Union Pacific Corporation $UNP Shares Purchased by Jain Global LLC

Jain Global LLC increased its stake in Union Pacific Corporation (NYSE:UNP) by 32.3% in the 3rd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 175,066 shares of the railroad operator’s stock after acquiring an additional 42,753 shares during the quarter. Union Pacific makes up about 0.2% of Jain Global LLC’s portfolio, making the stock its 29th biggest holding. Jain Global LLC’s holdings in Union Pacific were worth $41,380,000 as of its most recent filing with the SEC.

A number of other large investors also recently added to or reduced their stakes in the stock. Union Bancaire Privee UBP SA boosted its stake in shares of Union Pacific by 9.8% in the third quarter. Union Bancaire Privee UBP SA now owns 52,849 shares of the railroad operator’s stock worth $12,492,000 after acquiring an additional 4,707 shares during the last quarter. Midwest Trust Co raised its stake in Union Pacific by 2.8% in the 3rd quarter. Midwest Trust Co now owns 281,036 shares of the railroad operator’s stock valued at $66,428,000 after purchasing an additional 7,759 shares during the last quarter. CX Institutional raised its stake in Union Pacific by 39.8% in the 3rd quarter. CX Institutional now owns 65,826 shares of the railroad operator’s stock valued at $15,559,000 after purchasing an additional 18,742 shares during the last quarter. Thrivent Financial for Lutherans lifted its holdings in Union Pacific by 15.1% in the 3rd quarter. Thrivent Financial for Lutherans now owns 135,188 shares of the railroad operator’s stock valued at $31,955,000 after purchasing an additional 17,696 shares in the last quarter. Finally, Bessemer Group Inc. lifted its holdings in Union Pacific by 29.6% in the 3rd quarter. Bessemer Group Inc. now owns 653,589 shares of the railroad operator’s stock valued at $154,488,000 after purchasing an additional 149,158 shares in the last quarter. 80.38% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of research firms have recently issued reports on UNP. Weiss Ratings raised shares of Union Pacific from a “hold (c+)” rating to a “buy (b-)” rating in a report on Friday, February 6th. Barclays reissued an “overweight” rating and issued a $285.00 price target (up from $270.00) on shares of Union Pacific in a research note on Tuesday, December 16th. Royal Bank Of Canada set a $280.00 price objective on shares of Union Pacific in a research note on Thursday, December 18th. Raymond James Financial reiterated a “strong-buy” rating on shares of Union Pacific in a report on Tuesday, January 27th. Finally, Robert W. Baird set a $311.00 target price on shares of Union Pacific and gave the stock an “outperform” rating in a research note on Friday, March 6th. One analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating and nine have given a Hold rating to the company. Based on data from MarketBeat.com, Union Pacific has a consensus rating of “Moderate Buy” and a consensus target price of $263.77.

Union Pacific Stock Down 0.8%

NYSE UNP opened at $242.22 on Monday. Union Pacific Corporation has a 52 week low of $204.66 and a 52 week high of $268.14. The company has a quick ratio of 0.75, a current ratio of 0.91 and a debt-to-equity ratio of 1.64. The business’s fifty day simple moving average is $246.47 and its 200-day simple moving average is $233.90. The firm has a market cap of $143.73 billion, a PE ratio of 20.24, a P/E/G ratio of 2.65 and a beta of 0.95.

Union Pacific (NYSE:UNP) last announced its quarterly earnings data on Tuesday, January 27th. The railroad operator reported $2.86 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.92 by ($0.06). Union Pacific had a net margin of 29.12% and a return on equity of 40.89%. The firm had revenue of $6.09 billion during the quarter, compared to analysts’ expectations of $6.15 billion. During the same period in the prior year, the company posted $2.91 EPS. The company’s revenue for the quarter was down .6% compared to the same quarter last year. As a group, equities analysts anticipate that Union Pacific Corporation will post 11.99 earnings per share for the current year.

Union Pacific Announces Dividend

The company 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 annualized dividend and a dividend yield of 2.3%. 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.