Meag Munich Ergo Kapitalanlagegesellschaft MBH cut its stake in Union Pacific Co. (NYSE:UNP) by 17.0% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 38,331 shares of the railroad operator’s stock after selling 7,864 shares during the period. Meag Munich Ergo Kapitalanlagegesellschaft MBH’s holdings in Union Pacific were worth $5,210,000 at the end of the most recent reporting period.
Several other institutional investors and hedge funds also recently modified their holdings of UNP. Vanguard Group Inc. increased its holdings in Union Pacific by 1.9% during the 2nd quarter. Vanguard Group Inc. now owns 61,505,708 shares of the railroad operator’s stock valued at $6,698,588,000 after purchasing an additional 1,146,109 shares in the last quarter. BlackRock Inc. increased its holdings in Union Pacific by 0.3% during the 2nd quarter. BlackRock Inc. now owns 50,764,821 shares of the railroad operator’s stock valued at $5,528,796,000 after purchasing an additional 141,521 shares in the last quarter. FMR LLC increased its holdings in Union Pacific by 84.6% during the 2nd quarter. FMR LLC now owns 9,603,068 shares of the railroad operator’s stock valued at $1,045,870,000 after purchasing an additional 4,399,980 shares in the last quarter. TIAA CREF Investment Management LLC increased its holdings in Union Pacific by 0.6% during the 2nd quarter. TIAA CREF Investment Management LLC now owns 7,948,391 shares of the railroad operator’s stock valued at $865,659,000 after purchasing an additional 46,298 shares in the last quarter. Finally, Capital World Investors increased its holdings in Union Pacific by 0.7% during the 2nd quarter. Capital World Investors now owns 7,328,002 shares of the railroad operator’s stock valued at $798,093,000 after purchasing an additional 50,000 shares in the last quarter. 78.41% of the stock is owned by institutional investors and hedge funds.
Union Pacific Co. (UNP) opened at $130.23 on Wednesday. Union Pacific Co. has a 12-month low of $101.06 and a 12-month high of $143.05. The company has a debt-to-equity ratio of 0.65, a current ratio of 1.02 and a quick ratio of 0.83. The stock has a market capitalization of $101,490.00, a price-to-earnings ratio of 21.81, a PEG ratio of 1.68 and a beta of 0.84.
Union Pacific (NYSE:UNP) last posted its quarterly earnings results on Thursday, January 25th. The railroad operator reported $1.53 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ 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 during the quarter, compared to the consensus estimate of $5.44 billion. During the same quarter in the prior year, the business earned $1.39 earnings per share. The firm’s revenue for the quarter was up 5.5% on a year-over-year basis. research analysts anticipate that Union Pacific Co. will post 7.51 earnings per share for the current fiscal year.
The business also recently declared a quarterly dividend, which will be paid on Friday, March 30th. Stockholders of record on Wednesday, February 28th will be given a $0.73 dividend. This is a positive change from Union Pacific’s previous quarterly dividend of $0.67. This represents a $2.92 annualized dividend and a dividend yield of 2.24%. The ex-dividend date is Tuesday, February 27th. Union Pacific’s dividend payout ratio (DPR) is currently 44.56%.
A number of equities research analysts recently weighed in on UNP shares. UBS Group raised Union Pacific from a “neutral” rating to a “buy” rating in a report on Friday, January 5th. BMO Capital Markets reaffirmed a “buy” rating and set a $150.00 price target on shares of Union Pacific in a report on Monday, January 8th. Royal Bank of Canada reaffirmed a “hold” rating and set a $124.00 price target on shares of Union Pacific in a report on Thursday, November 9th. Zacks Investment Research lowered Union Pacific from a “buy” rating to a “hold” rating in a research report on Thursday, November 2nd. Finally, Goldman Sachs Group started coverage on Union Pacific in a research report on Monday, November 13th. They issued a “sell” rating and a $103.00 price objective on the stock. Three investment analysts have rated the stock with a sell rating, thirteen have issued a hold rating and ten have assigned a buy rating to the company. The company currently has a consensus rating of “Hold” and a consensus price target of $130.40.
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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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