Capital World Investors Buys 6,908,016 Shares of Union Pacific Corporation $UNP

Capital World Investors grew its stake in shares of Union Pacific Corporation (NYSE:UNP) by 193.3% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 10,481,043 shares of the railroad operator’s stock after acquiring an additional 6,908,016 shares during the quarter. Capital World Investors’ holdings in Union Pacific were worth $2,477,404,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also bought and sold shares of the company. Caitlin John LLC bought a new position in shares of Union Pacific in the third quarter worth approximately $27,000. Howard Hughes Medical Institute purchased a new position in Union Pacific in the 2nd quarter worth approximately $30,000. Total Investment Management Inc. purchased a new position in Union Pacific in the 2nd quarter worth approximately $31,000. Financial Gravity Companies Inc. purchased a new position in Union Pacific in the 2nd quarter worth about $31,000. Finally, Sagard Holdings Management Inc. bought a new position in Union Pacific during the 2nd quarter valued at about $33,000. 80.38% of the stock is currently owned by institutional investors.

Union Pacific Trading Down 0.4%

Shares of UNP stock opened at $253.20 on Tuesday. The company has a debt-to-equity ratio of 1.64, a current ratio of 0.91 and a quick ratio of 0.75. The company has a market cap of $150.25 billion, a price-to-earnings ratio of 21.15, a PEG ratio of 2.77 and a beta of 0.95. Union Pacific Corporation has a 1 year low of $204.66 and a 1 year high of $268.14. The firm has a fifty day moving average price of $245.27 and a 200-day moving average price of $233.25.

Union Pacific (NYSE:UNP) last released its earnings results on Tuesday, January 27th. The railroad operator reported $2.86 earnings per share for the quarter, missing the consensus estimate of $2.92 by ($0.06). Union Pacific had a net margin of 29.12% and a return on equity of 40.89%. The company had revenue of $6.09 billion for the quarter, compared to analysts’ expectations of $6.15 billion. During the same quarter last year, the firm posted $2.91 earnings per share. Union Pacific’s revenue for the quarter was down .6% on a year-over-year basis. As a group, equities analysts predict 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 given a dividend of $1.38 per share. This represents a $5.52 dividend on an annualized basis and a dividend yield of 2.2%. The ex-dividend date of this dividend is Friday, February 27th. Union Pacific’s payout ratio is presently 46.12%.

Analyst Upgrades and Downgrades

UNP has been the subject of several research reports. Robert W. Baird set a $311.00 price objective on shares of Union Pacific and gave the company an “outperform” rating in a research report on Friday. JPMorgan Chase & Co. decreased their target price on shares of Union Pacific from $270.00 to $265.00 and set a “neutral” rating for the company in a research note on Wednesday, January 28th. TD Cowen lowered their price target on Union Pacific from $257.00 to $255.00 and set a “buy” rating on the stock in a report on Wednesday, January 28th. Raymond James Financial restated a “strong-buy” rating on shares of Union Pacific in a research note on Tuesday, January 27th. Finally, Susquehanna reiterated a “buy” rating on shares of Union Pacific in a research report on Monday, January 19th. One investment analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and nine have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $263.77.

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.