Intech Investment Management LLC Raises Holdings in Union Pacific Corporation $UNP

Intech Investment Management LLC grew its stake in Union Pacific Corporation (NYSE:UNP) by 12.1% in the 3rd quarter, according to its most recent filing with the SEC. The firm owned 25,327 shares of the railroad operator’s stock after buying an additional 2,724 shares during the quarter. Intech Investment Management LLC’s holdings in Union Pacific were worth $5,987,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Acadian Asset Management LLC grew its stake in shares of Union Pacific by 40.4% during the first quarter. Acadian Asset Management LLC now owns 2,312 shares of the railroad operator’s stock worth $546,000 after purchasing an additional 665 shares in the last quarter. Schnieders Capital Management LLC. lifted its holdings in Union Pacific by 0.5% during the 2nd quarter. Schnieders Capital Management LLC. now owns 20,606 shares of the railroad operator’s stock worth $4,741,000 after buying an additional 102 shares during the last quarter. Arkadios Wealth Advisors boosted its position in shares of Union Pacific by 7.0% during the 2nd quarter. Arkadios Wealth Advisors now owns 5,889 shares of the railroad operator’s stock worth $1,355,000 after acquiring an additional 387 shares in the last quarter. Assetmark Inc. increased its holdings in shares of Union Pacific by 18.4% in the 2nd quarter. Assetmark Inc. now owns 44,391 shares of the railroad operator’s stock valued at $10,214,000 after acquiring an additional 6,907 shares during the last quarter. Finally, Savvy Advisors Inc. raised its position in shares of Union Pacific by 2.5% during the 2nd quarter. Savvy Advisors Inc. now owns 2,211 shares of the railroad operator’s stock worth $509,000 after acquiring an additional 53 shares in the last quarter. 80.38% of the stock is owned by institutional investors and hedge funds.

Union Pacific Trading Down 0.3%

NYSE UNP opened at $264.62 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 $157.02 billion, a P/E ratio of 22.11, a P/E/G ratio of 2.89 and a beta of 0.98. Union Pacific Corporation has a 52-week low of $204.66 and a 52-week high of $267.88. The firm has a 50-day moving average price of $242.08 and a 200 day moving average price of $231.57.

Union Pacific (NYSE:UNP) last announced its quarterly earnings data on Tuesday, January 27th. The railroad operator reported $2.86 earnings per share for the quarter, missing analysts’ consensus estimates of $2.92 by ($0.06). Union Pacific had a return on equity of 40.89% and a net margin of 29.12%.The business had revenue of $6.09 billion for the quarter, compared to analyst estimates of $6.15 billion. During the same period in the prior year, the company earned $2.91 EPS. The company’s revenue was down .6% on a year-over-year basis. Equities research analysts expect that Union Pacific Corporation will post 11.99 EPS 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 given a dividend of $1.38 per share. The ex-dividend date is Friday, February 27th. This represents a $5.52 dividend on an annualized basis and a yield of 2.1%. Union Pacific’s payout ratio is presently 46.12%.

Analyst Ratings Changes

A number of analysts have weighed in on the stock. TD Cowen cut their price objective on shares of Union Pacific from $257.00 to $255.00 and set a “buy” rating on the stock in a report on Wednesday, January 28th. Raymond James Financial reiterated a “strong-buy” rating on shares of Union Pacific in a research note on Tuesday, January 27th. The Goldman Sachs Group reissued a “neutral” rating and issued a $267.00 price target on shares of Union Pacific in a research report on Tuesday, January 27th. Weiss Ratings raised Union Pacific from a “hold (c+)” rating to a “buy (b-)” rating in a report on Friday, February 6th. Finally, Susquehanna reiterated a “buy” rating on shares of Union Pacific in a research report on Monday, January 19th. One equities research analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating and ten have given a Hold rating to the company’s stock. According to MarketBeat.com, Union Pacific has an average rating of “Moderate Buy” and a consensus price target of $260.14.

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.