Qtron Investments LLC Increases Stock Position in Union Pacific Co. (NYSE:UNP)

Qtron Investments LLC lifted its holdings in shares of Union Pacific Co. (NYSE:UNPFree Report) by 20.7% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 3,850 shares of the railroad operator’s stock after acquiring an additional 659 shares during the period. Qtron Investments LLC’s holdings in Union Pacific were worth $946,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of UNP. Norges Bank purchased a new position in shares of Union Pacific during the fourth quarter worth approximately $1,832,127,000. Clearbridge Investments LLC grew its position in shares of Union Pacific by 108.9% during the third quarter. Clearbridge Investments LLC now owns 4,128,575 shares of the railroad operator’s stock worth $840,702,000 after acquiring an additional 2,151,893 shares during the last quarter. FMR LLC grew its position in shares of Union Pacific by 62.8% during the third quarter. FMR LLC now owns 5,496,708 shares of the railroad operator’s stock worth $1,119,295,000 after acquiring an additional 2,119,382 shares during the last quarter. The Manufacturers Life Insurance Company grew its position in shares of Union Pacific by 65.5% during the third quarter. The Manufacturers Life Insurance Company now owns 2,348,496 shares of the railroad operator’s stock worth $478,224,000 after acquiring an additional 929,495 shares during the last quarter. Finally, Cerity Partners LLC lifted its holdings in shares of Union Pacific by 331.7% during the fourth quarter. Cerity Partners LLC now owns 1,143,298 shares of the railroad operator’s stock worth $280,817,000 after purchasing an additional 878,490 shares during the period. 80.38% of the stock is currently owned by hedge funds and other institutional investors.

Union Pacific Stock Up 2.1 %

UNP opened at $232.82 on Friday. The company has a debt-to-equity ratio of 1.99, a current ratio of 0.93 and a quick ratio of 0.76. The stock has a market capitalization of $142.05 billion, a price-to-earnings ratio of 22.22, a price-to-earnings-growth ratio of 1.89 and a beta of 1.06. The business has a 50-day moving average of $238.67 and a two-hundred day moving average of $240.34. Union Pacific Co. has a 12 month low of $191.11 and a 12 month high of $258.66.

Union Pacific (NYSE:UNPGet Free Report) last posted its quarterly earnings results on Thursday, April 25th. The railroad operator reported $2.69 EPS for the quarter, beating the consensus estimate of $2.50 by $0.19. The company had revenue of $6.03 billion during the quarter, compared to analysts’ expectations of $5.97 billion. Union Pacific had a return on equity of 44.34% and a net margin of 26.52%. The firm’s revenue was down .4% on a year-over-year basis. During the same quarter in the previous year, the business earned $2.67 EPS. On average, research analysts expect that Union Pacific Co. will post 11.25 earnings per share for the current year.

Union Pacific Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, June 28th. Shareholders of record on Friday, May 31st will be issued a $1.30 dividend. This represents a $5.20 annualized dividend and a yield of 2.23%. The ex-dividend date of this dividend is Friday, May 31st. Union Pacific’s dividend payout ratio (DPR) is 49.62%.

Analysts Set New Price Targets

UNP has been the subject of several recent research reports. Susquehanna increased their price target on Union Pacific from $255.00 to $270.00 and gave the stock a “neutral” rating in a report on Friday, April 26th. JPMorgan Chase & Co. increased their price target on Union Pacific from $237.00 to $243.00 and gave the stock a “neutral” rating in a report on Tuesday, April 9th. Raymond James reaffirmed a “strong-buy” rating and set a $280.00 price target (up from $275.00) on shares of Union Pacific in a report on Friday, April 26th. StockNews.com raised Union Pacific from a “hold” rating to a “buy” rating in a report on Friday, April 26th. Finally, Benchmark increased their price target on Union Pacific from $260.00 to $266.00 and gave the stock a “buy” rating in a report on Wednesday, April 10th. Six research analysts have rated the stock with a hold rating, thirteen have given a buy rating and one has given a strong buy rating to the company. According to MarketBeat.com, Union Pacific has an average rating of “Moderate Buy” and a consensus target price of $259.61.

Read Our Latest Research Report on Union Pacific

Union Pacific Company Profile

(Free Report)

Union Pacific Corporation, through its subsidiary, Union Pacific Railroad Company, operates in the railroad business in the United States. The company offers transportation services for grain and grain products, fertilizers, food and refrigerated products, and coal and renewables to grain processors, animal feeders, ethanol producers, renewable biofuel producers, and other agricultural users; and construction products, industrial chemicals, plastics, forest products, specialized products, metals and ores, petroleum, liquid petroleum gases, soda ash, and sand, as well as finished automobiles, automotive parts, and merchandise in intermodal containers.

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Institutional Ownership by Quarter for Union Pacific (NYSE:UNP)

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