NBT Bank N A NY lessened its stake in shares of Union Pacific Co. (NYSE:UNP) by 3.4% in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 57,530 shares of the railroad operator’s stock after selling 2,046 shares during the period. Union Pacific accounts for approximately 1.1% of NBT Bank N A NY’s holdings, making the stock its 29th biggest position. NBT Bank N A NY’s holdings in Union Pacific were worth $6,672,000 at the end of the most recent reporting period.
Several other institutional investors and hedge funds also recently added to or reduced their stakes in UNP. FMR LLC boosted its holdings in shares of Union Pacific by 84.6% during the 2nd quarter. FMR LLC now owns 9,603,068 shares of the railroad operator’s stock valued at $1,045,870,000 after purchasing an additional 4,399,980 shares during the last quarter. Janus Henderson Group PLC boosted its holdings in shares of Union Pacific by 990.5% during the 2nd quarter. Janus Henderson Group PLC now owns 2,243,574 shares of the railroad operator’s stock valued at $244,339,000 after purchasing an additional 2,037,834 shares during the last quarter. Voya Investment Management LLC boosted its holdings in shares of Union Pacific by 88.7% during the 2nd quarter. Voya Investment Management LLC now owns 4,060,423 shares of the railroad operator’s stock valued at $442,221,000 after purchasing an additional 1,908,175 shares during the last quarter. Ameriprise Financial Inc. raised its position in shares of Union Pacific by 59.3% during the 2nd quarter. Ameriprise Financial Inc. now owns 4,773,609 shares of the railroad operator’s stock valued at $519,785,000 after buying an additional 1,776,644 shares in the last quarter. Finally, Canada Pension Plan Investment Board raised its position in shares of Union Pacific by 88.5% during the 3rd quarter. Canada Pension Plan Investment Board now owns 3,558,005 shares of the railroad operator’s stock valued at $412,622,000 after buying an additional 1,670,095 shares in the last quarter. 78.45% of the stock is owned by institutional investors and hedge funds.
Shares of Union Pacific Co. (NYSE UNP) opened at $141.00 on Wednesday. The company has a debt-to-equity ratio of 0.83, a current ratio of 1.16 and a quick ratio of 0.97. Union Pacific Co. has a 1 year low of $101.06 and a 1 year high of $141.17. The firm has a market cap of $110,990.00, a PE ratio of 24.96, a P/E/G ratio of 1.97 and a beta of 0.90.
Union Pacific (NYSE:UNP) last posted its quarterly earnings data on Thursday, October 26th. The railroad operator reported $1.50 earnings per share for the quarter, topping the Zacks’ consensus estimate of $1.49 by $0.01. Union Pacific had a net margin of 21.84% and a return on equity of 23.35%. The company had revenue of $5.41 billion for the quarter, compared to analyst estimates of $5.32 billion. During the same period in the prior year, the company posted $1.36 EPS. The firm’s revenue for the quarter was up 4.5% on a year-over-year basis. equities research analysts predict that Union Pacific Co. will post 5.78 earnings per share for the current fiscal year.
The company also recently disclosed a quarterly dividend, which was paid on Thursday, December 28th. Investors of record on Thursday, November 30th were given a $0.665 dividend. This is a positive change from Union Pacific’s previous quarterly dividend of $0.61. This represents a $2.66 dividend on an annualized basis and a yield of 1.89%. The ex-dividend date was Wednesday, November 29th. Union Pacific’s dividend payout ratio is 47.08%.
UNP has been the topic of several recent research reports. BMO Capital Markets restated a “buy” rating and set a $123.00 target price on shares of Union Pacific in a research report on Friday, September 15th. Robert W. Baird restated a “hold” rating and set a $116.00 target price on shares of Union Pacific in a research report on Sunday, September 17th. Morgan Stanley cut shares of Union Pacific from an “overweight” rating to an “equal weight” rating and decreased their target price for the company from $102.00 to $100.00 in a research report on Monday, October 2nd. Citigroup cut shares of Union Pacific from a “buy” rating to a “neutral” rating and set a $120.00 target price on the stock. in a research report on Wednesday, October 4th. Finally, Aegis cut shares of Union Pacific from a “buy” rating to a “hold” rating and upped their target price for the company from $120.00 to $122.00 in a research report on Tuesday, October 10th. Four investment analysts have rated the stock with a sell rating, thirteen have given a hold rating and six have issued a buy rating to the company’s stock. The company has an average rating of “Hold” and a consensus target price of $121.21.
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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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