Union Pacific Corporation $UNP Shares Bought by Lansforsakringar Fondforvaltning AB publ

Lansforsakringar Fondforvaltning AB publ lifted its holdings in Union Pacific Corporation (NYSE:UNP) by 1.5% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 186,006 shares of the railroad operator’s stock after purchasing an additional 2,788 shares during the period. Lansforsakringar Fondforvaltning AB publ’s holdings in Union Pacific were worth $43,966,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the business. Bowen Hanes & Co. Inc. raised its position in shares of Union Pacific by 0.9% during the third quarter. Bowen Hanes & Co. Inc. now owns 305,728 shares of the railroad operator’s stock worth $72,265,000 after purchasing an additional 2,770 shares during the period. Advyzon Investment Management LLC increased its stake in Union Pacific by 14.5% in the 3rd quarter. Advyzon Investment Management LLC now owns 2,621 shares of the railroad operator’s stock worth $619,000 after purchasing an additional 332 shares in the last quarter. HFR Wealth Management LLC raised its holdings in Union Pacific by 1.1% during the 3rd quarter. HFR Wealth Management LLC now owns 46,924 shares of the railroad operator’s stock worth $11,091,000 after buying an additional 489 shares during the period. Personal CFO Solutions LLC raised its holdings in Union Pacific by 7.6% during the 3rd quarter. Personal CFO Solutions LLC now owns 2,539 shares of the railroad operator’s stock worth $600,000 after buying an additional 180 shares during the period. Finally, Hillsdale Investment Management Inc. purchased a new stake in Union Pacific during the third quarter valued at about $941,000. 80.38% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently issued reports on UNP shares. Deutsche Bank Aktiengesellschaft set a $245.00 price target on shares of Union Pacific in a report on Thursday, December 11th. Citigroup reiterated a “buy” rating and set a $270.00 price target (up previously from $265.00) on shares of Union Pacific in a report on Wednesday, January 28th. Susquehanna restated a “buy” rating on shares of Union Pacific in a research report on Monday, January 19th. TD Cowen dropped their target price on Union Pacific from $257.00 to $255.00 and set a “buy” rating on the stock in a report on Wednesday, January 28th. Finally, BMO Capital Markets restated a “market perform” rating and set a $295.00 price target on shares of Union Pacific in a report on Thursday. One research analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and ten have assigned a Hold rating to the stock. According to MarketBeat.com, Union Pacific has an average rating of “Moderate Buy” and an average price target of $260.14.

Union Pacific Price Performance

NYSE UNP opened at $266.34 on Friday. The company has a quick ratio of 0.75, a current ratio of 0.91 and a debt-to-equity ratio of 1.64. The stock has a market capitalization of $158.04 billion, a PE ratio of 22.25, a price-to-earnings-growth ratio of 2.90 and a beta of 0.98. Union Pacific Corporation has a 12-month low of $204.66 and a 12-month high of $267.17. The company has a 50 day moving average price of $239.22 and a two-hundred day moving average price of $230.06.

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

Union Pacific Announces Dividend

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

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.