Union Pacific Co. (UNP) Position Raised by Talara Capital Management LLC

Talara Capital Management LLC boosted its position in shares of Union Pacific Co. (NYSE:UNP) by 0.3% in the second quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 79,013 shares of the railroad operator’s stock after buying an additional 220 shares during the quarter. Union Pacific makes up about 3.0% of Talara Capital Management LLC’s holdings, making the stock its 14th biggest holding. Talara Capital Management LLC’s holdings in Union Pacific were worth $8,605,000 at the end of the most recent reporting period.

Other large investors have also recently bought and sold shares of the company. FMR LLC raised its holdings in Union Pacific by 84.6% in the 2nd quarter. FMR LLC now owns 9,603,068 shares of the railroad operator’s stock worth $1,045,870,000 after purchasing an additional 4,399,980 shares in the last quarter. Ameriprise Financial Inc. raised its holdings in Union Pacific by 59.3% in the 2nd quarter. Ameriprise Financial Inc. now owns 4,773,609 shares of the railroad operator’s stock worth $519,785,000 after purchasing an additional 1,776,644 shares in the last quarter. AQR Capital Management LLC raised its holdings in Union Pacific by 212.5% in the 1st quarter. AQR Capital Management LLC now owns 2,387,750 shares of the railroad operator’s stock worth $252,911,000 after purchasing an additional 1,623,701 shares in the last quarter. Vanguard Group Inc. raised its holdings in Union Pacific by 1.9% in the 2nd quarter. Vanguard Group Inc. now owns 61,505,708 shares of the railroad operator’s stock worth $6,698,588,000 after purchasing an additional 1,146,109 shares in the last quarter. Finally, Harbour Capital Advisors LLC raised its holdings in Union Pacific by 11,520.3% in the 2nd quarter. Harbour Capital Advisors LLC now owns 1,127,981 shares of the railroad operator’s stock worth $10,357,000 after purchasing an additional 1,118,274 shares in the last quarter. Institutional investors own 78.63% of the company’s stock.

Several research analysts have commented on the stock. BMO Capital Markets restated a “buy” rating and issued a $123.00 price objective on shares of Union Pacific in a report on Friday, August 11th. BidaskClub upgraded shares of Union Pacific from a “strong sell” rating to a “sell” rating in a report on Friday, August 18th. Royal Bank Of Canada reaffirmed a “hold” rating and issued a $115.00 target price on shares of Union Pacific in a research report on Friday, August 25th. J P Morgan Chase & Co upped their target price on shares of Union Pacific from $106.00 to $113.00 and gave the stock a “neutral” rating in a research report on Thursday, October 12th. Finally, Stifel Nicolaus upped their target price on shares of Union Pacific from $118.00 to $120.00 and gave the stock a “hold” rating in a research report on Friday, August 18th. Three investment analysts have rated the stock with a sell rating, sixteen have issued a hold rating and four have issued a buy rating to the stock. Union Pacific currently has a consensus rating of “Hold” and a consensus target price of $118.53.

Union Pacific Co. (UNP) traded down $2.07 during trading hours on Wednesday, hitting $128.01. 4,953,100 shares of the stock were exchanged, compared to its average volume of 3,578,673. Union Pacific Co. has a 12-month low of $101.06 and a 12-month high of $132.00. The stock has a market cap of $102,394.91, a P/E ratio of 22.98, a PEG ratio of 2.11 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.

Union Pacific (NYSE:UNP) last announced its quarterly earnings data on Thursday, October 26th. The railroad operator reported $1.50 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $1.49 by $0.01. Union Pacific had a net margin of 21.84% and a return on equity of 23.35%. The company had revenue of $5.41 billion for the quarter, compared to the consensus estimate of $5.32 billion. During the same period in the prior year, the firm posted $1.36 EPS. Union Pacific’s revenue for the quarter was up 4.5% on a year-over-year basis. analysts expect that Union Pacific Co. will post 5.78 EPS for the current fiscal year.

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, December 28th. Investors of record on Thursday, November 30th will be given a dividend of $0.665 per share. This represents a $2.66 annualized dividend and a yield of 2.08%. This is an increase from Union Pacific’s previous quarterly dividend of $0.61. The ex-dividend date of this dividend is Wednesday, November 29th. Union Pacific’s dividend payout ratio is 47.00%.

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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.

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

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