Canada Post Corp Registered Pension Plan Acquires 21,784 Shares of Union Pacific Corporation $UNP

Canada Post Corp Registered Pension Plan grew its holdings in Union Pacific Corporation (NYSE:UNP) by 220.0% in the third quarter, Holdings Channel reports. The firm owned 31,685 shares of the railroad operator’s stock after buying an additional 21,784 shares during the quarter. Canada Post Corp Registered Pension Plan’s holdings in Union Pacific were worth $7,483,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Howard Hughes Medical Institute purchased a new stake in shares of Union Pacific during the 2nd quarter valued at about $30,000. Total Investment Management Inc. bought a new position in Union Pacific during the second quarter valued at approximately $31,000. Financial Gravity Companies Inc. purchased a new stake in Union Pacific in the second quarter worth approximately $31,000. Access Investment Management LLC bought a new stake in Union Pacific in the 2nd quarter worth approximately $32,000. Finally, Sagard Holdings Management Inc. purchased a new stake in Union Pacific during the 2nd quarter valued at $33,000. 80.38% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

Several research firms have recently weighed in on UNP. JPMorgan Chase & Co. lowered their price target on Union Pacific from $270.00 to $265.00 and set a “neutral” rating on the stock in a report on Wednesday, January 28th. BMO Capital Markets set a $255.00 target price on Union Pacific in a report on Wednesday, January 7th. Raymond James Financial restated a “strong-buy” rating on shares of Union Pacific in a research note on Tuesday, January 27th. Susquehanna reaffirmed a “buy” rating on shares of Union Pacific in a research report on Monday, January 19th. Finally, Deutsche Bank Aktiengesellschaft set a $245.00 price objective on shares of Union Pacific in a report on Thursday, December 11th. One analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and eleven have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $258.32.

Union Pacific Stock Up 0.6%

UNP stock opened at $252.92 on Friday. The business’s 50-day moving average price is $233.86 and its 200-day moving average price is $227.44. The stock has a market cap of $150.02 billion, a P/E ratio of 21.13, a PEG ratio of 2.74 and a beta of 0.98. The company has a quick ratio of 0.60, a current ratio of 0.91 and a debt-to-equity ratio of 1.64. Union Pacific Corporation has a twelve month low of $204.66 and a twelve month high of $253.29.

Union Pacific (NYSE:UNP) last released its earnings results on Tuesday, January 27th. The railroad operator reported $2.86 EPS for the quarter, missing analysts’ consensus estimates of $2.92 by ($0.06). The firm had revenue of $6.09 billion for the quarter, compared to the consensus estimate of $6.15 billion. Union Pacific had a return on equity of 40.89% and a net margin of 29.12%.Union Pacific’s revenue was down .6% on a year-over-year basis. During the same quarter in the previous year, the business posted $2.91 EPS. On average, equities research analysts forecast that Union Pacific Corporation will post 11.99 EPS for the current year.

Union Pacific Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, March 31st. Investors of record on Friday, February 27th will be issued a $1.38 dividend. The ex-dividend date of this dividend is Friday, February 27th. This represents a $5.52 annualized dividend and a yield of 2.2%. Union Pacific’s dividend payout ratio is currently 46.12%.

Union Pacific 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.