Munich Reinsurance Co Stock Corp in Munich Acquires Shares of 10,129 Union Pacific Corporation $UNP

Key Points

• Munich Reinsurance Co Stock Corp bought a new position of 10,129 shares of Union Pacific in Q3, valued at about $2.394 million.
• Union Pacific missed the latest quarter (EPS $2.86 vs. $2.92 est.; revenue $6.09B vs. $6.15B), its stock is down ~2.4%, and analysts hold a consensus rating of "Moderate Buy" with a target of $263.77.
• The company pays a quarterly dividend of $1.38 ($5.52 annual, ~2.2% yield) and has institutional ownership of about 80.38%.

Munich Reinsurance Co Stock Corp in Munich bought a new position in shares of Union Pacific Corporation (NYSE:UNP - Free Report) during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 10,129 shares of the railroad operator's stock, valued at approximately $2,394,000.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Caitlin John LLC bought a new position in Union Pacific in the 3rd quarter valued at about $27,000. Howard Hughes Medical Institute purchased a new position in shares of Union Pacific during the second quarter valued at approximately $30,000. Financial Gravity Companies Inc. bought a new stake in Union Pacific during the second quarter worth $31,000. Total Investment Management Inc. purchased a new stake in Union Pacific in the 2nd quarter valued at $31,000. Finally, Sagard Holdings Management Inc. bought a new position in Union Pacific during the 2nd quarter valued at $33,000. Institutional investors own 80.38% of the company's stock.

Wall Street Analyst Weigh In

A number of research analysts recently weighed in on the stock. Barclays reissued an "overweight" rating and set a $285.00 price target (up from $270.00) on shares of Union Pacific in a research report on Tuesday, December 16th. Robert W. Baird set a $311.00 price objective on Union Pacific and gave the stock an "outperform" rating in a research report on Friday. Citigroup reiterated a "buy" rating and set a $270.00 target price (up from $265.00) on shares of Union Pacific in a research note on Wednesday, January 28th. BMO Capital Markets reaffirmed a "market perform" rating and issued a $295.00 price objective on shares of Union Pacific in a research report on Thursday, February 19th. Finally, JPMorgan Chase & Co. reduced their target price on shares of Union Pacific from $270.00 to $265.00 and set a "neutral" rating for the company in a research report on Wednesday, January 28th. One investment analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and nine have assigned a Hold rating to the stock. According to MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus target price of $263.77.

Union Pacific Stock Down 2.4%

Shares of NYSE UNP opened at $253.98 on Friday. The company has a debt-to-equity ratio of 1.64, a current ratio of 0.91 and a quick ratio of 0.75. Union Pacific Corporation has a one year low of $204.66 and a one year high of $268.14. The firm's 50 day simple moving average is $244.90 and its two-hundred day simple moving average is $233.00. The stock has a market capitalization of $150.71 billion, a P/E ratio of 21.22, a PEG ratio of 2.77 and a beta of 0.95.

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

Union Pacific Dividend Announcement

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

Union Pacific Company Profile

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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