Pinnacle Associates Ltd. decreased its position in Union Pacific Co. (NYSE:UNP) by 0.6% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 67,836 shares of the railroad operator’s stock after selling 438 shares during the quarter. Pinnacle Associates Ltd.’s holdings in Union Pacific were worth $7,867,000 at the end of the most recent quarter.

A number of other large investors have also recently modified their holdings of the business. Mitsubishi UFJ Securities Holdings Co. Ltd. grew its position in shares of Union Pacific by 46.6% during the second quarter. Mitsubishi UFJ Securities Holdings Co. Ltd. now owns 1,070 shares of the railroad operator’s stock worth $117,000 after buying an additional 340 shares in the last quarter. Acrospire Investment Management LLC grew its position in shares of Union Pacific by 33.3% during the second quarter. Acrospire Investment Management LLC now owns 1,200 shares of the railroad operator’s stock worth $131,000 after buying an additional 300 shares in the last quarter. Community Bank N.A. grew its position in shares of Union Pacific by 3.0% during the second quarter. Community Bank N.A. now owns 1,537 shares of the railroad operator’s stock worth $168,000 after buying an additional 45 shares in the last quarter. Jacobi Capital Management LLC grew its position in shares of Union Pacific by 6.6% during the second quarter. Jacobi Capital Management LLC now owns 1,705 shares of the railroad operator’s stock worth $185,000 after buying an additional 105 shares in the last quarter. Finally, Yorkville Capital Management LLC acquired a new stake in shares of Union Pacific during the second quarter worth approximately $202,000. 78.56% of the stock is owned by institutional investors.

Shares of Union Pacific Co. (NYSE:UNP) opened at $141.97 on Tuesday. The company has a quick ratio of 0.97, a current ratio of 1.16 and a debt-to-equity ratio of 0.83. The stock has a market capitalization of $111,750.00, a price-to-earnings ratio of 25.13, a price-to-earnings-growth ratio of 1.87 and a beta of 0.90. Union Pacific Co. has a one year low of $101.06 and a one year high of $142.19.

Union Pacific (NYSE:UNP) last posted its earnings results on Thursday, October 26th. The railroad operator reported $1.50 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.49 by $0.01. The company had revenue of $5.41 billion for the quarter, compared to analysts’ expectations of $5.32 billion. Union Pacific had a return on equity of 23.35% and a net margin of 21.84%. The firm’s quarterly revenue was up 4.5% compared to the same quarter last year. During the same period last year, the business posted $1.36 earnings per share. equities research analysts anticipate that Union Pacific Co. will post 5.79 EPS for the current fiscal year.

The business also recently announced a quarterly dividend, which was paid on Thursday, December 28th. Shareholders of record on Thursday, November 30th were paid a $0.665 dividend. This represents a $2.66 dividend on an annualized basis and a yield of 1.87%. This is a boost from Union Pacific’s previous quarterly dividend of $0.61. The ex-dividend date of this dividend was Wednesday, November 29th. Union Pacific’s dividend payout ratio (DPR) is presently 47.08%.

A number of research firms have recently weighed in on UNP. Zacks Investment Research raised shares of Union Pacific from a “hold” rating to a “buy” rating and set a $157.00 price target for the company in a research report on Monday, January 15th. Scotiabank set a $150.00 price target on shares of Union Pacific and gave the stock a “hold” rating in a research report on Thursday, January 11th. Daiwa Capital Markets raised shares of Union Pacific from a “hold” rating to an “outperform” rating in a research report on Thursday, January 11th. BMO Capital Markets reissued a “buy” rating and set a $150.00 price target on shares of Union Pacific in a research report on Monday, January 8th. Finally, UBS Group upgraded Union Pacific from a “neutral” rating to a “buy” rating in a research note on Friday, January 5th. Three research analysts have rated the stock with a sell rating, thirteen have given a hold rating and eight have given a buy rating to the stock. Union Pacific currently has a consensus rating of “Hold” and a consensus target price of $125.16.

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About Union Pacific

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 (NYSE:UNP)

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