MUFG Americas Holdings Corp Grows Stake in Union Pacific Co. (UNP)

MUFG Americas Holdings Corp grew its holdings in shares of Union Pacific Co. (NYSE:UNP) by 3.2% in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 79,739 shares of the railroad operator’s stock after purchasing an additional 2,458 shares during the quarter. MUFG Americas Holdings Corp’s holdings in Union Pacific were worth $9,248,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Mitsubishi UFJ Securities Holdings Co. Ltd. increased its holdings in Union Pacific by 46.6% in the 2nd quarter. Mitsubishi UFJ Securities Holdings Co. Ltd. now owns 1,070 shares of the railroad operator’s stock worth $117,000 after acquiring an additional 340 shares in the last quarter. Acrospire Investment Management LLC increased its holdings in Union Pacific by 33.3% in the 2nd quarter. Acrospire Investment Management LLC now owns 1,200 shares of the railroad operator’s stock worth $131,000 after acquiring an additional 300 shares in the last quarter. Community Bank N.A. increased its holdings in Union Pacific by 3.0% in the 2nd quarter. Community Bank N.A. now owns 1,537 shares of the railroad operator’s stock worth $168,000 after acquiring an additional 45 shares in the last quarter. Jacobi Capital Management LLC increased its holdings in Union Pacific by 6.6% in the 2nd quarter. Jacobi Capital Management LLC now owns 1,705 shares of the railroad operator’s stock worth $185,000 after acquiring an additional 105 shares in the last quarter. Finally, Yorkville Capital Management LLC purchased a new stake in Union Pacific in the 2nd quarter worth approximately $202,000. 78.56% of the stock is owned by hedge funds and other institutional investors.

Union Pacific Co. (NYSE UNP) opened at $141.97 on Tuesday. The company has a current ratio of 1.16, a quick ratio of 0.97 and a debt-to-equity ratio of 0.83. The company has a market capitalization of $111,750.00, a P/E ratio of 25.13, a PEG ratio of 1.87 and a beta of 0.90. Union Pacific Co. has a 52-week low of $101.06 and a 52-week high of $142.19.

Union Pacific (NYSE:UNP) last posted its earnings results on Thursday, October 26th. The railroad operator reported $1.50 EPS for the quarter, beating analysts’ consensus estimates of $1.49 by $0.01. The firm had revenue of $5.41 billion during the quarter, compared to the consensus estimate of $5.32 billion. Union Pacific had a return on equity of 23.35% and a net margin of 21.84%. The company’s quarterly revenue was up 4.5% compared to the same quarter last year. During the same period in the prior year, the company earned $1.36 EPS. sell-side analysts predict that Union Pacific Co. will post 5.79 earnings per share for the current fiscal year.

The company also recently announced a quarterly dividend, which was paid on Thursday, December 28th. Stockholders of record on Thursday, November 30th were given a dividend of $0.665 per share. 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 1.87%. The ex-dividend date was Wednesday, November 29th. Union Pacific’s dividend payout ratio is currently 47.08%.

UNP has been the subject of a number of research analyst reports. Daiwa Capital Markets raised shares of Union Pacific from a “hold” rating to an “outperform” rating in a report on Thursday, January 11th. Zacks Investment Research raised shares of Union Pacific from a “hold” rating to a “buy” rating and set a $157.00 price objective for the company in a report on Monday, January 15th. JPMorgan Chase & Co. increased their price objective on shares of Union Pacific from $106.00 to $113.00 and gave the company a “neutral” rating in a report on Thursday, October 12th. Scotiabank set a $150.00 price objective on shares of Union Pacific and gave the company a “hold” rating in a report on Thursday, January 11th. Finally, BMO Capital Markets reaffirmed a “buy” rating on shares of Union Pacific in a report on Friday, October 20th. Three research analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and eight have assigned a buy rating to the stock. The stock has an average rating of “Hold” and a consensus price target of $125.16.

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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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