Pictet Asset Management Ltd. lifted its stake in shares of Union Pacific Co. (NYSE:UNP) by 21.0% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 737,024 shares of the railroad operator’s stock after buying an additional 127,761 shares during the period. Pictet Asset Management Ltd. owned about 0.09% of Union Pacific worth $85,473,000 as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in UNP. Hosking Partners LLP increased its holdings in shares of Union Pacific by 10.1% during the first quarter. Hosking Partners LLP now owns 271,329 shares of the railroad operator’s stock worth $28,739,000 after buying an additional 24,940 shares in the last quarter. Abbrea Capital LLC increased its holdings in shares of Union Pacific by 5.0% during the first quarter. Abbrea Capital LLC now owns 6,459 shares of the railroad operator’s stock worth $684,000 after buying an additional 310 shares in the last quarter. Bronfman E.L. Rothschild L.P. increased its holdings in shares of Union Pacific by 12.9% during the first quarter. Bronfman E.L. Rothschild L.P. now owns 13,579 shares of the railroad operator’s stock worth $1,438,000 after buying an additional 1,549 shares in the last quarter. Great Lakes Advisors LLC increased its holdings in shares of Union Pacific by 14.2% during the first quarter. Great Lakes Advisors LLC now owns 64,183 shares of the railroad operator’s stock worth $6,798,000 after buying an additional 7,992 shares in the last quarter. Finally, Martingale Asset Management L P increased its holdings in shares of Union Pacific by 2,918.1% during the first quarter. Martingale Asset Management L P now owns 68,721 shares of the railroad operator’s stock worth $7,279,000 after buying an additional 66,444 shares in the last quarter. Institutional investors own 78.43% of the company’s stock.

Shares of Union Pacific Co. (NYSE:UNP) opened at $134.47 on Friday. The company has a current ratio of 1.16, a quick ratio of 0.97 and a debt-to-equity ratio of 0.83. Union Pacific Co. has a 1-year low of $101.06 and a 1-year high of $135.30. The firm has a market capitalization of $106,440.00, a PE ratio of 23.80, a price-to-earnings-growth ratio of 2.17 and a beta of 0.90.

Union Pacific (NYSE:UNP) last issued its quarterly earnings results on Thursday, October 26th. The railroad operator reported $1.50 earnings per share for the quarter, topping the Zacks’ consensus estimate of $1.49 by $0.01. Union Pacific had a return on equity of 23.35% and a net margin of 21.84%. The firm had revenue of $5.41 billion during the quarter, compared to the consensus estimate of $5.32 billion. During the same period last year, the business posted $1.36 EPS. The business’s revenue was up 4.5% compared to the same quarter last year. sell-side analysts predict that Union Pacific Co. will post 5.78 earnings per share for the current year.

The firm also recently declared a quarterly dividend, which will be paid on Thursday, December 28th. Shareholders of record on Thursday, November 30th will be issued a dividend of $0.665 per share. This is an increase from Union Pacific’s previous quarterly dividend of $0.61. This represents a $2.66 dividend on an annualized basis and a yield of 1.98%. The ex-dividend date is Wednesday, November 29th. Union Pacific’s dividend payout ratio (DPR) is presently 47.08%.

Several research analysts have recently issued reports on UNP shares. Argus upped their price target on shares of Union Pacific from $125.00 to $130.00 and gave the stock a “buy” rating in a report on Tuesday, October 31st. BMO Capital Markets restated a “buy” rating on shares of Union Pacific in a report on Friday, October 20th. Zacks Investment Research upgraded Union Pacific from a “hold” rating to a “buy” rating and set a $130.00 price objective for the company in a report on Wednesday, November 1st. Barclays restated a “buy” rating and issued a $150.00 price objective on shares of Union Pacific in a report on Wednesday, December 13th. Finally, Morgan Stanley downgraded Union Pacific from an “overweight” rating to an “equal weight” rating and decreased their price objective for the company from $102.00 to $100.00 in a report on Monday, October 2nd. Three equities research analysts have rated the stock with a sell rating, sixteen have issued a hold rating and four have assigned a buy rating to the company. The company currently has an average rating of “Hold” and a consensus target price of $120.00.

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About Union Pacific

Union Pacific Corporation is a railroad operating company in the United States. The Company operates through its principal operating company, Union Pacific Railroad Company (UPRR). Its business mix includes Agricultural Products, Automotive, Chemicals, Coal, Industrial Products and Intermodal. Its freight traffic consists of bulk, manifest, and premium business.

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

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