Groupama Asset Managment Buys 1,187 Shares of Union Pacific Corporation $UNP

Key Points

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Groupama Asset Managment lifted its stake in Union Pacific Corporation (NYSE:UNP - Free Report) by 3.7% during the first quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 33,198 shares of the railroad operator's stock after acquiring an additional 1,187 shares during the period. Groupama Asset Managment's holdings in Union Pacific were worth $7,707,000 at the end of the most recent reporting period.

Other institutional investors have also made changes to their positions in the company. Highline Wealth Partners LLC raised its stake in shares of Union Pacific by 103.5% in the 1st quarter. Highline Wealth Partners LLC now owns 116 shares of the railroad operator's stock valued at $27,000 after acquiring an additional 59 shares in the last quarter. Financial Gravity Asset Management Inc. bought a new position in shares of Union Pacific in the 1st quarter valued at approximately $32,000. Cornerstone Planning Group LLC raised its stake in shares of Union Pacific by 50.5% in the 1st quarter. Cornerstone Planning Group LLC now owns 167 shares of the railroad operator's stock valued at $37,000 after acquiring an additional 56 shares in the last quarter. IMA Advisory Services Inc. bought a new position in shares of Union Pacific in the 1st quarter valued at approximately $43,000. Finally, Y.D. More Investments Ltd bought a new position in shares of Union Pacific in the 1st quarter valued at approximately $55,000. 80.38% of the stock is owned by institutional investors.

Union Pacific Price Performance

Shares of UNP stock opened at $219.90 on Tuesday. The stock's fifty day simple moving average is $226.97 and its 200 day simple moving average is $229.09. The company has a debt-to-equity ratio of 1.86, a current ratio of 0.65 and a quick ratio of 0.53. The firm has a market cap of $130.41 billion, a price-to-earnings ratio of 19.11, a P/E/G ratio of 2.14 and a beta of 1.05. Union Pacific Corporation has a one year low of $204.66 and a one year high of $258.07.

Union Pacific (NYSE:UNP - Get Free Report) last announced its quarterly earnings results on Thursday, July 24th. The railroad operator reported $3.03 EPS for the quarter, beating the consensus estimate of $2.84 by $0.19. The business had revenue of $6.15 billion for the quarter, compared to analyst estimates of $6.09 billion. Union Pacific had a return on equity of 41.73% and a net margin of 28.43%. Union Pacific's quarterly revenue was up 2.4% on a year-over-year basis. During the same quarter in the previous year, the firm earned $2.74 EPS. On average, analysts expect that Union Pacific Corporation will post 11.99 earnings per share for the current fiscal year.

Union Pacific Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, September 30th. Investors of record on Friday, August 29th will be paid a $1.38 dividend. The ex-dividend date of this dividend is Friday, August 29th. This represents a $5.52 annualized dividend and a yield of 2.5%. This is a positive change from Union Pacific's previous quarterly dividend of $1.34. Union Pacific's payout ratio is presently 46.57%.

Analyst Ratings Changes

Several research analysts have commented on the company. Evercore ISI dropped their price target on Union Pacific from $244.00 to $238.00 and set an "in-line" rating on the stock in a research report on Friday, July 25th. Stephens dropped their price target on Union Pacific from $275.00 to $255.00 and set an "overweight" rating on the stock in a research report on Monday, April 28th. Morgan Stanley dropped their price target on Union Pacific from $220.00 to $215.00 and set an "equal weight" rating on the stock in a research report on Monday, July 7th. Wells Fargo & Company lifted their price target on Union Pacific from $250.00 to $260.00 and gave the stock an "overweight" rating in a research report on Friday, July 25th. Finally, BMO Capital Markets lifted their price target on Union Pacific from $270.00 to $277.00 and gave the stock an "outperform" rating in a research report on Friday, July 25th. One equities research analyst has rated the stock with a sell rating, twelve have given a hold rating, fourteen have assigned a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, the company has an average rating of "Moderate Buy" and a consensus price target of $258.21.

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.

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