Raiffeisen Bank International AG Has $40.17 Million Stock Holdings in Union Pacific Corporation $UNP

Raiffeisen Bank International AG trimmed its holdings in shares of Union Pacific Corporation (NYSE:UNP – Free Report) by 3.1% in the second quarter, according to its most recent filing with the SEC. The firm owned 147,312 shares of the railroad operator’s stock after selling 4,749 shares during the period. Raiffeisen Bank International AG’s holdings in Union Pacific were worth $40,172,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the business. Tucker Asset Management LLC bought a new position in Union Pacific during the fourth quarter worth about $25,000. SWAN Capital LLC grew its stake in shares of Union Pacific by 2,575.0% in the 4th quarter. SWAN Capital LLC now owns 107 shares of the railroad operator’s stock valued at $25,000 after purchasing an additional 103 shares during the period. Wiser Advisor Group LLC bought a new stake in shares of Union Pacific in the 2nd quarter valued at approximately $30,000. Scarborough Advisors LLC acquired a new position in shares of Union Pacific in the 1st quarter worth approximately $27,000. Finally, Cornerstone Financial Management LLC acquired a new position in shares of Union Pacific in the 4th quarter worth approximately $27,000. Institutional investors own 80.38% of the company’s stock.

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Union Pacific Stock Performance

Shares of NYSE:UNP opened at $289.24 on Friday. The business has a fifty day moving average of $293.56 and a 200-day moving average of $270.79. The company has a debt-to-equity ratio of 1.40, a quick ratio of 0.82 and a current ratio of 0.99. Union Pacific Corporation has a twelve month low of $210.84 and a twelve month high of $315.99. The firm has a market cap of $171.83 billion, a PE ratio of 23.42, a price-to-earnings-growth ratio of 2.88 and a beta of 0.96.

Union Pacific (NYSE:UNP – Get Free Report) last issued its quarterly earnings results on Thursday, July 23rd. The railroad operator reported $3.41 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.26 by $0.15. Union Pacific had a net margin of 28.85% and a return on equity of 38.46%. The business had revenue of $6.86 billion for the quarter, compared to the consensus estimate of $6.72 billion. During the same quarter in the prior year, the company earned $3.03 EPS. The firm’s quarterly revenue was up 11.5% on a year-over-year basis. On average, equities research analysts predict that Union Pacific Corporation will post 13.02 EPS for the current fiscal year.

Union Pacific Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, September 30th. Stockholders of record on Monday, August 31st will be given a dividend of $1.42 per share. The ex-dividend date is Monday, August 31st. This is a positive change from Union Pacific’s previous quarterly dividend of $1.38. This represents a $5.68 dividend on an annualized basis and a dividend yield of 2.0%. Union Pacific’s dividend payout ratio (DPR) is currently 45.99%.

Analyst Ratings Changes

Several analysts recently commented on UNP shares. TD Cowen reaffirmed a “buy” rating and issued a $325.00 price target (up from $282.00) on shares of Union Pacific in a research note on Friday, July 24th. Evercore reissued an “outperform” rating and set a $294.00 price objective on shares of Union Pacific in a report on Thursday, June 25th. Citizens Jmp began coverage on shares of Union Pacific in a research note on Wednesday, July 15th. They issued an “outperform” rating and a $350.00 target price on the stock. Raymond James Financial reiterated a “strong-buy” rating on shares of Union Pacific in a research report on Monday, July 13th. Finally, Erste Group Bank started coverage on shares of Union Pacific in a report on Thursday, August 27th. They set a “buy” rating for the company. Two equities research analysts have rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and six have given a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $320.89.

Read Our Latest Research Report on UNP

Union Pacific Profile

(Free Report)

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.

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