Strs Ohio Has $33.32 Million Position in Union Pacific Corporation $UNP

Strs Ohio lessened its stake in shares of Union Pacific Corporation (NYSE:UNP) by 3.4% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 140,983 shares of the railroad operator’s stock after selling 4,962 shares during the period. Strs Ohio’s holdings in Union Pacific were worth $33,324,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently modified their holdings of the stock. Norges Bank acquired a new position in Union Pacific in the second quarter valued at about $1,856,340,000. Fisher Asset Management LLC increased its holdings in Union Pacific by 0.7% in the 2nd quarter. Fisher Asset Management LLC now owns 6,398,715 shares of the railroad operator’s stock valued at $1,472,217,000 after buying an additional 46,436 shares during the period. Amundi raised its position in shares of Union Pacific by 35.6% in the 2nd quarter. Amundi now owns 4,782,577 shares of the railroad operator’s stock valued at $1,134,236,000 after buying an additional 1,255,231 shares in the last quarter. Arrowstreet Capital Limited Partnership lifted its holdings in shares of Union Pacific by 32.8% during the 2nd quarter. Arrowstreet Capital Limited Partnership now owns 3,152,042 shares of the railroad operator’s stock worth $725,222,000 after acquiring an additional 778,411 shares during the period. Finally, Laurel Wealth Advisors LLC lifted its holdings in shares of Union Pacific by 22,618.2% during the 2nd quarter. Laurel Wealth Advisors LLC now owns 2,624,636 shares of the railroad operator’s stock worth $603,876,000 after acquiring an additional 2,613,083 shares during the period. 80.38% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

A number of research analysts recently issued reports on UNP shares. Royal Bank Of Canada set a $280.00 price objective on shares of Union Pacific in a research note on Thursday, December 18th. TD Cowen reiterated a “buy” rating on shares of Union Pacific in a research note on Friday, October 24th. Citigroup set a $264.00 price objective on Union Pacific and gave the stock a “buy” rating in a research report on Thursday, January 8th. UBS Group set a $253.00 price objective on Union Pacific and gave the company a “neutral” rating in a research note on Friday, October 3rd. Finally, BMO Capital Markets set a $255.00 target price on Union Pacific in a research note on Wednesday, January 7th. One analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating and eleven have issued a Hold rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $258.18.

Union Pacific Price Performance

Shares of NYSE UNP opened at $229.67 on Friday. The firm has a market capitalization of $136.23 billion, a P/E ratio of 19.51, a P/E/G ratio of 2.66 and a beta of 0.99. The firm’s 50-day moving average price is $231.23 and its 200-day moving average price is $226.94. The company has a current ratio of 0.75, a quick ratio of 0.60 and a debt-to-equity ratio of 1.75. Union Pacific Corporation has a 1-year low of $204.66 and a 1-year high of $256.84.

Union Pacific (NYSE:UNP) last issued its earnings results on Thursday, October 23rd. The railroad operator reported $3.08 EPS for the quarter, beating analysts’ consensus estimates of $2.99 by $0.09. The business had revenue of $6.24 billion during the quarter, compared to analyst estimates of $6.24 billion. Union Pacific had a return on equity of 42.23% and a net margin of 28.73%.The firm’s revenue was up 2.5% compared to the same quarter last year. During the same period in the previous year, the company posted $2.75 EPS. Equities research analysts anticipate that Union Pacific Corporation will post 11.99 earnings per share for the current fiscal year.

Union Pacific Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, December 30th. Stockholders of record on Friday, December 5th were given a dividend of $1.38 per share. This represents a $5.52 dividend on an annualized basis and a dividend yield of 2.4%. The ex-dividend date of this dividend was Friday, December 5th. Union Pacific’s dividend payout ratio is presently 46.90%.

About Union Pacific

Union Pacific Corporation (NYSE: UNP) is one of the largest freight railroad companies in the United States. Its principal operating subsidiary, Union Pacific Railroad, has roots that trace back to the Pacific Railway Act of 1862 and the construction of the first transcontinental rail link completed in 1869. The company is headquartered in Omaha, Nebraska, and operates as a holding company for rail transportation and related services.

Union Pacific’s core business is the movement of freight by rail across an extensive rail network serving the western two‑thirds of the United States.