Berkeley Inc Sells 25,847 Shares of Union Pacific Co. (NYSE:UNP)

Berkeley Inc lessened its position in Union Pacific Co. (NYSE:UNP - Free Report) by 86.6% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 3,999 shares of the railroad operator's stock after selling 25,847 shares during the period. Berkeley Inc's holdings in Union Pacific were worth $912,000 as of its most recent filing with the SEC.

Several other large investors have also recently bought and sold shares of the company. Norges Bank acquired a new stake in Union Pacific in the fourth quarter valued at $1,927,377,000. Raymond James Financial Inc. acquired a new stake in Union Pacific in the fourth quarter valued at $1,035,905,000. Geode Capital Management LLC lifted its stake in Union Pacific by 12.6% in the fourth quarter. Geode Capital Management LLC now owns 14,430,581 shares of the railroad operator's stock valued at $3,282,305,000 after acquiring an additional 1,616,895 shares during the last quarter. Capital Research Global Investors lifted its stake in Union Pacific by 14.3% in the fourth quarter. Capital Research Global Investors now owns 10,395,364 shares of the railroad operator's stock valued at $2,370,559,000 after acquiring an additional 1,298,178 shares during the last quarter. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its stake in Union Pacific by 35.2% in the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 4,968,658 shares of the railroad operator's stock valued at $1,133,053,000 after acquiring an additional 1,294,643 shares during the last quarter. Institutional investors own 80.38% of the company's stock.

Wall Street Analysts Forecast Growth

A number of research firms have recently issued reports on UNP. Jefferies Financial Group cut their target price on shares of Union Pacific from $255.00 to $230.00 and set a "hold" rating for the company in a research note on Wednesday, April 9th. Citigroup upgraded shares of Union Pacific from a "neutral" rating to a "buy" rating and cut their target price for the stock from $260.00 to $244.00 in a research note on Tuesday, April 8th. Raymond James restated a "strong-buy" rating on shares of Union Pacific in a research note on Friday, April 25th. Bank of America raised their target price on shares of Union Pacific from $256.00 to $262.00 and gave the stock a "buy" rating in a research note on Friday, May 16th. Finally, UBS Group cut their target price 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 investment analyst has rated the stock with a sell rating, six have assigned a hold rating, fifteen have assigned a buy rating and two have issued a strong buy rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average target price of $257.50.

Union Pacific Price Performance

Shares of Union Pacific stock traded down $1.07 during midday trading on Friday, hitting $221.44. 4,179,597 shares of the company traded hands, compared to its average volume of 2,654,224. Union Pacific Co. has a 12 month low of $204.66 and a 12 month high of $258.07. The company has a debt-to-equity ratio of 1.76, a quick ratio of 0.62 and a current ratio of 0.77. The stock has a market cap of $132.31 billion, a price-to-earnings ratio of 19.97, a PEG ratio of 2.15 and a beta of 1.07. The firm's fifty day moving average price is $221.74 and its 200-day moving average price is $232.74.

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

Union Pacific Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, June 30th. Stockholders of record on Friday, May 30th will be issued a dividend of $1.34 per share. The ex-dividend date is Friday, May 30th. This represents a $5.36 dividend on an annualized basis and a dividend yield of 2.42%. Union Pacific's dividend payout ratio (DPR) is presently 48.29%.

Union Pacific 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.