MassMutual Private Wealth & Trust FSB increased its holdings in shares of Union Pacific Co. (NYSE:UNP – Free Report) by 20.7% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 53,850 shares of the railroad operator’s stock after acquiring an additional 9,218 shares during the period. MassMutual Private Wealth & Trust FSB’s holdings in Union Pacific were worth $12,280,000 at the end of the most recent reporting period.
A number of other institutional investors and hedge funds have also added to or reduced their stakes in UNP. Marshall Wace LLP boosted its stake in Union Pacific by 272.3% in the 2nd quarter. Marshall Wace LLP now owns 1,678,108 shares of the railroad operator’s stock valued at $379,689,000 after buying an additional 1,227,318 shares in the last quarter. International Assets Investment Management LLC lifted its holdings in shares of Union Pacific by 19,878.6% during the third quarter. International Assets Investment Management LLC now owns 896,040 shares of the railroad operator’s stock valued at $220,856,000 after acquiring an additional 891,555 shares during the period. Franklin Resources Inc. boosted its stake in shares of Union Pacific by 9.3% in the 3rd quarter. Franklin Resources Inc. now owns 7,322,450 shares of the railroad operator’s stock valued at $1,795,993,000 after purchasing an additional 625,492 shares in the last quarter. Impax Asset Management Group plc grew its holdings in shares of Union Pacific by 2,025.4% in the 3rd quarter. Impax Asset Management Group plc now owns 546,236 shares of the railroad operator’s stock worth $134,636,000 after purchasing an additional 520,536 shares during the last quarter. Finally, Jennison Associates LLC increased its position in shares of Union Pacific by 170.9% during the 3rd quarter. Jennison Associates LLC now owns 736,246 shares of the railroad operator’s stock worth $181,470,000 after purchasing an additional 464,477 shares in the last quarter. Institutional investors own 80.38% of the company’s stock.
Analyst Upgrades and Downgrades
Several analysts have weighed in on the stock. Citigroup upped their price objective on shares of Union Pacific from $255.00 to $267.00 and gave the stock a “neutral” rating in a research note on Tuesday, November 12th. Robert W. Baird decreased their price target on Union Pacific from $270.00 to $260.00 and set an “outperform” rating on the stock in a research report on Friday, October 25th. TD Cowen cut their price objective on Union Pacific from $255.00 to $252.00 and set a “buy” rating for the company in a research report on Friday, October 25th. Stifel Nicolaus decreased their target price on Union Pacific from $262.00 to $253.00 and set a “buy” rating on the stock in a report on Thursday. Finally, JPMorgan Chase & Co. lowered their target price on Union Pacific from $263.00 to $252.00 and set a “neutral” rating for the company in a research note on Friday, October 25th. Nine investment analysts have rated the stock with a hold rating, eleven have issued a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $259.35.
Union Pacific Stock Down 0.4 %
Shares of NYSE:UNP opened at $233.99 on Monday. The company has a 50 day moving average price of $233.83 and a two-hundred day moving average price of $238.95. The company has a debt-to-equity ratio of 1.79, a quick ratio of 0.63 and a current ratio of 0.77. The company has a market capitalization of $141.86 billion, a PE ratio of 21.49, a PEG ratio of 2.02 and a beta of 1.06. Union Pacific Co. has a 52 week low of $218.55 and a 52 week high of $258.66.
Union Pacific (NYSE:UNP – Get Free Report) last released its quarterly earnings data on Thursday, October 24th. The railroad operator reported $2.75 earnings per share for the quarter, missing the consensus estimate of $2.78 by ($0.03). The business had revenue of $6.09 billion for the quarter, compared to the consensus estimate of $6.14 billion. Union Pacific had a net margin of 27.33% and a return on equity of 41.79%. The company’s revenue for the quarter was up 2.5% on a year-over-year basis. During the same quarter last year, the firm earned $2.51 EPS. Analysts forecast that Union Pacific Co. will post 10.95 earnings per share for the current year.
Union Pacific Dividend Announcement
The business also recently disclosed a quarterly dividend, which was paid on Monday, December 30th. Investors of record on Monday, December 9th were given a $1.34 dividend. The ex-dividend date was Monday, December 9th. This represents a $5.36 annualized dividend and a yield of 2.29%. Union Pacific’s dividend payout ratio is currently 49.22%.
Union Pacific Company Profile
Union Pacific Corporation, through its subsidiary, Union Pacific Railroad Company, operates in the railroad business in the United States. The company offers transportation services for grain and grain products, fertilizers, food and refrigerated products, and coal and renewables to grain processors, animal feeders, ethanol producers, renewable biofuel producers, and other agricultural users; and construction products, industrial chemicals, plastics, forest products, specialized products, metals and ores, petroleum, liquid petroleum gases, soda ash, and sand, as well as finished automobiles, automotive parts, and merchandise in intermodal containers.
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