Fayez Sarofim & Co. Increases Holdings in Union Pacific Co. (NYSE:UNP)

Fayez Sarofim & Co. lifted its holdings in shares of Union Pacific Co. (NYSE:UNP) by 11.9% during the 2nd quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 1,905,599 shares of the railroad operator’s stock after acquiring an additional 202,819 shares during the period. Fayez Sarofim & Co. owned 0.24% of Union Pacific worth $207,539,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also modified their holdings of UNP. Mark Sheptoff Financial Planning LLC grew its position in Union Pacific by 96.3% during the first quarter. Mark Sheptoff Financial Planning LLC now owns 1,021 shares of the railroad operator’s stock valued at $108,000 after acquiring an additional 501 shares during the period. Proficio Capital Partners LLC boosted its position in shares of Union Pacific by 36.3% in the first 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 during the period. Mitsubishi UFJ Securities Holdings Co. Ltd. boosted its position in shares of Union Pacific by 46.6% in the second 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 during the period. SRS Capital Advisors Inc. lifted its stake in shares of Union Pacific by 147.2% in the first quarter. SRS Capital Advisors Inc. now owns 1,152 shares of the railroad operator’s stock worth $122,000 after acquiring an additional 686 shares in the last quarter. Finally, Ullmann Financial Group Inc. acquired a new position in shares of Union Pacific in the first quarter worth about $122,000. 78.63% of the stock is currently owned by institutional investors and hedge funds.

UNP has been the topic of several research reports. UBS upped their price objective on Union Pacific from $115.00 to $126.00 and gave the company a “neutral” rating in a research note on Friday, October 27th. Loop Capital increased their price target on Union Pacific from $118.00 to $120.00 and gave the stock a “hold” rating in a research 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 in a report on Thursday, November 9th. Goldman Sachs Group started coverage on Union Pacific in a research report on Monday, November 13th. They set a “sell” rating and a $103.00 price objective for the company. Finally, BMO Capital Markets increased their target price on Union Pacific from $123.00 to $127.00 and gave the company an “outperform” rating in a report on Friday, October 27th. Three research analysts have rated the stock with a sell rating, sixteen have assigned a hold rating and four have assigned a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and a consensus target price of $118.53.

Shares of Union Pacific Co. (NYSE UNP) traded down $2.07 during trading hours on Wednesday, reaching $128.01. 4,953,100 shares of the company’s stock traded hands, compared to its average volume of 3,578,673. The company has a quick ratio of 0.97, a current ratio of 1.16 and a debt-to-equity ratio of 0.83. The company has a market cap of $102,394.91, a PE ratio of 22.98, a PEG ratio of 2.11 and a beta of 0.90. Union Pacific Co. has a 52-week low of $101.06 and a 52-week high of $132.00.

Union Pacific (NYSE:UNP) last announced its quarterly earnings results 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 business had revenue of $5.41 billion for the quarter, compared to analyst estimates of $5.32 billion. During the same quarter in the prior year, the business earned $1.36 EPS. Union Pacific’s quarterly revenue was up 4.5% on a year-over-year basis. research analysts expect that Union Pacific Co. will post 5.78 EPS for the current year.

The company also recently declared a quarterly dividend, which will be paid on Thursday, December 28th. Stockholders of record on Thursday, November 30th will be issued a dividend of $0.665 per share. This represents a $2.66 dividend on an annualized basis and a dividend yield of 2.08%. The ex-dividend date is Wednesday, November 29th. This is an increase from Union Pacific’s previous quarterly dividend of $0.61. Union Pacific’s dividend payout ratio is 47.00%.

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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.

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

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