Alliancebernstein L.P. decreased its position in Union Pacific Corporation (NYSE:UNP) by 30.2% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 3,126,002 shares of the railroad operator’s stock after selling 1,354,123 shares during the period. Alliancebernstein L.P. owned 0.39% of Union Pacific Corporation worth $340,453,000 at the end of the most recent quarter.

Other institutional investors have also recently bought and sold shares of the company. Advantage Investment Management LLC lifted its stake in Union Pacific Corporation by 263.7% in the first quarter. Advantage Investment Management LLC now owns 953 shares of the railroad operator’s stock valued at $101,000 after buying an additional 691 shares during the period. Mark Sheptoff Financial Planning LLC lifted its stake in Union Pacific Corporation by 96.3% in the first quarter. Mark Sheptoff Financial Planning LLC now owns 1,021 shares of the railroad operator’s stock valued at $108,000 after buying an additional 501 shares during the period. Proficio Capital Partners LLC lifted its stake in Union Pacific Corporation by 36.3% in the first quarter. Proficio Capital Partners LLC now owns 1,028 shares of the railroad operator’s stock valued at $111,000 after buying an additional 274 shares during the period. Mitsubishi UFJ Securities Holdings Co. Ltd. lifted its stake in Union Pacific Corporation by 46.6% in the second quarter. Mitsubishi UFJ Securities Holdings Co. Ltd. now owns 1,070 shares of the railroad operator’s stock valued at $117,000 after buying an additional 340 shares during the period. Finally, SRS Capital Advisors Inc. lifted its stake in Union Pacific Corporation by 147.2% in the first quarter. SRS Capital Advisors Inc. now owns 1,152 shares of the railroad operator’s stock valued at $122,000 after buying an additional 686 shares during the period. Institutional investors and hedge funds own 79.66% of the company’s stock.

Shares of Union Pacific Corporation (NYSE:UNP) opened at $115.63 on Friday. Union Pacific Corporation has a 1 year low of $98.60 and a 1 year high of $119.71. The stock has a market capitalization of $91,760.00, a P/E ratio of 20.53, a P/E/G ratio of 1.88 and a beta of 0.87. The company has a debt-to-equity ratio of 0.83, a current ratio of 1.16 and a quick ratio of 0.97.

Union Pacific Corporation (NYSE:UNP) last announced its earnings results on Thursday, October 26th. The railroad operator reported $1.50 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $1.49 by $0.01. The business had revenue of $5.41 billion for the quarter, compared to analyst estimates of $5.32 billion. Union Pacific Corporation had a return on equity of 23.35% and a net margin of 21.84%. Union Pacific Corporation’s revenue for the quarter was up 4.5% compared to the same quarter last year. During the same quarter last year, the firm earned $1.36 EPS. equities analysts expect that Union Pacific Corporation will post 5.78 earnings per share for the current year.

The business also recently declared a quarterly dividend, which will be paid on Thursday, December 28th. Shareholders of record on Thursday, November 30th will be paid a $0.665 dividend. This represents a $2.66 dividend on an annualized basis and a yield of 2.30%. This is an increase from Union Pacific Corporation’s previous quarterly dividend of $0.61. The ex-dividend date is Wednesday, November 29th. Union Pacific Corporation’s dividend payout ratio (DPR) is currently 42.83%.

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Several equities analysts have weighed in on UNP shares. Zacks Investment Research lowered Union Pacific Corporation from a “buy” rating to a “hold” rating in a research note on Monday, July 24th. Aegis lowered Union Pacific Corporation from a “buy” rating to a “hold” rating and increased their target price for the company from $120.00 to $122.00 in a research note on Tuesday, October 10th. Morgan Stanley increased their target price on Union Pacific Corporation from $100.00 to $104.00 and gave the company an “equal weight” rating in a research note on Tuesday, October 31st. Off Wall Street started coverage on Union Pacific Corporation in a research note on Tuesday, October 17th. They issued a “sell” rating on the stock. Finally, BMO Capital Markets increased their target price on Union Pacific Corporation from $123.00 to $127.00 and gave the company an “outperform” rating in a research note on Friday, October 27th. Four investment analysts have rated the stock with a sell rating, sixteen have issued a hold rating and four have issued a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and a consensus target price of $117.59.

About Union Pacific Corporation

Union Pacific Corporation is a railroad operating company in the United States. The Company operates through its principal operating company, Union Pacific Railroad Company (UPRR). Its business mix includes Agricultural Products, Automotive, Chemicals, Coal, Industrial Products and Intermodal. Its freight traffic consists of bulk, manifest, and premium business.

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

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