Qsemble Capital Management LP Has $4.98 Million Holdings in Union Pacific Co. (NYSE:UNP)

Qsemble Capital Management LP lifted its stake in shares of Union Pacific Co. (NYSE:UNP) by 169.8% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 22,009 shares of the railroad operator’s stock after purchasing an additional 13,852 shares during the quarter. Union Pacific accounts for about 0.9% of Qsemble Capital Management LP’s portfolio, making the stock its 7th largest position. Qsemble Capital Management LP’s holdings in Union Pacific were worth $4,980,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also added to or reduced their stakes in UNP. Norges Bank acquired a new stake in shares of Union Pacific during the fourth quarter valued at about $1,832,127,000. Capital Research Global Investors grew its holdings in Union Pacific by 7.6% during the 1st quarter. Capital Research Global Investors now owns 7,370,752 shares of the railroad operator’s stock worth $1,812,689,000 after acquiring an additional 518,985 shares during the last quarter. Fisher Asset Management LLC increased its position in Union Pacific by 2.0% in the 4th quarter. Fisher Asset Management LLC now owns 5,856,266 shares of the railroad operator’s stock valued at $1,438,417,000 after acquiring an additional 113,946 shares during the period. Franklin Resources Inc. raised its stake in shares of Union Pacific by 7.1% during the fourth quarter. Franklin Resources Inc. now owns 5,504,181 shares of the railroad operator’s stock valued at $1,351,937,000 after acquiring an additional 364,029 shares during the last quarter. Finally, Clearbridge Investments LLC lifted its holdings in shares of Union Pacific by 5.7% during the first quarter. Clearbridge Investments LLC now owns 4,396,974 shares of the railroad operator’s stock worth $1,081,348,000 after purchasing an additional 237,083 shares during the period. 80.38% of the stock is currently owned by institutional investors and hedge funds.

Union Pacific Price Performance

Shares of UNP opened at $247.47 on Thursday. The business’s fifty day moving average is $242.06 and its 200 day moving average is $239.24. Union Pacific Co. has a 12-month low of $199.33 and a 12-month high of $258.66. The company has a quick ratio of 0.86, a current ratio of 1.05 and a debt-to-equity ratio of 1.89. The stock has a market cap of $150.99 billion, a P/E ratio of 23.61, a P/E/G ratio of 2.21 and a beta of 1.05.

Union Pacific (NYSE:UNP) last released its quarterly earnings data on Thursday, July 25th. The railroad operator reported $2.74 earnings per share for the quarter, beating analysts’ consensus estimates of $2.71 by $0.03. The firm had revenue of $6.01 billion for the quarter, compared to analyst estimates of $6.05 billion. Union Pacific had a net margin of 26.90% and a return on equity of 42.62%. The business’s quarterly revenue was up .7% compared to the same quarter last year. During the same period last year, the firm earned $2.57 earnings per share. Sell-side analysts anticipate that Union Pacific Co. will post 11.11 earnings per share for the current fiscal year.

Union Pacific Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, September 30th. Shareholders of record on Friday, August 30th will be issued a dividend of $1.34 per share. This is a positive change from Union Pacific’s previous quarterly dividend of $1.30. This represents a $5.36 dividend on an annualized basis and a yield of 2.17%. The ex-dividend date is Friday, August 30th. Union Pacific’s payout ratio is currently 51.15%.

Insider Transactions at Union Pacific

In other Union Pacific news, President Elizabeth F. Whited sold 3,552 shares of the firm’s stock in a transaction on Tuesday, July 30th. The stock was sold at an average price of $246.59, for a total transaction of $875,887.68. Following the transaction, the president now directly owns 64,945 shares in the company, valued at approximately $16,014,787.55. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Company insiders own 0.28% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts recently issued reports on the company. Sanford C. Bernstein lowered their target price on Union Pacific from $290.00 to $273.00 and set an “outperform” rating for the company in a research report on Monday, July 8th. Daiwa America lowered Union Pacific from a “moderate buy” rating to a “hold” rating in a research note on Wednesday, September 4th. Stifel Nicolaus decreased their target price on shares of Union Pacific from $267.00 to $265.00 and set a “buy” rating for the company in a research report on Wednesday, July 17th. Wells Fargo & Company began coverage on shares of Union Pacific in a report on Friday, June 7th. They set an “overweight” rating and a $270.00 price target for the company. Finally, Benchmark reiterated a “buy” rating and set a $266.00 price objective on shares of Union Pacific in a research report on Monday, July 29th. Eight research analysts have rated the stock with a hold rating, twelve have issued a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat.com, Union Pacific presently has an average rating of “Moderate Buy” and a consensus target price of $258.79.

Union Pacific Company Profile

Union Pacific Corporation, through its subsidiary, Union Pacific Railroad Company, operates in the railroad business in the United States. The company offers transportation services for grain and grain products, fertilizers, food and refrigerated products, and coal and renewables to grain processors, animal feeders, ethanol producers, renewable biofuel producers, and other agricultural users; and construction products, industrial chemicals, plastics, forest products, specialized products, metals and ores, petroleum, liquid petroleum gases, soda ash, and sand, as well as finished automobiles, automotive parts, and merchandise in intermodal containers.