Davis R M Inc. boosted its stake in Union Pacific Co. (NYSE:UNP) by 4.1% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 139,207 shares of the railroad operator’s stock after purchasing an additional 5,454 shares during the quarter. Davis R M Inc.’s holdings in Union Pacific were worth $16,144,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
A number of other institutional investors and hedge funds also recently made changes to their positions in the stock. Mitsubishi UFJ Securities Holdings Co. Ltd. boosted its holdings in Union Pacific 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 in the last quarter. SRS Capital Advisors Inc. boosted its holdings in Union Pacific 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 in the last quarter. Acrospire Investment Management LLC boosted its holdings in Union Pacific by 33.3% in the second quarter. Acrospire Investment Management LLC now owns 1,200 shares of the railroad operator’s stock valued at $131,000 after acquiring an additional 300 shares in the last quarter. Community Bank N.A. lifted its position in Union Pacific by 3.0% during the second 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 during the period. Finally, Delphi Private Advisors LLC lifted its position in Union Pacific by 101.2% during the second quarter. Delphi Private Advisors LLC now owns 2,078 shares of the railroad operator’s stock valued at $181,000 after buying an additional 1,045 shares during the period. 78.45% of the stock is currently owned by institutional investors and hedge funds.
Several equities analysts have commented on the company. Scotiabank set a $150.00 price objective on Union Pacific and gave the company a “hold” rating in a research report on Thursday. Daiwa Capital Markets raised Union Pacific from a “hold” rating to an “outperform” rating in a research report on Thursday. BMO Capital Markets reaffirmed a “buy” rating and issued a $150.00 price target on shares of Union Pacific in a research report on Monday, January 8th. Zacks Investment Research lowered Union Pacific from a “hold” rating to a “sell” rating in a research report on Saturday, January 6th. Finally, UBS Group raised Union Pacific from a “neutral” rating to a “buy” rating in a research report on Friday, January 5th. Four research analysts have rated the stock with a sell rating, fourteen have issued a hold rating and seven have assigned a buy rating to the company’s stock. The company currently has an average rating of “Hold” and a consensus price target of $122.65.
Union Pacific Co. (UNP) traded up $0.82 during mid-day trading on Friday, reaching $141.17. The company’s stock had a trading volume of 3,186,300 shares, compared to its average volume of 5,300,000. The company has a market cap of $111,120.00, a P/E ratio of 24.99, a price-to-earnings-growth ratio of 1.96 and a beta of 0.90. Union Pacific Co. has a 1-year low of $101.06 and a 1-year high of $141.81. The company has a quick ratio of 0.97, a current ratio of 1.16 and a debt-to-equity ratio of 0.83.
Union Pacific (NYSE:UNP) last issued its quarterly earnings data on Thursday, October 26th. The railroad operator reported $1.50 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $1.49 by $0.01. The business 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 company’s revenue for the quarter was up 4.5% on a year-over-year basis. During the same period in the prior year, the firm earned $1.36 EPS. equities analysts predict that Union Pacific Co. will post 5.79 EPS for the current fiscal year.
The company also recently disclosed a quarterly dividend, which was paid on Thursday, December 28th. Stockholders of record on Thursday, November 30th were issued a dividend of $0.665 per share. This represents a $2.66 annualized dividend and a dividend yield of 1.88%. This is a boost from Union Pacific’s previous quarterly dividend of $0.61. The ex-dividend date of this dividend was Wednesday, November 29th. Union Pacific’s dividend payout ratio is 47.08%.
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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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