Rakuten Investment Management Inc. Purchases New Shares in Union Pacific Corporation $UNP

Rakuten Investment Management Inc. purchased a new position in Union Pacific Corporation (NYSE:UNP) during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm purchased 5,567 shares of the railroad operator’s stock, valued at approximately $1,316,000.

A number of other hedge funds also recently bought and sold shares of UNP. Howard Capital Management Group LLC raised its holdings in shares of Union Pacific by 2.0% during the third quarter. Howard Capital Management Group LLC now owns 2,252 shares of the railroad operator’s stock valued at $532,000 after acquiring an additional 45 shares during the period. St. Johns Investment Management Company LLC grew its position in Union Pacific by 1.6% during the 2nd quarter. St. Johns Investment Management Company LLC now owns 3,012 shares of the railroad operator’s stock worth $693,000 after purchasing an additional 46 shares in the last quarter. Hanson & Doremus Investment Management raised its stake in Union Pacific by 2.5% during the 3rd quarter. Hanson & Doremus Investment Management now owns 1,880 shares of the railroad operator’s stock valued at $444,000 after purchasing an additional 46 shares during the period. Silver Oak Securities Incorporated lifted its holdings in shares of Union Pacific by 4.5% in the third quarter. Silver Oak Securities Incorporated now owns 1,065 shares of the railroad operator’s stock valued at $252,000 after purchasing an additional 46 shares in the last quarter. Finally, Schubert & Co lifted its holdings in shares of Union Pacific by 1.9% in the second quarter. Schubert & Co now owns 2,511 shares of the railroad operator’s stock valued at $578,000 after purchasing an additional 47 shares in the last quarter. 80.38% of the stock is owned by hedge funds and other institutional investors.

Union Pacific Price Performance

Shares of UNP opened at $229.67 on Friday. The company has a debt-to-equity ratio of 1.75, a quick ratio of 0.60 and a current ratio of 0.75. The firm has a market cap of $136.23 billion, a PE ratio of 19.51, a PEG ratio of 2.65 and a beta of 0.99. The firm’s 50 day moving average price is $231.23 and its 200 day moving average price is $226.87. Union Pacific Corporation has a twelve month low of $204.66 and a twelve month high of $256.84.

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

Union Pacific Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, December 30th. Shareholders of record on Friday, December 5th were issued a dividend of $1.38 per share. This represents a $5.52 annualized dividend and a yield of 2.4%. The ex-dividend date was Friday, December 5th. Union Pacific’s dividend payout ratio (DPR) is 46.90%.

Wall Street Analyst Weigh In

Several research analysts recently weighed in on the company. Susquehanna reissued a “buy” rating on shares of Union Pacific in a research report on Monday, January 19th. Weiss Ratings reiterated a “hold (c+)” rating on shares of Union Pacific in a report on Wednesday. Citigroup set a $264.00 price target on shares of Union Pacific and gave the stock a “buy” rating in a report on Thursday, January 8th. The Goldman Sachs Group set a $263.00 price objective on shares of Union Pacific and gave the company a “neutral” rating in a research report on Thursday, October 23rd. Finally, UBS Group set a $253.00 price objective on shares of Union Pacific and gave the company a “neutral” rating in a research note on Friday, October 3rd. One research analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating and eleven have issued a Hold rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $258.18.

Union Pacific Company Profile

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.