921 Shares in Union Pacific Co. (NYSE:UNP) Bought by One Capital Management LLC

One Capital Management LLC acquired a new stake in shares of Union Pacific Co. (NYSE:UNPFree Report) during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 921 shares of the railroad operator’s stock, valued at approximately $208,000.

A number of other hedge funds have also made changes to their positions in the company. Capital Research Global Investors grew its holdings in shares of Union Pacific by 7.6% during the first quarter. Capital Research Global Investors now owns 7,370,752 shares of the railroad operator’s stock worth $1,812,689,000 after buying an additional 518,985 shares in the last quarter. Fisher Asset Management LLC boosted its stake in Union Pacific by 2.0% during the fourth quarter. Fisher Asset Management LLC now owns 5,856,266 shares of the railroad operator’s stock worth $1,438,417,000 after buying an additional 113,946 shares during the last quarter. Clearbridge Investments LLC increased its stake in shares of Union Pacific by 5.7% in the 1st quarter. Clearbridge Investments LLC now owns 4,396,974 shares of the railroad operator’s stock worth $1,081,348,000 after acquiring an additional 237,083 shares during the last quarter. Capital World Investors increased its stake in shares of Union Pacific by 35.3% in the 1st quarter. Capital World Investors now owns 4,118,477 shares of the railroad operator’s stock worth $1,012,857,000 after acquiring an additional 1,073,625 shares during the last quarter. Finally, Canada Pension Plan Investment Board raised its holdings in shares of Union Pacific by 5.6% during the 1st quarter. Canada Pension Plan Investment Board now owns 3,896,601 shares of the railroad operator’s stock worth $958,291,000 after acquiring an additional 205,640 shares during the period. Institutional investors and hedge funds own 80.38% of the company’s stock.

Union Pacific Trading Down 1.0 %

UNP opened at $251.13 on Thursday. The business has a fifty day moving average price of $244.75 and a 200 day moving average price of $239.16. The company has a debt-to-equity ratio of 1.89, a current ratio of 1.05 and a quick ratio of 0.86. Union Pacific Co. has a 12 month low of $199.33 and a 12 month high of $258.66. The stock has a market capitalization of $152.99 billion, a price-to-earnings ratio of 23.96, a PEG ratio of 2.24 and a beta of 1.05.

Union Pacific (NYSE:UNPGet Free Report) last announced its quarterly earnings data on Thursday, July 25th. The railroad operator reported $2.74 EPS for the quarter, topping analysts’ consensus estimates of $2.71 by $0.03. Union Pacific had a return on equity of 42.62% and a net margin of 26.90%. The business had revenue of $6.01 billion during the quarter, compared to the consensus estimate of $6.05 billion. During the same period in the previous year, the company posted $2.57 earnings per share. The business’s revenue for the quarter was up .7% on a year-over-year basis. Sell-side analysts expect that Union Pacific Co. will post 11.11 earnings per share for the current fiscal year.

Union Pacific Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, September 30th. Stockholders of record on Friday, August 30th will be given a dividend of $1.34 per share. This is a boost from Union Pacific’s previous quarterly dividend of $1.30. This represents a $5.36 annualized dividend and a dividend yield of 2.13%. The ex-dividend date is Friday, August 30th. Union Pacific’s payout ratio is 51.15%.

Insider Buying and Selling

In other Union Pacific news, President Elizabeth F. Whited sold 3,552 shares of the firm’s stock in a transaction on Tuesday, July 30th. The stock was sold at an average price of $246.59, for a total value of $875,887.68. Following the sale, the president now directly owns 64,945 shares in the company, valued at $16,014,787.55. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Insiders own 0.28% of the company’s stock.

Wall Street Analysts Forecast Growth

UNP has been the subject of a number of analyst reports. Stifel Nicolaus dropped their price objective on shares of Union Pacific from $267.00 to $265.00 and set a “buy” rating for the company in a report on Wednesday, July 17th. Susquehanna reduced their price target on shares of Union Pacific from $270.00 to $250.00 and set a “neutral” rating on the stock in a research report on Tuesday, June 25th. Royal Bank of Canada reiterated an “outperform” rating and issued a $275.00 price objective on shares of Union Pacific in a research report on Thursday, September 12th. StockNews.com downgraded Union Pacific from a “buy” rating to a “hold” rating in a research report on Tuesday, June 18th. Finally, Daiwa America cut Union Pacific from a “moderate buy” rating to a “hold” rating in a report on Wednesday, September 4th. Eight research analysts have rated the stock with a hold rating, twelve have assigned a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $258.79.

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About Union Pacific

(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.

See Also

Institutional Ownership by Quarter for Union Pacific (NYSE:UNP)

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