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

Caisse DE Depot ET Placement DU Quebec lowered its position in shares of Union Pacific Co. (NYSE:UNP) by 60.8% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. 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.

A number of other large investors also recently added to or reduced their stakes in the business. Eventide Asset Management LLC boosted its position in shares of Union Pacific by 55.1% in the 3rd quarter. Eventide Asset Management LLC now owns 10,295 shares of the railroad operator’s stock worth $2,538,000 after purchasing an additional 3,658 shares during the last quarter. Rockefeller Capital Management L.P. increased its position in shares of Union Pacific by 4.1% in the 3rd quarter. Rockefeller Capital Management L.P. now owns 347,965 shares of the railroad operator’s stock valued at $85,766,000 after buying an additional 13,787 shares in the last quarter. Centric Wealth Management raised its stake in Union Pacific by 2.3% during the 3rd quarter. Centric Wealth Management now owns 11,199 shares of the railroad operator’s stock worth $2,783,000 after buying an additional 254 shares during the period. Isthmus Partners LLC bought a new position in Union Pacific during the third quarter worth about $953,000. Finally, Hantz Financial Services Inc. increased its holdings in shares of Union Pacific by 1.3% in the third quarter. Hantz Financial Services Inc. now owns 62,891 shares of the railroad operator’s stock worth $15,501,000 after acquiring an additional 834 shares in the last quarter. 80.38% of the stock is currently owned by institutional investors and hedge funds.

Union Pacific Stock Down 0.2 %

UNP stock opened at $244.66 on Monday. Union Pacific Co. has a 1-year low of $218.55 and a 1-year high of $258.66. The business’s 50 day simple moving average is $240.12 and its 200 day simple moving average is $238.45. The company has a current ratio of 0.77, a quick ratio of 0.63 and a debt-to-equity ratio of 1.79. The firm has a market capitalization of $148.33 billion, a PE ratio of 22.47, a PEG ratio of 2.42 and a beta of 1.06.

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

Union Pacific Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, December 30th. Stockholders 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 dividend yield of 2.19%. Union Pacific’s dividend payout ratio (DPR) is currently 49.22%.

Analysts Set New Price Targets

Several equities analysts recently issued reports on UNP shares. Wells Fargo & Company decreased their price objective on Union Pacific from $270.00 to $255.00 and set an “overweight” rating for the company in a research report on Friday, October 25th. JPMorgan Chase & Co. lowered their price objective on shares of Union Pacific from $263.00 to $252.00 and set a “neutral” rating for the company in a research report on Friday, October 25th. Royal Bank of Canada reduced their target price on shares of Union Pacific from $288.00 to $283.00 and set an “outperform” rating for the company in a research note on Friday, October 25th. StockNews.com downgraded Union Pacific from a “buy” rating to a “hold” rating in a research note on Tuesday, October 1st. Finally, TD Cowen decreased their price objective on Union Pacific from $255.00 to $252.00 and set a “buy” rating for the company in a report on Friday, October 25th. Nine research analysts have rated the stock with a hold rating, eleven have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat, Union Pacific presently has an average rating of “Moderate Buy” and an average target price of $259.80.

About Union Pacific

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.