Y Intercept Hong Kong Ltd Makes New $6.19 Million Investment in Union Pacific Co. (NYSE:UNP)

Y Intercept Hong Kong Ltd bought a new stake in Union Pacific Co. (NYSE:UNP - Free Report) during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm bought 25,130 shares of the railroad operator's stock, valued at approximately $6,194,000.

A number of other hedge funds have also made changes to their positions in the business. MML Investors Services LLC raised its stake in shares of Union Pacific by 3.0% in the 3rd quarter. MML Investors Services LLC now owns 167,149 shares of the railroad operator's stock valued at $41,199,000 after acquiring an additional 4,795 shares during the period. Headinvest LLC raised its stake in shares of Union Pacific by 10.8% in the 3rd quarter. Headinvest LLC now owns 1,409 shares of the railroad operator's stock valued at $347,000 after acquiring an additional 137 shares during the period. Dunhill Financial LLC increased its stake in Union Pacific by 111.5% during the 3rd quarter. Dunhill Financial LLC now owns 129 shares of the railroad operator's stock worth $32,000 after buying an additional 68 shares during the period. Main Management ETF Advisors LLC purchased a new stake in Union Pacific during the 3rd quarter worth $956,000. Finally, XTX Topco Ltd purchased a new stake in Union Pacific during the 3rd quarter worth $1,100,000. Hedge funds and other institutional investors own 80.38% of the company's stock.

Union Pacific Stock Performance

Shares of NYSE UNP traded up $1.30 during midday trading on Monday, hitting $233.54. The company's stock had a trading volume of 2,755,991 shares, compared to its average volume of 2,336,226. Union Pacific Co. has a 1-year low of $218.55 and a 1-year high of $258.66. The firm's fifty day moving average price is $238.96 and its 200-day moving average price is $238.29. The company has a debt-to-equity ratio of 1.79, a quick ratio of 0.63 and a current ratio of 0.77. The firm has a market cap of $141.59 billion, a P/E ratio of 21.45, a P/E/G ratio of 2.31 and a beta of 1.05.

Union Pacific (NYSE:UNP - Get Free Report) last posted its quarterly earnings results on Thursday, October 24th. The railroad operator reported $2.75 EPS for the quarter, missing the consensus estimate of $2.78 by ($0.03). The business had revenue of $6.09 billion during the quarter, compared to analyst estimates of $6.14 billion. Union Pacific had a net margin of 27.33% and a return on equity of 41.79%. The company's quarterly revenue was up 2.5% on a year-over-year basis. During the same period last year, the firm posted $2.51 earnings per share. On average, sell-side analysts forecast that Union Pacific Co. will post 10.94 EPS for the current fiscal year.

Union Pacific Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, December 30th. Shareholders of record on Monday, December 9th will be paid a dividend of $1.34 per share. This represents a $5.36 dividend on an annualized basis and a yield of 2.30%. The ex-dividend date is Monday, December 9th. Union Pacific's payout ratio is 49.22%.

Analyst Upgrades and Downgrades

Several research firms recently issued reports on UNP. StockNews.com downgraded shares of Union Pacific from a "buy" rating to a "hold" rating in a research note on Tuesday, October 1st. Royal Bank of Canada dropped their price target on shares of Union Pacific from $288.00 to $283.00 and set an "outperform" rating on the stock in a research note on Friday, October 25th. Daiwa America downgraded shares of Union Pacific from a "moderate buy" rating to a "hold" rating in a research note on Wednesday, September 4th. Robert W. Baird dropped their price target on shares of Union Pacific from $270.00 to $260.00 and set an "outperform" rating on the stock in a research note on Friday, October 25th. Finally, BMO Capital Markets dropped their price target on shares of Union Pacific from $280.00 to $275.00 and set an "outperform" rating on the stock in a research note on Friday, September 20th. Nine equities research analysts have rated the stock with a hold rating, eleven have given a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $259.80.

Union Pacific Profile

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.