Roosevelt Investment Group Inc. Increases Holdings in Union Pacific Co. (UNP)

Roosevelt Investment Group Inc. raised its holdings in shares of Union Pacific Co. (NYSE:UNP) by 11.1% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 138,857 shares of the railroad operator’s stock after buying an additional 13,881 shares during the period. Union Pacific comprises 1.5% of Roosevelt Investment Group Inc.’s portfolio, making the stock its 23rd largest holding. Roosevelt Investment Group Inc.’s holdings in Union Pacific were worth $16,103,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in UNP. Mitsubishi UFJ Securities Holdings Co. Ltd. increased its holdings in Union Pacific by 46.6% during the second quarter. Mitsubishi UFJ Securities Holdings Co. Ltd. now owns 1,070 shares of the railroad operator’s stock valued at $117,000 after buying an additional 340 shares during the last quarter. Acrospire Investment Management LLC increased its holdings in Union Pacific by 33.3% during the second quarter. Acrospire Investment Management LLC now owns 1,200 shares of the railroad operator’s stock valued at $131,000 after buying an additional 300 shares during the last quarter. Community Bank N.A. increased its holdings in Union Pacific by 3.0% during the second quarter. Community Bank N.A. now owns 1,537 shares of the railroad operator’s stock valued at $168,000 after buying an additional 45 shares during the last quarter. Jacobi Capital Management LLC increased its holdings in Union Pacific by 6.6% during the second quarter. Jacobi Capital Management LLC now owns 1,705 shares of the railroad operator’s stock valued at $185,000 after buying an additional 105 shares during the last quarter. Finally, American National Bank increased its holdings in Union Pacific by 24.4% during the second quarter. American National Bank now owns 1,782 shares of the railroad operator’s stock valued at $194,000 after buying an additional 350 shares during the last quarter. 78.45% of the stock is owned by institutional investors and hedge funds.

Union Pacific Co. (NYSE:UNP) opened at $140.35 on Friday. The company has a debt-to-equity ratio of 0.83, a quick ratio of 0.97 and a current ratio of 1.16. Union Pacific Co. has a 12-month low of $101.06 and a 12-month high of $141.40. The firm has a market cap of $110,480.00, a price-to-earnings ratio of 24.84, a P/E/G ratio of 1.97 and a beta of 0.90.

Union Pacific (NYSE:UNP) last issued its 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 net margin of 21.84% and a return on equity of 23.35%. The firm had revenue of $5.41 billion during the quarter, compared to analyst estimates of $5.32 billion. During the same quarter in the prior year, the business earned $1.36 earnings per share. Union Pacific’s revenue for the quarter was up 4.5% on a year-over-year basis. analysts expect that Union Pacific Co. will post 5.78 EPS for the current year.

The business also recently announced a quarterly dividend, which was paid on Thursday, December 28th. Investors of record on Thursday, November 30th were given a dividend of $0.665 per share. This is a positive change from Union Pacific’s previous quarterly dividend of $0.61. The ex-dividend date was Wednesday, November 29th. This represents a $2.66 dividend on an annualized basis and a dividend yield of 1.90%. Union Pacific’s dividend payout ratio is currently 47.08%.

A number of research firms have weighed in on UNP. Zacks Investment Research lowered shares of Union Pacific from a “hold” rating to a “sell” rating in a research report on Saturday, January 6th. Daiwa Capital Markets upgraded shares of Union Pacific from a “hold” rating to an “outperform” rating in a research report on Thursday. JPMorgan Chase & Co. upped their price target on shares of Union Pacific from $106.00 to $113.00 and gave the stock a “neutral” rating in a research report on Thursday, October 12th. Wolfe Research upgraded shares of Union Pacific from a “market perform” rating to an “outperform” rating in a research report on Friday, January 5th. Finally, BMO Capital Markets reiterated a “buy” rating on shares of Union Pacific in a research report on Friday, October 20th. Four research analysts have rated the stock with a sell rating, thirteen have given a hold rating and seven have issued a buy rating to the stock. The stock currently has a consensus rating of “Hold” and a consensus price target of $121.21.

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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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