Todd Asset Management LLC Sells 7,740 Shares of Union Pacific Co. (NYSE:UNP)

Todd Asset Management LLC lessened its stake in shares of Union Pacific Co. (NYSE:UNP) by 4.1% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 180,239 shares of the railroad operator’s stock after selling 7,740 shares during the period. Todd Asset Management LLC’s holdings in Union Pacific were worth $20,903,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. OMERS ADMINISTRATION Corp grew its stake in shares of Union Pacific by 15.5% in the 2nd quarter. OMERS ADMINISTRATION Corp now owns 1,008,200 shares of the railroad operator’s stock valued at $109,803,000 after buying an additional 134,950 shares in the last quarter. Community Bank N.A. grew its stake in shares of Union Pacific by 3.0% in the 2nd quarter. Community Bank N.A. now owns 1,537 shares of the railroad operator’s stock valued at $168,000 after buying an additional 45 shares in the last quarter. Northeast Investment Management grew its stake in shares of Union Pacific by 2.8% in the 2nd quarter. Northeast Investment Management now owns 278,258 shares of the railroad operator’s stock valued at $30,305,000 after buying an additional 7,663 shares in the last quarter. Barings LLC grew its stake in shares of Union Pacific by 357.1% in the 1st quarter. Barings LLC now owns 48,185 shares of the railroad operator’s stock valued at $5,104,000 after buying an additional 37,643 shares in the last quarter. Finally, Greystone Managed Investments Inc. grew its stake in shares of Union Pacific by 8.9% in the 2nd quarter. Greystone Managed Investments Inc. now owns 84,114 shares of the railroad operator’s stock valued at $9,161,000 after buying an additional 6,890 shares in the last quarter. Hedge funds and other institutional investors own 78.47% of the company’s stock.

UNP has been the subject of a number of recent analyst reports. Zacks Investment Research cut Union Pacific from a “hold” rating to a “sell” rating in a research report on Saturday, January 6th. Daiwa Capital Markets upgraded Union Pacific from a “hold” rating to an “outperform” rating in a report on Thursday. Scotiabank set a $150.00 price target on Union Pacific and gave the stock a “hold” rating in a report on Thursday. JPMorgan Chase & Co. upped their price target on Union Pacific from $106.00 to $113.00 and gave the stock a “neutral” rating in a report on Thursday, October 12th. Finally, BMO Capital Markets reiterated a “buy” rating on shares of Union Pacific in a report on Friday, October 20th. Three research analysts have rated the stock with a sell rating, fourteen have issued a hold rating and eight have issued a buy rating to the stock. Union Pacific presently has an average rating of “Hold” and an average price target of $124.00.

Shares of Union Pacific Co. (UNP) traded up $0.82 during mid-day trading on Monday, hitting $141.17. The stock had a trading volume of 3,268,800 shares, compared to its average volume of 5,162,922. The company has a quick ratio of 0.97, a current ratio of 1.16 and a debt-to-equity ratio of 0.83. The company has a market capitalization of $111,120.00, a PE ratio of 24.99, a PEG ratio of 1.90 and a beta of 0.90. Union Pacific Co. has a 12 month low of $101.06 and a 12 month high of $141.81.

Union Pacific (NYSE:UNP) last announced its earnings results on Thursday, October 26th. The railroad operator reported $1.50 EPS for the quarter, topping the consensus estimate of $1.49 by $0.01. The company had revenue of $5.41 billion for the quarter, compared to analysts’ expectations of $5.32 billion. Union Pacific had a return on equity of 23.35% and a net margin of 21.84%. The business’s revenue for the quarter was up 4.5% on a year-over-year basis. During the same quarter in the prior 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 year.

The company also recently declared a quarterly dividend, which was paid on Thursday, December 28th. Investors of record on Thursday, November 30th were issued a $0.665 dividend. This is a boost from Union Pacific’s previous quarterly dividend of $0.61. The ex-dividend date was Wednesday, November 29th. This represents a $2.66 annualized dividend and a yield of 1.88%. Union Pacific’s dividend payout ratio (DPR) is currently 47.08%.

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About Union Pacific

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.

Institutional Ownership by Quarter for Union Pacific (NYSE:UNP)

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