 5.78 EPS for the current year.
The business also recently disclosed a quarterly dividend, which will be paid on Thursday, December 28th. Investors of record on Thursday, November 30th will be issued a dividend of $0.665 per share. This is a positive change from Union Pacific’s previous quarterly dividend of $0.61. The ex-dividend date is Wednesday, November 29th. This represents a $2.66 dividend on an annualized basis and a yield of 2.08%. Union Pacific’s dividend payout ratio (DPR) is presently 47.00%.
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Union Pacific Company Profile
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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