Candriam Luxembourg S.C.A. increased its holdings in shares of Union Pacific Co. (NYSE:UNP) by 19.8% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 148,374 shares of the railroad operator’s stock after acquiring an additional 24,564 shares during the period. Candriam Luxembourg S.C.A.’s holdings in Union Pacific were worth $24,159,000 as of its most recent SEC filing.

Other hedge funds have also made changes to their positions in the company. Landaas & Co. WI ADV purchased a new position in shares of Union Pacific in the 2nd quarter worth about $133,000. grace capital purchased a new position in shares of Union Pacific in the 2nd quarter worth about $142,000. Exane Derivatives raised its holdings in shares of Union Pacific by 85.1% in the 2nd quarter. Exane Derivatives now owns 1,096 shares of the railroad operator’s stock worth $155,000 after purchasing an additional 504 shares during the period. Brand Asset Management Group Inc. acquired a new stake in shares of Union Pacific in the second quarter valued at about $169,000. Finally, Townsend & Associates Inc grew its stake in shares of Union Pacific by 196.9% in the second quarter. Townsend & Associates Inc now owns 1,253 shares of the railroad operator’s stock valued at $177,000 after buying an additional 831 shares in the last quarter. 79.42% of the stock is currently owned by hedge funds and other institutional investors.

Union Pacific stock traded down $4.23 during mid-day trading on Friday, hitting $147.45. 5,287,015 shares of the company’s stock traded hands, compared to its average volume of 3,821,115. The company has a debt-to-equity ratio of 1.01, a current ratio of 1.06 and a quick ratio of 0.89. The company has a market capitalization of $111.76 billion, a P/E ratio of 25.47, a PEG ratio of 1.81 and a beta of 0.94. Union Pacific Co. has a one year low of $121.22 and a one year high of $165.63.

Union Pacific (NYSE:UNP) last announced its earnings results on Thursday, October 25th. The railroad operator reported $2.15 earnings per share for the quarter, beating the consensus estimate of $2.10 by $0.05. Union Pacific had a return on equity of 25.02% and a net margin of 51.90%. The firm had revenue of $5.93 billion for the quarter, compared to the consensus estimate of $5.88 billion. During the same quarter in the previous year, the business earned $1.50 EPS. On average, research analysts expect that Union Pacific Co. will post 7.85 earnings per share for the current fiscal year.

The company also recently disclosed a quarterly dividend, which will be paid on Friday, December 28th. Stockholders of record on Friday, November 30th will be paid a $0.80 dividend. This represents a $3.20 dividend on an annualized basis and a dividend yield of 2.17%. The ex-dividend date of this dividend is Thursday, November 29th. Union Pacific’s dividend payout ratio is presently 55.27%.

A number of equities research analysts have recently issued reports on the company. TD Securities lowered Union Pacific from a “buy” rating to a “hold” rating and lowered their target price for the company from $170.00 to $160.00 in a research note on Friday, October 26th. Bank of America raised their price objective on Union Pacific from $158.00 to $166.00 and gave the company a “buy” rating in a research note on Thursday, August 16th. Zacks Investment Research upgraded Union Pacific from a “hold” rating to a “buy” rating and set a $176.00 price objective for the company in a research note on Wednesday, September 19th. Wolfe Research set a $185.00 price objective on Union Pacific and gave the company a “buy” rating in a research note on Tuesday, September 18th. Finally, Loop Capital upgraded Union Pacific from a “hold” rating to a “buy” rating in a research note on Tuesday, September 18th. One research analyst has rated the stock with a sell rating, seven have assigned a hold rating and thirteen have assigned a buy rating to the company. Union Pacific has a consensus rating of “Buy” and a consensus price target of $165.24.

In other news, EVP Robert M. Knight, Jr. sold 20,000 shares of the business’s stock in a transaction on Monday, September 24th. The stock was sold at an average price of $163.81, for a total value of $3,276,200.00. Following the sale, the executive vice president now owns 106,518 shares of the company’s stock, valued at approximately $17,448,713.58. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 0.20% of the stock is currently owned by insiders.

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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.

Further Reading: Average Daily Trade Volume Explained

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

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