Macquarie Group Ltd. decreased its position in shares of Union Pacific Co. (NYSE:UNP) by 9.2% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 360,375 shares of the railroad operator’s stock after selling 36,537 shares during the quarter. Macquarie Group Ltd.’s holdings in Union Pacific were worth $39,248,000 at the end of the most recent reporting period.
A number of other institutional investors and hedge funds have also recently bought and sold shares of UNP. FMR LLC lifted its position in Union Pacific by 84.6% during the second quarter. FMR LLC now owns 9,603,068 shares of the railroad operator’s stock worth $1,045,870,000 after purchasing an additional 4,399,980 shares during the period. Voya Investment Management LLC lifted its position in Union Pacific by 88.7% during the second quarter. Voya Investment Management LLC now owns 4,060,423 shares of the railroad operator’s stock worth $442,221,000 after purchasing an additional 1,908,175 shares during the period. Ameriprise Financial Inc. lifted its position in Union Pacific by 59.3% during the second quarter. Ameriprise Financial Inc. now owns 4,773,609 shares of the railroad operator’s stock worth $519,785,000 after purchasing an additional 1,776,644 shares during the period. AQR Capital Management LLC lifted its position in Union Pacific by 212.5% during the first quarter. AQR Capital Management LLC now owns 2,387,750 shares of the railroad operator’s stock worth $252,911,000 after purchasing an additional 1,623,701 shares during the period. Finally, Vanguard Group Inc. lifted its position in Union Pacific by 1.9% during 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 period. 78.63% of the stock is owned by institutional investors and hedge funds.
Shares of Union Pacific Co. (NYSE UNP) traded up $0.65 during midday trading on Monday, reaching $129.11. The company’s stock had a trading volume of 3,628,500 shares, compared to its average volume of 3,584,605. Union Pacific Co. has a 12-month low of $101.06 and a 12-month high of $132.00. The company has a debt-to-equity ratio of 0.83, a quick ratio of 0.97 and a current ratio of 1.16. The firm has a market capitalization of $101,630.00, a P/E ratio of 22.81, a price-to-earnings-growth ratio of 2.09 and a beta of 0.90.
Union Pacific (NYSE:UNP) last released its quarterly earnings data on Thursday, October 26th. The railroad operator reported $1.50 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $1.49 by $0.01. Union Pacific had a return on equity of 23.35% and a net margin of 21.84%. The company had revenue of $5.41 billion during the quarter, compared to the consensus estimate of $5.32 billion. During the same quarter in the prior year, the firm posted $1.36 earnings per share. The firm’s revenue was up 4.5% compared to the same quarter last year. equities research analysts forecast that Union Pacific Co. will post 5.78 EPS for the current year.
The company also recently disclosed a quarterly dividend, which will be paid on Thursday, December 28th. Stockholders of record on Thursday, November 30th will be paid a $0.665 dividend. The ex-dividend date of this dividend is Wednesday, November 29th. This represents a $2.66 annualized dividend and a dividend yield of 2.06%. This is an increase from Union Pacific’s previous quarterly dividend of $0.61. Union Pacific’s dividend payout ratio is currently 47.08%.
UNP has been the subject of several recent analyst reports. BMO Capital Markets reaffirmed a “buy” rating on shares of Union Pacific in a research report on Friday, October 20th. Argus boosted their target price on Union Pacific from $125.00 to $130.00 and gave the stock a “buy” rating in a research note on Tuesday, October 31st. Zacks Investment Research raised Union Pacific from a “hold” rating to a “buy” rating and set a $130.00 target price for the company in a research note on Wednesday, November 1st. Morgan Stanley downgraded Union Pacific from an “overweight” rating to an “equal weight” rating and lowered their target price for the stock from $102.00 to $100.00 in a research note on Monday, October 2nd. Finally, Royal Bank Of Canada reissued a “hold” rating and set a $115.00 target price on shares of Union Pacific in a research note on Friday, August 25th. Three equities research analysts have rated the stock with a sell rating, sixteen have given a hold rating and four have issued a buy rating to the company. The stock currently has an average rating of “Hold” and a consensus price target of $118.53.
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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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