Renaissance Group LLC grew its holdings in Union Pacific Co. (NYSE:UNP) by 6.3% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 285,982 shares of the railroad operator’s stock after acquiring an additional 16,856 shares during the period. Renaissance Group LLC’s holdings in Union Pacific were worth $33,165,000 as of its most recent SEC filing.
A number of other institutional investors and hedge funds have also added to or reduced their stakes in UNP. Trust Co raised its position in shares of Union Pacific by 191.2% during the 1st quarter. Trust Co now owns 8,948 shares of the railroad operator’s stock valued at $948,000 after purchasing an additional 5,875 shares during the period. Beacon Financial Group raised its position in shares of Union Pacific by 8.0% during the 2nd quarter. Beacon Financial Group now owns 16,804 shares of the railroad operator’s stock valued at $1,813,000 after purchasing an additional 1,239 shares during the period. Fox Run Management L.L.C. bought a new stake in shares of Union Pacific during the 2nd quarter valued at $664,000. Factory Mutual Insurance Co. raised its position in shares of Union Pacific by 2.2% during the 2nd quarter. Factory Mutual Insurance Co. now owns 926,879 shares of the railroad operator’s stock valued at $100,946,000 after purchasing an additional 20,000 shares during the period. Finally, BKD Wealth Advisors LLC raised its position in shares of Union Pacific by 6.6% during the 2nd quarter. BKD Wealth Advisors LLC now owns 4,410 shares of the railroad operator’s stock valued at $480,000 after purchasing an additional 273 shares during the period. Institutional investors and hedge funds own 78.45% of the company’s stock.
Shares of Union Pacific Co. (NYSE UNP) opened at $141.17 on Friday. The company has a debt-to-equity ratio of 0.83, a current ratio of 1.16 and a quick ratio of 0.97. The company has a market cap of $111,120.00, a PE ratio of 24.99, a PEG ratio of 1.96 and a beta of 0.90. Union Pacific Co. has a twelve month low of $101.06 and a twelve month high of $141.81.
Union Pacific (NYSE:UNP) last posted its quarterly earnings data 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 firm had revenue of $5.41 billion during the quarter, compared to analyst estimates of $5.32 billion. Union Pacific had a net margin of 21.84% and a return on equity of 23.35%. Union Pacific’s revenue was up 4.5% on a year-over-year basis. During the same quarter in the previous year, the business posted $1.36 EPS. sell-side analysts expect that Union Pacific Co. will post 5.79 earnings per share for the current year.
The company also recently disclosed a quarterly dividend, which was paid on Thursday, December 28th. Investors of record on Thursday, November 30th were paid a dividend of $0.665 per share. This represents a $2.66 annualized dividend and a dividend yield of 1.88%. The ex-dividend date was Wednesday, November 29th. This is a positive change from Union Pacific’s previous quarterly dividend of $0.61. Union Pacific’s payout ratio is 47.08%.
Several research firms recently weighed in on UNP. Scotiabank set a $150.00 target price on shares of Union Pacific and gave the company a “hold” rating in a research note on Thursday. Daiwa Capital Markets raised shares of Union Pacific from a “hold” rating to an “outperform” rating in a research note on Thursday. BMO Capital Markets reaffirmed a “buy” rating and set a $150.00 target price on shares of Union Pacific in a research note on Monday, January 8th. Zacks Investment Research cut shares of Union Pacific from a “hold” rating to a “sell” rating in a research note on Saturday, January 6th. Finally, UBS Group raised shares of Union Pacific from a “neutral” rating to a “buy” rating in a research note on Friday, January 5th. Four research analysts have rated the stock with a sell rating, fourteen have issued a hold rating and seven have issued a buy rating to the company. Union Pacific presently has an average rating of “Hold” and an average price target of $122.65.
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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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