Rathbone Brothers plc boosted its holdings in Union Pacific Co. (NYSE:UNP) by 2.1% in the fourth quarter, Holdings Channel reports. The institutional investor owned 39,685 shares of the railroad operator’s stock after acquiring an additional 800 shares during the period. Rathbone Brothers plc’s holdings in Union Pacific were worth $5,322,000 as of its most recent filing with the SEC.
A number of other large investors have also modified their holdings of the business. FMR LLC grew its stake in shares of Union Pacific by 84.6% during the 2nd quarter. FMR LLC now owns 9,603,068 shares of the railroad operator’s stock valued at $1,045,870,000 after purchasing an additional 4,399,980 shares during the period. Janus Henderson Group PLC grew its stake in shares of Union Pacific by 990.5% during the 2nd quarter. Janus Henderson Group PLC now owns 2,243,574 shares of the railroad operator’s stock valued at $244,339,000 after purchasing an additional 2,037,834 shares during the period. Voya Investment Management LLC grew its stake in shares of Union Pacific by 88.7% during the 2nd quarter. Voya Investment Management LLC now owns 4,060,423 shares of the railroad operator’s stock valued at $442,221,000 after purchasing an additional 1,908,175 shares during the period. Ameriprise Financial Inc. grew its stake in shares of Union Pacific by 59.3% during the 2nd quarter. Ameriprise Financial Inc. now owns 4,773,609 shares of the railroad operator’s stock valued at $519,785,000 after purchasing an additional 1,776,644 shares during the period. Finally, Canada Pension Plan Investment Board grew its stake in shares of Union Pacific by 88.5% during the 3rd quarter. Canada Pension Plan Investment Board now owns 3,558,005 shares of the railroad operator’s stock valued at $412,622,000 after purchasing an additional 1,670,095 shares during the period. 78.28% of the stock is owned by institutional investors and hedge funds.
Union Pacific Co. (NYSE UNP) opened at $134.27 on Monday. Union Pacific Co. has a 52 week low of $101.06 and a 52 week high of $143.05. The company has a quick ratio of 0.97, a current ratio of 1.02 and a debt-to-equity ratio of 0.65. The firm has a market capitalization of $104,640.00, a P/E ratio of 22.49, a price-to-earnings-growth ratio of 1.68 and a beta of 0.84.
Union Pacific (NYSE:UNP) last posted its quarterly earnings results on Thursday, January 25th. The railroad operator reported $1.53 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $1.54 by ($0.01). Union Pacific had a return on equity of 22.26% and a net margin of 50.43%. The business had revenue of $5.45 billion during the quarter, compared to the consensus estimate of $5.44 billion. During the same quarter in the previous year, the company earned $1.39 earnings per share. The company’s revenue for the quarter was up 5.5% compared to the same quarter last year. equities analysts anticipate that Union Pacific Co. will post 7.51 earnings per share for the current fiscal year.
The firm also recently declared a quarterly dividend, which will be paid on Friday, March 30th. Shareholders of record on Wednesday, February 28th will be paid a $0.73 dividend. This represents a $2.92 annualized dividend and a yield of 2.17%. This is an increase from Union Pacific’s previous quarterly dividend of $0.67. The ex-dividend date is Tuesday, February 27th. Union Pacific’s dividend payout ratio is presently 44.56%.
A number of equities research analysts have issued reports on UNP shares. UBS Group upgraded Union Pacific from a “neutral” rating to a “buy” rating in a research note on Friday, January 5th. BMO Capital Markets restated a “buy” rating and set a $150.00 price target on shares of Union Pacific in a research note on Monday, January 8th. Royal Bank of Canada restated a “hold” rating and set a $124.00 price target on shares of Union Pacific in a research note on Thursday, November 9th. Zacks Investment Research downgraded Union Pacific from a “buy” rating to a “hold” rating in a research note on Thursday, November 2nd. Finally, Goldman Sachs Group started coverage on Union Pacific in a research note on Monday, November 13th. They set a “sell” rating and a $103.00 price target for the company. Three equities research analysts have rated the stock with a sell rating, thirteen have issued a hold rating and ten have given a buy rating to the company. The company has a consensus rating of “Hold” and an average target price of $130.40.
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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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