State Board of Administration of Florida Retirement System Sells 4,350 Shares of Union Pacific Co. (UNP)

State Board of Administration of Florida Retirement System lowered its stake in shares of Union Pacific Co. (NYSE:UNP) by 0.4% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 1,172,048 shares of the railroad operator’s stock after selling 4,350 shares during the quarter. State Board of Administration of Florida Retirement System owned 0.15% of Union Pacific worth $135,922,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors also recently bought and sold shares of UNP. Mitsubishi UFJ Securities Holdings Co. Ltd. increased its holdings in 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 buying an additional 340 shares during the last quarter. SRS Capital Advisors Inc. increased its holdings in 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 buying an additional 686 shares during the last quarter. Acrospire Investment Management LLC boosted its stake in Union Pacific by 33.3% in the second quarter. Acrospire Investment Management LLC now owns 1,200 shares of the railroad operator’s stock valued at $131,000 after acquiring an additional 300 shares in the last quarter. Community Bank N.A. boosted its stake in Union Pacific by 3.0% in the second quarter. Community Bank N.A. now owns 1,537 shares of the railroad operator’s stock valued at $168,000 after acquiring an additional 45 shares in the last quarter. Finally, Jacobi Capital Management LLC boosted its stake in Union Pacific by 6.6% in the second quarter. Jacobi Capital Management LLC now owns 1,705 shares of the railroad operator’s stock valued at $185,000 after acquiring an additional 105 shares in the last quarter. 78.43% of the stock is currently owned by institutional investors and hedge funds.

Union Pacific Co. (NYSE UNP) opened at $134.10 on Friday. Union Pacific Co. has a 1-year low of $101.06 and a 1-year high of $136.32. The company has a debt-to-equity ratio of 0.83, a current ratio of 1.16 and a quick ratio of 0.97. The stock has a market cap of $106,430.00, a PE ratio of 23.73, a price-to-earnings-growth ratio of 2.21 and a beta of 0.90.

Union Pacific (NYSE:UNP) last issued its earnings results on Thursday, October 26th. The railroad operator reported $1.50 earnings per share (EPS) for the quarter, beating the Zacks’ 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 during the quarter, compared to analysts’ expectations of $5.32 billion. During the same period last year, the company posted $1.36 earnings per share. The firm’s quarterly revenue was up 4.5% compared to the same quarter last year. equities research analysts anticipate that Union Pacific Co. will post 5.78 EPS for the current year.

The business also recently announced a quarterly dividend, which was paid on Thursday, December 28th. Shareholders of record on Thursday, November 30th were issued a $0.665 dividend. The ex-dividend date was Wednesday, November 29th. This is a boost from Union Pacific’s previous quarterly dividend of $0.61. This represents a $2.66 dividend on an annualized basis and a yield of 1.98%. Union Pacific’s dividend payout ratio (DPR) is 47.08%.

Several equities analysts have issued reports on UNP shares. BMO Capital Markets restated a “buy” rating and issued a $123.00 price objective on shares of Union Pacific in a research note on Friday, September 15th. Robert W. Baird restated a “hold” rating and issued a $116.00 price objective on shares of Union Pacific in a research note on Sunday, September 17th. Morgan Stanley downgraded shares of Union Pacific from an “overweight” rating to an “equal weight” rating and decreased their price objective for the company from $102.00 to $100.00 in a research note on Monday, October 2nd. Citigroup downgraded shares of Union Pacific from a “buy” rating to a “neutral” rating and set a $120.00 price objective for the company. in a research note on Wednesday, October 4th. Finally, Aegis downgraded shares of Union Pacific from a “buy” rating to a “hold” rating and increased their target price for the stock from $120.00 to $122.00 in a research note on Tuesday, October 10th. Three analysts have rated the stock with a sell rating, sixteen have issued a hold rating and four have given a buy rating to the company’s stock. The stock has an average rating of “Hold” and an average price target 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.

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

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