Union Pacific Co. (NYSE:UNP) Shares Sold by Dai ichi Life Insurance Company Ltd

Dai ichi Life Insurance Company Ltd lowered its stake in shares of Union Pacific Co. (NYSE:UNPFree Report) by 30.5% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 27,690 shares of the railroad operator’s stock after selling 12,166 shares during the quarter. Dai ichi Life Insurance Company Ltd’s holdings in Union Pacific were worth $6,801,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently modified their holdings of the company. Desjardins Global Asset Management Inc. increased its position in Union Pacific by 1.4% during the 4th quarter. Desjardins Global Asset Management Inc. now owns 3,000 shares of the railroad operator’s stock worth $737,000 after purchasing an additional 41 shares in the last quarter. Twin Capital Management Inc. increased its position in Union Pacific by 3.0% during the 4th quarter. Twin Capital Management Inc. now owns 1,394 shares of the railroad operator’s stock worth $342,000 after purchasing an additional 41 shares in the last quarter. Sunburst Financial Group LLC increased its position in Union Pacific by 1.8% during the 4th quarter. Sunburst Financial Group LLC now owns 2,393 shares of the railroad operator’s stock worth $588,000 after purchasing an additional 42 shares in the last quarter. Mission Wealth Management LP increased its position in Union Pacific by 0.5% during the 4th quarter. Mission Wealth Management LP now owns 7,838 shares of the railroad operator’s stock worth $1,925,000 after purchasing an additional 42 shares in the last quarter. Finally, Berkeley Capital Partners LLC increased its position in Union Pacific by 1.0% during the 4th quarter. Berkeley Capital Partners LLC now owns 4,100 shares of the railroad operator’s stock worth $1,007,000 after purchasing an additional 42 shares in the last quarter. Institutional investors and hedge funds own 80.38% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts have weighed in on the company. Royal Bank of Canada decreased their price target on Union Pacific from $282.00 to $272.00 and set an “outperform” rating for the company in a report on Friday, January 26th. Evercore ISI upped their price target on Union Pacific from $271.00 to $273.00 and gave the stock an “outperform” rating in a report on Friday, April 26th. Morgan Stanley upped their price target on Union Pacific from $198.00 to $210.00 and gave the stock an “equal weight” rating in a report on Friday, April 26th. Jefferies Financial Group started coverage on Union Pacific in a report on Monday, April 8th. They issued a “hold” rating and a $250.00 price target for the company. Finally, UBS Group increased their target price on Union Pacific from $235.00 to $248.00 and gave the company a “neutral” rating in a research note on Friday, January 26th. Six research analysts have rated the stock with a hold rating, fourteen have assigned a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $259.61.

Get Our Latest Analysis on UNP

Union Pacific Stock Performance

Shares of UNP traded down $0.10 during trading hours on Wednesday, reaching $234.86. 1,167,839 shares of the company’s stock traded hands, compared to its average volume of 2,221,731. The business’s fifty day simple moving average is $241.01 and its two-hundred day simple moving average is $239.46. The firm has a market capitalization of $143.29 billion, a price-to-earnings ratio of 22.43, a P/E/G ratio of 2.58 and a beta of 1.06. Union Pacific Co. has a twelve month low of $190.71 and a twelve month high of $258.66. The company has a debt-to-equity ratio of 1.99, a current ratio of 0.93 and a quick ratio of 0.76.

Union Pacific (NYSE:UNPGet Free Report) last released its earnings results on Thursday, April 25th. The railroad operator reported $2.69 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.50 by $0.19. The firm had revenue of $6.03 billion for the quarter, compared to analyst estimates of $5.97 billion. Union Pacific had a return on equity of 44.34% and a net margin of 26.52%. Union Pacific’s revenue was down .4% compared to the same quarter last year. During the same period in the previous year, the company earned $2.67 earnings per share. Analysts predict that Union Pacific Co. will post 11.25 earnings per share for the current year.

Union Pacific Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, June 28th. Investors of record on Friday, May 31st will be given a $1.30 dividend. The ex-dividend date is Friday, May 31st. This represents a $5.20 dividend on an annualized basis and a dividend yield of 2.21%. Union Pacific’s dividend payout ratio (DPR) is 49.62%.

Union Pacific Company Profile

(Free Report)

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.

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

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