Nykredit A S Makes New Investment in Union Pacific Corporation $UNP

Nykredit A S acquired a new position in Union Pacific Corporation (NYSE:UNP) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 141,111 shares of the railroad operator’s stock, valued at approximately $38,382,000.

A number of other hedge funds have also made changes to their positions in the business. Capital Advisors Inc. OK grew its stake in shares of Union Pacific by 1.8% in the second quarter. Capital Advisors Inc. OK now owns 1,888 shares of the railroad operator’s stock valued at $513,000 after buying an additional 34 shares in the last quarter. Tiemann Investment Advisors LLC increased its position in shares of Union Pacific by 1.7% during the second quarter. Tiemann Investment Advisors LLC now owns 2,117 shares of the railroad operator’s stock worth $576,000 after acquiring an additional 35 shares during the last quarter. Burford Brothers Inc. increased its position in shares of Union Pacific by 1.9% during the second quarter. Burford Brothers Inc. now owns 1,877 shares of the railroad operator’s stock worth $511,000 after acquiring an additional 35 shares during the last quarter. TFR Capital LLC. lifted its stake in shares of Union Pacific by 3.8% in the second quarter. TFR Capital LLC. now owns 979 shares of the railroad operator’s stock worth $266,000 after acquiring an additional 36 shares in the last quarter. Finally, Key Financial Inc lifted its stake in shares of Union Pacific by 2.1% in the first quarter. Key Financial Inc now owns 1,821 shares of the railroad operator’s stock worth $442,000 after acquiring an additional 38 shares in the last quarter. Hedge funds and other institutional investors own 80.38% of the company’s stock.

Union Pacific Stock Performance

Shares of UNP opened at $279.19 on Friday. The company has a 50-day moving average of $294.72 and a two-hundred day moving average of $272.34. The stock has a market cap of $165.86 billion, a price-to-earnings ratio of 22.61, a PEG ratio of 2.81 and a beta of 0.96. The company has a debt-to-equity ratio of 1.40, a current ratio of 0.99 and a quick ratio of 0.82. Union Pacific Corporation has a one year low of $215.53 and a one year high of $315.99.

Union Pacific (NYSE:UNP) last released its quarterly earnings results on Thursday, July 23rd. The railroad operator reported $3.41 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.26 by $0.15. The business had revenue of $6.86 billion for the quarter, compared to analyst estimates of $6.72 billion. Union Pacific had a net margin of 28.85% and a return on equity of 38.46%. The firm’s revenue was up 11.5% compared to the same quarter last year. During the same quarter in the previous year, the business earned $3.03 earnings per share. On average, equities research analysts expect that Union Pacific Corporation will post 13.02 earnings per share for the current year.

Union Pacific Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, September 30th. Shareholders of record on Monday, August 31st will be paid a dividend of $1.42 per share. This is a boost from Union Pacific’s previous quarterly dividend of $1.38. The ex-dividend date of this dividend is Monday, August 31st. This represents a $5.68 annualized dividend and a yield of 2.0%. Union Pacific’s dividend payout ratio (DPR) is presently 45.99%.

Analyst Ratings Changes

A number of equities analysts have commented on UNP shares. Barclays reaffirmed an “overweight” rating and issued a $350.00 price objective (up from $315.00) on shares of Union Pacific in a report on Friday, July 24th. Erste Group Bank started coverage on shares of Union Pacific in a report on Thursday, August 27th. They issued a “buy” rating for the company. Evercore reissued an “outperform” rating and issued a $294.00 price target on shares of Union Pacific in a report on Thursday, June 25th. Raymond James Financial reaffirmed a “strong-buy” rating on shares of Union Pacific in a report on Monday, July 13th. Finally, Royal Bank Of Canada raised shares of Union Pacific from an “outperform” rating to a “buy” rating in a research note on Wednesday. Two equities research analysts have rated the stock with a Strong Buy rating, fifteen have given a Buy rating and four have given a Hold rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $327.72.

Union Pacific Profile

Union Pacific Corporation is a transportation company that operates Union Pacific Railroad, one of the largest freight railroad networks in the United States. The company provides rail transportation and logistics services for a broad range of commodities, including agricultural products, automotive goods, chemicals, coal, industrial products, and intermodal shipments.

Union Pacific’s railroad network serves the western two-thirds of the United States, connecting major markets and ports across approximately 23 states.