Zeke Capital Advisors LLC boosted its holdings in shares of Union Pacific Co. (NYSE:UNP) by 63.9% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 11,341 shares of the railroad operator’s stock after buying an additional 4,420 shares during the quarter. Zeke Capital Advisors LLC’s holdings in Union Pacific were worth $1,315,000 as of its most recent SEC filing.
A number of other hedge funds have also modified their holdings of the stock. Vanguard Group Inc. grew its holdings in Union Pacific by 1.9% in the second quarter. Vanguard Group Inc. now owns 61,505,708 shares of the railroad operator’s stock worth $6,698,588,000 after purchasing an additional 1,146,109 shares during the last quarter. BlackRock Inc. grew its holdings in shares of Union Pacific by 0.3% during the second quarter. BlackRock Inc. now owns 50,764,821 shares of the railroad operator’s stock valued at $5,528,796,000 after buying an additional 141,521 shares during the last quarter. FMR LLC grew its holdings in shares of Union Pacific by 84.6% during the second quarter. FMR LLC now owns 9,603,068 shares of the railroad operator’s stock valued at $1,045,870,000 after buying an additional 4,399,980 shares during the last quarter. TIAA CREF Investment Management LLC grew its holdings in shares of Union Pacific by 0.6% during the second quarter. TIAA CREF Investment Management LLC now owns 7,948,391 shares of the railroad operator’s stock valued at $865,659,000 after buying an additional 46,298 shares during the last quarter. Finally, Capital World Investors grew its holdings in shares of Union Pacific by 0.7% during the second quarter. Capital World Investors now owns 7,328,002 shares of the railroad operator’s stock valued at $798,093,000 after buying an additional 50,000 shares during the last quarter. 78.28% of the stock is currently owned by institutional investors.
A number of brokerages have recently weighed in on UNP. Argus boosted their price objective on shares of Union Pacific from $130.00 to $155.00 and gave the company a “buy” rating in a report on Thursday, February 1st. Morgan Stanley boosted their price objective on shares of Union Pacific from $105.00 to $125.00 and gave the company an “equal weight” rating in a report on Friday, January 26th. UBS Group dropped their price objective on shares of Union Pacific from $164.00 to $162.00 and set a “buy” rating on the stock in a report on Friday, January 26th. TD Securities decreased their target price on shares of Union Pacific from $155.00 to $150.00 and set a “buy” rating for the company in a research report on Friday, January 26th. Finally, Seaport Global Securities downgraded shares of Union Pacific from a “buy” rating to a “neutral” rating in a research report on Friday, January 26th. They noted that the move was a valuation call. Three research analysts have rated the stock with a sell rating, fourteen have issued a hold rating and nine have assigned a buy rating to the company’s stock. Union Pacific presently has a consensus rating of “Hold” and a consensus target price of $130.40.
Union Pacific Co. (NYSE:UNP) traded up $1.36 on Monday, hitting $128.64. 4,160,000 shares of the company traded hands, compared to its average volume of 5,900,000. Union Pacific Co. has a 52-week low of $101.06 and a 52-week high of $143.05. The company has a debt-to-equity ratio of 0.65, a quick ratio of 0.97 and a current ratio of 1.03. The firm has a market cap of $101,260.00, a P/E ratio of 9.53, a PEG ratio of 1.59 and a beta of 0.84.
Union Pacific (NYSE:UNP) last released its quarterly earnings results on Thursday, January 25th. The railroad operator reported $1.53 earnings per share for the quarter, missing the consensus estimate of $1.54 by ($0.01). Union Pacific had a return on equity of 22.26% and a net margin of 50.43%. The company had revenue of $5.45 billion for the quarter, compared to analyst estimates of $5.44 billion. During the same quarter last year, the company earned $1.39 EPS. The firm’s revenue for the quarter was up 5.5% on a year-over-year basis. sell-side analysts expect that Union Pacific Co. will post 7.52 earnings per share for the current year.
The firm also recently disclosed a quarterly dividend, which will be paid on Friday, March 30th. Investors of record on Wednesday, February 28th will be paid a dividend of $0.73 per share. This represents a $2.92 annualized dividend and a yield of 2.27%. The ex-dividend date is Tuesday, February 27th. This is a boost from Union Pacific’s previous quarterly dividend of $0.67. Union Pacific’s dividend payout ratio is currently 19.70%.
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About Union Pacific
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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