Vinva Investment Management Ltd Has $6.55 Million Stake in Union Pacific Co. (NYSE:UNP)

Vinva Investment Management Ltd lifted its holdings in Union Pacific Co. (NYSE:UNP) by 24.1% in the 3rd quarter, HoldingsChannel.com reports. The fund owned 26,826 shares of the railroad operator’s stock after buying an additional 5,217 shares during the period. Vinva Investment Management Ltd’s holdings in Union Pacific were worth $6,551,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Strategic Investment Solutions Inc. IL bought a new position in Union Pacific during the second quarter worth $28,000. Cultivar Capital Inc. bought a new position in shares of Union Pacific during the 2nd quarter worth about $27,000. Catalyst Capital Advisors LLC acquired a new stake in shares of Union Pacific in the 3rd quarter valued at about $30,000. Jamison Private Wealth Management Inc. raised its stake in Union Pacific by 265.7% during the 3rd quarter. Jamison Private Wealth Management Inc. now owns 128 shares of the railroad operator’s stock worth $32,000 after buying an additional 93 shares during the period. Finally, Fairscale Capital LLC bought a new position in Union Pacific in the second quarter worth approximately $31,000. 80.38% of the stock is owned by institutional investors and hedge funds.

Union Pacific Stock Performance

Shares of UNP opened at $245.23 on Thursday. The company has a current ratio of 0.77, a quick ratio of 0.63 and a debt-to-equity ratio of 1.79. The stock has a 50-day moving average price of $240.19 and a 200-day moving average price of $238.51. The company has a market cap of $148.67 billion, a PE ratio of 22.52, a price-to-earnings-growth ratio of 2.47 and a beta of 1.06. Union Pacific Co. has a 12-month low of $218.55 and a 12-month high of $258.66.

Union Pacific (NYSE:UNP) last posted its quarterly earnings data on Thursday, October 24th. The railroad operator reported $2.75 earnings per share for the quarter, missing the consensus estimate of $2.78 by ($0.03). Union Pacific had a net margin of 27.33% and a return on equity of 41.79%. The company had revenue of $6.09 billion for the quarter, compared to analysts’ expectations of $6.14 billion. During the same quarter last year, the business posted $2.51 EPS. The business’s quarterly revenue was up 2.5% compared to the same quarter last year. As a group, equities analysts forecast that Union Pacific Co. will post 10.94 earnings per share for the current fiscal year.

Union Pacific Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, December 30th. Shareholders of record on Monday, December 9th will be paid a $1.34 dividend. This represents a $5.36 annualized dividend and a yield of 2.19%. Union Pacific’s dividend payout ratio is presently 49.22%.

Analyst Ratings Changes

A number of equities analysts have recently weighed in on UNP shares. Robert W. Baird lowered their target price on Union Pacific from $270.00 to $260.00 and set an “outperform” rating on the stock in a research report on Friday, October 25th. Barclays upped their target price on Union Pacific from $275.00 to $285.00 and gave the company an “overweight” rating in a report on Wednesday, November 13th. Evercore ISI downgraded Union Pacific from an “outperform” rating to an “inline” rating and reduced their price objective for the company from $254.00 to $247.00 in a research note on Wednesday, September 25th. Raymond James lifted their target price on Union Pacific from $265.00 to $275.00 and gave the stock a “strong-buy” rating in a research note on Monday, October 14th. Finally, Sanford C. Bernstein reduced their price target on shares of Union Pacific from $277.00 to $272.00 and set an “outperform” rating for the company in a research report on Wednesday, October 9th. Nine equities research analysts have rated the stock with a hold rating, eleven have issued a buy rating and one has given a strong buy rating to the stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $259.80.

About Union Pacific

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.