Union Pacific Co. (NYSE:UNP) Position Boosted by Nordea Investment Management AB

Nordea Investment Management AB raised its holdings in shares of Union Pacific Co. (NYSE:UNP) by 3.9% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 107,488 shares of the railroad operator’s stock after acquiring an additional 4,075 shares during the period. Nordea Investment Management AB’s holdings in Union Pacific were worth $24,499,000 as of its most recent SEC filing.

A number of other institutional investors also recently added to or reduced their stakes in UNP. Acadian Asset Management LLC lifted its holdings in Union Pacific by 116.3% in the second quarter. Acadian Asset Management LLC now owns 19,552 shares of the railroad operator’s stock worth $4,421,000 after purchasing an additional 10,511 shares during the period. Daiwa Securities Group Inc. raised its position in shares of Union Pacific by 11.9% during the 2nd quarter. Daiwa Securities Group Inc. now owns 71,356 shares of the railroad operator’s stock worth $16,145,000 after buying an additional 7,604 shares in the last quarter. Gryphon Financial Partners LLC lifted its stake in shares of Union Pacific by 19.5% in the 2nd quarter. Gryphon Financial Partners LLC now owns 2,719 shares of the railroad operator’s stock worth $615,000 after acquiring an additional 443 shares during the period. Angeles Wealth Management LLC boosted its holdings in shares of Union Pacific by 5.6% in the second quarter. Angeles Wealth Management LLC now owns 6,256 shares of the railroad operator’s stock valued at $1,415,000 after acquiring an additional 334 shares in the last quarter. Finally, Studio Investment Management LLC increased its stake in shares of Union Pacific by 5.3% during the second quarter. Studio Investment Management LLC now owns 9,807 shares of the railroad operator’s stock valued at $2,219,000 after acquiring an additional 497 shares during the period. Institutional investors and hedge funds own 80.38% of the company’s stock.

Analysts Set New Price Targets

A number of equities research analysts have weighed in on UNP shares. Barclays upped their target price on Union Pacific from $275.00 to $285.00 and gave the stock an “overweight” rating in a research report on Wednesday, November 13th. Susquehanna decreased their target price on Union Pacific from $260.00 to $255.00 and set a “neutral” rating for the company in a research note on Friday, October 25th. StockNews.com cut shares of Union Pacific from a “buy” rating to a “hold” rating in a research report on Tuesday, October 1st. Robert W. Baird reduced their price objective on shares of Union Pacific from $270.00 to $260.00 and set an “outperform” rating for the company in a research report on Friday, October 25th. Finally, Bank of America dropped their target price on shares of Union Pacific from $273.00 to $270.00 and set a “buy” rating on the stock in a report on Tuesday, September 24th. 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.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $260.30.

Union Pacific Price Performance

Shares of NYSE:UNP opened at $231.58 on Thursday. The firm has a market cap of $140.40 billion, a price-to-earnings ratio of 21.27, a P/E/G ratio of 2.33 and a beta of 1.06. Union Pacific Co. has a 1 year low of $218.55 and a 1 year high of $258.66. The company has a current ratio of 0.77, a quick ratio of 0.63 and a debt-to-equity ratio of 1.79. The business has a fifty day simple moving average of $234.80 and a 200 day simple moving average of $238.68.

Union Pacific (NYSE:UNP) last posted its quarterly earnings results on Thursday, October 24th. The railroad operator reported $2.75 earnings per share 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 analysts’ expectations 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 for the quarter was up 2.5% on a year-over-year basis. During the same period last year, the business earned $2.51 earnings per share. As a group, sell-side analysts predict that Union Pacific Co. will post 10.94 earnings per share for the current fiscal year.

Union Pacific Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, December 30th. Shareholders of record on Monday, December 9th were given a $1.34 dividend. This represents a $5.36 annualized dividend and a yield of 2.31%. The ex-dividend date of this dividend was Monday, December 9th. Union Pacific’s dividend payout ratio is 49.22%.

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.