Union Pacific Corporation (NYSE:UNP) Shares Acquired by Lbp Am Sa

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

Several other large investors have also recently made changes to their positions in the company. Fiduciary Trust Co grew its holdings in shares of Union Pacific by 2.8% in the fourth quarter. Fiduciary Trust Co now owns 102,213 shares of the railroad operator's stock worth $23,309,000 after purchasing an additional 2,807 shares during the last quarter. Sherbrooke Park Advisers LLC purchased a new position in shares of Union Pacific in the 4th quarter valued at approximately $781,000. Meadow Creek Wealth Advisors LLC boosted its stake in Union Pacific by 10.9% in the 1st quarter. Meadow Creek Wealth Advisors LLC now owns 3,666 shares of the railroad operator's stock worth $866,000 after purchasing an additional 359 shares in the last quarter. GAMMA Investing LLC grew its position in Union Pacific by 16.8% during the 1st quarter. GAMMA Investing LLC now owns 10,545 shares of the railroad operator's stock worth $2,491,000 after purchasing an additional 1,520 shares during the last quarter. Finally, Truist Financial Corp increased its stake in Union Pacific by 2.7% during the 1st quarter. Truist Financial Corp now owns 968,061 shares of the railroad operator's stock valued at $228,695,000 after purchasing an additional 25,900 shares in the last quarter. 80.38% of the stock is owned by institutional investors.

Analysts Set New Price Targets

A number of equities research analysts have recently weighed in on the stock. Robert W. Baird assumed coverage on shares of Union Pacific in a report on Tuesday, July 1st. They set a "neutral" rating and a $231.00 price objective on the stock. Wells Fargo & Company dropped their price target on Union Pacific from $265.00 to $260.00 and set an "overweight" rating on the stock in a research note on Thursday, March 27th. Morgan Stanley reduced their price objective on Union Pacific from $220.00 to $215.00 and set an "equal weight" rating for the company in a research note on Monday. Sanford C. Bernstein reiterated an "outperform" rating and issued a $271.00 target price (up previously from $267.00) on shares of Union Pacific in a research report on Tuesday. Finally, Redburn Atlantic upgraded shares of Union Pacific from a "neutral" rating to a "buy" rating and set a $259.00 price target on the stock in a report on Wednesday, April 16th. One investment analyst has rated the stock with a sell rating, nine have assigned a hold rating, fifteen have assigned a buy rating and two have issued a strong buy rating to the company. According to MarketBeat, Union Pacific currently has a consensus rating of "Moderate Buy" and a consensus target price of $256.21.

Union Pacific Stock Up 0.9%

Shares of NYSE UNP traded up $2.11 during mid-day trading on Thursday, hitting $238.60. The company had a trading volume of 1,081,258 shares, compared to its average volume of 3,008,144. The company has a market capitalization of $142.56 billion, a PE ratio of 21.49, a price-to-earnings-growth ratio of 2.38 and a beta of 1.05. The business's 50-day simple moving average is $225.31 and its 200 day simple moving average is $231.03. Union Pacific Corporation has a 1-year low of $204.66 and a 1-year high of $258.07. The company has a debt-to-equity ratio of 1.91, a current ratio of 0.73 and a quick ratio of 0.61.

Union Pacific (NYSE:UNP - Get Free Report) last released its earnings results on Thursday, April 24th. The railroad operator reported $2.70 earnings per share for the quarter, missing analysts' consensus estimates of $2.73 by ($0.03). Union Pacific had a return on equity of 40.80% and a net margin of 27.76%. The firm had revenue of $6.03 billion for the quarter, compared to analysts' expectations of $6.11 billion. During the same quarter in the previous year, the company posted $2.69 earnings per share. The firm's quarterly revenue was down .1% on a year-over-year basis. On average, analysts predict that Union Pacific Corporation will post 11.99 earnings per share for the current year.

Union Pacific Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, June 30th. Investors of record on Friday, May 30th were issued a $1.34 dividend. This represents a $5.36 dividend on an annualized basis and a yield of 2.25%. The ex-dividend date of this dividend was Friday, May 30th. Union Pacific's dividend payout ratio (DPR) is 48.29%.

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.