ASR Vermogensbeheer N.V. Buys 2,432 Shares of Union Pacific Corporation $UNP

ASR Vermogensbeheer N.V. grew its stake in Union Pacific Corporation (NYSE:UNP) by 4.8% during the second quarter, HoldingsChannel reports. The firm owned 53,624 shares of the railroad operator’s stock after buying an additional 2,432 shares during the quarter. ASR Vermogensbeheer N.V.’s holdings in Union Pacific were worth $12,337,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. Highline Wealth Partners LLC increased its holdings in Union Pacific by 103.5% in the 1st quarter. Highline Wealth Partners LLC now owns 116 shares of the railroad operator’s stock worth $27,000 after purchasing an additional 59 shares in the last quarter. CBIZ Investment Advisory Services LLC boosted its stake in shares of Union Pacific by 1,400.0% during the first quarter. CBIZ Investment Advisory Services LLC now owns 120 shares of the railroad operator’s stock valued at $28,000 after purchasing an additional 112 shares in the last quarter. Financial Gravity Asset Management Inc. bought a new stake in shares of Union Pacific during the first quarter worth about $32,000. WPG Advisers LLC bought a new stake in shares of Union Pacific during the first quarter worth about $33,000. Finally, Cornerstone Planning Group LLC increased its stake in shares of Union Pacific by 50.5% in the first quarter. Cornerstone Planning Group LLC now owns 167 shares of the railroad operator’s stock valued at $37,000 after buying an additional 56 shares during the period. 80.38% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several equities research analysts recently commented on the stock. Baird R W upgraded shares of Union Pacific to a “hold” rating in a research report on Tuesday, July 1st. BMO Capital Markets lifted their price target on shares of Union Pacific from $270.00 to $277.00 and gave the stock an “outperform” rating in a report on Friday, July 25th. Sanford C. Bernstein increased their price objective on Union Pacific from $271.00 to $286.00 and gave the company an “outperform” rating in a report on Monday, July 21st. Jefferies Financial Group raised Union Pacific from a “hold” rating to a “buy” rating and raised their target price for the stock from $250.00 to $285.00 in a research report on Friday, July 25th. Finally, Morgan Stanley reduced their price target on Union Pacific from $220.00 to $215.00 and set an “equal weight” rating on the stock in a research report on Monday, July 7th. One analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and ten have issued a Hold rating to the stock. Based on data from MarketBeat, Union Pacific currently has an average rating of “Moderate Buy” and a consensus target price of $260.00.

Union Pacific Price Performance

UNP stock opened at $234.77 on Thursday. The company has a quick ratio of 0.53, a current ratio of 0.65 and a debt-to-equity ratio of 1.86. The firm has a market cap of $139.23 billion, a price-to-earnings ratio of 20.40, a PEG ratio of 2.46 and a beta of 1.07. The company’s fifty day simple moving average is $223.15 and its 200 day simple moving average is $224.61. Union Pacific Corporation has a 12-month low of $204.66 and a 12-month high of $256.84.

Union Pacific (NYSE:UNP) last posted its quarterly earnings data on Thursday, July 24th. The railroad operator reported $3.03 earnings per share for the quarter, topping the consensus estimate of $2.84 by $0.19. The firm had revenue of $6.15 billion during the quarter, compared to analyst estimates of $6.09 billion. Union Pacific had a return on equity of 41.73% and a net margin of 28.43%.The business’s quarterly revenue was up 2.4% on a year-over-year basis. During the same period last year, the company posted $2.74 EPS. On average, analysts expect that Union Pacific Corporation will post 11.99 earnings per share for the current year.

Union Pacific Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, September 30th. Shareholders of record on Friday, August 29th were issued a $1.38 dividend. The ex-dividend date was Friday, August 29th. This is an increase from Union Pacific’s previous quarterly dividend of $1.34. This represents a $5.52 dividend on an annualized basis and a yield of 2.4%. Union Pacific’s dividend payout ratio is presently 47.96%.

Union Pacific Profile

Union Pacific Corporation, through its subsidiary, Union Pacific Railroad Company, operates in the railroad business in the United States. The company offers transportation services for grain and grain products, fertilizers, food and refrigerated products, and coal and renewables to grain processors, animal feeders, ethanol producers, renewable biofuel producers, and other agricultural users; and construction products, industrial chemicals, plastics, forest products, specialized products, metals and ores, petroleum, liquid petroleum gases, soda ash, and sand, as well as finished automobiles, automotive parts, and merchandise in intermodal containers.