Union Pacific Co. (NYSE:UNP) Shares Purchased by Wilmington Savings Fund Society FSB

Wilmington Savings Fund Society FSB increased its position in shares of Union Pacific Co. (NYSE:UNP) by 124.1% during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 52,963 shares of the railroad operator’s stock after buying an additional 29,330 shares during the quarter. Wilmington Savings Fund Society FSB’s holdings in Union Pacific were worth $13,054,000 as of its most recent SEC filing.

Several other institutional investors also recently added to or reduced their stakes in the company. State Street Corp raised its position in Union Pacific by 0.9% in the 3rd quarter. State Street Corp now owns 24,788,337 shares of the railroad operator’s stock valued at $6,109,829,000 after purchasing an additional 217,780 shares during the last quarter. Geode Capital Management LLC increased its stake in Union Pacific by 1.4% in the third quarter. Geode Capital Management LLC now owns 12,813,686 shares of the railroad operator’s stock valued at $3,146,451,000 after purchasing an additional 182,620 shares during the period. Ameriprise Financial Inc. raised its holdings in shares of Union Pacific by 1.3% in the second quarter. Ameriprise Financial Inc. now owns 8,312,154 shares of the railroad operator’s stock valued at $1,880,701,000 after buying an additional 106,996 shares during the last quarter. Fisher Asset Management LLC boosted its stake in shares of Union Pacific by 2.3% during the third quarter. Fisher Asset Management LLC now owns 6,285,585 shares of the railroad operator’s stock worth $1,549,271,000 after buying an additional 143,896 shares during the period. Finally, Legal & General Group Plc raised its stake in Union Pacific by 2.1% during the 2nd quarter. Legal & General Group Plc now owns 5,970,669 shares of the railroad operator’s stock valued at $1,350,924,000 after acquiring an additional 124,571 shares during the last quarter. Institutional investors and hedge funds own 80.38% of the company’s stock.

Union Pacific Price Performance

Union Pacific stock opened at $232.74 on Thursday. The firm’s 50-day moving average is $238.60 and its two-hundred day moving average is $238.30. The company has a debt-to-equity ratio of 1.79, a current ratio of 0.77 and a quick ratio of 0.63. The stock has a market capitalization of $141.10 billion, a P/E ratio of 21.47, a P/E/G 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.

Union Pacific (NYSE:UNP) last announced its earnings results on Thursday, October 24th. The railroad operator reported $2.75 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.78 by ($0.03). The firm had revenue of $6.09 billion for 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%. The firm’s revenue was up 2.5% compared to the same quarter last year. During the same quarter last year, the business posted $2.51 EPS. Equities analysts predict that Union Pacific Co. will post 10.94 earnings per share for the current year.

Union Pacific Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, December 30th. Stockholders of record on Monday, December 9th will be paid a dividend of $1.34 per share. This represents a $5.36 dividend on an annualized basis and a dividend yield of 2.30%. The ex-dividend date of this dividend is Monday, December 9th. Union Pacific’s dividend payout ratio is currently 49.22%.

Analyst Upgrades and Downgrades

A number of research analysts have recently issued reports on the company. Susquehanna dropped their target price on Union Pacific from $260.00 to $255.00 and set a “neutral” rating on the stock in a report on Friday, October 25th. Robert W. Baird reduced their target price on shares of Union Pacific from $270.00 to $260.00 and set an “outperform” rating for the company in a research note on Friday, October 25th. TD Cowen dropped their price target 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. Barclays increased their price target on shares of Union Pacific from $275.00 to $285.00 and gave the stock an “overweight” rating in a report on Wednesday, November 13th. Finally, Daiwa America lowered Union Pacific from a “moderate buy” rating to a “hold” rating in a report on Wednesday, September 4th. 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’s stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus 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.