Mirabella Financial Services LLP Increases Stock Holdings in Union Pacific Corporation $UNP

Mirabella Financial Services LLP lifted its position in shares of Union Pacific Corporation (NYSE:UNP) by 165.1% in the 3rd quarter, HoldingsChannel reports. The institutional investor owned 10,281 shares of the railroad operator’s stock after acquiring an additional 6,403 shares during the period. Mirabella Financial Services LLP’s holdings in Union Pacific were worth $2,425,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also made changes to their positions in UNP. Norges Bank purchased a new position in Union Pacific during the 2nd quarter valued at about $1,856,340,000. Capital World Investors raised its position in Union Pacific by 193.3% during the third quarter. Capital World Investors now owns 10,481,043 shares of the railroad operator’s stock worth $2,477,404,000 after acquiring an additional 6,908,016 shares during the last quarter. Capital Research Global Investors lifted its holdings in shares of Union Pacific by 95.0% in the third quarter. Capital Research Global Investors now owns 8,713,196 shares of the railroad operator’s stock valued at $2,059,538,000 after purchasing an additional 4,244,226 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its holdings in shares of Union Pacific by 72.7% in the third quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 9,177,002 shares of the railroad operator’s stock valued at $2,169,168,000 after purchasing an additional 3,861,636 shares in the last quarter. Finally, Laurel Wealth Advisors LLC grew its position in shares of Union Pacific by 22,618.2% in the second quarter. Laurel Wealth Advisors LLC now owns 2,624,636 shares of the railroad operator’s stock valued at $603,876,000 after purchasing an additional 2,613,083 shares during the last quarter. 80.38% of the stock is currently owned by hedge funds and other institutional investors.

Union Pacific Stock Performance

NYSE:UNP opened at $236.44 on Thursday. The company has a debt-to-equity ratio of 1.64, a current ratio of 0.91 and a quick ratio of 0.75. The firm has a market cap of $140.30 billion, a PE ratio of 19.75, a P/E/G ratio of 2.64 and a beta of 0.95. The firm has a 50 day simple moving average of $247.08 and a 200-day simple moving average of $234.19. Union Pacific Corporation has a 1-year low of $204.66 and a 1-year high of $268.14.

Union Pacific (NYSE:UNP) last announced its earnings results 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). The firm had revenue of $6.09 billion for the quarter, compared to analyst estimates of $6.15 billion. Union Pacific had a return on equity of 40.89% and a net margin of 29.12%.The firm’s revenue was down .6% compared to the same quarter last year. During the same quarter last year, the business posted $2.91 EPS. On average, equities analysts expect that Union Pacific Corporation will post 11.99 EPS for the current year.

Union Pacific Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 31st. Stockholders of record on Friday, February 27th will be issued a dividend of $1.38 per share. The ex-dividend date is Friday, February 27th. This represents a $5.52 annualized dividend and a dividend yield of 2.3%. Union Pacific’s dividend payout ratio (DPR) is 46.12%.

Wall Street Analyst Weigh In

A number of research analysts have recently weighed in on the stock. Citigroup reissued a “buy” rating and set a $270.00 price objective (up from $265.00) on shares of Union Pacific in a research note on Wednesday, January 28th. The Goldman Sachs Group reiterated a “neutral” rating and set a $267.00 target price on shares of Union Pacific in a report on Tuesday, January 27th. BMO Capital Markets reissued a “market perform” rating and set a $295.00 price target on shares of Union Pacific in a research report on Thursday, February 19th. Weiss Ratings raised Union Pacific from a “hold (c+)” rating to a “buy (b-)” rating in a report on Friday, February 6th. Finally, Raymond James Financial restated a “strong-buy” rating on shares of Union Pacific in a research report on Tuesday, January 27th. One research analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and nine have given a Hold rating to the stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $263.77.

About Union Pacific

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.