Axa increased its holdings in shares of Union Pacific Corporation (NYSE:UNP) by 6.0% in the second quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 1,139,118 shares of the railroad operator’s stock after purchasing an additional 64,850 shares during the quarter. Axa owned 0.14% of Union Pacific Corporation worth $124,061,000 as of its most recent filing with the SEC.
A number of other hedge funds and other institutional investors have also bought and sold shares of the stock. Haverford Trust Co. boosted its position in Union Pacific Corporation by 0.5% during the 1st quarter. Haverford Trust Co. now owns 53,489 shares of the railroad operator’s stock worth $5,666,000 after acquiring an additional 244 shares during the last quarter. Montecito Bank & Trust boosted its position in Union Pacific Corporation by 20.0% during the 1st quarter. Montecito Bank & Trust now owns 8,065 shares of the railroad operator’s stock worth $854,000 after acquiring an additional 1,344 shares during the last quarter. Lincoln National Corp boosted its position in Union Pacific Corporation by 49.8% during the 1st quarter. Lincoln National Corp now owns 12,007 shares of the railroad operator’s stock worth $1,272,000 after acquiring an additional 3,991 shares during the last quarter. Karp Capital Management Corp acquired a new position in Union Pacific Corporation during the 1st quarter worth approximately $43,185,000. Finally, Smith Salley & Associates boosted its position in Union Pacific Corporation by 704.8% during the 1st quarter. Smith Salley & Associates now owns 52,346 shares of the railroad operator’s stock worth $5,544,000 after acquiring an additional 45,842 shares during the last quarter. 79.66% of the stock is owned by institutional investors and hedge funds.
Union Pacific Corporation (UNP) opened at $115.63 on Friday. The company has a debt-to-equity ratio of 0.83, a current ratio of 1.16 and a quick ratio of 0.97. Union Pacific Corporation has a 12-month low of $98.60 and a 12-month high of $119.71. The company has a market capitalization of $91,760.00, a price-to-earnings ratio of 20.53, a P/E/G ratio of 1.88 and a beta of 0.87.
Union Pacific Corporation (NYSE:UNP) last issued its quarterly earnings results on Thursday, October 26th. The railroad operator reported $1.50 EPS for the quarter, topping the Zacks’ consensus estimate of $1.49 by $0.01. Union Pacific Corporation had a return on equity of 23.35% and a net margin of 21.84%. The company had revenue of $5.41 billion for the quarter, compared to analysts’ expectations of $5.32 billion. During the same quarter last year, the business earned $1.36 earnings per share. Union Pacific Corporation’s revenue was up 4.5% on a year-over-year basis. analysts expect that Union Pacific Corporation will post 5.78 EPS for the current fiscal year.
The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, December 28th. Investors of record on Thursday, November 30th will be paid a $0.665 dividend. The ex-dividend date of this dividend is Wednesday, November 29th. This is a positive change from Union Pacific Corporation’s previous quarterly dividend of $0.61. This represents a $2.66 annualized dividend and a yield of 2.30%. Union Pacific Corporation’s dividend payout ratio (DPR) is 42.83%.
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A number of equities analysts have weighed in on the company. UBS AG upped their price target on Union Pacific Corporation from $115.00 to $126.00 and gave the stock a “neutral” rating in a research report on Friday, October 27th. Loop Capital increased their price objective on Union Pacific Corporation from $118.00 to $120.00 and gave the company a “hold” rating in a report on Monday, October 30th. Royal Bank Of Canada reissued a “hold” rating and issued a $124.00 price objective on shares of Union Pacific Corporation in a report on Thursday, November 9th. Goldman Sachs Group, Inc. (The) started coverage on Union Pacific Corporation in a report on Monday, November 13th. They issued a “sell” rating and a $103.00 price objective for the company. Finally, BMO Capital Markets increased their price objective on Union Pacific Corporation from $123.00 to $127.00 and gave the company an “outperform” rating in a report on Friday, October 27th. Four research analysts have rated the stock with a sell rating, sixteen have issued a hold rating and four have given a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and an average target price of $117.59.
Union Pacific Corporation 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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