First Allied Advisory Services Inc. boosted its holdings in Union Pacific Co. (NYSE:UNP) by 9.2% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 17,704 shares of the railroad operator’s stock after purchasing an additional 1,495 shares during the period. First Allied Advisory Services Inc.’s holdings in Union Pacific were worth $2,053,000 as of its most recent SEC filing.
A number of other hedge funds have also bought and sold shares of the business. Mitsubishi UFJ Securities Holdings Co. Ltd. lifted its position in shares of Union Pacific by 46.6% during the 2nd quarter. Mitsubishi UFJ Securities Holdings Co. Ltd. now owns 1,070 shares of the railroad operator’s stock valued at $117,000 after buying an additional 340 shares during the last quarter. Acrospire Investment Management LLC raised its stake in shares of Union Pacific by 33.3% during the 2nd quarter. Acrospire Investment Management LLC now owns 1,200 shares of the railroad operator’s stock valued at $131,000 after purchasing an additional 300 shares during the period. Community Bank N.A. raised its stake in shares of Union Pacific by 3.0% during the 2nd quarter. Community Bank N.A. now owns 1,537 shares of the railroad operator’s stock valued at $168,000 after purchasing an additional 45 shares during the period. Jacobi Capital Management LLC raised its stake in shares of Union Pacific by 6.6% during the 2nd quarter. Jacobi Capital Management LLC now owns 1,705 shares of the railroad operator’s stock valued at $185,000 after purchasing an additional 105 shares during the period. Finally, Yorkville Capital Management LLC bought a new stake in shares of Union Pacific during the 2nd quarter valued at $202,000. 78.28% of the stock is currently owned by institutional investors and hedge funds.
Shares of Union Pacific Co. (UNP) opened at $128.64 on Tuesday. The firm has a market capitalization of $101,260.00, a PE ratio of 9.53, a P/E/G ratio of 1.59 and a beta of 0.84. Union Pacific Co. has a fifty-two week low of $101.06 and a fifty-two week high of $143.05. The company has a current ratio of 1.03, a quick ratio of 0.97 and a debt-to-equity ratio of 0.65.
Union Pacific (NYSE:UNP) last issued its 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 net margin of 50.43% and a return on equity of 22.26%. The company had revenue of $5.45 billion for the quarter, compared to analysts’ expectations of $5.44 billion. During the same quarter in the prior year, the company earned $1.39 earnings per share. The company’s revenue was up 5.5% compared to the same quarter last year. equities analysts predict that Union Pacific Co. will post 7.52 earnings per share for the current fiscal year.
The firm also recently disclosed a quarterly dividend, which will be paid on Friday, March 30th. Shareholders of record on Wednesday, February 28th will be issued a $0.73 dividend. The ex-dividend date of this dividend is Tuesday, February 27th. This represents a $2.92 annualized dividend and a yield of 2.27%. This is a boost from Union Pacific’s previous quarterly dividend of $0.67. Union Pacific’s dividend payout ratio (DPR) is 19.70%.
UNP has been the topic of a number of analyst reports. Barclays reiterated a “buy” rating and set a $150.00 price objective on shares of Union Pacific in a research note on Wednesday, December 13th. Argus boosted their price objective on Union Pacific from $125.00 to $130.00 and gave the company a “buy” rating in a research note on Tuesday, October 31st. Scotiabank set a $150.00 target price on Union Pacific and gave the stock a “hold” rating in a research note on Thursday, January 11th. Morgan Stanley upped their target price on Union Pacific from $105.00 to $125.00 and gave the stock an “equal weight” rating in a research note on Friday, January 26th. Finally, BMO Capital Markets restated a “buy” rating on shares of Union Pacific in a research note on Friday, October 20th. Three analysts have rated the stock with a sell rating, fourteen have given a hold rating and nine have given a buy rating to the stock. The company has an average rating of “Hold” and a consensus target price of $130.40.
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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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