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Duff & Phelps Investment Management Co. Acquires 72,705 Shares of Union Pacific Co. (NYSE:UNP)

Union Pacific logo with Transportation background

Duff & Phelps Investment Management Co. lifted its stake in Union Pacific Co. (NYSE:UNP - Free Report) by 62.4% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 189,214 shares of the railroad operator's stock after buying an additional 72,705 shares during the period. Duff & Phelps Investment Management Co.'s holdings in Union Pacific were worth $46,637,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also recently added to or reduced their stakes in the stock. State Street Corp lifted its stake in Union Pacific by 0.9% during the third quarter. State Street Corp now owns 24,788,337 shares of the railroad operator's stock worth $6,109,829,000 after purchasing an additional 217,780 shares during the last quarter. Ameriprise Financial Inc. lifted its position in shares of Union Pacific by 1.3% during the 2nd quarter. Ameriprise Financial Inc. now owns 8,312,154 shares of the railroad operator's stock worth $1,880,701,000 after buying an additional 106,996 shares during the last quarter. Fisher Asset Management LLC boosted its stake in Union Pacific by 2.3% in the third quarter. Fisher Asset Management LLC now owns 6,285,585 shares of the railroad operator's stock valued at $1,549,271,000 after buying an additional 143,896 shares in the last quarter. Legal & General Group Plc grew its position in Union Pacific by 2.1% in the second quarter. Legal & General Group Plc now owns 5,970,669 shares of the railroad operator's stock valued at $1,350,924,000 after acquiring an additional 124,571 shares during the last quarter. Finally, FMR LLC raised its stake in Union Pacific by 0.6% during the third quarter. FMR LLC now owns 5,020,107 shares of the railroad operator's stock worth $1,237,356,000 after acquiring an additional 31,899 shares in the last quarter. Institutional investors own 80.38% of the company's stock.

Analyst Ratings Changes

UNP has been the topic of a number of research analyst reports. Robert W. Baird reduced 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. JPMorgan Chase & Co. cut their target price on shares of Union Pacific from $263.00 to $252.00 and set a "neutral" rating on the stock in a research report on Friday, October 25th. Susquehanna lowered their price target on shares of Union Pacific from $260.00 to $255.00 and set a "neutral" rating for the company in a report on Friday, October 25th. StockNews.com downgraded Union Pacific from a "buy" rating to a "hold" rating in a report on Tuesday, October 1st. Finally, BMO Capital Markets lowered their target price on Union Pacific from $280.00 to $275.00 and set an "outperform" rating for the company in a report on Friday, September 20th. Nine investment analysts have rated the stock with a hold rating, eleven have issued a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average price target of $259.80.

View Our Latest Report on UNP

Union Pacific Trading Up 0.6 %

Shares of Union Pacific stock traded up $1.30 on Monday, hitting $233.54. 2,755,991 shares of the company's stock traded hands, compared to its average volume of 2,336,226. The company has a market capitalization of $141.59 billion, a price-to-earnings ratio of 21.45, a price-to-earnings-growth ratio of 2.31 and a beta of 1.05. The company has a fifty day moving average of $239.22 and a two-hundred day moving average of $238.29. The company has a debt-to-equity ratio of 1.79, a current ratio of 0.77 and a quick ratio of 0.63. Union Pacific Co. has a one year low of $218.55 and a one year high of $258.66.

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

Union Pacific Dividend Announcement

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

Union Pacific 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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