Aberdeen Group plc Buys 43,000 Shares of Union Pacific Corporation $UNP

Aberdeen Group plc grew its stake in shares of Union Pacific Corporation (NYSE:UNP) by 5.7% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 796,347 shares of the railroad operator’s stock after buying an additional 43,000 shares during the period. Aberdeen Group plc owned 0.13% of Union Pacific worth $183,494,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Croban raised its position in shares of Union Pacific by 2.0% during the second quarter. Croban now owns 4,515 shares of the railroad operator’s stock valued at $1,039,000 after buying an additional 89 shares during the last quarter. Acima Private Wealth LLC raised its position in shares of Union Pacific by 629.9% during the second quarter. Acima Private Wealth LLC now owns 3,708 shares of the railroad operator’s stock valued at $853,000 after buying an additional 3,200 shares during the last quarter. PDS Planning Inc raised its position in shares of Union Pacific by 37.0% during the second quarter. PDS Planning Inc now owns 5,897 shares of the railroad operator’s stock valued at $1,357,000 after buying an additional 1,594 shares during the last quarter. Blue Trust Inc. raised its position in shares of Union Pacific by 7.9% during the second quarter. Blue Trust Inc. now owns 11,151 shares of the railroad operator’s stock valued at $2,566,000 after buying an additional 814 shares during the last quarter. Finally, Robertson Stephens Wealth Management LLC increased its position in Union Pacific by 31.1% in the second quarter. Robertson Stephens Wealth Management LLC now owns 10,634 shares of the railroad operator’s stock worth $2,447,000 after purchasing an additional 2,524 shares during the last quarter. Institutional investors own 80.38% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities research analysts recently weighed in on the stock. Barclays cut shares of Union Pacific from an “overweight” rating to an “equal weight” rating in a research report on Wednesday, July 30th. Weiss Ratings restated a “hold (c+)” rating on shares of Union Pacific in a research report on Wednesday. BMO Capital Markets boosted their price target on shares of Union Pacific from $270.00 to $277.00 and gave the stock an “outperform” rating in a research report on Friday, July 25th. JPMorgan Chase & Co. reduced their price target on shares of Union Pacific from $267.00 to $265.00 and set a “neutral” rating on the stock in a research report on Wednesday. Finally, Royal Bank Of Canada boosted their price target on shares of Union Pacific from $257.00 to $276.00 and gave the stock an “outperform” rating in a research report on Wednesday, July 30th. One analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and eleven have assigned a Hold rating to the company. Based on data from MarketBeat.com, Union Pacific currently has a consensus rating of “Moderate Buy” and an average target price of $261.08.

Union Pacific Trading Down 2.6%

UNP stock opened at $225.54 on Friday. The company has a quick ratio of 0.53, a current ratio of 0.65 and a debt-to-equity ratio of 1.86. Union Pacific Corporation has a twelve month low of $204.66 and a twelve month high of $256.84. The stock has a market capitalization of $133.77 billion, a price-to-earnings ratio of 19.60, a price-to-earnings-growth ratio of 2.41 and a beta of 1.07. The firm’s fifty day simple moving average is $224.45 and its two-hundred day simple moving average is $224.47.

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, beating analysts’ consensus estimates of $2.84 by $0.19. Union Pacific had a net margin of 28.43% and a return on equity of 41.73%. The business had revenue of $6.15 billion for the quarter, compared to analysts’ expectations of $6.09 billion. During the same quarter in the previous year, the business posted $2.74 earnings per share. The business’s revenue was up 2.4% compared to the same quarter last year. As a group, analysts anticipate that Union Pacific Corporation will post 11.99 earnings per share for the current year.

Union Pacific Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, September 30th. Stockholders of record on Friday, August 29th were paid a dividend of $1.38 per share. 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 dividend yield of 2.4%. The ex-dividend date of this dividend was Friday, August 29th. Union Pacific’s payout ratio is presently 47.96%.

Union Pacific Company 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.