Union Pacific Co. (NYSE:UNP) Shares Bought by Traveka Wealth LLC

Traveka Wealth LLC increased its stake in shares of Union Pacific Co. (NYSE:UNP) by 3.4% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,357 shares of the railroad operator’s stock after acquiring an additional 45 shares during the quarter. Traveka Wealth LLC’s holdings in Union Pacific were worth $335,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. Marshall Wace LLP grew its position in shares of Union Pacific by 272.3% during the second quarter. Marshall Wace LLP now owns 1,678,108 shares of the railroad operator’s stock worth $379,689,000 after acquiring an additional 1,227,318 shares during the last quarter. Capital World Investors increased its holdings in shares of Union Pacific by 35.3% in the first quarter. Capital World Investors now owns 4,118,477 shares of the railroad operator’s stock valued at $1,012,857,000 after purchasing an additional 1,073,625 shares during the period. Capital Research Global Investors increased its stake in Union Pacific by 7.6% in the 1st quarter. Capital Research Global Investors now owns 7,370,752 shares of the railroad operator’s stock valued at $1,812,689,000 after buying an additional 518,985 shares during the period. Junto Capital Management LP acquired a new position in shares of Union Pacific during the fourth quarter worth about $123,297,000. Finally, Bridges Investment Management Inc. boosted its holdings in Union Pacific by 186.4% in the 2nd quarter. Bridges Investment Management Inc. now owns 704,769 shares of the railroad operator’s stock valued at $159,461,000 after purchasing an additional 458,664 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 brokerages have recently issued reports on UNP. BMO Capital Markets cut their price target on shares of Union Pacific from $280.00 to $275.00 and set an “outperform” rating for the company in a report on Friday, September 20th. Sanford C. Bernstein lowered their price target on shares of Union Pacific from $290.00 to $273.00 and set an “outperform” rating on the stock in a research report on Monday, July 8th. TD Cowen cut their price target on Union Pacific from $259.00 to $255.00 and set a “buy” rating for the company in a report on Friday, July 26th. Loop Capital downgraded shares of Union Pacific from a “buy” rating to a “hold” rating and lowered their price target for the stock from $276.00 to $238.00 in a report on Monday, June 17th. Finally, Royal Bank of Canada increased their target price on Union Pacific from $275.00 to $288.00 and gave the stock an “outperform” rating in a research report on Monday, September 30th. Eight analysts have rated the stock with a hold rating, eleven have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat, Union Pacific has an average rating of “Moderate Buy” and a consensus price target of $259.32.

Union Pacific Price Performance

Shares of NYSE UNP traded up $1.40 during trading on Tuesday, hitting $238.27. The company had a trading volume of 401,043 shares, compared to its average volume of 2,275,241. The company has a debt-to-equity ratio of 1.89, a quick ratio of 0.86 and a current ratio of 1.05. The company has a market cap of $145.37 billion, a P/E ratio of 22.67, a PEG ratio of 2.24 and a beta of 1.05. Union Pacific Co. has a 52 week low of $199.97 and a 52 week high of $258.66. The business’s 50-day moving average is $246.08 and its 200 day moving average is $238.68.

Union Pacific (NYSE:UNP) last issued its quarterly earnings data on Thursday, July 25th. The railroad operator reported $2.74 earnings per share for the quarter, beating the consensus estimate of $2.71 by $0.03. Union Pacific had a net margin of 26.90% and a return on equity of 42.62%. The firm had revenue of $6.01 billion for the quarter, compared to analyst estimates of $6.05 billion. During the same quarter last year, the firm earned $2.57 earnings per share. The company’s revenue for the quarter was up .7% on a year-over-year basis. Equities research analysts predict that Union Pacific Co. will post 11.1 earnings per share for the current fiscal year.

Union Pacific Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, September 30th. Investors of record on Friday, August 30th were paid a $1.34 dividend. This represents a $5.36 dividend on an annualized basis and a dividend yield of 2.25%. This is a positive change from Union Pacific’s previous quarterly dividend of $1.30. The ex-dividend date of this dividend was Friday, August 30th. Union Pacific’s dividend payout ratio is presently 51.15%.

Insider Activity at Union Pacific

In other news, President Elizabeth F. Whited sold 3,552 shares of Union Pacific 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 completion of the sale, the president now directly owns 64,945 shares of the company’s stock, valued at approximately $16,014,787.55. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 0.28% of the stock is owned by insiders.

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.