Y Intercept Hong Kong Ltd Has $6.42 Million Stake in Union Pacific Corporation $UNP

Y Intercept Hong Kong Ltd lifted its holdings in shares of Union Pacific Corporation (NYSE:UNP) by 13.6% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 27,145 shares of the railroad operator’s stock after purchasing an additional 3,254 shares during the quarter. Y Intercept Hong Kong Ltd’s holdings in Union Pacific were worth $6,416,000 as of its most recent SEC filing.

A number of other hedge funds have also recently added to or reduced their stakes in the stock. Norges Bank bought a new stake in shares of Union Pacific during the 2nd quarter valued at $1,856,340,000. Laurel Wealth Advisors LLC increased its holdings in Union Pacific by 22,618.2% in the 2nd quarter. Laurel Wealth Advisors LLC now owns 2,624,636 shares of the railroad operator’s stock valued at $603,876,000 after buying an additional 2,613,083 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. Rothschild & Co Wealth Management UK Ltd lifted its holdings in shares of Union Pacific by 3,536.2% during the 2nd quarter. Rothschild & Co Wealth Management UK Ltd now owns 1,011,677 shares of the railroad operator’s stock worth $232,767,000 after acquiring an additional 983,855 shares during the period. Finally, Arrowstreet Capital Limited Partnership increased its stake in Union Pacific by 32.8% in the second quarter. Arrowstreet Capital Limited Partnership now owns 3,152,042 shares of the railroad operator’s stock valued at $725,222,000 after acquiring an additional 778,411 shares during the last quarter. Institutional investors own 80.38% of the company’s stock.

Union Pacific Stock Performance

Shares of UNP opened at $229.67 on Friday. The company has a market cap of $136.23 billion, a PE ratio of 19.51, a P/E/G ratio of 2.65 and a beta of 0.99. The company has a debt-to-equity ratio of 1.75, a current ratio of 0.75 and a quick ratio of 0.60. Union Pacific Corporation has a one year low of $204.66 and a one year high of $256.84. The stock has a 50-day moving average of $231.23 and a 200-day moving average of $226.87.

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

Union Pacific Announces Dividend

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

Wall Street Analysts Forecast Growth

Several equities research analysts recently issued reports on the stock. BMO Capital Markets set a $255.00 price target on shares of Union Pacific in a report on Wednesday, January 7th. Royal Bank Of Canada set a $280.00 target price 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. UBS Group set a $253.00 price objective on Union Pacific and gave the company a “neutral” rating in a report on Friday, October 3rd. Finally, Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Union Pacific in a report on Wednesday. One equities research analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating and eleven have given a Hold rating to the company. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $258.18.

Union Pacific Company Profile

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.