Raiffeisen Bank International AG Acquires 3,825 Shares of Union Pacific Corporation $UNP

Raiffeisen Bank International AG raised its holdings in shares of Union Pacific Corporation (NYSE:UNP) by 1.5% in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 256,822 shares of the railroad operator’s stock after buying an additional 3,825 shares during the period. Raiffeisen Bank International AG’s holdings in Union Pacific were worth $60,656,000 at the end of the most recent reporting period.

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

Union Pacific Stock Performance

Shares of UNP opened at $266.34 on Friday. The company has a 50-day simple moving average of $239.22 and a two-hundred day simple moving average of $230.01. The company has a debt-to-equity ratio of 1.64, a current ratio of 0.91 and a quick ratio of 0.75. The firm has a market capitalization of $158.04 billion, a PE ratio of 22.25, a price-to-earnings-growth ratio of 2.87 and a beta of 0.98. Union Pacific Corporation has a one year low of $204.66 and a one year high of $267.17.

Union Pacific (NYSE:UNP) last posted its 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). The firm had revenue of $6.09 billion for the quarter, compared to analysts’ expectations of $6.15 billion. Union Pacific had a return on equity of 40.89% and a net margin of 29.12%.The firm’s revenue was down .6% on a year-over-year basis. During the same quarter last year, the company posted $2.91 EPS. On average, analysts anticipate that Union Pacific Corporation will post 11.99 EPS for the current fiscal year.

Union Pacific Dividend Announcement

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

Analyst Upgrades and Downgrades

A number of equities research analysts have issued reports on UNP shares. JPMorgan Chase & Co. cut their price target on shares of Union Pacific from $270.00 to $265.00 and set a “neutral” rating on the stock in a report on Wednesday, January 28th. Barclays reiterated an “overweight” rating and set a $285.00 target price (up from $270.00) on shares of Union Pacific in a report on Tuesday, December 16th. Deutsche Bank Aktiengesellschaft set a $245.00 price target on Union Pacific in a report on Thursday, December 11th. BMO Capital Markets reiterated a “market perform” rating and issued a $295.00 price objective on shares of Union Pacific in a research report on Thursday. Finally, Royal Bank Of Canada set a $280.00 target price on Union Pacific in a research note on Thursday, December 18th. One equities research analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating and ten have given a Hold rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $260.14.

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.