31,366 Shares in Union Pacific Co. (NYSE:UNP) Bought by Erste Asset Management GmbH

Erste Asset Management GmbH acquired a new stake in Union Pacific Co. (NYSE:UNP) during the 3rd quarter, Holdings Channel reports. The institutional investor acquired 31,366 shares of the railroad operator’s stock, valued at approximately $7,661,000.

Other large investors also recently bought and sold shares of the company. Cultivar Capital Inc. acquired a new position in shares of Union Pacific during the second quarter worth about $27,000. Strategic Investment Solutions Inc. IL acquired a new position in Union Pacific during the 2nd quarter worth approximately $28,000. Financial Gravity Asset Management Inc. raised its stake in shares of Union Pacific by 3,250.0% during the 2nd quarter. Financial Gravity Asset Management Inc. now owns 134 shares of the railroad operator’s stock worth $30,000 after buying an additional 130 shares in the last quarter. Catalyst Capital Advisors LLC acquired a new stake in shares of Union Pacific in the 3rd quarter valued at approximately $30,000. Finally, Fairscale Capital LLC acquired a new stake in shares of Union Pacific in the 2nd quarter valued at approximately $31,000. Hedge funds and other institutional investors own 80.38% of the company’s stock.

Union Pacific Trading Down 0.2 %

Shares of UNP opened at $244.66 on Monday. Union Pacific Co. has a fifty-two week low of $218.55 and a fifty-two week high of $258.66. The company has a market capitalization of $148.33 billion, a PE ratio of 22.47, a price-to-earnings-growth ratio of 2.42 and a beta of 1.06. The stock has a fifty day moving average of $240.12 and a two-hundred day moving average of $238.45. The company has a debt-to-equity ratio of 1.79, a quick ratio of 0.63 and a current ratio of 0.77.

Union Pacific (NYSE:UNP) last released its earnings results 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 for the quarter, compared to analysts’ expectations of $6.14 billion. Union Pacific had a return on equity of 41.79% and a net margin of 27.33%. The business’s quarterly revenue was up 2.5% compared to the same quarter last year. During the same quarter last year, the company posted $2.51 earnings per share. As a group, analysts forecast that Union Pacific Co. will post 10.94 EPS for the current year.

Union Pacific Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, December 30th. Investors of record on Monday, December 9th will be issued a $1.34 dividend. The ex-dividend date is Monday, December 9th. This represents a $5.36 dividend on an annualized basis and a yield of 2.19%. Union Pacific’s payout ratio is 49.22%.

Wall Street Analysts Forecast Growth

Several research firms have issued reports on UNP. Wells Fargo & Company cut their price objective 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. TD Cowen reduced their price objective on shares of Union Pacific from $255.00 to $252.00 and set a “buy” rating for the company in a research note on Friday, October 25th. Evercore ISI lowered shares of Union Pacific from an “outperform” rating to an “inline” rating and lowered their target price for the stock from $254.00 to $247.00 in a research report on Wednesday, September 25th. Citigroup increased their target price on shares of Union Pacific from $255.00 to $267.00 and gave the company a “neutral” rating in a report on Tuesday, November 12th. Finally, BMO Capital Markets decreased their price target on Union Pacific from $280.00 to $275.00 and set an “outperform” rating on the stock in a research note on Friday, September 20th. Nine research analysts have rated the stock with a hold rating, eleven have given a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat, Union Pacific presently has an average rating of “Moderate Buy” and an average price target of $259.80.

Union Pacific Company 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.