Schroder Investment Management Group Cuts Stake in Union Pacific Corporation $UNP

Schroder Investment Management Group cut its stake in shares of Union Pacific Corporation (NYSE:UNP) by 1.8% in the 3rd quarter, Holdings Channel.com reports. The fund owned 256,487 shares of the railroad operator’s stock after selling 4,771 shares during the period. Schroder Investment Management Group’s holdings in Union Pacific were worth $60,626,000 as of its most recent SEC filing.

Several other large investors have also recently modified their holdings of the stock. Caitlin John LLC bought a new position in Union Pacific in the 3rd quarter worth about $27,000. Howard Hughes Medical Institute bought a new stake in Union Pacific during the 2nd quarter valued at about $30,000. Total Investment Management Inc. bought a new stake in Union Pacific during the 2nd quarter valued at about $31,000. Financial Gravity Companies Inc. purchased a new position in Union Pacific in the second quarter worth about $31,000. Finally, Sagard Holdings Management Inc. bought a new position in shares of Union Pacific in the second quarter worth approximately $33,000. Hedge funds and other institutional investors own 80.38% of the company’s stock.

Union Pacific Stock Performance

UNP stock opened at $250.16 on Wednesday. The company has a debt-to-equity ratio of 1.64, a current ratio of 0.91 and a quick ratio of 0.75. Union Pacific Corporation has a 1 year low of $204.66 and a 1 year high of $268.14. The company has a market cap of $148.44 billion, a P/E ratio of 20.90, a price-to-earnings-growth ratio of 2.77 and a beta of 0.95. The stock’s fifty day moving average price is $245.61 and its 200-day moving average price is $233.41.

Union Pacific (NYSE:UNP) last posted its quarterly earnings data on Tuesday, January 27th. The railroad operator reported $2.86 EPS 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 analysts’ expectations of $6.15 billion. During the same quarter last year, the company posted $2.91 EPS. The firm’s revenue was down .6% compared to the same quarter last year. On average, equities analysts forecast that Union Pacific Corporation will post 11.99 earnings per share for the current year.

Union Pacific Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, March 31st. Shareholders of record on Friday, February 27th will be issued a dividend of $1.38 per share. This represents a $5.52 dividend on an annualized basis and a yield of 2.2%. The ex-dividend date of this dividend is Friday, February 27th. Union Pacific’s dividend payout ratio is currently 46.12%.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently commented on the stock. Robert W. Baird set a $311.00 price target on shares of Union Pacific and gave the company an “outperform” rating in a report on Friday. Royal Bank Of Canada set a $280.00 price objective on shares of Union Pacific in a report on Thursday, December 18th. Susquehanna reaffirmed a “buy” rating on shares of Union Pacific in a research report on Monday, January 19th. The Goldman Sachs Group reiterated a “neutral” rating and set a $267.00 target price on shares of Union Pacific in a research note on Tuesday, January 27th. Finally, Deutsche Bank Aktiengesellschaft set a $245.00 target price on Union Pacific in a report on Thursday, December 11th. One research analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and nine have issued a Hold rating to the stock. According to MarketBeat, Union Pacific currently has a consensus rating of “Moderate Buy” and a consensus price target of $263.77.

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.