Cbre Clarion Securities LLC Buys 63,589 Shares of Union Pacific Co. (NYSE:UNP)

Cbre Clarion Securities LLC raised its holdings in Union Pacific Co. (NYSE:UNP) by 45.2% in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 204,353 shares of the railroad operator’s stock after purchasing an additional 63,589 shares during the quarter. Union Pacific makes up about 0.9% of Cbre Clarion Securities LLC’s investment portfolio, making the stock its 29th largest position. Cbre Clarion Securities LLC’s holdings in Union Pacific were worth $45,041,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also modified their holdings of UNP. Red Cedar Capital LLC bought a new position in Union Pacific in the 1st quarter valued at $26,000. Better Money Decisions LLC bought a new position in Union Pacific in the 1st quarter valued at $28,000. Vantage Consulting Group Inc bought a new position in Union Pacific in the 4th quarter valued at $30,000. Wealthcare Capital Management LLC bought a new position in Union Pacific in the 1st quarter valued at $33,000. Finally, Total Clarity Wealth Management Inc. bought a new position in Union Pacific in the 1st quarter valued at $33,000. Hedge funds and other institutional investors own 77.84% of the company’s stock.

NYSE:UNP traded up $2.46 on Friday, reaching $222.05. The company’s stock had a trading volume of 44,877 shares, compared to its average volume of 2,801,367. Union Pacific Co. has a 1-year low of $161.41 and a 1-year high of $231.26. The company has a current ratio of 0.76, a quick ratio of 0.63 and a debt-to-equity ratio of 1.55. The stock has a market cap of $147.51 billion, a price-to-earnings ratio of 28.72, a PEG ratio of 2.34 and a beta of 1.14. The stock’s 50-day moving average price is $223.55.

Union Pacific (NYSE:UNP) last posted its earnings results on Wednesday, April 21st. The railroad operator reported $2.00 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.06 by ($0.06). Union Pacific had a net margin of 27.02% and a return on equity of 32.45%. The business had revenue of $5 billion during the quarter, compared to analyst estimates of $5.07 billion. During the same period in the previous year, the firm posted $2.15 earnings per share. The firm’s revenue was down 4.4% on a year-over-year basis. As a group, equities research analysts forecast that Union Pacific Co. will post 9.55 earnings per share for the current fiscal year.

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, June 30th. Shareholders of record on Friday, May 28th will be paid a $1.07 dividend. This represents a $4.28 dividend on an annualized basis and a yield of 1.93%. This is a boost from Union Pacific’s previous quarterly dividend of $0.97. The ex-dividend date of this dividend is Thursday, May 27th. Union Pacific’s payout ratio is presently 52.26%.

Several equities analysts have issued reports on UNP shares. Vertical Research assumed coverage on Union Pacific in a research report on Friday, March 26th. They issued a “buy” rating for the company. Deutsche Bank Aktiengesellschaft boosted their target price on Union Pacific from $239.00 to $252.00 and gave the stock a “buy” rating in a research report on Monday, May 3rd. BMO Capital Markets boosted their target price on Union Pacific from $230.00 to $240.00 and gave the stock an “outperform” rating in a research report on Friday, April 23rd. Barclays boosted their target price on Union Pacific from $230.00 to $240.00 and gave the stock an “equal weight” rating in a research report on Friday, May 28th. Finally, Royal Bank of Canada boosted their target price on Union Pacific from $232.00 to $244.00 and gave the stock an “outperform” rating in a research report on Friday, April 23rd. Five analysts have rated the stock with a hold rating, thirteen have given a buy rating and one has issued a strong buy rating to the company’s stock. Union Pacific has an average rating of “Buy” and an average price target of $226.32.

Union Pacific Profile

Union Pacific Corporation, through its subsidiary, Union Pacific Railroad Company, engages 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, and other agricultural users; coal and sand, petroleum, and liquid petroleum gases; and construction products, industrial chemicals, plastics, forest products, specialized products, metals and ores, and soda ash, as well as finished automobiles, automotive parts, and merchandise in intermodal containers.

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Institutional Ownership by Quarter for Union Pacific (NYSE:UNP)

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