Townsend & Associates Inc acquired a new position in shares of Union Pacific Co. (NYSE:UNP) during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 10,521 shares of the railroad operator’s stock, valued at approximately $1,220,000.
A number of other institutional investors have also recently made changes to their positions in the business. Commerzbank Aktiengesellschaft FI raised its holdings in Union Pacific by 70.5% in the 4th quarter. Commerzbank Aktiengesellschaft FI now owns 45,952 shares of the railroad operator’s stock valued at $6,162,000 after buying an additional 19,005 shares during the last quarter. FTB Advisors Inc. raised its holdings in Union Pacific by 2.1% in the 4th quarter. FTB Advisors Inc. now owns 69,603 shares of the railroad operator’s stock valued at $9,438,000 after buying an additional 1,462 shares during the last quarter. Robeco Institutional Asset Management B.V. raised its holdings in Union Pacific by 586.6% in the 4th quarter. Robeco Institutional Asset Management B.V. now owns 987,104 shares of the railroad operator’s stock valued at $132,372,000 after buying an additional 843,327 shares during the last quarter. Lourd Capital LLC raised its holdings in Union Pacific by 30.5% in the 4th quarter. Lourd Capital LLC now owns 2,334 shares of the railroad operator’s stock valued at $313,000 after buying an additional 545 shares during the last quarter. Finally, Jennison Associates LLC raised its holdings in Union Pacific by 2.1% in the 4th quarter. Jennison Associates LLC now owns 1,022,596 shares of the railroad operator’s stock valued at $137,130,000 after buying an additional 20,919 shares during the last quarter. Hedge funds and other institutional investors own 78.41% of the company’s stock.
A number of research analysts recently issued reports on the stock. TD Securities dropped their price objective on shares of Union Pacific from $155.00 to $150.00 and set a “buy” rating for the company in a report on Friday, January 26th. Morgan Stanley raised their price objective on shares of Union Pacific from $100.00 to $104.00 and gave the company an “equal weight” rating in a report on Tuesday, October 31st. Goldman Sachs Group assumed coverage on shares of Union Pacific in a report on Monday, November 13th. They issued a “sell” rating and a $103.00 price objective for the company. Wolfe Research upgraded shares of Union Pacific from a “market perform” rating to an “outperform” rating in a report on Friday, January 5th. Finally, Daiwa Capital Markets upgraded shares of Union Pacific from a “hold” rating to an “outperform” rating in a report on Thursday, January 11th. Three analysts have rated the stock with a sell rating, thirteen have issued a hold rating and ten have issued a buy rating to the stock. The company has an average rating of “Hold” and a consensus price target of $130.40.
Shares of Union Pacific Co. (NYSE UNP) opened at $130.23 on Wednesday. The company has a market cap of $105,693.16, a P/E ratio of 23.15, a PEG ratio of 1.68 and a beta of 0.84. Union Pacific Co. has a 52-week low of $101.06 and a 52-week high of $143.05. The company has a current ratio of 1.02, a quick ratio of 0.83 and a debt-to-equity ratio of 0.65.
Union Pacific (NYSE:UNP) last announced its quarterly earnings data on Thursday, January 25th. The railroad operator reported $1.53 EPS for the quarter, missing the consensus estimate of $1.54 by ($0.01). The company had revenue of $5.45 billion for the quarter, compared to analyst estimates of $5.44 billion. Union Pacific had a return on equity of 22.26% and a net margin of 50.43%. The business’s quarterly revenue was up 5.5% compared to the same quarter last year. During the same period last year, the business earned $1.39 EPS. research analysts expect that Union Pacific Co. will post 7.51 earnings per share for the current year.
The business also recently disclosed a quarterly dividend, which will be paid on Friday, March 30th. Stockholders of record on Wednesday, February 28th will be given a dividend of $0.73 per share. This is an increase from Union Pacific’s previous quarterly dividend of $0.67. The ex-dividend date is Tuesday, February 27th. This represents a $2.92 annualized dividend and a dividend yield of 2.24%. Union Pacific’s dividend payout ratio (DPR) is 19.67%.
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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