Union Pacific Co. (NYSE:UNP) Shares Acquired by TD Private Client Wealth LLC

TD Private Client Wealth LLC lifted its stake in shares of Union Pacific Co. (NYSE:UNP) by 0.6% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 19,642 shares of the railroad operator’s stock after purchasing an additional 121 shares during the period. TD Private Client Wealth LLC’s holdings in Union Pacific were worth $4,841,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also recently modified their holdings of UNP. Cultivar Capital Inc. purchased a new position in Union Pacific in the 2nd quarter valued at $27,000. Strategic Investment Solutions Inc. IL purchased a new stake in shares of Union Pacific during the second quarter worth $28,000. Financial Gravity Asset Management Inc. raised its position in shares of Union Pacific by 3,250.0% in the second quarter. Financial Gravity Asset Management Inc. now owns 134 shares of the railroad operator’s stock valued at $30,000 after buying an additional 130 shares during the last quarter. Catalyst Capital Advisors LLC purchased a new position in shares of Union Pacific in the third quarter worth about $30,000. Finally, Fairscale Capital LLC acquired a new position in Union Pacific during the second quarter worth about $31,000. Institutional investors and hedge funds own 80.38% of the company’s stock.

Union Pacific Stock Down 1.4 %

Union Pacific stock opened at $233.86 on Thursday. The company has a market capitalization of $141.78 billion, a PE ratio of 21.47, a price-to-earnings-growth ratio of 2.31 and a beta of 1.05. The company has a debt-to-equity ratio of 1.79, a quick ratio of 0.63 and a current ratio of 0.77. Union Pacific Co. has a fifty-two week low of $218.55 and a fifty-two week high of $258.66. The firm has a 50 day moving average price of $238.79 and a 200 day moving average price of $238.33.

Union Pacific (NYSE:UNP) last issued its quarterly earnings data on Thursday, October 24th. The railroad operator reported $2.75 earnings per share for the quarter, missing analysts’ consensus estimates of $2.78 by ($0.03). Union Pacific had a net margin of 27.33% and a return on equity of 41.79%. The firm had revenue of $6.09 billion during the quarter, compared to analyst estimates of $6.14 billion. During the same period in the previous year, the firm posted $2.51 earnings per share. The company’s quarterly revenue was up 2.5% compared to the same quarter last year. Research analysts expect that Union Pacific Co. will post 10.94 earnings per share for the current year.

Union Pacific Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, December 30th. Stockholders of record on Monday, December 9th will be given a dividend of $1.34 per share. The ex-dividend date of this dividend is Monday, December 9th. This represents a $5.36 annualized dividend and a dividend yield of 2.29%. Union Pacific’s dividend payout ratio is presently 49.22%.

Analyst Ratings Changes

A number of analysts have commented on the stock. Royal Bank of Canada cut their price objective on shares of Union Pacific from $288.00 to $283.00 and set an “outperform” rating for the company in a report on Friday, October 25th. Stifel Nicolaus cut their price target on Union Pacific from $265.00 to $262.00 and set a “buy” rating for the company in a report on Friday, October 25th. Evercore ISI lowered Union Pacific from an “outperform” rating to an “inline” rating and lowered their price objective for the stock from $254.00 to $247.00 in a research note on Wednesday, September 25th. Wells Fargo & Company dropped their target price on Union Pacific from $270.00 to $255.00 and set an “overweight” rating for the company in a report on Friday, October 25th. Finally, TD Cowen reduced their price target on Union Pacific from $255.00 to $252.00 and set a “buy” rating on the stock in a report on Friday, October 25th. Nine equities research analysts have rated the stock with a hold rating, eleven have issued a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $259.80.

About Union Pacific

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.