XTX Topco Ltd Buys 1,383 Shares of Union Pacific Corporation (NYSE:UNP)

Key Points

• XTX Topco Ltd increased its holdings in Union Pacific Corporation by 51.1%, owning 4,087 shares valued at approximately $966,000 after purchasing an additional 1,383 shares.
• Union Pacific recently reported an earnings per share (EPS) of $3.03, exceeding analysts’ consensus estimate of $2.84, alongside a 2.4% year-over-year revenue increase to $6.15 billion.
• The company announced a quarterly dividend of $1.38 per share, which represents a 2.5% yield and a raise from the previous dividend of $1.34 per share.

XTX Topco Ltd raised its stake in shares of Union Pacific Corporation (NYSE:UNP - Free Report) by 51.1% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 4,087 shares of the railroad operator's stock after purchasing an additional 1,383 shares during the period. XTX Topco Ltd's holdings in Union Pacific were worth $966,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of the company. Arete Wealth Advisors LLC lifted its position in shares of Union Pacific by 103.1% during the 4th quarter. Arete Wealth Advisors LLC now owns 4,067 shares of the railroad operator's stock worth $927,000 after purchasing an additional 2,065 shares during the last quarter. Thoroughbred Financial Services LLC increased its position in Union Pacific by 7.8% in the 4th quarter. Thoroughbred Financial Services LLC now owns 5,317 shares of the railroad operator's stock worth $1,212,000 after buying an additional 387 shares during the period. Resona Asset Management Co. Ltd. acquired a new position in shares of Union Pacific during the fourth quarter worth approximately $42,509,000. Mizuho Bank Ltd. acquired a new position in shares of Union Pacific during the fourth quarter worth approximately $105,000. Finally, Aviva PLC boosted its position in shares of Union Pacific by 10.6% in the fourth quarter. Aviva PLC now owns 367,120 shares of the railroad operator's stock valued at $83,718,000 after acquiring an additional 35,130 shares during the period. Institutional investors own 80.38% of the company's stock.

Union Pacific Stock Down 1.2%

Shares of UNP opened at $219.31 on Friday. The company has a market capitalization of $130.06 billion, a P/E ratio of 19.05, a PEG ratio of 2.14 and a beta of 1.06. Union Pacific Corporation has a one year low of $204.66 and a one year high of $258.07. The business's 50 day simple moving average is $227.04 and its 200-day simple moving average is $230.86. The company has a debt-to-equity ratio of 1.86, a current ratio of 0.65 and a quick ratio of 0.53.

Union Pacific (NYSE:UNP - Get Free Report) last issued its quarterly earnings data on Thursday, July 24th. The railroad operator reported $3.03 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.84 by $0.19. The firm had revenue of $6.15 billion during the quarter, compared to the consensus estimate of $6.09 billion. Union Pacific had a return on equity of 41.73% and a net margin of 28.43%. The business's revenue for the quarter was up 2.4% compared to the same quarter last year. During the same quarter in the previous year, the company posted $2.74 EPS. As a group, sell-side analysts predict that Union Pacific Corporation will post 11.99 EPS for the current fiscal year.

Union Pacific Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 30th. Shareholders of record on Friday, August 29th will be issued a dividend of $1.38 per share. The ex-dividend date of this dividend is Friday, August 29th. This represents a $5.52 dividend on an annualized basis and a yield of 2.5%. This is an increase from Union Pacific's previous quarterly dividend of $1.34. Union Pacific's payout ratio is currently 46.57%.

Analysts Set New Price Targets

UNP has been the topic of a number of research reports. Sanford C. Bernstein boosted their target price on shares of Union Pacific from $271.00 to $286.00 and gave the stock an "outperform" rating in a research report on Monday, July 21st. Argus upgraded shares of Union Pacific to a "strong-buy" rating in a research report on Friday, May 16th. Wells Fargo & Company upped their price objective on shares of Union Pacific from $250.00 to $260.00 and gave the company an "overweight" rating in a research report on Friday, July 25th. BMO Capital Markets increased their target price on shares of Union Pacific from $270.00 to $277.00 and gave the company an "outperform" rating in a research note on Friday, July 25th. Finally, Redburn Atlantic raised Union Pacific from a "neutral" rating to a "buy" rating and set a $259.00 target price on the stock in a research report on Wednesday, April 16th. One equities research analyst has rated the stock with a sell rating, eleven have assigned a hold rating, fourteen have issued a buy rating and two have given a strong buy rating to the company. According to MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average target price of $258.21.

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.

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