ProShare Advisors LLC Grows Stock Position in Union Pacific Corporation $UNP

ProShare Advisors LLC raised its position in Union Pacific Corporation (NYSE:UNP) by 6.5% during the 3rd quarter, according to its most recent filing with the SEC. The firm owned 109,624 shares of the railroad operator’s stock after buying an additional 6,732 shares during the quarter. ProShare Advisors LLC’s holdings in Union Pacific were worth $25,912,000 as of its most recent filing with the SEC.

Other large investors also recently bought and sold shares of the company. Union Bancaire Privee UBP SA raised its holdings in Union Pacific by 9.8% during the third quarter. Union Bancaire Privee UBP SA now owns 52,849 shares of the railroad operator’s stock worth $12,492,000 after purchasing an additional 4,707 shares during the last quarter. CX Institutional grew its holdings in Union Pacific by 39.8% in the third quarter. CX Institutional now owns 65,826 shares of the railroad operator’s stock valued at $15,559,000 after purchasing an additional 18,742 shares during the last quarter. Thrivent Financial for Lutherans increased its position in shares of Union Pacific by 15.1% in the third quarter. Thrivent Financial for Lutherans now owns 135,188 shares of the railroad operator’s stock valued at $31,955,000 after buying an additional 17,696 shares in the last quarter. AustralianSuper Pty Ltd acquired a new position in shares of Union Pacific during the 3rd quarter worth $802,000. Finally, Bessemer Group Inc. raised its stake in shares of Union Pacific by 29.6% during the 3rd quarter. Bessemer Group Inc. now owns 653,589 shares of the railroad operator’s stock worth $154,488,000 after buying an additional 149,158 shares during the last quarter. Hedge funds and other institutional investors own 80.38% of the company’s stock.

Analyst Upgrades and Downgrades

UNP has been the topic of several recent research reports. Raymond James Financial restated a “strong-buy” rating on shares of Union Pacific in a research report on Tuesday, January 27th. JPMorgan Chase & Co. cut their target price on shares of Union Pacific from $270.00 to $265.00 and set a “neutral” rating for the company in a research note on Wednesday, January 28th. Royal Bank Of Canada set a $280.00 target price on shares of Union Pacific in a report on Thursday, December 18th. TD Cowen lowered their price target on shares of Union Pacific from $257.00 to $255.00 and set a “buy” rating for the company in a report on Wednesday, January 28th. Finally, Susquehanna reissued a “buy” rating on shares of Union Pacific in a research report on Monday, January 19th. One research analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and ten have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $258.32.

Union Pacific Stock Up 2.8%

Shares of NYSE UNP opened at $261.47 on Wednesday. The stock has a fifty day moving average price of $234.90 and a 200 day moving average price of $227.90. The company has a current ratio of 0.91, a quick ratio of 0.60 and a debt-to-equity ratio of 1.64. Union Pacific Corporation has a 12-month low of $204.66 and a 12-month high of $261.55. The company has a market cap of $155.15 billion, a P/E ratio of 21.84, a P/E/G ratio of 2.77 and a beta of 0.98.

Union Pacific (NYSE:UNP) last released its quarterly earnings results on Tuesday, January 27th. The railroad operator reported $2.86 earnings per share for the quarter, missing analysts’ consensus estimates of $2.92 by ($0.06). Union Pacific had a net margin of 29.12% and a return on equity of 40.89%. The firm had revenue of $6.09 billion for the quarter, compared to analyst estimates of $6.15 billion. During the same period in the previous year, the business posted $2.91 earnings per share. Union Pacific’s revenue for the quarter was down .6% on a year-over-year basis. Research analysts anticipate that Union Pacific Corporation will post 11.99 EPS for the current fiscal year.

Union Pacific Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Tuesday, March 31st. Investors of record on Friday, February 27th will be given a dividend of $1.38 per share. This represents a $5.52 annualized dividend and a dividend yield of 2.1%. The ex-dividend date of this dividend is Friday, February 27th. Union Pacific’s dividend payout ratio is currently 46.12%.

Union Pacific 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.