BROOKFIELD Corp ON Invests $146.20 Million in Union Pacific Co. (NYSE:UNP)

BROOKFIELD Corp ON acquired a new stake in shares of Union Pacific Co. (NYSE:UNP - Free Report) during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 641,124 shares of the railroad operator's stock, valued at approximately $146,202,000. Union Pacific makes up 0.9% of BROOKFIELD Corp ON's investment portfolio, making the stock its 18th biggest position. BROOKFIELD Corp ON owned about 0.11% of Union Pacific at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Allred Capital Management LLC raised its holdings in Union Pacific by 0.5% during the 4th quarter. Allred Capital Management LLC now owns 8,349 shares of the railroad operator's stock valued at $1,904,000 after buying an additional 40 shares during the last quarter. Palogic Value Management L.P. increased its position in shares of Union Pacific by 1.5% in the fourth quarter. Palogic Value Management L.P. now owns 2,823 shares of the railroad operator's stock valued at $644,000 after acquiring an additional 42 shares during the period. Roble Belko & Company Inc raised its stake in shares of Union Pacific by 26.8% during the fourth quarter. Roble Belko & Company Inc now owns 213 shares of the railroad operator's stock valued at $49,000 after acquiring an additional 45 shares during the last quarter. Pflug Koory LLC boosted its holdings in shares of Union Pacific by 0.5% during the fourth quarter. Pflug Koory LLC now owns 8,569 shares of the railroad operator's stock worth $1,954,000 after purchasing an additional 45 shares during the period. Finally, Baron Wealth Management LLC grew its stake in shares of Union Pacific by 3.3% in the fourth quarter. Baron Wealth Management LLC now owns 1,409 shares of the railroad operator's stock worth $321,000 after purchasing an additional 45 shares during the last quarter. Institutional investors own 80.38% of the company's stock.

Analyst Upgrades and Downgrades

A number of research firms have commented on UNP. Loop Capital lowered Union Pacific from a "hold" rating to a "sell" rating and lowered their price target for the company from $265.00 to $200.00 in a research report on Monday, February 3rd. BMO Capital Markets lifted their price target on shares of Union Pacific from $275.00 to $277.00 and gave the company an "outperform" rating in a report on Friday, January 24th. Susquehanna decreased their price objective on shares of Union Pacific from $255.00 to $245.00 and set a "neutral" rating for the company in a report on Friday, April 25th. Deutsche Bank Aktiengesellschaft initiated coverage on shares of Union Pacific in a research note on Friday, March 7th. They set a "buy" rating and a $295.00 target price on the stock. Finally, UBS Group decreased their price target on shares of Union Pacific from $255.00 to $245.00 and set a "neutral" rating for the company in a research note on Wednesday, April 2nd. One research analyst has rated the stock with a sell rating, six have given a hold rating, fifteen have issued a buy rating and one has issued a strong buy rating to the company's stock. According to data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and an average price target of $257.86.

Union Pacific Stock Performance

Shares of UNP traded down $0.64 during trading hours on Friday, hitting $216.20. The stock had a trading volume of 2,172,909 shares, compared to its average volume of 2,612,947. The firm has a market capitalization of $129.17 billion, a PE ratio of 19.50, a PEG ratio of 2.15 and a beta of 1.07. The company has a debt-to-equity ratio of 1.76, a current ratio of 0.77 and a quick ratio of 0.62. Union Pacific Co. has a 12 month low of $204.66 and a 12 month high of $258.07. The stock has a fifty day moving average price of $225.66 and a 200 day moving average price of $233.73.

Union Pacific (NYSE:UNP - Get Free Report) last released its quarterly earnings results on Thursday, April 24th. The railroad operator reported $2.70 EPS for the quarter, missing the consensus estimate of $2.73 by ($0.03). The business had revenue of $6.03 billion for the quarter, compared to analysts' expectations of $6.11 billion. Union Pacific had a net margin of 27.82% and a return on equity of 41.12%. Union Pacific's revenue for the quarter was down .1% compared to the same quarter last year. During the same period in the previous year, the company earned $2.69 EPS. Analysts anticipate that Union Pacific Co. will post 11.99 EPS for the current year.

Union Pacific Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, June 30th. Stockholders of record on Friday, May 30th will be given a dividend of $1.34 per share. This represents a $5.36 dividend on an annualized basis and a dividend yield of 2.48%. The ex-dividend date of this dividend is Friday, May 30th. Union Pacific's payout ratio is 48.29%.

About Union Pacific

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.