British Airways Pensions Investment Management Ltd Acquires 33,683 Shares of Union Pacific Co. (UNP)

British Airways Pensions Investment Management Ltd raised its holdings in Union Pacific Co. (NYSE:UNP) by 65.3% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 85,235 shares of the railroad operator’s stock after purchasing an additional 33,683 shares during the period. British Airways Pensions Investment Management Ltd’s holdings in Union Pacific were worth $13,876,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in UNP. Janus Henderson Group PLC lifted its holdings in shares of Union Pacific by 55.7% in the second quarter. Janus Henderson Group PLC now owns 5,526,282 shares of the railroad operator’s stock valued at $782,980,000 after purchasing an additional 1,977,446 shares in the last quarter. OppenheimerFunds Inc. lifted its holdings in shares of Union Pacific by 13,209.2% in the second quarter. OppenheimerFunds Inc. now owns 1,922,773 shares of the railroad operator’s stock valued at $272,420,000 after purchasing an additional 1,908,326 shares in the last quarter. Bank of Montreal Can purchased a new position in shares of Union Pacific during the second quarter valued at approximately $192,080,000. Fred Alger Management Inc. lifted its stake in shares of Union Pacific by 89.6% during the second quarter. Fred Alger Management Inc. now owns 2,791,161 shares of the railroad operator’s stock valued at $395,452,000 after buying an additional 1,319,274 shares during the period. Finally, Robeco Institutional Asset Management B.V. purchased a new position in shares of Union Pacific during the third quarter valued at approximately $168,658,000. 80.80% of the stock is currently owned by institutional investors.

In related news, EVP Lynden L. Tennison sold 8,450 shares of the company’s stock in a transaction that occurred on Tuesday, August 28th. The shares were sold at an average price of $151.72, for a total transaction of $1,282,034.00. Following the completion of the transaction, the executive vice president now owns 53,978 shares of the company’s stock, valued at $8,189,542.16. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Robert M. Knight, Jr. sold 20,000 shares of the company’s stock in a transaction that occurred on Monday, September 24th. The stock was sold at an average price of $163.81, for a total transaction of $3,276,200.00. Following the transaction, the executive vice president now directly owns 106,518 shares of the company’s stock, valued at approximately $17,448,713.58. The disclosure for this sale can be found here. Corporate insiders own 0.20% of the company’s stock.

Shares of UNP stock opened at $152.39 on Friday. Union Pacific Co. has a one year low of $115.16 and a one year high of $165.63. The company has a quick ratio of 0.89, a current ratio of 1.06 and a debt-to-equity ratio of 1.01. The company has a market cap of $110.64 billion, a P/E ratio of 26.32, a P/E/G ratio of 1.79 and a beta of 0.95.

Union Pacific (NYSE:UNP) last issued its quarterly earnings results on Thursday, October 25th. The railroad operator reported $2.15 EPS for the quarter, topping the consensus estimate of $2.10 by $0.05. Union Pacific had a net margin of 51.90% and a return on equity of 25.02%. The firm had revenue of $5.93 billion during the quarter, compared to analyst estimates of $5.88 billion. During the same quarter in the prior year, the business posted $1.50 earnings per share. Research analysts anticipate that Union Pacific Co. will post 7.84 EPS for the current year.

Several equities analysts recently issued reports on UNP shares. Loop Capital raised shares of Union Pacific from a “hold” rating to a “buy” rating in a research note on Tuesday, September 18th. ValuEngine raised shares of Union Pacific from a “hold” rating to a “buy” rating in a research note on Thursday, August 2nd. Bank of America upped their price objective on shares of Union Pacific from $158.00 to $166.00 and gave the company a “buy” rating in a research note on Thursday, August 16th. UBS Group upped their price objective on shares of Union Pacific from $160.00 to $161.00 and gave the company a “buy” rating in a research note on Friday, July 20th. Finally, Zacks Investment Research raised shares of Union Pacific from a “hold” rating to a “buy” rating and set a $155.00 price objective on the stock in a research note on Wednesday, July 18th. Two analysts have rated the stock with a sell rating, eight have assigned a hold rating and twelve have assigned a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and a consensus price target of $161.44.

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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.

See Also: Price to Earnings Ratio (PE) Basics

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

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