XTX Topco Ltd Has $3.47 Million Position in Union Pacific Corporation $UNP

XTX Topco Ltd increased its holdings in shares of Union Pacific Corporation (NYSE:UNP) by 268.6% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 15,065 shares of the railroad operator’s stock after purchasing an additional 10,978 shares during the period. XTX Topco Ltd’s holdings in Union Pacific were worth $3,466,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also modified their holdings of the company. Edmond DE Rothschild Holding S.A. boosted its holdings in shares of Union Pacific by 42.6% in the second quarter. Edmond DE Rothschild Holding S.A. now owns 12,559 shares of the railroad operator’s stock valued at $2,890,000 after buying an additional 3,751 shares during the period. South Plains Financial Inc. raised its holdings in shares of Union Pacific by 40.9% during the second quarter. South Plains Financial Inc. now owns 1,419 shares of the railroad operator’s stock worth $326,000 after acquiring an additional 412 shares during the period. CreativeOne Wealth LLC lifted its position in Union Pacific by 0.7% in the 2nd quarter. CreativeOne Wealth LLC now owns 17,211 shares of the railroad operator’s stock valued at $3,960,000 after acquiring an additional 113 shares in the last quarter. Foster Dykema Cabot & Partners LLC boosted its stake in Union Pacific by 12.3% in the 2nd quarter. Foster Dykema Cabot & Partners LLC now owns 3,049 shares of the railroad operator’s stock worth $702,000 after purchasing an additional 335 shares during the period. Finally, Summit Global Investments boosted its stake in Union Pacific by 56.4% in the 2nd quarter. Summit Global Investments now owns 51,982 shares of the railroad operator’s stock worth $11,960,000 after purchasing an additional 18,735 shares during the period. 80.38% of the stock is currently owned by institutional investors and hedge funds.

Union Pacific Price Performance

Shares of UNP opened at $229.08 on Wednesday. The company has a current ratio of 0.75, a quick ratio of 0.60 and a debt-to-equity ratio of 1.75. The company’s fifty day simple moving average is $225.25 and its 200 day simple moving average is $225.11. Union Pacific Corporation has a 1-year low of $204.66 and a 1-year high of $256.84. The company has a market cap of $135.88 billion, a price-to-earnings ratio of 19.46, a PEG ratio of 2.27 and a beta of 1.04.

Union Pacific (NYSE:UNP) last announced its quarterly earnings data on Thursday, October 23rd. The railroad operator reported $3.08 EPS for the quarter, beating analysts’ consensus estimates of $2.99 by $0.09. The company had revenue of $6.24 billion during the quarter, compared to the consensus estimate of $6.24 billion. Union Pacific had a net margin of 28.73% and a return on equity of 42.23%. The company’s quarterly revenue was up 2.5% on a year-over-year basis. During the same quarter last year, the firm posted $2.75 EPS. On average, research analysts forecast that Union Pacific Corporation will post 11.99 earnings per share for the current fiscal year.

Union Pacific Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, December 30th. Shareholders of record on Friday, December 5th will be given a dividend of $1.38 per share. This represents a $5.52 dividend on an annualized basis and a yield of 2.4%. The ex-dividend date of this dividend is Friday, December 5th. Union Pacific’s payout ratio is 46.90%.

Wall Street Analysts Forecast Growth

UNP has been the topic of a number of research reports. TD Cowen cut their price target on Union Pacific from $258.00 to $257.00 and set a “buy” rating on the stock in a report on Friday, October 24th. UBS Group set a $253.00 target price on Union Pacific and gave the company a “neutral” rating in a research note on Friday, October 3rd. Citigroup raised their price target on shares of Union Pacific from $263.00 to $265.00 and gave the stock a “buy” rating in a research note on Friday, October 24th. JPMorgan Chase & Co. lifted their price objective on shares of Union Pacific from $265.00 to $267.00 and gave the company a “neutral” rating in a report on Friday, October 24th. Finally, Royal Bank Of Canada increased their target price on shares of Union Pacific from $257.00 to $276.00 and gave the stock an “outperform” rating in a report on Wednesday, July 30th. One equities research analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating and eleven have assigned a Hold rating to the company. According to MarketBeat.com, Union Pacific has an average rating of “Moderate Buy” and a consensus target price of $261.63.

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.