CGOV Asset Management lowered its stake in shares of Union Pacific Co. (NYSE:UNP) by 4.9% in the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 21,500 shares of the railroad operator’s stock after selling 1,100 shares during the period. Union Pacific makes up approximately 0.1% of CGOV Asset Management’s investment portfolio, making the stock its 28th largest position. CGOV Asset Management’s holdings in Union Pacific were worth $3,609,000 at the end of the most recent reporting period.
A number of other hedge funds have also modified their holdings of the business. OMERS ADMINISTRATION Corp increased its stake in Union Pacific by 15.5% in the second quarter. OMERS ADMINISTRATION Corp now owns 1,008,200 shares of the railroad operator’s stock valued at $109,803,000 after purchasing an additional 134,950 shares during the period. Community Bank N.A. increased its stake in shares of Union Pacific by 3.0% during the second quarter. Community Bank N.A. now owns 1,537 shares of the railroad operator’s stock worth $168,000 after acquiring an additional 45 shares during the period. Northeast Investment Management increased its stake in shares of Union Pacific by 2.8% during the second quarter. Northeast Investment Management now owns 278,258 shares of the railroad operator’s stock worth $30,305,000 after acquiring an additional 7,663 shares during the period. iAB Financial Bank increased its stake in shares of Union Pacific by 23.8% during the second quarter. iAB Financial Bank now owns 3,900 shares of the railroad operator’s stock worth $425,000 after acquiring an additional 750 shares during the period. Finally, Clinton Group Inc. increased its stake in shares of Union Pacific by 82.0% during the second quarter. Clinton Group Inc. now owns 25,117 shares of the railroad operator’s stock worth $2,735,000 after acquiring an additional 11,313 shares during the period. 78.28% of the stock is owned by institutional investors.
A number of research firms recently commented on UNP. Argus boosted their price objective on shares of Union Pacific from $130.00 to $155.00 and gave the stock a “buy” rating in a report on Thursday, February 1st. Robert W. Baird reaffirmed a “hold” rating on shares of Union Pacific in a report on Friday, January 26th. 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 research report on Friday, January 26th. Scotiabank reissued a “hold” rating and issued a $148.00 price objective on shares of Union Pacific in a research report on Thursday, January 25th. Finally, Seaport Global Securities lowered 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 equities research analysts have rated the stock with a sell rating, fourteen have issued a hold rating and nine have given a buy rating to the company. The company currently has a consensus rating of “Hold” and a consensus price target of $130.40.
Union Pacific Co. (NYSE UNP) traded down $0.65 during trading hours on Tuesday, hitting $127.99. 1,678,861 shares of the stock traded hands, compared to its average volume of 5,890,321. Union Pacific Co. has a one year low of $101.06 and a one year high of $143.05. The company has a market cap of $100,630.00, a price-to-earnings ratio of 9.47, a price-to-earnings-growth ratio of 1.59 and a beta of 0.84. The company has a debt-to-equity ratio of 0.65, a quick ratio of 0.97 and a current ratio of 1.03.
Union Pacific (NYSE:UNP) last posted its quarterly earnings results on Thursday, January 25th. The railroad operator reported $1.53 EPS for the quarter, missing the consensus estimate of $1.54 by ($0.01). The company had revenue of $5.45 billion for the quarter, compared to analyst estimates of $5.44 billion. Union Pacific had a return on equity of 22.26% and a net margin of 50.43%. The business’s revenue for the quarter was up 5.5% compared to the same quarter last year. During the same quarter in the prior year, the business posted $1.39 earnings per share. equities analysts forecast 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 given a dividend of $0.73 per share. This represents a $2.92 annualized dividend and a yield of 2.28%. The ex-dividend date is Tuesday, February 27th. This is a positive change from Union Pacific’s previous quarterly dividend of $0.67. Union Pacific’s dividend payout ratio (DPR) is presently 19.70%.
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Union Pacific 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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