Financial Partners Capital Management LLC Acquires Shares of 1,796 Union Pacific Co. (UNP)

Financial Partners Capital Management LLC acquired a new stake in Union Pacific Co. (NYSE:UNP) in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor acquired 1,796 shares of the railroad operator’s stock, valued at approximately $208,000.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Vanguard Group Inc. lifted its holdings in Union Pacific by 1.9% during the 2nd quarter. Vanguard Group Inc. now owns 61,505,708 shares of the railroad operator’s stock valued at $6,698,588,000 after purchasing an additional 1,146,109 shares during the last quarter. BlackRock Inc. lifted its holdings in Union Pacific by 0.3% during the 2nd quarter. BlackRock Inc. now owns 50,764,821 shares of the railroad operator’s stock valued at $5,528,796,000 after purchasing an additional 141,521 shares during the last quarter. FMR LLC lifted its holdings in Union Pacific by 84.6% during the 2nd quarter. FMR LLC now owns 9,603,068 shares of the railroad operator’s stock valued at $1,045,870,000 after purchasing an additional 4,399,980 shares during the last quarter. TIAA CREF Investment Management LLC lifted its holdings in Union Pacific by 0.6% during the 2nd quarter. TIAA CREF Investment Management LLC now owns 7,948,391 shares of the railroad operator’s stock valued at $865,659,000 after purchasing an additional 46,298 shares during the last quarter. Finally, Capital World Investors lifted its holdings in Union Pacific by 0.7% during the 2nd quarter. Capital World Investors now owns 7,328,002 shares of the railroad operator’s stock valued at $798,093,000 after purchasing an additional 50,000 shares during the last quarter. 78.47% of the stock is owned by institutional investors.

Union Pacific Co. (NYSE UNP) opened at $140.43 on Friday. The company has a debt-to-equity ratio of 0.83, a current ratio of 1.16 and a quick ratio of 0.97. Union Pacific Co. has a 12-month low of $101.06 and a 12-month high of $142.19. The company has a market capitalization of $110,540.00, a price-to-earnings ratio of 24.85, a P/E/G ratio of 1.89 and a beta of 0.90.

Union Pacific (NYSE:UNP) last issued its quarterly earnings results on Thursday, October 26th. The railroad operator reported $1.50 EPS for the quarter, topping the Zacks’ consensus estimate of $1.49 by $0.01. Union Pacific had a return on equity of 23.35% and a net margin of 21.84%. The company had revenue of $5.41 billion for the quarter, compared to analysts’ expectations of $5.32 billion. During the same quarter last year, the business earned $1.36 earnings per share. Union Pacific’s revenue was up 4.5% on a year-over-year basis. analysts expect that Union Pacific Co. will post 5.79 EPS for the current fiscal year.

The business also recently declared a quarterly dividend, which was paid on Thursday, December 28th. Investors of record on Thursday, November 30th were given a $0.665 dividend. The ex-dividend date of this dividend was Wednesday, November 29th. This represents a $2.66 dividend on an annualized basis and a dividend yield of 1.89%. This is a boost from Union Pacific’s previous quarterly dividend of $0.61. Union Pacific’s dividend payout ratio (DPR) is presently 47.08%.

Several equities research analysts have issued reports on the company. Zacks Investment Research raised Union Pacific from a “hold” rating to a “buy” rating and set a $157.00 price target for the company in a report on Monday. Scotiabank set a $150.00 target price on Union Pacific and gave the stock a “hold” rating in a report on Thursday, January 11th. Daiwa Capital Markets raised Union Pacific from a “hold” rating to an “outperform” rating in a report on Thursday, January 11th. BMO Capital Markets reissued a “buy” rating and set a $150.00 target price on shares of Union Pacific in a report on Monday, January 8th. Finally, UBS Group raised Union Pacific from a “neutral” rating to a “buy” rating in a report on Friday, January 5th. Three analysts have rated the stock with a sell rating, thirteen have issued a hold rating and eight have assigned a buy rating to the company’s stock. Union Pacific has an average rating of “Hold” and a consensus target price of $125.16.

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Union Pacific Company 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.

Institutional Ownership by Quarter for Union Pacific (NYSE:UNP)

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