Caisse DE Depot ET Placement DU Quebec Has $37.42 Million Position in Union Pacific Co. (NYSE:UNP)

Caisse DE Depot ET Placement DU Quebec trimmed its stake in shares of Union Pacific Co. (NYSE:UNP) by 60.8% in the third quarter, HoldingsChannel.com reports. The fund owned 151,798 shares of the railroad operator’s stock after selling 235,934 shares during the quarter. Caisse DE Depot ET Placement DU Quebec’s holdings in Union Pacific were worth $37,415,000 at the end of the most recent reporting period.

Several other large investors also recently modified their holdings of the stock. Cultivar Capital Inc. bought a new position in Union Pacific in the 2nd quarter valued at about $27,000. Strategic Investment Solutions Inc. IL acquired a new stake in shares of Union Pacific during the 2nd quarter worth approximately $28,000. Financial Gravity Asset Management Inc. increased its stake in Union Pacific by 3,250.0% in the second quarter. Financial Gravity Asset Management Inc. now owns 134 shares of the railroad operator’s stock valued at $30,000 after acquiring an additional 130 shares during the last quarter. Catalyst Capital Advisors LLC acquired a new position in Union Pacific during the third quarter valued at approximately $30,000. Finally, Fairscale Capital LLC acquired a new stake in shares of Union Pacific in the 2nd quarter valued at $31,000. 80.38% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

UNP has been the subject of a number of research analyst reports. Wells Fargo & Company lowered their price target on Union Pacific from $270.00 to $255.00 and set an “overweight” rating for the company in a report on Friday, October 25th. Citigroup increased their target price on shares of Union Pacific from $255.00 to $267.00 and gave the stock a “neutral” rating in a report on Tuesday, November 12th. Barclays upped their price objective on shares of Union Pacific from $275.00 to $285.00 and gave the stock an “overweight” rating in a research report on Wednesday, November 13th. Stifel Nicolaus decreased their target price on shares of Union Pacific from $265.00 to $262.00 and set a “buy” rating on the stock in a research note on Friday, October 25th. Finally, Evercore ISI cut Union Pacific from an “outperform” rating to an “inline” rating and dropped their price target for the company from $254.00 to $247.00 in a research note on Wednesday, September 25th. Nine investment analysts have rated the stock with a hold rating, eleven have given a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $259.80.

Union Pacific Trading Down 0.2 %

UNP opened at $244.66 on Monday. The company has a fifty day moving average price of $240.12 and a two-hundred day moving average price of $238.45. Union Pacific Co. has a 1-year low of $218.55 and a 1-year high of $258.66. The company has a market cap of $148.33 billion, a P/E ratio of 22.47, a price-to-earnings-growth ratio of 2.42 and a beta of 1.06. The company has a current ratio of 0.77, a quick ratio of 0.63 and a debt-to-equity ratio of 1.79.

Union Pacific (NYSE:UNP) last issued its earnings results on Thursday, October 24th. The railroad operator reported $2.75 EPS for the quarter, missing analysts’ consensus estimates of $2.78 by ($0.03). The firm had revenue of $6.09 billion during the quarter, compared to the consensus estimate of $6.14 billion. Union Pacific had a net margin of 27.33% and a return on equity of 41.79%. The business’s quarterly revenue was up 2.5% on a year-over-year basis. During the same period in the previous year, the firm earned $2.51 earnings per share. Analysts predict that Union Pacific Co. will post 10.94 EPS for the current fiscal year.

Union Pacific Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, December 30th. Shareholders of record on Monday, December 9th will be paid a dividend of $1.34 per share. The ex-dividend date is Monday, December 9th. This represents a $5.36 dividend on an annualized basis and a yield of 2.19%. Union Pacific’s dividend payout ratio (DPR) is presently 49.22%.

Union Pacific Profile

Union Pacific Corporation, through its subsidiary, Union Pacific Railroad Company, operates in the railroad business in the United States. The company offers transportation services for grain and grain products, fertilizers, food and refrigerated products, and coal and renewables to grain processors, animal feeders, ethanol producers, renewable biofuel producers, and other agricultural users; and construction products, industrial chemicals, plastics, forest products, specialized products, metals and ores, petroleum, liquid petroleum gases, soda ash, and sand, as well as finished automobiles, automotive parts, and merchandise in intermodal containers.