Pring Turner Capital Group Inc. trimmed its position in shares of Union Pacific Co. (NYSE:UNP) by 4.1% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 24,960 shares of the railroad operator’s stock after selling 1,055 shares during the quarter. Union Pacific makes up 2.9% of Pring Turner Capital Group Inc.’s holdings, making the stock its 15th biggest holding. Pring Turner Capital Group Inc.’s holdings in Union Pacific were worth $2,895,000 at the end of the most recent reporting period.
Several other hedge funds have also recently made changes to their positions in UNP. FMR LLC raised its position 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 worth $1,045,870,000 after acquiring an additional 4,399,980 shares during the last quarter. Janus Henderson Group PLC raised its position in shares of Union Pacific by 990.5% during the second quarter. Janus Henderson Group PLC now owns 2,243,574 shares of the railroad operator’s stock worth $244,339,000 after acquiring an additional 2,037,834 shares during the last quarter. Voya Investment Management LLC raised its position in shares of 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 acquiring an additional 1,908,175 shares during the last quarter. Ameriprise Financial Inc. raised its position in shares of 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 acquiring an additional 1,776,644 shares during the last quarter. Finally, Canada Pension Plan Investment Board raised its position in shares of Union Pacific by 88.5% during the third quarter. Canada Pension Plan Investment Board now owns 3,558,005 shares of the railroad operator’s stock worth $412,622,000 after acquiring an additional 1,670,095 shares during the last quarter. 78.47% of the stock is currently owned by hedge funds and other institutional investors.
Shares of Union Pacific Co. (NYSE UNP) opened at $141.25 on Monday. The firm has a market capitalization of $111,190.00, a P/E ratio of 25.00, a price-to-earnings-growth ratio of 1.90 and a beta of 0.90. The company has a quick ratio of 0.97, a current ratio of 1.16 and a debt-to-equity ratio of 0.83. Union Pacific Co. has a 1-year low of $101.06 and a 1-year high of $142.19.
Union Pacific (NYSE:UNP) last announced its quarterly earnings data on Thursday, October 26th. The railroad operator reported $1.50 EPS for the quarter, beating the Zacks’ 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 firm had revenue of $5.41 billion during the quarter, compared to analysts’ expectations of $5.32 billion. During the same quarter last year, the firm posted $1.36 earnings per share. The company’s revenue for the quarter was up 4.5% compared to the same quarter last year. equities analysts anticipate that Union Pacific Co. will post 5.79 EPS for the current year.
The company also recently disclosed a quarterly dividend, which was paid on Thursday, December 28th. Shareholders of record on Thursday, November 30th were paid a $0.665 dividend. This represents a $2.66 dividend on an annualized basis and a yield of 1.88%. The ex-dividend date was Wednesday, November 29th. This is a boost from Union Pacific’s previous quarterly dividend of $0.61. Union Pacific’s dividend payout ratio (DPR) is 47.08%.
A number of equities analysts have recently issued reports on UNP shares. UBS Group upgraded Union Pacific from a “neutral” rating to a “buy” rating in a research report on Friday, January 5th. Zacks Investment Research downgraded Union Pacific from a “buy” rating to a “hold” rating in a research report on Thursday, November 2nd. Royal Bank of Canada restated a “hold” rating and set a $124.00 price objective on shares of Union Pacific in a research report on Thursday, November 9th. Goldman Sachs Group assumed coverage on Union Pacific in a research report on Monday, November 13th. They set a “sell” rating and a $103.00 price objective for the company. Finally, BMO Capital Markets lifted their target price on Union Pacific from $123.00 to $127.00 and gave the stock an “outperform” rating in a report on Friday, October 27th. Three analysts have rated the stock with a sell rating, thirteen have given a hold rating and eight have issued a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and a consensus price target of $125.16.
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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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