Mitsubishi UFJ Trust & Banking Corp Increases Stake in Union Pacific Corporation $UNP

Mitsubishi UFJ Trust & Banking Corp increased its stake in Union Pacific Corporation (NYSE:UNP) by 156.1% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 765,933 shares of the railroad operator’s stock after buying an additional 466,887 shares during the period. Mitsubishi UFJ Trust & Banking Corp owned 0.13% of Union Pacific worth $181,044,000 at the end of the most recent reporting period.

Other large investors have also bought and sold shares of the company. Howard Hughes Medical Institute purchased a new position in shares of Union Pacific in the 2nd quarter valued at approximately $30,000. Financial Gravity Companies Inc. purchased a new stake in Union Pacific in the second quarter worth $31,000. Total Investment Management Inc. bought a new position in Union Pacific in the second quarter worth $31,000. Access Investment Management LLC purchased a new position in Union Pacific during the second quarter valued at $32,000. Finally, Sagard Holdings Management Inc. bought a new stake in shares of Union Pacific during the 2nd quarter valued at $33,000. 80.38% of the stock is owned by institutional investors.

Union Pacific Trading Down 0.7%

NYSE:UNP opened at $229.67 on Friday. The stock has a market cap of $136.23 billion, a price-to-earnings ratio of 19.51, a PEG ratio of 2.66 and a beta of 0.99. The company has a quick ratio of 0.60, a current ratio of 0.75 and a debt-to-equity ratio of 1.75. The company’s 50 day moving average price is $231.23 and its 200-day moving average price is $226.94. Union Pacific Corporation has a 52 week low of $204.66 and a 52 week high of $256.84.

Union Pacific (NYSE:UNP) last released its quarterly earnings data on Thursday, October 23rd. The railroad operator reported $3.08 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.99 by $0.09. The business had revenue of $6.24 billion for the quarter, compared to analysts’ expectations of $6.24 billion. Union Pacific had a return on equity of 42.23% and a net margin of 28.73%.The firm’s quarterly revenue was up 2.5% on a year-over-year basis. During the same period in the prior year, the firm posted $2.75 EPS. On average, equities research analysts forecast that Union Pacific Corporation will post 11.99 earnings per share for the current fiscal year.

Union Pacific Announces Dividend

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

Analyst Ratings Changes

UNP has been the subject of several research reports. UBS Group set a $253.00 price target on shares of Union Pacific and gave the stock a “neutral” rating in a research note on Friday, October 3rd. Weiss Ratings restated a “hold (c+)” rating on shares of Union Pacific in a report on Wednesday. The Goldman Sachs Group set a $263.00 target price on shares of Union Pacific and gave the company a “neutral” rating in a report on Thursday, October 23rd. Barclays reissued an “overweight” rating and issued a $285.00 price target (up from $270.00) on shares of Union Pacific in a research report on Tuesday, December 16th. Finally, Deutsche Bank Aktiengesellschaft set a $245.00 price objective on Union Pacific in a research report on Thursday, December 11th. One research analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating and eleven have assigned a Hold rating to the stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $258.18.

Union Pacific Company 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.