Candriam Luxembourg S.C.A. trimmed its holdings in Union Pacific Co. (NYSE:UNP) by 35.0% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 112,539 shares of the railroad operator’s stock after selling 60,631 shares during the period. Candriam Luxembourg S.C.A.’s holdings in Union Pacific were worth $15,092,000 as of its most recent filing with the Securities and Exchange Commission.
Other institutional investors have also added to or reduced their stakes in the company. Clinton Group Inc. grew its stake in Union Pacific by 82.0% in the 2nd quarter. Clinton Group Inc. now owns 25,117 shares of the railroad operator’s stock valued at $2,735,000 after buying an additional 11,313 shares in the last quarter. Dempze Nancy E grew its position in shares of Union Pacific by 46.6% during the 4th quarter. Dempze Nancy E now owns 3,460 shares of the railroad operator’s stock valued at $465,000 after purchasing an additional 1,100 shares in the last quarter. Prudential Financial Inc. grew its position in shares of Union Pacific by 12.2% during the 3rd quarter. Prudential Financial Inc. now owns 2,562,570 shares of the railroad operator’s stock valued at $297,180,000 after purchasing an additional 277,810 shares in the last quarter. Crossmark Global Holdings Inc. purchased a new position in shares of Union Pacific during the 3rd quarter valued at $9,954,000. Finally, Northwestern Mutual Wealth Management Co. grew its position in shares of Union Pacific by 32.2% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 107,266 shares of the railroad operator’s stock valued at $11,683,000 after purchasing an additional 26,104 shares in the last quarter. Institutional investors and hedge funds own 80.16% of the company’s stock.
Shares of Union Pacific Co. (NYSE UNP) opened at $136.66 on Tuesday. Union Pacific Co. has a fifty-two week low of $101.06 and a fifty-two week high of $143.05. The company has a current ratio of 1.02, a quick ratio of 0.83 and a debt-to-equity ratio of 0.65. The stock has a market cap of $106,500.00, a price-to-earnings ratio of 22.55, a PEG ratio of 1.72 and a beta of 0.83.
The business also recently disclosed a quarterly dividend, which will be paid on Friday, March 30th. Stockholders of record on Wednesday, February 28th will be issued a dividend of $0.73 per share. This is an increase from Union Pacific’s previous quarterly dividend of $0.67. This represents a $2.92 dividend on an annualized basis and a dividend yield of 2.14%. The ex-dividend date is Tuesday, February 27th. Union Pacific’s payout ratio is currently 48.18%.
A number of research analysts have recently commented on the stock. UBS Group upgraded shares of Union Pacific from a “neutral” rating to a “buy” rating in a research report on Friday, January 5th. Citigroup upgraded shares of Union Pacific from a “neutral” rating to a “buy” rating in a research report on Wednesday, February 14th. ValuEngine lowered shares of Union Pacific from a “buy” rating to a “hold” rating in a research report on Wednesday, November 15th. TD Securities reduced their price target on shares of Union Pacific from $155.00 to $150.00 and set a “buy” rating for the company in a research report on Friday, January 26th. Finally, Scotiabank restated a “hold” rating and set a $148.00 price target on shares of Union Pacific in a research report on Thursday, January 25th. Three equities research analysts have rated the stock with a sell rating, fourteen have issued a hold rating and nine have issued a buy rating to the stock. The stock currently has an average rating of “Hold” and an average target price of $131.50.
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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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