TCW Group Inc. increased its holdings in shares of Union Pacific Co. (NYSE:UNP) by 4.0% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 11,627 shares of the railroad operator’s stock after purchasing an additional 448 shares during the quarter. TCW Group Inc.’s holdings in Union Pacific were worth $1,348,000 at the end of the most recent reporting period.
Other large investors have also added to or reduced their stakes in the company. Vanguard Group Inc. lifted its stake in shares of Union Pacific by 1.9% during the 2nd quarter. Vanguard Group Inc. now owns 61,505,708 shares of the railroad operator’s stock worth $6,698,588,000 after acquiring an additional 1,146,109 shares during the last quarter. BlackRock Inc. lifted its stake in shares of Union Pacific by 0.3% during the 2nd quarter. BlackRock Inc. now owns 50,764,821 shares of the railroad operator’s stock worth $5,528,796,000 after acquiring an additional 141,521 shares during the last quarter. FMR LLC lifted 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 worth $1,045,870,000 after acquiring an additional 4,399,980 shares during the last quarter. TIAA CREF Investment Management LLC lifted its stake in shares of Union Pacific by 0.6% during the 2nd quarter. TIAA CREF Investment Management LLC now owns 7,948,391 shares of the railroad operator’s stock worth $865,659,000 after acquiring an additional 46,298 shares during the last quarter. Finally, Capital World Investors lifted its stake in shares of Union Pacific by 0.7% during the 2nd quarter. Capital World Investors now owns 7,328,002 shares of the railroad operator’s stock worth $798,093,000 after acquiring an additional 50,000 shares during the last quarter. Hedge funds and other institutional investors own 78.43% of the company’s stock.
A number of equities research analysts recently issued reports on UNP shares. Zacks Investment Research lowered Union Pacific from a “buy” rating to a “hold” rating in a research note on Thursday, November 2nd. Royal Bank of Canada reissued a “hold” rating and set a $124.00 price target on shares of Union Pacific in a research note 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 target price for the company. BMO Capital Markets lifted their target price on Union Pacific from $123.00 to $127.00 and gave the company an “outperform” rating in a research report on Friday, October 27th. Finally, Aegis lowered Union Pacific from a “buy” rating to a “hold” rating and lifted their target price for the company from $120.00 to $122.00 in a research report on Tuesday, October 10th. Four equities research analysts have rated the stock with a sell rating, thirteen have issued a hold rating and six have given a buy rating to the company’s stock. The company has a consensus rating of “Hold” and an average price target of $120.00.
Union Pacific Co. (NYSE UNP) opened at $137.53 on Monday. The firm has a market capitalization of $108,260.00, a PE ratio of 24.34, a P/E/G ratio of 2.00 and a beta of 0.90. Union Pacific Co. has a fifty-two week low of $101.06 and a fifty-two week high of $139.72. 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 (NYSE:UNP) last released its quarterly earnings results on Thursday, October 26th. The railroad operator reported $1.50 earnings per share for the quarter, topping analysts’ consensus estimates of $1.49 by $0.01. The company had revenue of $5.41 billion during the quarter, compared to analysts’ expectations of $5.32 billion. Union Pacific had a return on equity of 23.35% and a net margin of 21.84%. Union Pacific’s quarterly revenue was up 4.5% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $1.36 EPS. analysts forecast that Union Pacific Co. will post 5.78 earnings per share for the current fiscal year.
The company also recently announced a quarterly dividend, which was paid on Thursday, December 28th. Shareholders of record on Thursday, November 30th were issued a dividend of $0.665 per share. The ex-dividend date was Wednesday, November 29th. This represents a $2.66 dividend on an annualized basis and a dividend yield of 1.93%. This is a boost from Union Pacific’s previous quarterly dividend of $0.61. Union Pacific’s dividend payout ratio is presently 47.08%.
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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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