Lbp Am Sa Buys 9,041 Shares of Union Pacific Corporation (NYSE:UNP)

LBP AM SA increased its position in shares of Union Pacific Corporation (NYSE:UNP - Free Report) by 7.9% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 123,432 shares of the railroad operator's stock after purchasing an additional 9,041 shares during the period. LBP AM SA's holdings in Union Pacific were worth $29,160,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Geode Capital Management LLC increased its holdings in shares of Union Pacific by 12.6% in the fourth quarter. Geode Capital Management LLC now owns 14,430,581 shares of the railroad operator's stock valued at $3,282,305,000 after buying an additional 1,616,895 shares in the last quarter. Capital Research Global Investors increased its holdings in shares of Union Pacific by 14.3% in the fourth quarter. Capital Research Global Investors now owns 10,395,364 shares of the railroad operator's stock valued at $2,370,559,000 after buying an additional 1,298,178 shares in the last quarter. Norges Bank bought a new position in shares of Union Pacific in the fourth quarter valued at $1,927,377,000. Franklin Resources Inc. increased its holdings in shares of Union Pacific by 5.0% in the fourth quarter. Franklin Resources Inc. now owns 7,686,387 shares of the railroad operator's stock valued at $1,752,804,000 after buying an additional 363,937 shares in the last quarter. Finally, Northern Trust Corp increased its holdings in shares of Union Pacific by 15.2% in the fourth quarter. Northern Trust Corp now owns 6,962,650 shares of the railroad operator's stock valued at $1,587,763,000 after buying an additional 920,414 shares in the last quarter. Institutional investors own 80.38% of the company's stock.

Union Pacific Price Performance

Union Pacific stock traded up $0.38 during trading hours on Wednesday, hitting $236.92. 2,432,791 shares of the stock were exchanged, compared to its average volume of 2,725,082. The company has a debt-to-equity ratio of 1.91, a quick ratio of 0.61 and a current ratio of 0.73. The stock has a market capitalization of $141.55 billion, a P/E ratio of 21.34, a P/E/G ratio of 2.36 and a beta of 1.05. Union Pacific Corporation has a 12 month low of $204.66 and a 12 month high of $258.07. The business's 50-day moving average is $224.89 and its two-hundred day moving average is $230.99.

Union Pacific (NYSE:UNP - Get Free Report) last released its quarterly earnings results on Thursday, April 24th. The railroad operator reported $2.70 EPS for the quarter, missing the consensus estimate of $2.73 by ($0.03). Union Pacific had a net margin of 27.76% and a return on equity of 40.80%. The company had revenue of $6.03 billion for the quarter, compared to the consensus estimate of $6.11 billion. During the same period last year, the company earned $2.69 earnings per share. Union Pacific's revenue for the quarter was down .1% compared to the same quarter last year. Equities research analysts expect that Union Pacific Corporation will post 11.99 EPS for the current fiscal year.

Union Pacific Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, June 30th. Stockholders of record on Friday, May 30th were paid a dividend of $1.34 per share. The ex-dividend date was Friday, May 30th. This represents a $5.36 annualized dividend and a dividend yield of 2.26%. Union Pacific's dividend payout ratio (DPR) is currently 48.29%.

Analyst Ratings Changes

Several equities analysts have weighed in on the stock. Wells Fargo & Company lowered their price objective on shares of Union Pacific from $265.00 to $260.00 and set an "overweight" rating on the stock in a research report on Thursday, March 27th. Argus upgraded shares of Union Pacific to a "strong-buy" rating in a research report on Friday, May 16th. Sanford C. Bernstein reiterated an "outperform" rating and set a $271.00 price objective (up from $267.00) on shares of Union Pacific in a research report on Tuesday. Stephens lowered their price objective on shares of Union Pacific from $275.00 to $255.00 and set an "overweight" rating on the stock in a research report on Monday, April 28th. Finally, Robert W. Baird assumed coverage on shares of Union Pacific in a research report on Tuesday, July 1st. They set a "neutral" rating and a $231.00 price objective on the stock. One research analyst has rated the stock with a sell rating, nine have assigned a hold rating, fifteen have given a buy rating and two have assigned a strong buy rating to the company's stock. According to MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $256.21.

Union Pacific 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.