Winslow Capital Management LLC cut its holdings in Union Pacific Co. (NYSE:UNP) by 8.9% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 2,195,901 shares of the railroad operator’s stock after selling 214,010 shares during the quarter. Winslow Capital Management LLC owned 0.27% of Union Pacific worth $239,156,000 as of its most recent SEC filing.
Several other institutional investors have also bought and sold shares of UNP. Proficio Capital Partners LLC increased its position in shares of Union Pacific by 36.3% during the first quarter. Proficio Capital Partners LLC now owns 1,028 shares of the railroad operator’s stock worth $111,000 after purchasing an additional 274 shares in the last quarter. Mitsubishi UFJ Securities Holdings Co. Ltd. increased its position in shares of Union Pacific by 46.6% during the second quarter. Mitsubishi UFJ Securities Holdings Co. Ltd. now owns 1,070 shares of the railroad operator’s stock worth $117,000 after purchasing an additional 340 shares in the last quarter. Ullmann Financial Group Inc. purchased a new stake in shares of Union Pacific during the first quarter worth approximately $122,000. SRS Capital Advisors Inc. increased its position in shares of Union Pacific by 147.2% during the first quarter. SRS Capital Advisors Inc. now owns 1,152 shares of the railroad operator’s stock worth $122,000 after purchasing an additional 686 shares in the last quarter. Finally, Delta Asset Management LLC TN increased its position in shares of Union Pacific by 6.8% during the second quarter. Delta Asset Management LLC TN now owns 1,183 shares of the railroad operator’s stock worth $129,000 after purchasing an additional 75 shares in the last quarter. Institutional investors and hedge funds own 78.63% of the company’s stock.
Shares of Union Pacific Co. (NYSE UNP) traded up $5.46 during trading hours on Tuesday, reaching $130.08. The company’s stock had a trading volume of 9,092,500 shares, compared to its average volume of 3,572,774. The company has a current ratio of 1.16, a quick ratio of 0.97 and a debt-to-equity ratio of 0.83. The stock has a market cap of $98,096.98, a PE ratio of 22.02, a P/E/G ratio of 2.02 and a beta of 0.90. Union Pacific Co. has a 12 month low of $101.06 and a 12 month high of $132.00.
Union Pacific (NYSE:UNP) last issued its earnings results on Thursday, October 26th. The railroad operator reported $1.50 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $1.49 by $0.01. The company had revenue of $5.41 billion during 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 firm’s quarterly revenue was up 4.5% on a year-over-year basis. During the same period in the prior year, the business earned $1.36 EPS. analysts predict that Union Pacific Co. will post 5.78 EPS for the current year.
The business also recently announced a quarterly dividend, which will be paid on Thursday, December 28th. Shareholders of record on Thursday, November 30th will be issued a $0.665 dividend. This is a boost from Union Pacific’s previous quarterly dividend of $0.61. This represents a $2.66 annualized dividend and a yield of 2.04%. The ex-dividend date is Wednesday, November 29th. Union Pacific’s dividend payout ratio is presently 47.00%.
Several analysts recently commented on the company. Stifel Nicolaus boosted their price target on Union Pacific from $118.00 to $120.00 and gave the stock a “hold” rating in a research report on Friday, August 18th. Royal Bank Of Canada reiterated a “hold” rating and set a $115.00 price target on shares of Union Pacific in a research report on Friday, August 25th. Morgan Stanley boosted their price target on Union Pacific from $100.00 to $104.00 and gave the stock an “equal weight” rating in a research report on Tuesday, October 31st. BMO Capital Markets reiterated a “buy” rating and set a $123.00 price target on shares of Union Pacific in a research report on Friday, September 15th. Finally, Goldman Sachs Group assumed coverage on Union Pacific in a research report on Monday, November 13th. They set a “sell” rating and a $103.00 price target for the company. Three analysts have rated the stock with a sell rating, sixteen have assigned a hold rating and four have issued a buy rating to the stock. Union Pacific currently has an average rating of “Hold” and a consensus price target of $118.53.
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Union Pacific Company 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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