DekaBank Deutsche Girozentrale boosted its holdings in shares of Union Pacific Co. (NYSE:UNP) by 1.9% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 362,285 shares of the railroad operator’s stock after buying an additional 6,641 shares during the period. DekaBank Deutsche Girozentrale’s holdings in Union Pacific were worth $38,638,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other large investors have also bought and sold shares of the stock. Clarity Capital KCPS Ltd. bought a new stake in shares of Union Pacific during the 1st quarter worth about $227,000. Driehaus Capital Management LLC bought a new stake in Union Pacific during the 1st quarter valued at approximately $234,000. OLD Mutual Customised Solutions Proprietary Ltd. boosted its stake in Union Pacific by 10.2% during the 1st quarter. OLD Mutual Customised Solutions Proprietary Ltd. now owns 28,990 shares of the railroad operator’s stock valued at $3,071,000 after purchasing an additional 2,690 shares during the period. Summit Global Investments bought a new stake in Union Pacific during the 1st quarter valued at approximately $499,000. Finally, Farmers National Bank boosted its stake in Union Pacific by 2.9% during the 1st quarter. Farmers National Bank now owns 10,128 shares of the railroad operator’s stock valued at $988,000 after purchasing an additional 283 shares during the period. 78.47% of the stock is currently owned by hedge funds and other institutional investors.
UNP has been the subject of several recent research reports. Zacks Investment Research raised Union Pacific from a “hold” rating to a “buy” rating and set a $157.00 price target for the company in a report on Monday. Scotiabank set a $150.00 price target on Union Pacific and gave the company a “hold” rating in a report on Thursday, January 11th. Daiwa Capital Markets raised Union Pacific from a “hold” rating to an “outperform” rating in a report on Thursday, January 11th. BMO Capital Markets reissued a “buy” rating and issued a $150.00 target price on shares of Union Pacific in a report on Monday, January 8th. Finally, UBS Group raised Union Pacific from a “neutral” rating to a “buy” rating in a report on Friday, January 5th. Three analysts have rated the stock with a sell rating, fourteen have given a hold rating and eight have assigned a buy rating to the stock. The company presently has an average rating of “Hold” and a consensus price target of $124.00.
Union Pacific (NYSE:UNP) last released its earnings results on Thursday, October 26th. The railroad operator reported $1.50 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.49 by $0.01. The business had revenue of $5.41 billion for the quarter, compared to the consensus estimate of $5.32 billion. Union Pacific had a return on equity of 23.35% and a net margin of 21.84%. Union Pacific’s quarterly revenue was up 4.5% on a year-over-year basis. During the same quarter in the previous year, the business earned $1.36 earnings per share. equities research analysts forecast that Union Pacific Co. will post 5.79 earnings per share for the current fiscal year.
The business also recently announced a quarterly dividend, which was paid on Thursday, December 28th. Investors of record on Thursday, November 30th were given a $0.665 dividend. The ex-dividend date of this dividend was Wednesday, November 29th. This represents a $2.66 dividend on an annualized basis and a dividend yield of 1.88%. This is an increase from Union Pacific’s previous quarterly dividend of $0.61. Union Pacific’s payout ratio is currently 47.08%.
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Union Pacific Profile
Union Pacific Corporation is a railroad operating company in the United States. The Company operates through its principal operating company, Union Pacific Railroad Company (UPRR). Its business mix includes Agricultural Products, Automotive, Chemicals, Coal, Industrial Products and Intermodal. Its freight traffic consists of bulk, manifest, and premium business.
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