TCW Group Inc. Acquires 3,182 Shares of Union Pacific Co. (NYSE:UNP)

TCW Group Inc. lifted its position in Union Pacific Co. (NYSE:UNP - Free Report) by 8.9% during the third quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 38,892 shares of the railroad operator's stock after buying an additional 3,182 shares during the period. TCW Group Inc.'s holdings in Union Pacific were worth $9,586,000 at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. Shellback Capital LP raised its position in Union Pacific by 28.2% in the second quarter. Shellback Capital LP now owns 20,000 shares of the railroad operator's stock worth $4,525,000 after acquiring an additional 4,400 shares in the last quarter. Peoples Bank KS acquired a new position in shares of Union Pacific in the 3rd quarter worth approximately $834,000. Maj Invest Holding A S raised its holdings in shares of Union Pacific by 0.3% in the 3rd quarter. Maj Invest Holding A S now owns 676,098 shares of the railroad operator's stock worth $166,645,000 after purchasing an additional 2,202 shares in the last quarter. Radnor Capital Management LLC acquired a new stake in Union Pacific during the third quarter valued at approximately $2,923,000. Finally, Signature Estate & Investment Advisors LLC boosted its holdings in Union Pacific by 190.5% during the third quarter. Signature Estate & Investment Advisors LLC now owns 4,430 shares of the railroad operator's stock worth $1,092,000 after buying an additional 2,905 shares in the last quarter. Institutional investors and hedge funds own 80.38% of the company's stock.

Analysts Set New Price Targets

Several equities research analysts have recently weighed in on UNP shares. Daiwa America lowered Union Pacific from a "moderate buy" rating to a "hold" rating in a research note on Wednesday, September 4th. Wells Fargo & Company decreased their price target on Union Pacific from $270.00 to $255.00 and set an "overweight" rating for the company in a research report on Friday, October 25th. Raymond James boosted their price objective on Union Pacific from $265.00 to $275.00 and gave the stock a "strong-buy" rating in a report on Monday, October 14th. Bank of America reduced their price objective on shares of Union Pacific from $273.00 to $270.00 and set a "buy" rating for the company in a research note on Tuesday, September 24th. Finally, TD Cowen dropped their target price on shares of Union Pacific from $255.00 to $252.00 and set a "buy" rating on the stock in a research report on Friday, October 25th. Nine investment analysts have rated the stock with a hold rating, eleven have given a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat.com, Union Pacific presently has an average rating of "Moderate Buy" and an average price target of $259.80.

Union Pacific Stock Down 0.0 %

NYSE UNP traded down $0.08 during trading on Thursday, reaching $233.70. The company's stock had a trading volume of 2,242,650 shares, compared to its average volume of 2,341,308. The company has a current ratio of 0.77, a quick ratio of 0.63 and a debt-to-equity ratio of 1.79. Union Pacific Co. has a 1-year low of $218.55 and a 1-year high of $258.66. The business has a 50-day moving average price of $238.60 and a 200-day moving average price of $238.30. The stock has a market capitalization of $141.68 billion, a PE ratio of 21.47, a PEG ratio of 2.31 and a beta of 1.05.

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

Union Pacific Announces Dividend

The business 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 dividend of $1.34 per share. 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 dividend payout ratio (DPR) is presently 49.22%.

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.