Hilltop Holdings Inc. Has $9.99 Million Holdings in Union Pacific Co. (NYSE:UNP)

Hilltop Holdings Inc. lifted its stake in shares of Union Pacific Co. (NYSE:UNP) by 345.9% in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 40,523 shares of the railroad operator’s stock after buying an additional 31,435 shares during the quarter. Union Pacific comprises approximately 0.6% of Hilltop Holdings Inc.’s investment portfolio, making the stock its 21st largest holding. Hilltop Holdings Inc.’s holdings in Union Pacific were worth $9,988,000 as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of the stock. Marshall Wace LLP raised its position in shares of Union Pacific by 272.3% during the second quarter. Marshall Wace LLP now owns 1,678,108 shares of the railroad operator’s stock worth $379,689,000 after purchasing an additional 1,227,318 shares during the period. International Assets Investment Management LLC raised its holdings in Union Pacific by 19,878.6% during the third quarter. International Assets Investment Management LLC now owns 896,040 shares of the railroad operator’s stock worth $220,856,000 after buying an additional 891,555 shares during the last quarter. Impax Asset Management Group plc lifted its stake in shares of Union Pacific by 2,025.4% in the third quarter. Impax Asset Management Group plc now owns 546,236 shares of the railroad operator’s stock valued at $134,636,000 after buying an additional 520,536 shares in the last quarter. Jennison Associates LLC grew its holdings in shares of Union Pacific by 170.9% during the third quarter. Jennison Associates LLC now owns 736,246 shares of the railroad operator’s stock valued at $181,470,000 after buying an additional 464,477 shares during the last quarter. Finally, Bridges Investment Management Inc. increased its position in shares of Union Pacific by 186.4% during the second quarter. Bridges Investment Management Inc. now owns 704,769 shares of the railroad operator’s stock worth $159,461,000 after acquiring an additional 458,664 shares in the last quarter. Institutional investors own 80.38% of the company’s stock.

Union Pacific Stock Down 0.2 %

Union Pacific stock opened at $244.66 on Monday. The firm has a market capitalization of $148.33 billion, a price-to-earnings ratio of 22.47, a P/E/G ratio of 2.42 and a beta of 1.06. The firm has a 50 day simple moving average of $240.12 and a 200 day simple moving average 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 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 quarterly earnings data on Thursday, October 24th. The railroad operator reported $2.75 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.78 by ($0.03). Union Pacific had a return on equity of 41.79% and a net margin of 27.33%. The company had revenue of $6.09 billion for the quarter, compared to analysts’ expectations of $6.14 billion. During the same period last year, the company posted $2.51 EPS. The business’s revenue for the quarter was up 2.5% on a year-over-year basis. On average, analysts predict that Union Pacific Co. will post 10.94 earnings per share for the current year.

Union Pacific Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, December 30th. Shareholders of record on Monday, December 9th will be issued a $1.34 dividend. This represents a $5.36 annualized dividend and a yield of 2.19%. The ex-dividend date is Monday, December 9th. Union Pacific’s payout ratio is 49.22%.

Analysts Set New Price Targets

A number of equities analysts have issued reports on the company. Susquehanna cut their price target on Union Pacific from $260.00 to $255.00 and set a “neutral” rating for the company in a research note on Friday, October 25th. Evercore ISI downgraded Union Pacific from an “outperform” rating to an “inline” rating and decreased their price target for the stock from $254.00 to $247.00 in a report on Wednesday, September 25th. StockNews.com cut Union Pacific from a “buy” rating to a “hold” rating in a research note on Tuesday, October 1st. Wells Fargo & Company reduced their target price on shares of Union Pacific from $270.00 to $255.00 and set an “overweight” rating for the company in a research note on Friday, October 25th. Finally, Raymond James boosted their price target on shares of Union Pacific from $265.00 to $275.00 and gave the stock a “strong-buy” rating in a report on Monday, October 14th. Nine research analysts have rated the stock with a hold rating, eleven have assigned a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat.com, Union Pacific currently has a consensus rating of “Moderate Buy” and a consensus target price of $259.80.

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.