Norinchukin Bank The Purchases 2,786 Shares of Union Pacific Corporation $UNP

Norinchukin Bank The lifted its position in Union Pacific Corporation (NYSE:UNPFree Report) by 12.0% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 26,066 shares of the railroad operator’s stock after buying an additional 2,786 shares during the quarter. Norinchukin Bank The’s holdings in Union Pacific were worth $6,158,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. Highline Wealth Partners LLC lifted its holdings in Union Pacific by 103.5% during the 1st quarter. Highline Wealth Partners LLC now owns 116 shares of the railroad operator’s stock valued at $27,000 after purchasing an additional 59 shares during the last quarter. Financial Gravity Asset Management Inc. acquired a new stake in Union Pacific during the 1st quarter valued at $32,000. Cornerstone Planning Group LLC lifted its holdings in Union Pacific by 50.5% during the 1st quarter. Cornerstone Planning Group LLC now owns 167 shares of the railroad operator’s stock valued at $37,000 after purchasing an additional 56 shares during the last quarter. IMA Advisory Services Inc. acquired a new stake in Union Pacific during the 1st quarter valued at $43,000. Finally, Y.D. More Investments Ltd acquired a new stake in Union Pacific during the 1st quarter valued at $55,000. 80.38% of the stock is owned by institutional investors.

Analysts Set New Price Targets

Several equities research analysts have issued reports on UNP shares. Argus downgraded Union Pacific from a “buy” rating to a “hold” rating in a report on Tuesday, August 12th. Bank of America lifted their target price on Union Pacific from $256.00 to $262.00 and gave the stock a “buy” rating in a report on Friday, May 16th. Raymond James Financial reissued a “strong-buy” rating on shares of Union Pacific in a report on Tuesday, July 15th. Baird R W raised Union Pacific to a “hold” rating in a report on Tuesday, July 1st. Finally, Royal Bank Of Canada lifted their target price on Union Pacific from $257.00 to $276.00 and gave the stock an “outperform” rating in a report on Wednesday, July 30th. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating, eleven have assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, Union Pacific has a consensus rating of “Moderate Buy” and an average target price of $258.21.

Get Our Latest Stock Analysis on UNP

Union Pacific Stock Down 0.2%

Shares of NYSE UNP opened at $225.1270 on Friday. The company has a debt-to-equity ratio of 1.86, a quick ratio of 0.53 and a current ratio of 0.65. Union Pacific Corporation has a 52 week low of $204.66 and a 52 week high of $258.07. The stock has a market capitalization of $133.51 billion, a P/E ratio of 19.56, a PEG ratio of 2.19 and a beta of 1.05. The stock’s fifty day moving average is $226.91 and its 200 day moving average is $228.91.

Union Pacific (NYSE:UNPGet Free Report) last released its earnings results on Thursday, July 24th. The railroad operator reported $3.03 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.84 by $0.19. Union Pacific had a return on equity of 41.73% and a net margin of 28.43%.The firm had revenue of $6.15 billion for the quarter, compared to analysts’ expectations of $6.09 billion. During the same quarter in the previous year, the business posted $2.74 earnings per share. The business’s revenue for the quarter was up 2.4% on a year-over-year basis. Sell-side analysts forecast that Union Pacific Corporation will post 11.99 earnings per share for the current fiscal year.

Union Pacific Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, September 30th. Stockholders of record on Friday, August 29th will be issued a dividend of $1.38 per share. This represents a $5.52 annualized dividend and a dividend yield of 2.5%. This is an increase from Union Pacific’s previous quarterly dividend of $1.34. The ex-dividend date is Friday, August 29th. Union Pacific’s dividend payout ratio (DPR) is presently 46.57%.

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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