Union Pacific Co. (NYSE:UNP) Shares Purchased by Zurcher Kantonalbank Zurich Cantonalbank

Zurcher Kantonalbank Zurich Cantonalbank raised its position in Union Pacific Co. (NYSE:UNP) by 5.2% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 258,100 shares of the railroad operator’s stock after acquiring an additional 12,652 shares during the quarter. Zurcher Kantonalbank Zurich Cantonalbank’s holdings in Union Pacific were worth $63,616,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently bought and sold shares of the business. Cultivar Capital Inc. acquired a new stake in Union Pacific during the 2nd quarter worth approximately $27,000. Strategic Investment Solutions Inc. IL acquired a new stake in shares of Union Pacific in the second quarter valued at $28,000. Financial Gravity Asset Management Inc. boosted 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 purchasing an additional 130 shares during the period. Catalyst Capital Advisors LLC acquired a new position in Union Pacific during the 3rd quarter worth $30,000. Finally, Fairscale Capital LLC purchased a new stake in Union Pacific during the 2nd quarter worth about $31,000. 80.38% of the stock is currently owned by hedge funds and other institutional investors.

Union Pacific Price Performance

Union Pacific stock opened at $245.23 on Thursday. The business has a 50 day simple moving average of $240.19 and a 200-day simple moving average of $238.51. Union Pacific Co. has a 12 month low of $218.55 and a 12 month high of $258.66. The company has a debt-to-equity ratio of 1.79, a current ratio of 0.77 and a quick ratio of 0.63. The stock has a market capitalization of $148.67 billion, a PE ratio of 22.52, a price-to-earnings-growth ratio of 2.47 and a beta of 1.06.

Union Pacific (NYSE:UNP) last released 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 firm had revenue of $6.09 billion during the quarter, compared to analyst estimates of $6.14 billion. During the same quarter last year, the business posted $2.51 EPS. The firm’s revenue was up 2.5% on a year-over-year basis. Equities analysts predict that Union Pacific Co. will post 10.94 earnings per share for the current year.

Union Pacific Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, December 30th. Shareholders of record on Monday, December 9th will be given a dividend of $1.34 per share. This represents a $5.36 annualized dividend and a yield of 2.19%. Union Pacific’s payout ratio is 49.22%.

Analyst Upgrades and Downgrades

A number of research firms recently weighed in on UNP. Royal Bank of Canada cut their target price on shares of Union Pacific from $288.00 to $283.00 and set an “outperform” rating on the stock in a research note on Friday, October 25th. 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 research report on Monday, October 14th. Bank of America decreased their price objective on shares of Union Pacific from $273.00 to $270.00 and set a “buy” rating for the company in a research report on Tuesday, September 24th. Benchmark reissued a “buy” rating and issued a $266.00 target price on shares of Union Pacific in a report on Friday, October 25th. Finally, BMO Capital Markets decreased their price target on Union Pacific from $280.00 to $275.00 and set an “outperform” rating for the company in a report on Friday, September 20th. Nine research 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, Union Pacific presently has an average rating of “Moderate Buy” and an average target price of $259.80.

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.