Union Pacific Corporation $UNP Shares Sold by Invesco Ltd.

Invesco Ltd. lowered its position in Union Pacific Corporation (NYSE:UNP) by 5.0% during the second quarter, Holdings Channel.com reports. The institutional investor owned 5,396,354 shares of the railroad operator’s stock after selling 285,553 shares during the period. Invesco Ltd.’s holdings in Union Pacific were worth $1,241,593,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors also recently bought and sold shares of UNP. Trek Financial LLC acquired a new stake in shares of Union Pacific in the second quarter worth $1,267,000. 1832 Asset Management L.P. boosted its holdings in Union Pacific by 6.3% in the second quarter. 1832 Asset Management L.P. now owns 617,121 shares of the railroad operator’s stock valued at $141,987,000 after purchasing an additional 36,605 shares during the last quarter. CW Advisors LLC grew its position in Union Pacific by 1.9% during the 2nd quarter. CW Advisors LLC now owns 27,749 shares of the railroad operator’s stock worth $6,382,000 after purchasing an additional 508 shares during the period. Twin Peaks Wealth Advisors LLC purchased a new position in shares of Union Pacific during the 2nd quarter valued at about $56,000. Finally, Nicolet Bankshares Inc. lifted its holdings in shares of Union Pacific by 9.4% in the 2nd quarter. Nicolet Bankshares Inc. now owns 3,326 shares of the railroad operator’s stock valued at $765,000 after buying an additional 287 shares during the period. 80.38% of the stock is owned by hedge funds and other institutional investors.

Union Pacific Price Performance

Union Pacific stock opened at $232.71 on Wednesday. The stock has a market capitalization of $138.03 billion, a P/E ratio of 19.77, a P/E/G ratio of 2.27 and a beta of 0.99. The company’s fifty day moving average price is $226.18 and its 200 day moving average price is $225.17. The company has a debt-to-equity ratio of 1.75, a quick ratio of 0.60 and a current ratio of 0.75. Union Pacific Corporation has a 1 year low of $204.66 and a 1 year high of $256.84.

Union Pacific (NYSE:UNP) last posted its quarterly earnings data on Thursday, October 23rd. The railroad operator reported $3.08 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.99 by $0.09. The business had revenue of $6.24 billion for 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 revenue was up 2.5% compared to the same quarter last year. During the same period last year, the firm posted $2.75 earnings per share. As a group, equities research analysts anticipate that Union Pacific Corporation will post 11.99 earnings per share for the current fiscal year.

Union Pacific Dividend Announcement

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

Analyst Upgrades and Downgrades

Several analysts recently commented on the company. TD Cowen dropped their target price on Union Pacific from $258.00 to $257.00 and set a “buy” rating on the stock in a report on Friday, October 24th. Weiss Ratings restated a “hold (c+)” rating on shares of Union Pacific in a research report on Wednesday, October 8th. Susquehanna reaffirmed a “positive” rating and set a $272.00 target price (up from $257.00) on shares of Union Pacific in a report on Thursday, September 25th. BMO Capital Markets decreased their target price on shares of Union Pacific from $277.00 to $275.00 and set an “outperform” rating for the company in a research note on Friday, October 24th. Finally, UBS Group set a $253.00 price target on shares of Union Pacific and gave the company a “neutral” rating in a research report on Friday, October 3rd. One investment analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating and eleven have issued a Hold rating to the company. According to MarketBeat, Union Pacific presently has a consensus 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.