DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main Sells 3,059,010 Shares of Union Pacific Co. (NYSE:UNP)

DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main reduced its position in shares of Union Pacific Co. (NYSE:UNP - Free Report) by 73.8% in the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 1,086,410 shares of the railroad operator's stock after selling 3,059,010 shares during the quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main owned 0.18% of Union Pacific worth $247,745,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also bought and sold shares of UNP. abrdn plc grew its stake in shares of Union Pacific by 9.3% in the fourth quarter. abrdn plc now owns 415,874 shares of the railroad operator's stock worth $94,588,000 after acquiring an additional 35,414 shares during the period. Wealth Enhancement Advisory Services LLC grew its holdings in shares of Union Pacific by 2.8% in the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 179,925 shares of the railroad operator's stock worth $44,348,000 after acquiring an additional 4,939 shares during the period. Border to Coast Pensions Partnership Ltd grew its holdings in shares of Union Pacific by 24.2% in the fourth quarter. Border to Coast Pensions Partnership Ltd now owns 277,267 shares of the railroad operator's stock worth $63,185,000 after acquiring an additional 53,946 shares during the period. Pinnbrook Capital Management LP bought a new stake in Union Pacific during the fourth quarter valued at approximately $3,954,000. Finally, Traveka Wealth LLC grew its position in Union Pacific by 236.6% during the fourth quarter. Traveka Wealth LLC now owns 4,567 shares of the railroad operator's stock valued at $1,041,000 after buying an additional 3,210 shares during the period. 80.38% of the stock is currently owned by institutional investors.

Union Pacific Trading Down 0.8%

Shares of UNP stock traded down $1.79 on Tuesday, reaching $229.08. 1,309,221 shares of the company's stock were exchanged, compared to its average volume of 2,617,457. Union Pacific Co. has a 52 week low of $204.66 and a 52 week high of $258.07. The company's fifty day simple moving average is $225.41 and its 200 day simple moving average is $233.76. The stock has a market capitalization of $136.87 billion, a PE ratio of 20.66, a P/E/G ratio of 2.15 and a beta of 1.07. The company has a current ratio of 0.77, a quick ratio of 0.62 and a debt-to-equity ratio of 1.76.

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

Union Pacific Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, June 30th. Shareholders 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 yield of 2.34%. The ex-dividend date is Friday, May 30th. Union Pacific's dividend payout ratio (DPR) is presently 48.29%.

Wall Street Analysts Forecast Growth

UNP has been the subject of a number of recent analyst reports. Redburn Atlantic upgraded shares of Union Pacific from a "neutral" rating to a "buy" rating and set a $259.00 price target for the company in a research report on Wednesday, April 16th. Deutsche Bank Aktiengesellschaft began coverage on Union Pacific in a research note on Friday, March 7th. They issued a "buy" rating and a $295.00 price objective for the company. Guggenheim boosted their price target on Union Pacific from $266.00 to $275.00 and gave the stock a "buy" rating in a report on Friday, January 24th. Barclays dropped their target price on shares of Union Pacific from $285.00 to $260.00 and set an "overweight" rating for the company in a research report on Friday, April 25th. Finally, Susquehanna reduced their price target on shares of Union Pacific from $255.00 to $245.00 and set a "neutral" rating on the stock in a report on Friday, April 25th. One investment analyst has rated the stock with a sell rating, six have assigned a hold rating, fifteen have assigned a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, Union Pacific presently has an average rating of "Moderate Buy" and an average target price of $257.86.

Union Pacific Company Profile

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.