Union Pacific Co. (NYSE:UNP) Shares Purchased by US Bancorp DE

US Bancorp DE increased its stake in Union Pacific Co. (NYSE:UNP) by 0.0% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 866,084 shares of the railroad operator’s stock after purchasing an additional 176 shares during the period. US Bancorp DE’s holdings in Union Pacific were worth $212,728,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors also recently bought and sold shares of UNP. Norges Bank purchased a new stake in shares of Union Pacific during the fourth quarter valued at $1,832,127,000. Clearbridge Investments LLC grew its stake in Union Pacific by 108.9% during the 3rd quarter. Clearbridge Investments LLC now owns 4,128,575 shares of the railroad operator’s stock valued at $840,702,000 after purchasing an additional 2,151,893 shares during the last quarter. FMR LLC increased its holdings in shares of Union Pacific by 62.8% in the third quarter. FMR LLC now owns 5,496,708 shares of the railroad operator’s stock valued at $1,119,295,000 after purchasing an additional 2,119,382 shares during the period. The Manufacturers Life Insurance Company raised its stake in shares of Union Pacific by 65.5% in the third quarter. The Manufacturers Life Insurance Company now owns 2,348,496 shares of the railroad operator’s stock worth $478,224,000 after purchasing an additional 929,495 shares during the last quarter. Finally, Cerity Partners LLC lifted its holdings in shares of Union Pacific by 331.7% during the fourth quarter. Cerity Partners LLC now owns 1,143,298 shares of the railroad operator’s stock worth $280,817,000 after purchasing an additional 878,490 shares during the period. Hedge funds and other institutional investors own 80.38% of the company’s stock.

Union Pacific Trading Down 1.0 %

Shares of Union Pacific stock traded down $2.36 during trading hours on Thursday, hitting $232.35. The company’s stock had a trading volume of 1,126,805 shares, compared to its average volume of 2,225,500. The firm has a fifty day moving average of $240.72 and a 200-day moving average of $239.43. The company has a debt-to-equity ratio of 1.99, a quick ratio of 0.76 and a current ratio of 0.93. The stock has a market cap of $141.76 billion, a price-to-earnings ratio of 22.25, a P/E/G ratio of 1.91 and a beta of 1.06. Union Pacific Co. has a twelve month low of $190.71 and a twelve month high of $258.66.

Union Pacific (NYSE:UNP) last announced its quarterly earnings data on Thursday, April 25th. The railroad operator reported $2.69 earnings per share for the quarter, beating analysts’ consensus estimates of $2.50 by $0.19. Union Pacific had a net margin of 26.52% and a return on equity of 44.34%. The firm had revenue of $6.03 billion during the quarter, compared to analysts’ expectations of $5.97 billion. During the same quarter in the previous year, the business posted $2.67 earnings per share. The business’s quarterly revenue was down .4% compared to the same quarter last year. Research analysts forecast that Union Pacific Co. will post 11.25 EPS for the current year.

Union Pacific Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, June 28th. Investors of record on Friday, May 31st will be given a $1.30 dividend. This represents a $5.20 dividend on an annualized basis and a dividend yield of 2.24%. The ex-dividend date of this dividend is Friday, May 31st. Union Pacific’s dividend payout ratio (DPR) is 49.62%.

Wall Street Analyst Weigh In

UNP has been the topic of several recent research reports. Royal Bank of Canada lowered their price target on shares of Union Pacific from $282.00 to $272.00 and set an “outperform” rating on the stock in a report on Friday, January 26th. Morgan Stanley boosted their target price on shares of Union Pacific from $198.00 to $210.00 and gave the company an “equal weight” rating in a research note on Friday, April 26th. BMO Capital Markets raised their price target on shares of Union Pacific from $270.00 to $275.00 and gave the company an “outperform” rating in a research report on Friday, January 26th. StockNews.com upgraded shares of Union Pacific from a “hold” rating to a “buy” rating in a research report on Friday, April 26th. Finally, Jefferies Financial Group initiated coverage on Union Pacific in a research report on Monday, April 8th. They set a “hold” rating and a $250.00 target price on the stock. Six investment analysts have rated the stock with a hold rating, thirteen have issued a buy rating and one has issued a strong buy rating to the company. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $259.61.

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.