Unigestion Holding SA Grows Holdings in Union Pacific Co. (NYSE:UNP)

Unigestion Holding SA lifted its holdings in shares of Union Pacific Co. (NYSE:UNP - Free Report) by 510.7% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 55,239 shares of the railroad operator's stock after purchasing an additional 46,194 shares during the quarter. Unigestion Holding SA's holdings in Union Pacific were worth $13,608,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also modified their holdings of UNP. Strategic Investment Solutions Inc. IL acquired a new stake in shares of Union Pacific during the second quarter worth $28,000. Cultivar Capital Inc. acquired a new position in shares of Union Pacific during the second quarter worth about $27,000. Catalyst Capital Advisors LLC bought a new position in shares of Union Pacific during the third quarter worth about $30,000. Jamison Private Wealth Management Inc. raised its position in Union Pacific by 265.7% in the 3rd quarter. Jamison Private Wealth Management Inc. now owns 128 shares of the railroad operator's stock valued at $32,000 after buying an additional 93 shares during the last quarter. Finally, Fairscale Capital LLC acquired a new position in Union Pacific during the 2nd quarter worth approximately $31,000. 80.38% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several research analysts recently commented on UNP shares. Royal Bank of Canada reduced their target price on shares of Union Pacific from $288.00 to $283.00 and set an "outperform" rating for the company in a report on Friday, October 25th. StockNews.com cut Union Pacific from a "buy" rating to a "hold" rating in a report on Tuesday, October 1st. Bank of America reduced their price target on Union Pacific from $273.00 to $270.00 and set a "buy" rating for the company in a research report on Tuesday, September 24th. Daiwa America downgraded Union Pacific from a "moderate buy" rating to a "hold" rating in a report on Wednesday, September 4th. Finally, Citigroup lifted their price objective on shares of Union Pacific from $255.00 to $267.00 and gave the company a "neutral" rating in a research report on Tuesday, November 12th. Nine analysts have rated the stock with a hold rating, eleven have assigned a buy rating and one has given a strong buy rating to the company. According to MarketBeat.com, Union Pacific currently has a consensus rating of "Moderate Buy" and an average target price of $259.80.

Union Pacific Trading Down 1.4 %

NYSE UNP traded down $3.23 during trading hours on Wednesday, reaching $233.86. The company's stock had a trading volume of 2,862,648 shares, compared to its average volume of 2,341,721. The firm has a fifty day simple moving average of $238.79 and a 200-day simple moving average of $238.33. 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 52 week low of $218.55 and a 52 week high of $258.66. The stock has a market cap of $141.78 billion, a P/E ratio of 21.69, a P/E/G ratio of 2.31 and a beta of 1.05.

Union Pacific (NYSE:UNP - Get Free Report) last issued its quarterly earnings data on Thursday, October 24th. The railroad operator reported $2.75 earnings per share 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 the consensus estimate of $6.14 billion. Union Pacific had a return on equity of 41.79% and a net margin of 27.33%. The business's revenue for the quarter was up 2.5% compared to the same quarter last year. During the same period in the prior year, the firm earned $2.51 EPS. Equities analysts forecast that Union Pacific Co. will post 10.94 earnings per share for the current fiscal year.

Union Pacific Announces Dividend

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 2.29%. Union Pacific's payout ratio is currently 49.22%.

About Union Pacific

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.