OxFORD Asset Management LLP Invests $3.70 Million in Union Pacific Co. (UNP)

OxFORD Asset Management LLP acquired a new position in shares of Union Pacific Co. (NYSE:UNP) in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm acquired 33,953 shares of the railroad operator’s stock, valued at approximately $3,698,000.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Pathstone Family Office LLC increased its holdings in shares of 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 purchasing an additional 52 shares in the last quarter. Proficio Capital Partners LLC increased its holdings in shares of Union Pacific by 36.3% in the first quarter. Proficio Capital Partners LLC now owns 1,028 shares of the railroad operator’s stock valued at $111,000 after purchasing an additional 274 shares in the last quarter. Mitsubishi UFJ Securities Holdings Co. Ltd. increased its holdings in shares of Union Pacific by 46.6% in the second quarter. Mitsubishi UFJ Securities Holdings Co. Ltd. now owns 1,070 shares of the railroad operator’s stock valued at $117,000 after purchasing an additional 340 shares in the last quarter. SRS Capital Advisors Inc. increased its holdings in shares of Union Pacific by 147.2% in the first quarter. SRS Capital Advisors Inc. now owns 1,152 shares of the railroad operator’s stock valued at $122,000 after purchasing an additional 686 shares in the last quarter. Finally, Ullmann Financial Group Inc. acquired a new stake in shares of Union Pacific in the first quarter valued at approximately $122,000. 78.63% of the stock is owned by institutional investors.

A number of brokerages recently weighed in on UNP. Stifel Nicolaus raised their price target on shares of Union Pacific from $118.00 to $120.00 and gave the company a “hold” rating in a report on Friday, August 18th. Royal Bank Of Canada reaffirmed a “hold” rating and issued a $115.00 price objective on shares of Union Pacific in a research note on Friday, August 25th. Morgan Stanley raised their price objective on shares of Union Pacific from $100.00 to $104.00 and gave the company an “equal weight” rating in a research note on Tuesday, October 31st. BMO Capital Markets reaffirmed a “buy” rating and issued a $123.00 price objective on shares of Union Pacific in a research note on Friday, September 15th. Finally, Goldman Sachs Group initiated coverage on shares of Union Pacific in a research note on Monday, November 13th. They issued a “sell” rating and a $103.00 price objective on the stock. Three investment analysts have rated the stock with a sell rating, sixteen have assigned a hold rating and four have assigned a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and a consensus price target of $118.53.

Shares of Union Pacific Co. (NYSE UNP) traded up $5.46 during midday trading on Tuesday, hitting $130.08. 9,092,500 shares of the stock were exchanged, compared to its average volume of 3,572,774. The company has a market capitalization of $98,096.98, a PE ratio of 22.02, a price-to-earnings-growth ratio of 2.02 and a beta of 0.90. Union Pacific Co. has a 52 week low of $101.06 and a 52 week high of $132.00. The company has a current ratio of 1.16, a quick ratio of 0.97 and a debt-to-equity ratio of 0.83.

Union Pacific (NYSE:UNP) last announced its quarterly earnings results on Thursday, October 26th. The railroad operator reported $1.50 earnings per share for the quarter, topping analysts’ consensus estimates of $1.49 by $0.01. The company had revenue of $5.41 billion for the quarter, compared to analysts’ expectations of $5.32 billion. Union Pacific had a net margin of 21.84% and a return on equity of 23.35%. The business’s quarterly revenue was up 4.5% compared to the same quarter last year. During the same period last year, the firm posted $1.36 earnings per share. analysts forecast that Union Pacific Co. will post 5.78 EPS for the current fiscal year.

The company also recently declared a quarterly dividend, which will be paid on Thursday, December 28th. Stockholders of record on Thursday, November 30th will be given a dividend of $0.665 per share. This represents a $2.66 dividend on an annualized basis and a dividend yield of 2.04%. This is a boost from Union Pacific’s previous quarterly dividend of $0.61. The ex-dividend date is Wednesday, November 29th. Union Pacific’s dividend payout ratio (DPR) is currently 47.00%.

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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.

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

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