Union Pacific Corporation $UNP Shares Acquired by State of New Jersey Common Pension Fund D

State of New Jersey Common Pension Fund D lifted its stake in shares of Union Pacific Corporation (NYSE:UNP) by 2.7% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 208,469 shares of the railroad operator’s stock after acquiring an additional 5,572 shares during the quarter. State of New Jersey Common Pension Fund D’s holdings in Union Pacific were worth $49,276,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. Howard Hughes Medical Institute acquired a new stake in Union Pacific in the 2nd quarter valued at about $30,000. Total Investment Management Inc. purchased a new position in Union Pacific in the second quarter worth approximately $31,000. Financial Gravity Companies Inc. purchased a new stake in shares of Union Pacific in the 2nd quarter valued at approximately $31,000. Access Investment Management LLC acquired a new stake in shares of Union Pacific in the 2nd quarter valued at $32,000. Finally, Sagard Holdings Management Inc. acquired a new stake in shares of Union Pacific in the 2nd quarter valued at $33,000. 80.38% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of brokerages recently commented on UNP. Raymond James Financial reiterated a “strong-buy” rating on shares of Union Pacific in a research note on Tuesday, January 27th. Susquehanna reaffirmed a “buy” rating on shares of Union Pacific in a research report on Monday, January 19th. JPMorgan Chase & Co. dropped their price objective on Union Pacific from $270.00 to $265.00 and set a “neutral” rating on the stock in a report on Wednesday, January 28th. Deutsche Bank Aktiengesellschaft set a $245.00 price target on Union Pacific in a report on Thursday, December 11th. Finally, Barclays restated an “overweight” rating and issued a $285.00 target price (up previously from $270.00) on shares of Union Pacific in a report on Tuesday, December 16th. One analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating and ten have assigned a Hold rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $258.32.

Union Pacific Price Performance

UNP stock opened at $260.55 on Friday. The company has a current ratio of 0.91, a quick ratio of 0.60 and a debt-to-equity ratio of 1.64. The company has a market capitalization of $154.61 billion, a P/E ratio of 21.77, a PEG ratio of 2.84 and a beta of 0.98. The business has a 50 day simple moving average of $236.44 and a 200-day simple moving average of $228.63. Union Pacific Corporation has a twelve month low of $204.66 and a twelve month high of $265.37.

Union Pacific (NYSE:UNP) last released its quarterly earnings results on Tuesday, January 27th. The railroad operator reported $2.86 EPS for the quarter, missing the consensus estimate of $2.92 by ($0.06). Union Pacific had a net margin of 29.12% and a return on equity of 40.89%. The business had revenue of $6.09 billion during the quarter, compared to analysts’ expectations of $6.15 billion. During the same quarter last year, the company earned $2.91 EPS. The firm’s revenue for the quarter was down .6% compared to the same quarter last year. As a group, equities analysts anticipate that Union Pacific Corporation will post 11.99 EPS for the current year.

Union Pacific Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, March 31st. Investors 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 (DPR) is currently 46.12%.

Union Pacific 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.