XTX Topco Ltd Invests $1.10 Million in Union Pacific Co. (NYSE:UNP)

XTX Topco Ltd purchased a new position in Union Pacific Co. (NYSE:UNP - Free Report) during the third quarter, according to its most recent Form 13F filing with the SEC. The fund purchased 4,462 shares of the railroad operator's stock, valued at approximately $1,100,000.

Other large investors also recently added to or reduced their stakes in the company. Burke & Herbert Bank & Trust Co. lifted its holdings in Union Pacific by 105.1% during the 2nd quarter. Burke & Herbert Bank & Trust Co. now owns 2,693 shares of the railroad operator's stock valued at $609,000 after buying an additional 1,380 shares in the last quarter. Wealth Enhancement Advisory Services LLC boosted its holdings in Union Pacific by 8.2% in the second quarter. Wealth Enhancement Advisory Services LLC now owns 124,839 shares of the railroad operator's stock valued at $28,246,000 after purchasing an additional 9,455 shares during the last quarter. Great Valley Advisor Group Inc. boosted its stake in shares of Union Pacific by 11.3% during the 2nd quarter. Great Valley Advisor Group Inc. now owns 25,201 shares of the railroad operator's stock worth $5,702,000 after acquiring an additional 2,555 shares in the last quarter. ORG Partners LLC boosted its stake in shares of Union Pacific by 12,284.6% during the 2nd quarter. ORG Partners LLC now owns 4,830 shares of the railroad operator's stock worth $1,087,000 after acquiring an additional 4,791 shares in the last quarter. Finally, Addenda Capital Inc. boosted its stake in shares of Union Pacific by 13.9% during the 2nd quarter. Addenda Capital Inc. now owns 21,934 shares of the railroad operator's stock worth $4,963,000 after acquiring an additional 2,679 shares in the last quarter. 80.38% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of analysts have commented on UNP shares. Benchmark reiterated a "buy" rating and issued a $266.00 price objective on shares of Union Pacific in a report on Friday, October 25th. Citigroup lifted their price objective on shares of Union Pacific from $255.00 to $267.00 and gave the stock a "neutral" rating in a research report on Tuesday, November 12th. TD Cowen dropped their price objective on shares of Union Pacific from $255.00 to $252.00 and set a "buy" rating on the stock in a research note on Friday, October 25th. Bank of America dropped their price target on shares of Union Pacific from $273.00 to $270.00 and set a "buy" rating on the stock in a research note on Tuesday, September 24th. Finally, 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 report on Friday, October 25th. Nine equities research analysts have rated the stock with a hold rating, eleven have issued a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average target price of $259.80.

Union Pacific Stock Performance

NYSE UNP traded up $3.62 during trading on Tuesday, hitting $237.17. 3,092,556 shares of the company's stock traded hands, compared to its average volume of 2,339,189. The stock has a market capitalization of $143.78 billion, a price-to-earnings ratio of 21.77, a PEG ratio of 2.31 and a beta of 1.05. Union Pacific Co. has a 12-month low of $218.55 and a 12-month high of $258.66. 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 business has a 50 day moving average of $238.96 and a 200-day moving average of $238.29.

Union Pacific (NYSE:UNP - Get Free Report) last released 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). The business had revenue of $6.09 billion for the quarter, compared to analysts' expectations of $6.14 billion. Union Pacific had a net margin of 27.33% and a return on equity of 41.79%. Union Pacific's revenue for the quarter was up 2.5% compared to the same quarter last year. During the same period last year, the company earned $2.51 earnings per share. As a group, equities research analysts anticipate 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. Stockholders of record on Monday, December 9th will be issued a $1.34 dividend. This represents a $5.36 dividend on an annualized basis and a dividend yield of 2.26%. The ex-dividend date of this dividend is Monday, December 9th. Union Pacific's payout ratio is 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.