KBC Group NV Increases Stake in Union Pacific Co. (UNP)

KBC Group NV grew its position in shares of Union Pacific Co. (NYSE:UNP) by 9.1% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 194,744 shares of the railroad operator’s stock after buying an additional 16,233 shares during the quarter. KBC Group NV’s holdings in Union Pacific were worth $22,585,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also recently made changes to their positions in the company. Mitsubishi UFJ Securities Holdings Co. Ltd. raised its stake in shares of Union Pacific by 46.6% in the 2nd quarter. Mitsubishi UFJ Securities Holdings Co. Ltd. now owns 1,070 shares of the railroad operator’s stock valued at $117,000 after acquiring an additional 340 shares in the last quarter. Acrospire Investment Management LLC raised its stake in shares of Union Pacific by 33.3% in the 2nd quarter. Acrospire Investment Management LLC now owns 1,200 shares of the railroad operator’s stock valued at $131,000 after acquiring an additional 300 shares in the last quarter. Community Bank N.A. raised its stake in shares of Union Pacific by 3.0% in the 2nd quarter. Community Bank N.A. now owns 1,537 shares of the railroad operator’s stock valued at $168,000 after acquiring an additional 45 shares in the last quarter. Jacobi Capital Management LLC raised its stake in shares of Union Pacific by 6.6% in the 2nd quarter. Jacobi Capital Management LLC now owns 1,705 shares of the railroad operator’s stock valued at $185,000 after acquiring an additional 105 shares in the last quarter. Finally, Yorkville Capital Management LLC bought a new position in shares of Union Pacific in the 2nd quarter valued at approximately $202,000. Institutional investors and hedge funds own 78.56% of the company’s stock.

UNP has been the topic of a number of recent analyst reports. BMO Capital Markets reissued a “buy” rating on shares of Union Pacific in a research note on Friday, October 20th. Zacks Investment Research raised Union Pacific from a “hold” rating to a “buy” rating and set a $130.00 price objective on the stock in a research note on Wednesday, November 1st. Argus raised their price objective on Union Pacific from $125.00 to $130.00 and gave the company a “buy” rating in a research note on Tuesday, October 31st. Barclays reissued a “buy” rating and issued a $150.00 price objective on shares of Union Pacific in a research note on Wednesday, December 13th. Finally, UBS Group raised Union Pacific from a “neutral” rating to a “buy” rating in a research note on Friday, January 5th. Three investment analysts have rated the stock with a sell rating, thirteen have issued a hold rating and eight have issued a buy rating to the company’s stock. The stock has an average rating of “Hold” and an average price target of $125.16.

Shares of Union Pacific Co. (NYSE:UNP) opened at $141.97 on Tuesday. The stock has a market capitalization of $111,750.00, a P/E ratio of 25.13, a PEG ratio of 1.87 and a beta of 0.90. 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 $142.19.

Union Pacific (NYSE:UNP) last released its quarterly earnings data on Thursday, October 26th. The railroad operator reported $1.50 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.49 by $0.01. The business had revenue of $5.41 billion for the quarter, compared to analysts’ expectations of $5.32 billion. Union Pacific had a return on equity of 23.35% and a net margin of 21.84%. Union Pacific’s quarterly revenue was up 4.5% on a year-over-year basis. During the same period in the previous year, the business posted $1.36 earnings per share. analysts predict that Union Pacific Co. will post 5.79 EPS for the current year.

The company also recently disclosed a quarterly dividend, which was paid on Thursday, December 28th. Stockholders of record on Thursday, November 30th were given a dividend of $0.665 per share. The ex-dividend date of this dividend was Wednesday, November 29th. This is a boost from Union Pacific’s previous quarterly dividend of $0.61. This represents a $2.66 dividend on an annualized basis and a dividend yield of 1.87%. Union Pacific’s payout ratio is currently 47.08%.

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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.

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

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