Union Pacific Co. (NYSE:UNP) Stake Increased by Hugh Johnson Advisors LLC

Hugh Johnson Advisors LLC lifted its stake in shares of Union Pacific Co. (NYSE:UNP) by 4.3% in the third quarter, according to its most recent filing with the SEC. The fund owned 58,646 shares of the railroad operator’s stock after acquiring an additional 2,404 shares during the period. Union Pacific makes up 2.0% of Hugh Johnson Advisors LLC’s investment portfolio, making the stock its 16th biggest position. Hugh Johnson Advisors LLC’s holdings in Union Pacific were worth $6,801,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently bought and sold shares of the company. Vanguard Group Inc. raised its stake in shares of Union Pacific by 1.9% during the second quarter. Vanguard Group Inc. now owns 61,505,708 shares of the railroad operator’s stock valued at $6,698,588,000 after acquiring an additional 1,146,109 shares during the last quarter. BlackRock Inc. raised its stake in shares of Union Pacific by 0.3% during the second quarter. BlackRock Inc. now owns 50,764,821 shares of the railroad operator’s stock valued at $5,528,796,000 after acquiring an additional 141,521 shares during the last quarter. FMR LLC raised its stake 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 valued at $1,045,870,000 after acquiring an additional 4,399,980 shares during the last quarter. TIAA CREF Investment Management LLC raised its stake in shares of Union Pacific by 0.6% during the second quarter. TIAA CREF Investment Management LLC now owns 7,948,391 shares of the railroad operator’s stock valued at $865,659,000 after acquiring an additional 46,298 shares during the last quarter. Finally, Capital World Investors raised its stake in shares of Union Pacific by 0.7% during the second quarter. Capital World Investors now owns 7,328,002 shares of the railroad operator’s stock valued at $798,093,000 after acquiring an additional 50,000 shares during the last quarter. 78.62% of the stock is owned by institutional investors.

Several equities analysts have recently commented on the stock. Zacks Investment Research raised shares of Union Pacific from a “hold” rating to a “buy” rating and set a $157.00 price objective for the company in a research note on Monday, January 15th. Scotiabank set a $150.00 price target on shares of Union Pacific and gave the company a “hold” rating in a research report on Thursday, January 11th. Daiwa Capital Markets upgraded shares of Union Pacific from a “hold” rating to an “outperform” rating in a research report on Thursday, January 11th. BMO Capital Markets reiterated a “buy” rating and set a $150.00 price target on shares of Union Pacific in a research report on Monday, January 8th. Finally, UBS Group upgraded shares of Union Pacific from a “neutral” rating to a “buy” rating in a research report on Friday, January 5th. Three analysts have rated the stock with a sell rating, fourteen have given a hold rating and nine have issued a buy rating to the stock. The company currently has an average rating of “Hold” and an average price target of $130.40.

Shares of Union Pacific Co. (NYSE:UNP) traded up $2.42 during trading on Friday, reaching $127.28. 9,046,695 shares of the company were exchanged, compared to its average volume of 5,900,000. The company has a market capitalization of $100,190.00, a P/E ratio of 9.43, a price-to-earnings-growth ratio of 1.59 and a beta of 0.84. Union Pacific Co. has a 12 month low of $101.06 and a 12 month high of $143.05. The company has a current ratio of 1.03, a quick ratio of 0.97 and a debt-to-equity ratio of 0.65.

Union Pacific (NYSE:UNP) last issued its quarterly earnings data on Thursday, January 25th. The railroad operator reported $1.53 earnings per share for the quarter, missing the Zacks’ consensus estimate of $1.54 by ($0.01). The company had revenue of $5.45 billion for the quarter, compared to the consensus estimate of $5.44 billion. Union Pacific had a net margin of 50.43% and a return on equity of 22.26%. The firm’s revenue for the quarter was up 5.5% on a year-over-year basis. During the same quarter last year, the company earned $1.39 EPS. equities research analysts predict that Union Pacific Co. will post 7.52 earnings per share for the current fiscal year.

The business also recently disclosed a quarterly dividend, which will be paid on Friday, March 30th. Investors of record on Wednesday, February 28th will be given a dividend of $0.73 per share. This is an increase from Union Pacific’s previous quarterly dividend of $0.67. The ex-dividend date is Tuesday, February 27th. This represents a $2.92 dividend on an annualized basis and a yield of 2.29%. Union Pacific’s dividend payout ratio is 19.70%.

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About Union Pacific

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.

Institutional Ownership by Quarter for Union Pacific (NYSE:UNP)

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