Quantinno Capital Management LP Has $78.25 Million Stock Holdings in Union Pacific Corporation $UNP

Quantinno Capital Management LP grew its holdings in Union Pacific Corporation (NYSE:UNP) by 29.6% during the 1st quarter, HoldingsChannel reports. The firm owned 322,529 shares of the railroad operator’s stock after purchasing an additional 73,599 shares during the quarter. Quantinno Capital Management LP’s holdings in Union Pacific were worth $78,252,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. Vanguard Group Inc. lifted its position in shares of Union Pacific by 1.1% during the 4th quarter. Vanguard Group Inc. now owns 59,329,262 shares of the railroad operator’s stock worth $13,724,045,000 after buying an additional 659,378 shares during the last quarter. State Street Corp grew its position in Union Pacific by 4.3% in the fourth quarter. State Street Corp now owns 26,330,080 shares of the railroad operator’s stock valued at $6,090,674,000 after acquiring an additional 1,082,285 shares during the last quarter. Capital World Investors grew its position in Union Pacific by 92.1% in the fourth quarter. Capital World Investors now owns 20,136,349 shares of the railroad operator’s stock valued at $4,658,142,000 after acquiring an additional 9,655,306 shares during the last quarter. Geode Capital Management LLC raised its stake in Union Pacific by 2.0% during the fourth quarter. Geode Capital Management LLC now owns 15,360,668 shares of the railroad operator’s stock worth $3,552,550,000 after acquiring an additional 296,814 shares in the last quarter. Finally, Morgan Stanley raised its stake in Union Pacific by 5.0% during the fourth quarter. Morgan Stanley now owns 12,636,050 shares of the railroad operator’s stock worth $2,922,971,000 after acquiring an additional 602,647 shares in the last quarter. Institutional investors and hedge funds own 80.38% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently weighed in on UNP shares. Susquehanna raised their price target on shares of Union Pacific from $305.00 to $333.00 and gave the company a “positive” rating in a research note on Tuesday, July 14th. Robert W. Baird lifted their price target on shares of Union Pacific from $311.00 to $344.00 and gave the company an “outperform” rating in a report on Monday. Raymond James Financial reiterated a “strong-buy” rating on shares of Union Pacific in a research report on Monday, July 13th. Weiss Ratings raised shares of Union Pacific from a “buy (b-)” rating to a “buy (b)” rating in a research note on Friday. Finally, Barclays restated an “overweight” rating and issued a $350.00 target price (up from $315.00) on shares of Union Pacific in a research report on Friday. Two research analysts have rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and seven have given a Hold rating to the company. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $320.89.

Union Pacific News Summary

Here are the key news stories impacting Union Pacific this week:

• Positive Sentiment: Union Pacific and Norfolk Southern submitted additional customer protections to the Surface Transportation Board (STB), including expanded gateway pricing and temporary access to competing rail service if performance deteriorates. The commitments are intended to address shipper concerns and improve the merger’s chances of regulatory approval. Union Pacific, Norfolk Southern add new customer protections as STB merger review advances
• Positive Sentiment: Canadian National reportedly will not oppose the transaction under the revised arrangement, which would give CN access to certain shipper facilities facing fewer Class I railroad options. Reduced opposition may help the regulatory review advance. Canadian National won’t fight UP-NS merger under new deal
• Positive Sentiment: Robert W. Baird raised its Union Pacific price target to $344 from $311 and maintained an “outperform” rating, citing potential upside from the company’s operating outlook. Baird raises Union Pacific price target
• Positive Sentiment: Unusual options activity and recent analyst commentary point to continued investor interest in Union Pacific’s service-led growth strategy, margin improvement potential and standalone earnings prospects.
• Neutral Sentiment: Union Pacific’s second-quarter results exceeded expectations, with earnings of $3.41 per share and revenue of $6.86 billion. Revenue increased 11.5% year over year, providing fundamental support for the stock, although valuation remains elevated at roughly 24 times earnings.
• Negative Sentiment: The merger remains subject to STB approval, and the new customer guarantees could increase execution obligations and limit some of the anticipated financial benefits. Investors are also comparing UNP’s operating growth with Norfolk Southern’s more event-driven merger valuation, contributing to near-term uncertainty. Union Pacific, Norfolk Southern file supplemental information to STB on merger

Union Pacific Price Performance

Shares of UNP opened at $294.48 on Wednesday. The company has a quick ratio of 0.82, a current ratio of 0.99 and a debt-to-equity ratio of 1.40. The stock has a market cap of $174.94 billion, a PE ratio of 23.84, a PEG ratio of 3.08 and a beta of 0.96. Union Pacific Corporation has a 12-month low of $210.84 and a 12-month high of $315.99. The business has a 50-day simple moving average of $276.08 and a two-hundred day simple moving average of $259.46.

Union Pacific (NYSE:UNP) last announced its quarterly earnings results on Thursday, July 23rd. The railroad operator reported $3.41 EPS for the quarter, beating analysts’ consensus estimates of $3.26 by $0.15. The firm had revenue of $6.86 billion for the quarter, compared to analyst estimates of $6.72 billion. Union Pacific had a return on equity of 38.46% and a net margin of 28.85%.The business’s revenue for the quarter was up 11.5% on a year-over-year basis. During the same period last year, the firm posted $3.03 earnings per share. Analysts anticipate that Union Pacific Corporation will post 12.84 earnings per share for the current fiscal year.

Union Pacific Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Investors of record on Friday, May 29th were issued a $1.38 dividend. This represents a $5.52 dividend on an annualized basis and a yield of 1.9%. The ex-dividend date was Friday, May 29th. Union Pacific’s dividend payout ratio (DPR) is 44.70%.

Insider Buying and Selling

In related news, EVP Eric J. Gehringer sold 2,991 shares of Union Pacific stock in a transaction that occurred on Wednesday, June 3rd. The shares were sold at an average price of $263.96, for a total transaction of $789,504.36. Following the sale, the executive vice president directly owned 43,012 shares in the company, valued at $11,353,447.52. This trade represents a 6.50% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 0.22% of the stock is currently owned by corporate insiders.

About Union Pacific

Union Pacific Corporation (NYSE: UNP) is one of the largest freight railroad companies in the United States. Its principal operating subsidiary, Union Pacific Railroad, has roots that trace back to the Pacific Railway Act of 1862 and the construction of the first transcontinental rail link completed in 1869. The company is headquartered in Omaha, Nebraska, and operates as a holding company for rail transportation and related services.

Union Pacific’s core business is the movement of freight by rail across an extensive rail network serving the western two?thirds of the United States.