Union Pacific Co. (UNP) Holdings Raised by Standard Life Aberdeen plc

Standard Life Aberdeen plc boosted its holdings in shares of Union Pacific Co. (NYSE:UNP) by 5.3% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 387,302 shares of the railroad operator’s stock after purchasing an additional 19,538 shares during the period. Standard Life Aberdeen plc’s holdings in Union Pacific were worth $63,067,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in UNP. Landaas & Co. WI ADV bought a new stake in Union Pacific during the second quarter worth $133,000. grace capital bought a new position in shares of Union Pacific in the second quarter worth approximately $142,000. Brand Asset Management Group Inc. bought a new position in shares of Union Pacific in the second quarter worth approximately $169,000. Parkside Investments LLC bought a new position in shares of Union Pacific in the third quarter worth approximately $185,000. Finally, City Holding Co. bought a new position in shares of Union Pacific in the second quarter worth approximately $186,000. Hedge funds and other institutional investors own 80.15% of the company’s stock.

In related news, EVP Robert M. Knight, Jr. sold 20,000 shares of the stock in a transaction that occurred on Monday, September 24th. The shares were sold at an average price of $163.81, for a total transaction of $3,276,200.00. Following the transaction, the executive vice president now owns 106,518 shares in the company, valued at $17,448,713.58. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. 0.20% of the stock is owned by corporate insiders.

Several research analysts have recently issued reports on UNP shares. Morgan Stanley downgraded shares of Union Pacific from an “equal weight” rating to an “underweight” rating and dropped their target price for the stock from $141.00 to $134.00 in a research note on Monday, October 22nd. Cowen reiterated a “hold” rating and issued a $151.00 target price on shares of Union Pacific in a research note on Tuesday, September 18th. UBS Group upped their target price on shares of Union Pacific from $161.00 to $185.00 and gave the stock a “buy” rating in a research note on Thursday, September 20th. Deutsche Bank downgraded shares of Union Pacific from a “buy” rating to a “hold” rating and set a $162.00 target price on the stock. in a research note on Tuesday, August 14th. Finally, Zacks Investment Research downgraded shares of Union Pacific from a “buy” rating to a “hold” rating in a research note on Monday, November 19th. One research analyst has rated the stock with a sell rating, seven have assigned a hold rating and thirteen have assigned a buy rating to the stock. The company has an average rating of “Buy” and an average target price of $165.24.

Shares of Union Pacific stock opened at $153.78 on Friday. The company has a market cap of $110.87 billion, a P/E ratio of 26.56, a P/E/G ratio of 1.80 and a beta of 0.95. Union Pacific Co. has a twelve month low of $118.13 and a twelve month high of $165.63. The company has a debt-to-equity ratio of 1.01, a quick ratio of 0.89 and a current ratio of 1.06.

Union Pacific (NYSE:UNP) last issued its quarterly earnings data on Thursday, October 25th. The railroad operator reported $2.15 earnings per share for the quarter, beating the Zacks’ consensus estimate of $2.10 by $0.05. The company had revenue of $5.93 billion for the quarter, compared to the consensus estimate of $5.88 billion. Union Pacific had a net margin of 51.90% and a return on equity of 25.02%. During the same quarter in the prior year, the firm earned $1.50 earnings per share. On average, research analysts anticipate that Union Pacific Co. will post 7.84 earnings per share for the current fiscal year.

The business also recently disclosed a quarterly dividend, which will be paid on Friday, December 28th. Investors of record on Friday, November 30th will be given a dividend of $0.80 per share. The ex-dividend date is Thursday, November 29th. This represents a $3.20 dividend on an annualized basis and a yield of 2.08%. Union Pacific’s dividend payout ratio (DPR) is 55.27%.

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About Union Pacific

Union Pacific Corporation, through its subsidiary, Union Pacific Railroad Company, operates railroads in the United States. It offers transportation services for agricultural products, including grains, commodities produced from grains, and food and beverage products; automotive, such as finished vehicles and automotive parts; and chemicals comprising industrial chemicals, plastics, fertilizers, petroleum and liquid petroleum gases, crude oil, and soda ash.

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

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