Eaton Vance Management Has $75.11 Million Holdings in Union Pacific Corporation (UNP)

Eaton Vance Management decreased its holdings in shares of Union Pacific Corporation (NYSE:UNP) by 43.1% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 689,678 shares of the railroad operator’s stock after selling 521,736 shares during the period. Eaton Vance Management owned about 0.09% of Union Pacific Corporation worth $75,113,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. Advantage Investment Management LLC raised its stake in shares of Union Pacific Corporation by 263.7% in the first quarter. Advantage Investment Management LLC now owns 953 shares of the railroad operator’s stock valued at $101,000 after acquiring an additional 691 shares during the last quarter. Mark Sheptoff Financial Planning LLC raised its stake in shares of Union Pacific Corporation by 96.3% in the first quarter. Mark Sheptoff Financial Planning LLC now owns 1,021 shares of the railroad operator’s stock valued at $108,000 after acquiring an additional 501 shares during the last quarter. Proficio Capital Partners LLC raised its stake in shares of Union Pacific Corporation by 36.3% in the first quarter. Proficio Capital Partners LLC now owns 1,028 shares of the railroad operator’s stock valued at $111,000 after acquiring an additional 274 shares during the last quarter. Mitsubishi UFJ Securities Holdings Co. Ltd. raised its stake in shares of Union Pacific Corporation by 46.6% in the second quarter. Mitsubishi UFJ Securities Holdings Co. Ltd. now owns 1,070 shares of the railroad operator’s stock valued at $117,000 after acquiring an additional 340 shares during the last quarter. Finally, SRS Capital Advisors Inc. raised its stake in shares of Union Pacific Corporation by 147.2% in the first quarter. SRS Capital Advisors Inc. now owns 1,152 shares of the railroad operator’s stock valued at $122,000 after acquiring an additional 686 shares during the last quarter. Hedge funds and other institutional investors own 79.66% of the company’s stock.

Union Pacific Corporation (NYSE:UNP) opened at $116.57 on Friday. The firm has a market cap of $91,760.00, a price-to-earnings ratio of 20.53, a PEG ratio of 1.88 and a beta of 0.87. Union Pacific Corporation has a 52-week low of $97.48 and a 52-week high of $119.71. The company has a current ratio of 1.16, a quick ratio of 0.97 and a debt-to-equity ratio of 0.83.

Union Pacific Corporation (NYSE:UNP) last announced its quarterly earnings results on Thursday, October 26th. The railroad operator reported $1.50 earnings per share for the quarter, topping analysts’ consensus estimates 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 Corporation had a net margin of 21.84% and a return on equity of 23.35%. The business’s quarterly revenue was up 4.5% compared to the same quarter last year. During the same period last year, the firm posted $1.36 earnings per share. research analysts anticipate that Union Pacific Corporation will post 5.78 EPS for the current year.

The company also recently declared a quarterly dividend, which will be paid on Thursday, December 28th. Stockholders of record on Thursday, November 30th will be given a dividend of $0.665 per share. This represents a $2.66 dividend on an annualized basis and a dividend yield of 2.28%. This is a boost from Union Pacific Corporation’s previous quarterly dividend of $0.61. Union Pacific Corporation’s dividend payout ratio (DPR) is currently 42.83%.

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UNP has been the subject of a number of research analyst reports. Zacks Investment Research cut shares of Union Pacific Corporation from a “buy” rating to a “hold” rating in a research note on Monday, July 24th. Aegis cut shares of Union Pacific Corporation from a “buy” rating to a “hold” rating and lifted their target price for the company from $120.00 to $122.00 in a research note on Tuesday, October 10th. Off Wall Street initiated coverage on shares of Union Pacific Corporation in a research note on Tuesday, October 17th. They issued a “sell” rating for the company. BMO Capital Markets raised their price target on shares of Union Pacific Corporation from $123.00 to $127.00 and gave the company an “outperform” rating in a report on Friday, October 27th. Finally, Loop Capital raised their price target on shares of Union Pacific Corporation from $118.00 to $120.00 and gave the company a “hold” rating in a report on Monday, October 30th. Four equities research analysts have rated the stock with a sell rating, sixteen have given a hold rating and four have issued a buy rating to the company. The company presently has a consensus rating of “Hold” and a consensus target price of $117.59.

About Union Pacific Corporation

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

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