Dakota Wealth Management Acquires 18,017 Shares of Union Pacific Corporation $UNP

Dakota Wealth Management lifted its holdings in Union Pacific Corporation (NYSE:UNP) by 132.3% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 31,633 shares of the railroad operator’s stock after buying an additional 18,017 shares during the quarter. Dakota Wealth Management’s holdings in Union Pacific were worth $7,317,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of the business. Norges Bank bought a new position in Union Pacific in the 2nd quarter valued at $1,856,340,000. Capital World Investors lifted its position in shares of Union Pacific by 193.3% during the third quarter. Capital World Investors now owns 10,481,043 shares of the railroad operator’s stock worth $2,477,404,000 after purchasing an additional 6,908,016 shares during the last quarter. Capital Research Global Investors lifted its position in shares of Union Pacific by 95.0% during the third quarter. Capital Research Global Investors now owns 8,713,196 shares of the railroad operator’s stock worth $2,059,538,000 after purchasing an additional 4,244,226 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its stake in shares of Union Pacific by 72.7% during the third quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 9,177,002 shares of the railroad operator’s stock valued at $2,169,168,000 after purchasing an additional 3,861,636 shares during the period. Finally, EdgePoint Investment Group Inc. purchased a new stake in shares of Union Pacific during the third quarter valued at $408,592,000. 80.38% of the stock is owned by institutional investors.

Union Pacific Stock Performance

UNP stock opened at $238.91 on Friday. Union Pacific Corporation has a 1-year low of $204.66 and a 1-year high of $268.14. The business has a 50-day moving average price of $248.16 and a 200 day moving average price of $234.77. The company has a market capitalization of $141.77 billion, a P/E ratio of 19.96, a PEG ratio of 2.63 and a beta of 0.95. The company has a debt-to-equity ratio of 1.64, a current ratio of 0.91 and a quick ratio of 0.75.

Union Pacific (NYSE:UNP) last issued its earnings results on Tuesday, January 27th. The railroad operator reported $2.86 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.92 by ($0.06). The business 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%.During the same quarter in the previous year, the company earned $2.91 earnings per share. The firm’s revenue was down .6% on a year-over-year basis. As a group, equities research analysts forecast that Union Pacific Corporation will post 11.99 EPS for the current fiscal year.

Union Pacific Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 31st. Stockholders of record on Friday, February 27th will be paid a dividend of $1.38 per share. The ex-dividend date is Friday, February 27th. This represents a $5.52 dividend on an annualized basis and a dividend yield of 2.3%. Union Pacific’s dividend payout ratio (DPR) is currently 46.12%.

Analyst Upgrades and Downgrades

Several research analysts recently commented on the stock. Raymond James Financial reaffirmed a “strong-buy” rating on shares of Union Pacific in a research note on Tuesday, January 27th. TD Cowen lowered their price objective on shares of Union Pacific from $257.00 to $255.00 and set a “buy” rating for the company in a research report on Wednesday, January 28th. Barclays restated an “overweight” rating and issued a $285.00 target price (up from $270.00) on shares of Union Pacific in a research note on Tuesday, December 16th. JPMorgan Chase & Co. decreased their price target on shares of Union Pacific from $270.00 to $265.00 and set a “neutral” rating for the company in a research note on Wednesday, January 28th. Finally, Deutsche Bank Aktiengesellschaft set a $245.00 price target on Union Pacific in a report on Thursday, December 11th. One investment analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating and eight have given a Hold rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $264.86.

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.