TD Private Client Wealth LLC Boosts Stock Holdings in Union Pacific Co. (NYSE:UNP)

TD Private Client Wealth LLC lifted its stake in Union Pacific Co. (NYSE:UNP) by 0.6% in the third quarter, HoldingsChannel reports. The firm owned 19,642 shares of the railroad operator’s stock after acquiring an additional 121 shares during the quarter. TD Private Client Wealth LLC’s holdings in Union Pacific were worth $4,841,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. State Street Corp grew its holdings in Union Pacific by 0.9% during the 3rd quarter. State Street Corp now owns 24,788,337 shares of the railroad operator’s stock worth $6,109,829,000 after acquiring an additional 217,780 shares in the last quarter. Geode Capital Management LLC lifted its position in shares of Union Pacific by 1.4% during the 3rd quarter. Geode Capital Management LLC now owns 12,813,686 shares of the railroad operator’s stock worth $3,146,451,000 after purchasing an additional 182,620 shares during the last quarter. Ameriprise Financial Inc. grew its stake in shares of Union Pacific by 1.3% during the second quarter. Ameriprise Financial Inc. now owns 8,312,154 shares of the railroad operator’s stock worth $1,880,701,000 after purchasing an additional 106,996 shares in the last quarter. Fisher Asset Management LLC increased its holdings in Union Pacific by 2.3% in the third quarter. Fisher Asset Management LLC now owns 6,285,585 shares of the railroad operator’s stock valued at $1,549,271,000 after buying an additional 143,896 shares during the last quarter. Finally, Legal & General Group Plc raised its stake in Union Pacific by 2.1% in the second quarter. Legal & General Group Plc now owns 5,970,669 shares of the railroad operator’s stock valued at $1,350,924,000 after buying an additional 124,571 shares in the last quarter. 80.38% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several research analysts have recently issued reports on the company. Robert W. Baird lowered their price objective on Union Pacific from $270.00 to $260.00 and set an “outperform” rating for the company in a research report on Friday, October 25th. StockNews.com downgraded Union Pacific from a “buy” rating to a “hold” rating in a report on Tuesday, October 1st. Raymond James raised their price objective on shares of Union Pacific from $265.00 to $275.00 and gave the stock a “strong-buy” rating in a report on Monday, October 14th. TD Cowen lowered their target price on shares of Union Pacific from $255.00 to $252.00 and set a “buy” rating for the company in a report on Friday, October 25th. Finally, Citigroup lifted their price target on shares of Union Pacific from $255.00 to $267.00 and gave the stock a “neutral” rating in a research note on Tuesday, November 12th. Nine investment analysts have rated the stock with a hold rating, eleven have given a buy rating and one has given a strong buy rating to the company. 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 Trading Down 1.4 %

Shares of UNP stock opened at $233.86 on Thursday. The company has a market capitalization of $141.78 billion, a P/E ratio of 21.47, a price-to-earnings-growth 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. The business’s 50 day moving average is $238.79 and its two-hundred day moving average is $238.33. Union Pacific Co. has a twelve month low of $218.55 and a twelve month high of $258.66.

Union Pacific (NYSE:UNP) last posted its quarterly earnings data on Thursday, October 24th. The railroad operator reported $2.75 earnings per share for the quarter, missing analysts’ consensus estimates of $2.78 by ($0.03). The firm had revenue of $6.09 billion during the quarter, compared to analysts’ expectations of $6.14 billion. Union Pacific had a net margin of 27.33% and a return on equity of 41.79%. The business’s quarterly revenue was up 2.5% on a year-over-year basis. During the same quarter last year, the business earned $2.51 earnings per share. Equities analysts forecast that Union Pacific Co. will post 10.94 EPS for the current year.

Union Pacific Dividend Announcement

The company also recently declared 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. The ex-dividend date is Monday, December 9th. This represents a $5.36 annualized dividend and a yield of 2.29%. Union Pacific’s dividend payout ratio is currently 49.22%.

About Union Pacific

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.