736,673 Shares in Union Pacific Corporation $UNP Acquired by Cbre Investment Management Listed Real Assets LLC

Key Points

• CBRE Investment Management Listed Real Assets LLC acquired a new position of 736,673 shares (~$174.1M) of Union Pacific in Q3, representing about 0.12% of UNP and roughly 2.5% of the fund's holdings (its 7th largest holding).
• Union Pacific slightly missed quarterly estimates, reporting $2.86 EPS vs. $2.92 expected and $6.09B revenue vs. $6.15B expected, with revenue down 0.6% year‑over‑year and strong profitability metrics (net margin 29.12%, ROE 40.89%).
• The company declared a quarterly dividend of $1.38 (annualized $5.52, yield 2.2%, ex‑dividend Feb 27), and the analyst consensus is a "Moderate Buy" with a $263.77 price target.

Cbre Investment Management Listed Real Assets LLC acquired a new position in shares of Union Pacific Corporation (NYSE:UNP - Free Report) during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 736,673 shares of the railroad operator's stock, valued at approximately $174,127,000. Union Pacific comprises approximately 2.5% of Cbre Investment Management Listed Real Assets LLC's holdings, making the stock its 7th largest holding. Cbre Investment Management Listed Real Assets LLC owned 0.12% of Union Pacific at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in UNP. Caitlin John LLC purchased a new position in shares of Union Pacific during the 3rd quarter worth $27,000. Howard Hughes Medical Institute purchased a new stake in shares of Union Pacific in the second quarter valued at about $30,000. Financial Gravity Companies Inc. acquired a new stake in Union Pacific during the second quarter worth about $31,000. Total Investment Management Inc. acquired a new stake in Union Pacific during the second quarter worth about $31,000. Finally, Sagard Holdings Management Inc. purchased a new position in Union Pacific during the second quarter worth about $33,000. 80.38% of the stock is currently owned by hedge funds and other institutional investors.

Union Pacific Stock Up 0.4%

Shares of NYSE:UNP opened at $251.21 on Thursday. The firm has a market capitalization of $149.06 billion, a PE ratio of 20.99, a price-to-earnings-growth ratio of 2.73 and a beta of 0.95. Union Pacific Corporation has a 1 year low of $204.66 and a 1 year high of $268.14. The company has a debt-to-equity ratio of 1.64, a current ratio of 0.91 and a quick ratio of 0.75. The firm's 50-day moving average is $246.01 and its two-hundred day moving average is $233.53.

Union Pacific (NYSE:UNP - Get Free Report) last posted its quarterly earnings data on Tuesday, January 27th. The railroad operator reported $2.86 EPS for the quarter, missing the consensus estimate of $2.92 by ($0.06). The business had revenue of $6.09 billion during the quarter, compared to analysts' expectations of $6.15 billion. Union Pacific had a net margin of 29.12% and a return on equity of 40.89%. The company's revenue for the quarter was down .6% compared to the same quarter last year. During the same period in the previous year, the business posted $2.91 EPS. Analysts predict that Union Pacific Corporation will post 11.99 EPS for the current year.

Union Pacific Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, March 31st. Shareholders of record on Friday, February 27th will be given a $1.38 dividend. This represents a $5.52 annualized dividend and a yield of 2.2%. The ex-dividend date of this dividend is Friday, February 27th. Union Pacific's dividend payout ratio (DPR) is currently 46.12%.

Analyst Ratings Changes

UNP has been the topic of several recent analyst reports. Raymond James Financial reiterated a "strong-buy" rating on shares of Union Pacific in a report on Tuesday, January 27th. Susquehanna restated a "buy" rating on shares of Union Pacific in a report on Monday, January 19th. Citigroup reiterated a "buy" rating and issued a $270.00 price objective (up from $265.00) on shares of Union Pacific in a report on Wednesday, January 28th. Weiss Ratings upgraded Union Pacific from a "hold (c+)" rating to a "buy (b-)" rating in a research report on Friday, February 6th. Finally, The Goldman Sachs Group reissued a "neutral" rating and set a $267.00 target price on shares of Union Pacific in a research note on Tuesday, January 27th. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating and nine have issued a Hold rating to the company's stock. According to MarketBeat, Union Pacific currently has a consensus rating of "Moderate Buy" and a consensus price target of $263.77.

About Union Pacific

Union Pacific Corporation NYSE: UNP is one of the largest freight railroad companies in the United States. Its principal operating subsidiary, Union Pacific Railroad, has roots that trace back to the Pacific Railway Act of 1862 and the construction of the first transcontinental rail link completed in 1869. The company is headquartered in Omaha, Nebraska, and operates as a holding company for rail transportation and related services.

Union Pacific's core business is the movement of freight by rail across an extensive rail network serving the western two‑thirds of the United States.

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