Invesco Ltd. Raises Stock Holdings in Union Pacific Corporation $UNP

Invesco Ltd. increased its holdings in shares of Union Pacific Corporation (NYSE:UNP) by 21.4% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 6,551,125 shares of the railroad operator’s stock after acquiring an additional 1,154,771 shares during the quarter. Invesco Ltd. owned approximately 1.10% of Union Pacific worth $1,548,489,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also bought and sold shares of the business. Seven Mile Advisory bought a new position in Union Pacific in the 3rd quarter valued at $323,000. Employees Retirement System of Texas increased its position in shares of Union Pacific by 32.9% during the 3rd quarter. Employees Retirement System of Texas now owns 6,324 shares of the railroad operator’s stock valued at $1,495,000 after purchasing an additional 1,564 shares during the last quarter. Sei Investments Co. raised its stake in shares of Union Pacific by 7.7% during the 3rd quarter. Sei Investments Co. now owns 279,210 shares of the railroad operator’s stock worth $65,997,000 after purchasing an additional 19,906 shares during the period. Douglass Winthrop Advisors LLC raised its stake in shares of Union Pacific by 77.5% during the 3rd quarter. Douglass Winthrop Advisors LLC now owns 23,412 shares of the railroad operator’s stock worth $5,534,000 after purchasing an additional 10,222 shares during the period. Finally, Cbre Investment Management Listed Real Assets LLC purchased a new position in shares of Union Pacific in the 3rd quarter worth about $174,127,000. Hedge funds and other institutional investors own 80.38% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts recently weighed in 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 research report on Friday, March 6th. Royal Bank Of Canada set a $280.00 price objective on shares of Union Pacific in a research report on Thursday, December 18th. Barclays reiterated an “overweight” rating and issued a $285.00 target price (up from $270.00) on shares of Union Pacific in a research note on Tuesday, December 16th. TD Cowen reduced their target price on shares of Union Pacific from $257.00 to $255.00 and set a “buy” rating for the company in a research report on Wednesday, January 28th. Finally, Susquehanna restated a “buy” rating on shares of Union Pacific in a research note on Monday, January 19th. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating and nine have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $263.77.

Union Pacific Trading Down 2.8%

Shares of Union Pacific stock opened at $243.96 on Friday. Union Pacific Corporation has a 52-week low of $204.66 and a 52-week high of $268.14. The stock’s 50-day simple moving average is $246.26 and its 200 day simple moving average is $233.60. The stock has a market capitalization of $144.77 billion, a P/E ratio of 20.38, a P/E/G ratio of 2.74 and a beta of 0.95. The company has a debt-to-equity ratio of 1.64, a quick ratio of 0.75 and a current ratio of 0.91.

Union Pacific (NYSE:UNP) last issued its earnings results 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). The business had revenue of $6.09 billion for the quarter, compared to the consensus estimate 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% compared to the same quarter last year. During the same quarter in the prior year, the business earned $2.91 EPS. As a group, research analysts anticipate that Union Pacific Corporation will post 11.99 EPS for the current year.

Union Pacific Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, March 31st. Investors of record on Friday, February 27th will be paid a dividend of $1.38 per share. This represents a $5.52 dividend on an annualized basis and a dividend yield of 2.3%. The ex-dividend date is Friday, February 27th. Union Pacific’s dividend payout ratio is presently 46.12%.

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.