Mirova Purchases 3,905 Shares of Union Pacific Corporation $UNP

Mirova grew its position in Union Pacific Corporation (NYSE:UNP) by 12.7% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 34,708 shares of the railroad operator’s stock after buying an additional 3,905 shares during the quarter. Union Pacific accounts for about 1.2% of Mirova’s portfolio, making the stock its 28th largest holding. Mirova’s holdings in Union Pacific were worth $8,204,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in the company. Caitlin John LLC bought a new position in Union Pacific in the third quarter valued at approximately $27,000. Saranac Partners Ltd bought a new stake in Union Pacific during the third quarter worth $27,000. Howard Hughes Medical Institute acquired a new stake in shares of Union Pacific in the 2nd quarter valued at $30,000. Total Investment Management Inc. acquired a new stake in shares of Union Pacific in the 2nd quarter valued at $31,000. Finally, Sagard Holdings Management Inc. bought a new position in shares of Union Pacific in the 2nd quarter valued at $33,000. Institutional investors and hedge funds own 80.38% of the company’s stock.

Union Pacific Trading Down 2.4%

NYSE UNP opened at $236.44 on Thursday. The company has a market cap of $140.30 billion, a price-to-earnings ratio of 19.75, a price-to-earnings-growth ratio of 2.64 and a beta of 0.95. Union Pacific Corporation has a twelve month low of $204.66 and a twelve month high of $268.14. 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 business’s fifty day moving average is $247.08 and its 200 day moving average is $234.19.

Union Pacific (NYSE:UNP) last issued its earnings results 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 firm had revenue of $6.09 billion during the quarter, compared to analyst estimates of $6.15 billion. Union Pacific had a return on equity of 40.89% and a net margin of 29.12%.Union Pacific’s revenue for the quarter was down .6% on a year-over-year basis. During the same period in the previous year, the company earned $2.91 EPS. As a group, sell-side analysts expect that Union Pacific Corporation will post 11.99 EPS for the current fiscal year.

Union Pacific Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 31st. Stockholders of record on Friday, February 27th will be paid a $1.38 dividend. The ex-dividend date of this dividend is Friday, February 27th. This represents a $5.52 annualized dividend and a dividend yield of 2.3%. Union Pacific’s dividend payout ratio is currently 46.12%.

Analyst Upgrades and Downgrades

UNP has been the subject of several recent analyst reports. TD Cowen dropped their price objective on Union Pacific from $257.00 to $255.00 and set a “buy” rating for the company in a research report on Wednesday, January 28th. JPMorgan Chase & Co. lowered their target price on Union Pacific from $270.00 to $265.00 and set a “neutral” rating for the company in a research note on Wednesday, January 28th. Susquehanna reissued a “buy” rating on shares of Union Pacific in a report on Monday, January 19th. Robert W. Baird set a $311.00 price target on shares of Union Pacific and gave the company an “outperform” rating in a research note on Friday, March 6th. Finally, BMO Capital Markets reaffirmed a “market perform” rating and set a $295.00 price target on shares of Union Pacific in a report on Thursday, February 19th. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and nine have assigned a Hold rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $263.77.

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.