Tema Etfs LLC Makes New Investment in Union Pacific Corporation $UNP

by · The Markets Daily

Tema Etfs LLC acquired a new stake in Union Pacific Corporation (NYSE:UNP – Free Report) during the third quarter, Holdings Channel reports. The fund acquired 9,930 shares of the railroad operator’s stock, valued at approximately $2,347,000.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Envestnet Portfolio Solutions Inc. increased its holdings in Union Pacific by 10.6% in the 2nd quarter. Envestnet Portfolio Solutions Inc. now owns 93,337 shares of the railroad operator’s stock valued at $21,475,000 after purchasing an additional 8,925 shares in the last quarter. Commerzbank Aktiengesellschaft FI boosted its position in shares of Union Pacific by 26.4% in the second quarter. Commerzbank Aktiengesellschaft FI now owns 23,875 shares of the railroad operator’s stock worth $5,494,000 after buying an additional 4,980 shares during the period. Union Bancaire Privee UBP SA grew its stake in shares of Union Pacific by 9.8% in the third quarter. Union Bancaire Privee UBP SA now owns 52,849 shares of the railroad operator’s stock valued at $12,492,000 after buying an additional 4,707 shares in the last quarter. CX Institutional raised its holdings in shares of Union Pacific by 39.8% during the 3rd quarter. CX Institutional now owns 65,826 shares of the railroad operator’s stock valued at $15,559,000 after buying an additional 18,742 shares during the period. Finally, SCS Capital Management LLC lifted its position in Union Pacific by 165.2% during the 2nd quarter. SCS Capital Management LLC now owns 34,808 shares of the railroad operator’s stock worth $8,009,000 after acquiring an additional 21,685 shares in the last quarter. Institutional investors and hedge funds own 80.38% of the company’s stock.

Union Pacific Trading Up 0.5%

NYSE UNP opened at $229.55 on Tuesday. The company has a debt-to-equity ratio of 1.75, a quick ratio of 0.60 and a current ratio of 0.75. The company has a 50-day simple moving average of $229.96 and a 200-day simple moving average of $227.21. Union Pacific Corporation has a one year low of $204.66 and a one year high of $256.84. The firm has a market capitalization of $136.16 billion, a PE ratio of 19.50, a price-to-earnings-growth ratio of 2.60 and a beta of 0.99.

Union Pacific (NYSE:UNP – Get Free Report) last issued its earnings results on Thursday, October 23rd. The railroad operator reported $3.08 EPS for the quarter, beating analysts’ consensus estimates of $2.99 by $0.09. The company had revenue of $6.24 billion during the quarter, compared to the consensus estimate of $6.24 billion. Union Pacific had a return on equity of 42.23% and a net margin of 28.73%.Union Pacific’s quarterly revenue was up 2.5% compared to the same quarter last year. During the same period in the previous year, the firm posted $2.75 earnings per share. On average, equities analysts forecast that Union Pacific Corporation will post 11.99 earnings per share for the current year.

Union Pacific Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, December 30th. Investors of record on Friday, December 5th were paid a dividend of $1.38 per share. This represents a $5.52 dividend on an annualized basis and a yield of 2.4%. The ex-dividend date was Friday, December 5th. Union Pacific’s dividend payout ratio is presently 46.90%.

Analyst Ratings Changes

Several research firms recently issued reports on UNP. JPMorgan Chase & Co. lifted their price target on shares of Union Pacific from $267.00 to $270.00 and gave the stock a “neutral” rating in a research note on Monday. UBS Group set a $253.00 target price on Union Pacific and gave the stock a “neutral” rating in a research report on Friday, October 3rd. Weiss Ratings reissued a “hold (c+)” rating on shares of Union Pacific in a report on Wednesday, October 8th. BMO Capital Markets set a $255.00 price objective on Union Pacific in a research note on Wednesday, January 7th. Finally, Royal Bank Of Canada set a $280.00 target price on Union Pacific in a research report on Thursday, December 18th. One investment analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and twelve have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $259.58.

Get Our Latest Research Report on UNP

About Union Pacific

(Free Report)

Union Pacific Corporation (NYSE: UNP) is one of the largest freight railroad companies in the United States. Its principal operating subsidiary, Union Pacific Railroad, has roots that trace back to the Pacific Railway Act of 1862 and the construction of the first transcontinental rail link completed in 1869. The company is headquartered in Omaha, Nebraska, and operates as a holding company for rail transportation and related services.

Union Pacific’s core business is the movement of freight by rail across an extensive rail network serving the western two‑thirds of the United States.

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