Union Pacific Corporation $UNP Shares Acquired by Duff & Phelps Investment Management Co.

Duff & Phelps Investment Management Co. lifted its position in shares of Union Pacific Corporation (NYSE:UNP) by 77.3% in the third quarter, Holdings Channel reports. The firm owned 153,928 shares of the railroad operator’s stock after purchasing an additional 67,118 shares during the period. Duff & Phelps Investment Management Co.’s holdings in Union Pacific were worth $36,384,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Caitlin John LLC purchased a new stake in Union Pacific during the third quarter worth approximately $27,000. Howard Hughes Medical Institute purchased a new position in shares of Union Pacific in the 2nd quarter valued at $30,000. Financial Gravity Companies Inc. purchased a new position in shares of Union Pacific in the 2nd quarter valued at $31,000. Total Investment Management Inc. acquired a new position in shares of Union Pacific during the 2nd quarter valued at $31,000. Finally, Sagard Holdings Management Inc. acquired a new position in shares of Union Pacific during the 2nd quarter valued at $33,000. Institutional investors and hedge funds own 80.38% of the company’s stock.

Analyst Ratings Changes

Several analysts recently issued reports on the company. JPMorgan Chase & Co. lowered their price target on Union Pacific from $270.00 to $265.00 and set a “neutral” rating for the company in a report on Wednesday, January 28th. Weiss Ratings upgraded Union Pacific from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Friday, February 6th. Royal Bank Of Canada set a $280.00 target price on Union Pacific in a research note on Thursday, December 18th. Barclays reiterated an “overweight” rating and set a $285.00 target price (up from $270.00) on shares of Union Pacific in a report on Tuesday, December 16th. Finally, Robert W. Baird set a $311.00 price target on Union Pacific and gave the stock an “outperform” rating in a report on Friday, March 6th. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating and nine have issued a Hold rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $263.77.

Union Pacific Stock Up 0.4%

Shares of NYSE UNP opened at $251.21 on Thursday. The company has a debt-to-equity ratio of 1.64, a quick ratio of 0.75 and a current ratio of 0.91. Union Pacific Corporation has a 1 year low of $204.66 and a 1 year high of $268.14. The stock’s 50-day simple moving average is $246.01 and its 200-day simple moving average is $233.53. The firm has a market cap of $149.06 billion, a price-to-earnings ratio of 20.99, a PEG ratio of 2.73 and a beta of 0.95.

Union Pacific (NYSE:UNP) last issued its quarterly earnings results on Tuesday, January 27th. The railroad operator reported $2.86 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 business 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% on a year-over-year basis. As a group, equities analysts anticipate that Union Pacific Corporation will post 11.99 earnings per share for the current fiscal year.

Union Pacific Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, March 31st. Stockholders of record on Friday, February 27th will be paid a dividend of $1.38 per share. This represents a $5.52 annualized dividend and a dividend yield of 2.2%. The ex-dividend date is Friday, February 27th. Union Pacific’s dividend payout ratio is 46.12%.

Union Pacific 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.