Bishop Rock Capital L.P. Has $5.33 Million Position in Union Pacific Co. (UNP)

Bishop Rock Capital L.P. lessened its stake in shares of Union Pacific Co. (NYSE:UNP) by 1.6% during the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 48,969 shares of the railroad operator’s stock after selling 786 shares during the period. Union Pacific comprises approximately 2.7% of Bishop Rock Capital L.P.’s investment portfolio, making the stock its 20th largest holding. Bishop Rock Capital L.P.’s holdings in Union Pacific were worth $5,333,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in UNP. FMR LLC raised its holdings in Union Pacific by 84.6% during the second quarter. FMR LLC now owns 9,603,068 shares of the railroad operator’s stock worth $1,045,870,000 after acquiring an additional 4,399,980 shares in the last quarter. Voya Investment Management LLC raised its holdings in Union Pacific by 88.7% during the second quarter. Voya Investment Management LLC now owns 4,060,423 shares of the railroad operator’s stock worth $442,221,000 after acquiring an additional 1,908,175 shares in the last quarter. Ameriprise Financial Inc. raised its holdings in Union Pacific by 59.3% during the second quarter. Ameriprise Financial Inc. now owns 4,773,609 shares of the railroad operator’s stock worth $519,785,000 after acquiring an additional 1,776,644 shares in the last quarter. AQR Capital Management LLC raised its holdings in Union Pacific by 212.5% during the first quarter. AQR Capital Management LLC now owns 2,387,750 shares of the railroad operator’s stock worth $252,911,000 after acquiring an additional 1,623,701 shares in the last quarter. Finally, Vanguard Group Inc. raised its holdings in Union Pacific by 1.9% during the second quarter. Vanguard Group Inc. now owns 61,505,708 shares of the railroad operator’s stock worth $6,698,588,000 after acquiring an additional 1,146,109 shares in the last quarter. Institutional investors and hedge funds own 78.63% of the company’s stock.

Union Pacific Co. (UNP) traded down $0.06 during trading on Thursday, hitting $127.95. The stock had a trading volume of 3,817,800 shares, compared to its average volume of 3,579,691. Union Pacific Co. has a 52 week low of $101.06 and a 52 week high of $132.00. 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 firm has a market capitalization of $100,765.47, a P/E ratio of 22.62, a price-to-earnings-growth ratio of 2.08 and a beta of 0.90.

Union Pacific (NYSE:UNP) last posted its earnings results on Thursday, October 26th. The railroad operator reported $1.50 EPS for the quarter, beating the 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 the consensus estimate of $5.32 billion. During the same quarter in the prior year, the business earned $1.36 earnings per share. The firm’s revenue for the quarter was up 4.5% on a year-over-year basis. sell-side analysts predict that Union Pacific Co. will post 5.78 EPS for the current year.

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

Several analysts have issued reports on the company. Goldman Sachs Group assumed coverage on Union Pacific in a research note on Monday, November 13th. They issued a “sell” rating and a $103.00 price objective on the stock. Morgan Stanley upped their price objective on Union Pacific from $100.00 to $104.00 and gave the company an “equal weight” rating in a research note on Tuesday, October 31st. Off Wall Street assumed coverage on Union Pacific in a research note on Tuesday, October 17th. They issued a “sell” rating on the stock. UBS upped their price objective on Union Pacific from $115.00 to $126.00 and gave the company a “neutral” rating in a research note on Friday, October 27th. Finally, Argus upped their price objective on Union Pacific from $125.00 to $130.00 and gave the company a “buy” rating in a research note on Tuesday, October 31st. Three research analysts have rated the stock with a sell rating, sixteen have given a hold rating and four have issued a buy rating to the company. The company currently has a consensus rating of “Hold” and a consensus price target of $118.53.

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

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