HMS Capital Management LLC Buys Shares of 1,618 Union Pacific Co. (UNP)

HMS Capital Management LLC bought a new stake in shares of Union Pacific Co. (NYSE:UNP) in the second quarter, according to its most recent filing with the Securities and Exchange Commission. The fund bought 1,618 shares of the railroad operator’s stock, valued at approximately $229,000.

A number of other institutional investors and hedge funds also recently made changes to their positions in the business. Nomura Asset Management Co. Ltd. grew its position in shares of Union Pacific by 5.7% during the 2nd quarter. Nomura Asset Management Co. Ltd. now owns 189,656 shares of the railroad operator’s stock valued at $26,870,000 after acquiring an additional 10,194 shares during the period. Wallington Asset Management LLC grew its position in shares of Union Pacific by 0.6% during the 2nd quarter. Wallington Asset Management LLC now owns 87,532 shares of the railroad operator’s stock valued at $12,402,000 after acquiring an additional 520 shares during the period. FineMark National Bank & Trust grew its position in shares of Union Pacific by 2.9% during the 2nd quarter. FineMark National Bank & Trust now owns 25,689 shares of the railroad operator’s stock valued at $3,640,000 after acquiring an additional 726 shares during the period. Country Club Trust Company n.a. bought a new stake in shares of Union Pacific during the 2nd quarter valued at $1,859,000. Finally, Boston Partners bought a new stake in shares of Union Pacific during the 2nd quarter valued at $18,864,000. Institutional investors and hedge funds own 82.25% of the company’s stock.

A number of brokerages have recently issued reports on UNP. Zacks Investment Research downgraded shares of Union Pacific from a “buy” rating to a “hold” rating in a research report on Wednesday, August 8th. ValuEngine raised shares of Union Pacific from a “hold” rating to a “buy” rating in a research report on Thursday, August 2nd. Stifel Nicolaus set a $151.00 price objective on shares of Union Pacific and gave the company a “hold” rating in a research report on Thursday, May 24th. Deutsche Bank downgraded shares of Union Pacific from a “buy” rating to a “hold” rating and set a $162.00 price objective for the company. in a research report on Tuesday. Finally, Loop Capital boosted their price objective on shares of Union Pacific to $153.00 and gave the company a “hold” rating in a research report on Friday, June 1st. Three analysts have rated the stock with a sell rating, twelve have given a hold rating and eleven have issued a buy rating to the company. The company presently has an average rating of “Hold” and an average price target of $147.00.



Shares of Union Pacific stock opened at $150.19 on Wednesday. The firm has a market capitalization of $110.07 billion, a P/E ratio of 25.94, a PEG ratio of 1.80 and a beta of 0.83. The company has a quick ratio of 0.85, a current ratio of 1.03 and a debt-to-equity ratio of 1.07. Union Pacific Co. has a fifty-two week low of $102.87 and a fifty-two week high of $151.50.

Union Pacific (NYSE:UNP) last issued its earnings results on Thursday, July 19th. The railroad operator reported $1.98 earnings per share for the quarter, topping the consensus estimate of $1.94 by $0.04. The company had revenue of $5.67 billion during the quarter, compared to the consensus estimate of $5.65 billion. Union Pacific had a net margin of 51.31% and a return on equity of 23.63%. Union Pacific’s quarterly revenue was up 8.0% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $1.45 EPS. sell-side analysts forecast that Union Pacific Co. will post 7.75 EPS for the current year.

The company also recently announced a quarterly dividend, which will be paid on Friday, September 28th. Investors of record on Friday, August 31st will be issued a $0.80 dividend. The ex-dividend date of this dividend is Thursday, August 30th. This represents a $3.20 annualized dividend and a yield of 2.13%. This is an increase from Union Pacific’s previous quarterly dividend of $0.73. Union Pacific’s dividend payout ratio is currently 50.43%.

Union Pacific Profile

Union Pacific Corporation, through its subsidiary, Union Pacific Railroad Company, operates railroads in the United States. It offers transportation services for agricultural products, including grains, commodities produced from grains, and food and beverage products; automotive, such as finished vehicles and automotive parts; and chemicals comprising industrial chemicals, plastics, fertilizers, petroleum and liquid petroleum gases, crude oil, and soda ash.

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

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