Northwestern Mutual Wealth Management Co. Has $76.28 Million Holdings in Union Pacific Corporation $UNP

Northwestern Mutual Wealth Management Co. raised its holdings in shares of Union Pacific Corporation (NYSE:UNP) by 1.9% during the 2nd quarter, HoldingsChannel reports. The fund owned 280,437 shares of the railroad operator’s stock after purchasing an additional 5,351 shares during the period. Northwestern Mutual Wealth Management Co.’s holdings in Union Pacific were worth $76,279,000 as of its most recent SEC filing.

A number of other large investors also recently made changes to their positions in the business. Tucker Asset Management LLC acquired a new stake in shares of Union Pacific during the fourth quarter worth approximately $25,000. SWAN Capital LLC increased its stake in Union Pacific by 2,575.0% in the 4th quarter. SWAN Capital LLC now owns 107 shares of the railroad operator’s stock valued at $25,000 after buying an additional 103 shares during the period. Cornerstone Financial Management LLC purchased a new stake in Union Pacific in the 4th quarter worth approximately $27,000. Scarborough Advisors LLC purchased a new stake in Union Pacific in the 1st quarter worth approximately $27,000. Finally, Merkkuri Wealth Advisors LLC acquired a new stake in shares of Union Pacific during the 1st quarter valued at $29,000. Institutional investors and hedge funds own 80.38% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts have recently weighed in on UNP shares. Robert W. Baird upped their price target on shares of Union Pacific from $311.00 to $344.00 and gave the stock an “outperform” rating in a research note on Monday, July 27th. Citigroup boosted their target price on Union Pacific from $326.00 to $349.00 and gave the company a “buy” rating in a research note on Friday, July 24th. TD Cowen reaffirmed a “buy” rating and issued a $325.00 target price (up from $282.00) on shares of Union Pacific in a research report on Friday, July 24th. Benchmark lifted their price target on Union Pacific from $325.00 to $335.00 and gave the company a “buy” rating in a report on Friday, July 24th. Finally, The Goldman Sachs Group set a $317.00 price target on shares of Union Pacific and gave the stock a “neutral” rating in a research note on Thursday, July 23rd. Two equities research analysts have rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and six have assigned a Hold rating to the company. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $320.89.

Union Pacific Trading Down 3.5%

Shares of UNP stock opened at $290.29 on Wednesday. Union Pacific Corporation has a 12 month low of $210.84 and a 12 month high of $315.99. The company has a market cap of $172.46 billion, a PE ratio of 23.51, a price-to-earnings-growth ratio of 2.99 and a beta of 0.96. The company has a quick ratio of 0.82, a current ratio of 0.99 and a debt-to-equity ratio of 1.40. The business’s 50 day moving average is $292.52 and its two-hundred day moving average is $270.39.

Union Pacific (NYSE:UNP) last posted its earnings results on Thursday, July 23rd. The railroad operator reported $3.41 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.26 by $0.15. Union Pacific had a net margin of 28.85% and a return on equity of 38.46%. The business had revenue of $6.86 billion for the quarter, compared to analyst estimates of $6.72 billion. During the same period last year, the business posted $3.03 EPS. Union Pacific’s revenue was up 11.5% compared to the same quarter last year. Equities analysts predict that Union Pacific Corporation will post 13.02 EPS for the current year.

Union Pacific Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, September 30th. Shareholders of record on Monday, August 31st will be issued a $1.42 dividend. This is an increase from Union Pacific’s previous quarterly dividend of $1.38. The ex-dividend date of this dividend is Monday, August 31st. This represents a $5.68 dividend on an annualized basis and a yield of 2.0%. Union Pacific’s payout ratio is 45.99%.

Union Pacific Profile

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.