Union Pacific Co. (NYSE:UNP) Shares Acquired by Livforsakringsbolaget Skandia Omsesidigt

Livforsakringsbolaget Skandia Omsesidigt raised its stake in shares of Union Pacific Co. (NYSE:UNP) by 346.5% in the 3rd quarter, HoldingsChannel.com reports. The firm owned 5,483 shares of the railroad operator’s stock after purchasing an additional 4,255 shares during the quarter. Livforsakringsbolaget Skandia Omsesidigt’s holdings in Union Pacific were worth $1,351,000 at the end of the most recent quarter.

A number of other large investors also recently bought and sold shares of UNP. BNP Paribas acquired a new position in Union Pacific in the first quarter valued at $1,088,000. Envestnet Portfolio Solutions Inc. lifted its stake in shares of Union Pacific by 19.0% in the 1st quarter. Envestnet Portfolio Solutions Inc. now owns 126,369 shares of the railroad operator’s stock valued at $31,078,000 after purchasing an additional 20,173 shares in the last quarter. Shellback Capital LP grew its holdings in shares of Union Pacific by 28.2% during the 2nd quarter. Shellback Capital LP now owns 20,000 shares of the railroad operator’s stock worth $4,525,000 after purchasing an additional 4,400 shares during the period. Peoples Bank KS acquired a new stake in Union Pacific during the 3rd quarter worth approximately $834,000. Finally, M&G Plc purchased a new position in Union Pacific in the first quarter valued at approximately $10,378,000. Hedge funds and other institutional investors own 80.38% of the company’s stock.

Union Pacific Trading Up 1.5 %

Shares of NYSE UNP opened at $242.31 on Friday. 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 capitalization of $147.62 billion, a P/E ratio of 22.75, a PEG ratio of 2.21 and a beta of 1.05. Union Pacific Co. has a 52-week low of $199.97 and a 52-week high of $258.66. The stock’s 50 day moving average price is $245.67 and its two-hundred day moving average price is $238.59.

Union Pacific (NYSE:UNP) last posted its quarterly earnings results on Thursday, July 25th. The railroad operator reported $2.74 EPS for the quarter, beating the consensus estimate of $2.71 by $0.03. Union Pacific had a net margin of 26.90% and a return on equity of 42.62%. The business had revenue of $6.01 billion during the quarter, compared to analyst estimates of $6.05 billion. During the same period in the previous year, the business posted $2.57 EPS. The company’s quarterly revenue was up .7% on a year-over-year basis. On average, analysts anticipate that Union Pacific Co. will post 11.06 earnings per share for the current fiscal year.

Union Pacific Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, September 30th. Investors of record on Friday, August 30th were given a dividend of $1.34 per share. The ex-dividend date was Friday, August 30th. This represents a $5.36 dividend on an annualized basis and a yield of 2.21%. This is a positive change from Union Pacific’s previous quarterly dividend of $1.30. Union Pacific’s payout ratio is currently 50.33%.

Insiders Place Their Bets

In related news, President Elizabeth F. Whited sold 3,552 shares of the stock in a transaction dated Tuesday, July 30th. The shares were sold at an average price of $246.59, for a total value of $875,887.68. Following the sale, the president now owns 64,945 shares of the company’s stock, valued at $16,014,787.55. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. 0.28% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

UNP has been the subject of several recent research reports. Loop Capital lowered shares of Union Pacific from a “buy” rating to a “hold” rating and dropped their price objective for the stock from $276.00 to $238.00 in a research report on Monday, June 17th. Bank of America lowered their price target on Union Pacific from $273.00 to $270.00 and set a “buy” rating for the company in a report on Tuesday, September 24th. Barclays reduced their price objective on Union Pacific from $290.00 to $280.00 and set an “overweight” rating on the stock in a research note on Friday, July 26th. Benchmark reiterated a “buy” rating and issued a $266.00 target price on shares of Union Pacific in a research note on Monday, July 29th. Finally, Daiwa America lowered Union Pacific from a “moderate buy” rating to a “hold” rating in a research report on Wednesday, September 4th. Nine research analysts have rated the stock with a hold rating, eleven have assigned a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat.com, Union Pacific has a consensus rating of “Moderate Buy” and a consensus target price of $259.50.

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.