Cim LLC lowered its holdings in Union Pacific Co. (NYSE:UNP) by 57.1% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 2,988 shares of the railroad operator’s stock after selling 3,978 shares during the quarter. Cim LLC’s holdings in Union Pacific were worth $347,000 at the end of the most recent quarter.
A number of other hedge funds and other institutional investors have also bought and sold shares of UNP. Pathstone Family Office LLC boosted its position in Union Pacific by 41.3% in the second quarter. Pathstone Family Office LLC now owns 178 shares of the railroad operator’s stock valued at $2,304,000 after buying an additional 52 shares in the last quarter. Mitsubishi UFJ Securities Holdings Co. Ltd. lifted its position in shares of Union Pacific by 46.6% during the second quarter. Mitsubishi UFJ Securities Holdings Co. Ltd. now owns 1,070 shares of the railroad operator’s stock worth $117,000 after purchasing an additional 340 shares in the last quarter. SRS Capital Advisors Inc. lifted its position in shares of Union Pacific by 147.2% during the first quarter. SRS Capital Advisors Inc. now owns 1,152 shares of the railroad operator’s stock worth $122,000 after purchasing an additional 686 shares in the last quarter. Acrospire Investment Management LLC lifted its position in shares of Union Pacific by 33.3% during the second quarter. Acrospire Investment Management LLC now owns 1,200 shares of the railroad operator’s stock worth $131,000 after purchasing an additional 300 shares in the last quarter. Finally, Community Bank N.A. lifted its position in shares of Union Pacific by 3.0% during the second quarter. Community Bank N.A. now owns 1,537 shares of the railroad operator’s stock worth $168,000 after purchasing an additional 45 shares in the last quarter. 78.43% of the stock is currently owned by institutional investors and hedge funds.
Union Pacific Co. (UNP) opened at $135.80 on Friday. Union Pacific Co. has a twelve month low of $101.06 and a twelve month high of $137.88. The firm has a market cap of $106,900.00, a P/E ratio of 24.04, a P/E/G ratio of 1.97 and a beta of 0.90. The company has a quick ratio of 0.97, a current ratio of 1.16 and a debt-to-equity ratio of 0.83.
The company also recently announced a quarterly dividend, which was paid on Thursday, December 28th. Shareholders of record on Thursday, November 30th were paid a $0.665 dividend. This represents a $2.66 annualized dividend and a yield of 1.96%. The ex-dividend date of this dividend was Wednesday, November 29th. This is an increase from Union Pacific’s previous quarterly dividend of $0.61. Union Pacific’s dividend payout ratio is presently 47.08%.
UNP has been the topic of a number of research reports. Barclays reiterated a “buy” rating and set a $150.00 target price on shares of Union Pacific in a research report on Wednesday, December 13th. Argus upped their target price on shares of Union Pacific from $125.00 to $130.00 and gave the stock a “buy” rating in a research report on Tuesday, October 31st. BMO Capital Markets reiterated a “buy” rating on shares of Union Pacific in a research report on Friday, October 20th. Morgan Stanley lowered shares of Union Pacific from an “overweight” rating to an “equal weight” rating and reduced their target price for the stock from $102.00 to $100.00 in a research report on Monday, October 2nd. Finally, Royal Bank of Canada reiterated a “hold” rating and set a $124.00 target price on shares of Union Pacific in a research report on Thursday, November 9th. Three investment analysts have rated the stock with a sell rating, sixteen have given a hold rating and four have assigned a buy rating to the company. The company presently has an average rating of “Hold” and a consensus target price of $120.00.
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Union Pacific Profile
Union Pacific Corporation is a railroad operating company in the United States. The Company operates through its principal operating company, Union Pacific Railroad Company (UPRR). Its business mix includes Agricultural Products, Automotive, Chemicals, Coal, Industrial Products and Intermodal. Its freight traffic consists of bulk, manifest, and premium business.
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