Robeco Institutional Asset Management B.V. Takes $168.66 Million Position in Union Pacific Co. (UNP)

Robeco Institutional Asset Management B.V. purchased a new position in Union Pacific Co. (NYSE:UNP) in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 1,035,784 shares of the railroad operator’s stock, valued at approximately $168,658,000. Union Pacific accounts for 0.7% of Robeco Institutional Asset Management B.V.’s investment portfolio, making the stock its 24th biggest position. Robeco Institutional Asset Management B.V. owned approximately 0.14% of Union Pacific as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also recently bought and sold shares of UNP. Morgan Stanley lifted its position in Union Pacific by 2.8% during the second quarter. Morgan Stanley now owns 15,035,819 shares of the railroad operator’s stock valued at $2,130,275,000 after purchasing an additional 413,967 shares during the last quarter. Janus Henderson Group PLC lifted its position in Union Pacific by 55.7% during the second quarter. Janus Henderson Group PLC now owns 5,526,282 shares of the railroad operator’s stock valued at $782,980,000 after purchasing an additional 1,977,446 shares during the last quarter. Schwab Charles Investment Management Inc. lifted its position in Union Pacific by 1.8% during the second quarter. Schwab Charles Investment Management Inc. now owns 5,110,636 shares of the railroad operator’s stock valued at $724,075,000 after purchasing an additional 91,243 shares during the last quarter. Canada Pension Plan Investment Board lifted its position in Union Pacific by 1.9% during the second quarter. Canada Pension Plan Investment Board now owns 3,718,928 shares of the railroad operator’s stock valued at $526,898,000 after purchasing an additional 68,502 shares during the last quarter. Finally, Egerton Capital UK LLP lifted its position in Union Pacific by 0.3% during the second quarter. Egerton Capital UK LLP now owns 3,279,188 shares of the railroad operator’s stock valued at $464,595,000 after purchasing an additional 10,130 shares during the last quarter. Institutional investors and hedge funds own 80.80% of the company’s stock.

Several equities analysts have commented on the stock. Bank of America increased their price objective on shares of Union Pacific from $175.00 to $177.00 and gave the company a “buy” rating in a research report on Monday, October 1st. Morgan Stanley increased their price objective on shares of Union Pacific from $140.00 to $141.00 and gave the company a “hold” rating in a research report on Tuesday, October 9th. ValuEngine upgraded shares of Union Pacific from a “hold” rating to a “buy” rating in a research report on Tuesday, September 18th. Wolfe Research set a $185.00 price objective on shares of Union Pacific and gave the company a “buy” rating in a research report on Tuesday, September 18th. Finally, BMO Capital Markets increased their price objective on shares of Union Pacific to $180.00 and gave the company an “outperform” rating in a research report on Thursday, September 20th. Two research analysts have rated the stock with a sell rating, eight have assigned a hold rating and twelve have issued a buy rating to the stock. Union Pacific currently has an average rating of “Hold” and a consensus target price of $161.44.

In related news, EVP Robert M. Knight, Jr. sold 20,000 shares of the firm’s stock in a transaction dated Monday, September 24th. The shares were sold at an average price of $163.81, for a total value of $3,276,200.00. Following the transaction, the executive vice president now owns 106,518 shares of the company’s stock, valued at approximately $17,448,713.58. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Also, EVP Lynden L. Tennison sold 8,450 shares of the firm’s stock in a transaction dated Tuesday, August 28th. The stock was sold at an average price of $151.72, for a total transaction of $1,282,034.00. Following the completion of the transaction, the executive vice president now directly owns 53,978 shares in the company, valued at approximately $8,189,542.16. The disclosure for this sale can be found here. Company insiders own 0.20% of the company’s stock.

UNP stock opened at $150.25 on Friday. The stock has a market capitalization of $110.64 billion, a P/E ratio of 25.95, a P/E/G ratio of 1.79 and a beta of 0.95. Union Pacific Co. has a 12 month low of $115.16 and a 12 month high of $165.63. The company has a current ratio of 1.06, a quick ratio of 0.89 and a debt-to-equity ratio of 1.01.

Union Pacific (NYSE:UNP) last posted its quarterly earnings results on Thursday, October 25th. The railroad operator reported $2.15 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $2.10 by $0.05. The company had revenue of $5.93 billion for the quarter, compared to the consensus estimate of $5.88 billion. Union Pacific had a net margin of 51.90% and a return on equity of 25.02%. During the same quarter last year, the firm posted $1.50 EPS. On average, equities research analysts expect that Union Pacific Co. will post 7.84 EPS for the current fiscal year.

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Union Pacific Profile

Union Pacific Corporation, through its subsidiary, Union Pacific Railroad Company, operates railroads in the United States. It offers transportation services for agricultural products, including grains, commodities produced from grains, and food and beverage products; automotive, such as finished vehicles and automotive parts; and chemicals comprising industrial chemicals, plastics, fertilizers, petroleum and liquid petroleum gases, crude oil, and soda ash.

See Also: Outstanding Shares

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

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