7,110 Shares in Union Pacific Corporation $UNP Bought by Corsicana & Co.

Corsicana & Co. purchased a new stake in shares of Union Pacific Corporation (NYSE:UNPFree Report) during the third quarter, Holdings Channel reports. The fund purchased 7,110 shares of the railroad operator’s stock, valued at approximately $1,681,000.

Other hedge funds have also recently made changes to their positions in the company. CBIZ Investment Advisory Services LLC boosted its position in shares of Union Pacific by 1,400.0% during the 1st quarter. CBIZ Investment Advisory Services LLC now owns 120 shares of the railroad operator’s stock valued at $28,000 after purchasing an additional 112 shares in the last quarter. Howard Hughes Medical Institute acquired a new position in Union Pacific in the second quarter valued at approximately $30,000. Financial Gravity Companies Inc. bought a new position in shares of Union Pacific during the 2nd quarter worth approximately $31,000. Total Investment Management Inc. bought a new position in shares of Union Pacific during the 2nd quarter worth approximately $31,000. Finally, Access Investment Management LLC acquired a new stake in shares of Union Pacific during the 2nd quarter worth approximately $32,000. 80.38% of the stock is owned by institutional investors.

Union Pacific Trading Down 0.1%

UNP opened at $234.25 on Friday. Union Pacific Corporation has a fifty-two week low of $204.66 and a fifty-two week high of $256.84. The firm has a market capitalization of $138.95 billion, a PE ratio of 19.90, a P/E/G ratio of 2.72 and a beta of 0.99. The company has a debt-to-equity ratio of 1.75, a current ratio of 0.75 and a quick ratio of 0.60. The company’s 50-day moving average is $226.84 and its 200 day moving average is $226.31.

Union Pacific (NYSE:UNPGet Free Report) last released its quarterly earnings results on Thursday, October 23rd. The railroad operator reported $3.08 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.99 by $0.09. The business had revenue of $6.24 billion during the quarter, compared to the consensus estimate of $6.24 billion. Union Pacific had a return on equity of 42.23% and a net margin of 28.73%.The company’s quarterly revenue was up 2.5% on a year-over-year basis. During the same quarter in the previous year, the business earned $2.75 EPS. As a group, research analysts predict that Union Pacific Corporation will post 11.99 earnings per share for the current fiscal year.

Union Pacific Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, December 30th. Investors of record on Friday, December 5th will be given a $1.38 dividend. 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 dividend payout ratio is presently 46.90%.

Wall Street Analyst Weigh In

Several brokerages recently issued reports on UNP. The Goldman Sachs Group set a $263.00 target price on shares of Union Pacific and gave the stock a “neutral” rating in a research note on Thursday, October 23rd. TD Cowen dropped their price objective on shares of Union Pacific from $258.00 to $257.00 and set a “buy” rating on the stock in a report on Friday, October 24th. Cowen restated a “buy” rating on shares of Union Pacific in a research note on Friday, October 24th. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Union Pacific in a research report on Wednesday, October 8th. Finally, Barclays reiterated an “overweight” rating and issued a $285.00 price target (up previously from $270.00) on shares of Union Pacific in a report on Tuesday. One research analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating and eleven have issued a Hold rating to the company. Based on data from MarketBeat.com, Union Pacific currently has an average rating of “Moderate Buy” and an average target price of $260.33.

View Our Latest Report on UNP

Key Headlines Impacting Union Pacific

Here are the key news stories impacting Union Pacific this week:

Union Pacific Company Profile

(Free Report)

Union Pacific Corporation (NYSE: UNP) is one of the largest freight railroad companies in the United States. Its principal operating subsidiary, Union Pacific Railroad, has roots that trace back to the Pacific Railway Act of 1862 and the construction of the first transcontinental rail link completed in 1869. The company is headquartered in Omaha, Nebraska, and operates as a holding company for rail transportation and related services.

Union Pacific’s core business is the movement of freight by rail across an extensive rail network serving the western two‑thirds of the United States.

See Also

Want to see what other hedge funds are holding UNP? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Union Pacific Corporation (NYSE:UNPFree Report).

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

Receive News & Ratings for Union Pacific Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Union Pacific and related companies with MarketBeat.com's FREE daily email newsletter.