Groupama Asset Managment Has $10.24 Million Stake in Union Pacific Co. (NYSE:UNP)

Groupama Asset Managment boosted its holdings in Union Pacific Co. (NYSE:UNP) by 91.7% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 41,540 shares of the railroad operator’s stock after buying an additional 19,867 shares during the period. Groupama Asset Managment’s holdings in Union Pacific were worth $10,239,000 as of its most recent SEC filing.

Other large investors have also bought and sold shares of the company. Cultivar Capital Inc. acquired a new position in Union Pacific in the second quarter valued at approximately $27,000. Strategic Investment Solutions Inc. IL acquired a new position in Union Pacific in the second quarter valued at approximately $28,000. Financial Gravity Asset Management Inc. lifted its holdings in Union Pacific by 3,250.0% in the second quarter. Financial Gravity Asset Management Inc. now owns 134 shares of the railroad operator’s stock valued at $30,000 after buying an additional 130 shares during the period. Catalyst Capital Advisors LLC acquired a new position in Union Pacific in the third quarter valued at approximately $30,000. Finally, Fairscale Capital LLC acquired a new position in Union Pacific in the second quarter valued at approximately $31,000. 80.38% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

UNP has been the topic of several analyst reports. Raymond James increased their price objective on shares of Union Pacific from $265.00 to $275.00 and gave the company a “strong-buy” rating in a report on Monday, October 14th. Susquehanna lowered their target price on shares of Union Pacific from $260.00 to $255.00 and set a “neutral” rating for the company in a research note on Friday, October 25th. Citigroup upped their target price on shares of Union Pacific from $255.00 to $267.00 and gave the company a “neutral” rating in a research note on Tuesday, November 12th. Royal Bank of Canada lowered their target price on shares of Union Pacific from $288.00 to $283.00 and set an “outperform” rating for the company in a research note on Friday, October 25th. Finally, Barclays upped their target price on shares of Union Pacific from $275.00 to $285.00 and gave the company an “overweight” rating in a research note on Wednesday, November 13th. Nine research analysts have rated the stock with a hold rating, eleven have issued a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $259.80.

Union Pacific Stock Performance

Shares of UNP opened at $233.57 on Monday. Union Pacific Co. has a 12 month low of $218.55 and a 12 month high of $258.66. The firm has a fifty day simple moving average of $239.22 and a 200 day simple moving average of $238.29. The stock has a market capitalization of $141.60 billion, a price-to-earnings ratio of 21.45, a PEG ratio of 2.31 and a beta of 1.05. The company has a current ratio of 0.77, a quick ratio of 0.63 and a debt-to-equity ratio of 1.79.

Union Pacific (NYSE:UNP) last announced its earnings results on Thursday, October 24th. The railroad operator reported $2.75 EPS for the quarter, missing the consensus estimate of $2.78 by ($0.03). Union Pacific had a return on equity of 41.79% and a net margin of 27.33%. The business had revenue of $6.09 billion for the quarter, compared to analyst estimates of $6.14 billion. During the same quarter in the previous year, the company posted $2.51 EPS. The business’s revenue for the quarter was up 2.5% compared to the same quarter last year. Research analysts forecast that Union Pacific Co. will post 10.94 EPS for the current fiscal year.

Union Pacific Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, December 30th. Investors of record on Monday, December 9th will be issued a dividend of $1.34 per share. This represents a $5.36 annualized dividend and a yield of 2.29%. The ex-dividend date is Monday, December 9th. Union Pacific’s payout ratio is 49.22%.

Union Pacific 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.