Union Pacific Co. (UNP) Stake Boosted by Earnest Partners LLC

Earnest Partners LLC lifted its stake in Union Pacific Co. (NYSE:UNP) by 1.3% during the 2nd quarter, according to the company in its most recent filing with the SEC. The fund owned 182,667 shares of the railroad operator’s stock after acquiring an additional 2,285 shares during the quarter. Earnest Partners LLC’s holdings in Union Pacific were worth $19,894,000 at the end of the most recent reporting period.

Several other hedge funds also recently modified their holdings of UNP. Pathstone Family Office LLC lifted its holdings in Union Pacific by 41.3% during the 2nd quarter. Pathstone Family Office LLC now owns 178 shares of the railroad operator’s stock worth $2,304,000 after buying an additional 52 shares in the last quarter. Proficio Capital Partners LLC lifted its holdings in Union Pacific by 36.3% during the 1st quarter. Proficio Capital Partners LLC now owns 1,028 shares of the railroad operator’s stock worth $111,000 after buying an additional 274 shares in the last quarter. Mitsubishi UFJ Securities Holdings Co. Ltd. lifted its holdings in Union Pacific by 46.6% during the 2nd quarter. Mitsubishi UFJ Securities Holdings Co. Ltd. now owns 1,070 shares of the railroad operator’s stock worth $117,000 after buying an additional 340 shares in the last quarter. SRS Capital Advisors Inc. lifted its holdings in Union Pacific by 147.2% during the 1st quarter. SRS Capital Advisors Inc. now owns 1,152 shares of the railroad operator’s stock worth $122,000 after buying an additional 686 shares in the last quarter. Finally, Ullmann Financial Group Inc. acquired a new stake in Union Pacific during the 1st quarter worth approximately $122,000. Hedge funds and other institutional investors own 78.63% of the company’s stock.

Shares of Union Pacific Co. (NYSE:UNP) traded down $0.06 during trading hours on Tuesday, hitting $129.05. 4,923,600 shares of the company’s stock were exchanged, compared to its average volume of 3,590,231. Union Pacific Co. has a 52 week low of $101.06 and a 52 week high of $132.00. The company has a debt-to-equity ratio of 0.83, a quick ratio of 0.97 and a current ratio of 1.16. The stock has a market cap of $101,631.36, a P/E ratio of 22.81, a PEG ratio of 2.09 and a beta of 0.90.

Union Pacific (NYSE:UNP) last announced its quarterly earnings data on Thursday, October 26th. The railroad operator reported $1.50 EPS for the quarter, beating the Zacks’ consensus estimate of $1.49 by $0.01. Union Pacific had a net margin of 21.84% and a return on equity of 23.35%. The company had revenue of $5.41 billion for the quarter, compared to the consensus estimate of $5.32 billion. During the same period in the prior year, the firm posted $1.36 EPS. The company’s quarterly revenue was up 4.5% compared to the same quarter last year. research analysts expect that Union Pacific Co. will post 5.78 earnings per share for the current fiscal year.

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, December 28th. Shareholders of record on Thursday, November 30th will be given a $0.665 dividend. The ex-dividend date of this dividend is Wednesday, November 29th. This is an increase from Union Pacific’s previous quarterly dividend of $0.61. This represents a $2.66 dividend on an annualized basis and a dividend yield of 2.06%. Union Pacific’s dividend payout ratio is currently 47.00%.

A number of research firms have issued reports on UNP. BidaskClub upgraded shares of Union Pacific from a “strong sell” rating to a “sell” rating in a report on Friday, August 18th. Royal Bank of Canada reiterated a “hold” rating and set a $115.00 target price on shares of Union Pacific in a report on Friday, August 25th. J P Morgan Chase & Co increased their target price on shares of Union Pacific from $106.00 to $113.00 and gave the stock a “neutral” rating in a report on Thursday, October 12th. Stifel Nicolaus increased their target price on shares of Union Pacific from $118.00 to $120.00 and gave the stock a “hold” rating in a report on Friday, August 18th. Finally, BMO Capital Markets reiterated a “buy” rating on shares of Union Pacific in a report on Friday, October 20th. Three equities research analysts have rated the stock with a sell rating, sixteen have given a hold rating and four have assigned a buy rating to the company. The stock has an average rating of “Hold” and an average target price of $118.53.

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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.

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

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