Massachusetts Financial Services Co. MA Has $1.89 Billion Holdings in Union Pacific Corporation $UNP

Massachusetts Financial Services Co. MA trimmed its holdings in shares of Union Pacific Corporation (NYSE:UNP) by 1.4% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 8,006,454 shares of the railroad operator’s stock after selling 113,070 shares during the period. Massachusetts Financial Services Co. MA owned 1.35% of Union Pacific worth $1,892,486,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of UNP. Howard Hughes Medical Institute bought a new position in shares of Union Pacific during the 2nd quarter valued at about $30,000. Financial Gravity Companies Inc. acquired a new stake in Union Pacific during the 2nd quarter worth approximately $31,000. Total Investment Management Inc. bought a new position in Union Pacific in the second quarter valued at approximately $31,000. Access Investment Management LLC acquired a new position in shares of Union Pacific in the second quarter valued at approximately $32,000. Finally, Sagard Holdings Management Inc. bought a new stake in Union Pacific in the 2nd quarter valued at $33,000. 80.38% of the stock is owned by institutional investors.

Union Pacific Trading Down 0.3%

Shares of Union Pacific stock opened at $229.75 on Friday. Union Pacific Corporation has a 1 year low of $204.66 and a 1 year high of $256.84. The company has a market capitalization of $136.28 billion, a price-to-earnings ratio of 19.52, a P/E/G ratio of 2.65 and a beta of 0.99. The business has a fifty day simple moving average of $230.72 and a two-hundred day simple moving average of $227.15. The company has a debt-to-equity ratio of 1.75, a current ratio of 0.75 and a quick ratio of 0.60.

Union Pacific (NYSE:UNP) last released its quarterly earnings results on Thursday, October 23rd. The railroad operator reported $3.08 earnings per share for the quarter, beating the consensus estimate of $2.99 by $0.09. The firm had revenue of $6.24 billion for the quarter, compared to analysts’ expectations of $6.24 billion. Union Pacific had a net margin of 28.73% and a return on equity of 42.23%. The business’s revenue was up 2.5% on a year-over-year basis. During the same period in the prior year, the firm earned $2.75 EPS. Research analysts forecast that Union Pacific Corporation will post 11.99 EPS for the current year.

Union Pacific Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, December 30th. Investors of record on Friday, December 5th were paid a $1.38 dividend. The ex-dividend date was Friday, December 5th. This represents a $5.52 annualized dividend and a dividend yield of 2.4%. Union Pacific’s dividend payout ratio is 46.90%.

Analyst Upgrades and Downgrades

A number of analysts have recently commented on the company. The Goldman Sachs Group set a $263.00 price target on Union Pacific and gave the company a “neutral” rating in a report on Thursday, October 23rd. UBS Group set a $253.00 target price on Union Pacific and gave the company a “neutral” rating in a research report on Friday, October 3rd. Royal Bank Of Canada set a $280.00 price target on Union Pacific in a research report on Thursday, December 18th. Barclays reaffirmed an “overweight” rating and issued a $285.00 target price (up previously from $270.00) on shares of Union Pacific in a research report on Tuesday, December 16th. Finally, JPMorgan Chase & Co. increased their price objective on shares of Union Pacific from $267.00 to $270.00 and gave the stock a “neutral” rating in a research note on Monday, January 12th. One research analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and twelve have issued a Hold rating to the stock. According to data from MarketBeat, Union Pacific currently has a consensus rating of “Moderate Buy” and an average target price of $259.58.

Union Pacific Company Profile

Union Pacific Corporation (NYSE: UNP) is one of the largest freight railroad companies in the United States. Its principal operating subsidiary, Union Pacific Railroad, has roots that trace back to the Pacific Railway Act of 1862 and the construction of the first transcontinental rail link completed in 1869. The company is headquartered in Omaha, Nebraska, and operates as a holding company for rail transportation and related services.

Union Pacific’s core business is the movement of freight by rail across an extensive rail network serving the western two‑thirds of the United States.