Union Pacific Co. (UNP) Shares Bought by Probity Advisors Inc.

Probity Advisors Inc. raised its position in shares of Union Pacific Co. (NYSE:UNP) by 26.7% in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 6,457 shares of the railroad operator’s stock after purchasing an additional 1,361 shares during the period. Probity Advisors Inc.’s holdings in Union Pacific were worth $749,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Beacon Trust Co. raised its position in shares of Union Pacific by 1.5% in the 1st quarter. Beacon Trust Co. now owns 84,014 shares of the railroad operator’s stock worth $9,068,000 after acquiring an additional 1,233 shares in the last quarter. Obermeyer Wood Investment Counsel Lllp raised its position in shares of Union Pacific by 1.8% in the 1st quarter. Obermeyer Wood Investment Counsel Lllp now owns 2,823 shares of the railroad operator’s stock worth $299,000 after acquiring an additional 50 shares in the last quarter. Shufro Rose & Co. LLC raised its position in shares of Union Pacific by 2.7% in the 1st quarter. Shufro Rose & Co. LLC now owns 11,501 shares of the railroad operator’s stock worth $1,218,000 after acquiring an additional 301 shares in the last quarter. Raymond James Financial Services Advisors Inc. raised its position in shares of Union Pacific by 8.1% in the 1st quarter. Raymond James Financial Services Advisors Inc. now owns 545,905 shares of the railroad operator’s stock worth $57,823,000 after acquiring an additional 41,036 shares in the last quarter. Finally, United Bank Inc. raised its position in shares of Union Pacific by 8.4% in the 1st quarter. United Bank Inc. now owns 44,499 shares of the railroad operator’s stock worth $4,713,000 after acquiring an additional 3,444 shares in the last quarter. 78.43% of the stock is owned by institutional investors and hedge funds.

Shares of Union Pacific Co. (NYSE UNP) opened at $134.47 on Tuesday. The company has a debt-to-equity ratio of 0.83, a quick ratio of 0.97 and a current ratio of 1.16. The firm has a market capitalization of $106,440.00, a PE ratio of 23.80, a price-to-earnings-growth ratio of 2.17 and a beta of 0.90. Union Pacific Co. has a one year low of $101.06 and a one year high of $135.30.

Union Pacific (NYSE:UNP) last posted its quarterly earnings results on Thursday, October 26th. The railroad operator reported $1.50 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $1.49 by $0.01. The business had revenue of $5.41 billion for the quarter, compared to the consensus estimate of $5.32 billion. Union Pacific had a return on equity of 24.71% and a net margin of 22.08%. The company’s quarterly revenue was up 4.5% compared to the same quarter last year. During the same quarter in the previous year, the business earned $1.36 EPS. equities research analysts forecast that Union Pacific Co. will post 5.78 earnings per share for the current year.

The company also recently declared a quarterly dividend, which will be paid on Thursday, December 28th. Shareholders of record on Thursday, November 30th will be paid a dividend of $0.665 per share. This represents a $2.66 annualized dividend and a yield of 1.98%. The ex-dividend date of this dividend is Wednesday, November 29th. This is an increase from Union Pacific’s previous quarterly dividend of $0.61. Union Pacific’s payout ratio is presently 47.08%.

Several research analysts have recently commented on UNP shares. Goldman Sachs Group started coverage on Union Pacific in a research report on Monday, November 13th. They issued a “sell” rating and a $103.00 price target for the company. Morgan Stanley boosted their price target on Union Pacific from $100.00 to $104.00 and gave the stock an “equal weight” rating in a research report on Tuesday, October 31st. UBS Group boosted their price target on Union Pacific from $115.00 to $126.00 and gave the stock a “neutral” rating in a research report on Friday, October 27th. Off Wall Street assumed coverage on Union Pacific in a research note on Tuesday, October 17th. They set a “sell” rating on the stock. Finally, Argus boosted their target price on Union Pacific from $125.00 to $130.00 and gave the stock 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 stock currently has an average rating of “Hold” and an average target price of $120.00.

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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.

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

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