DekaBank Deutsche Girozentrale Purchases 24,127 Shares of Union Pacific Corporation (NYSE:UNP)

DekaBank Deutsche Girozentrale increased its stake in Union Pacific Corporation (NYSE:UNP - Free Report) by 4.1% during the first quarter, according to its most recent Form 13F filing with the SEC. The firm owned 614,512 shares of the railroad operator's stock after purchasing an additional 24,127 shares during the period. DekaBank Deutsche Girozentrale owned approximately 0.10% of Union Pacific worth $141,229,000 as of its most recent filing with the SEC.

Other hedge funds also recently modified their holdings of the company. Fiduciary Trust Co grew its position in Union Pacific by 2.8% in the fourth quarter. Fiduciary Trust Co now owns 102,213 shares of the railroad operator's stock valued at $23,309,000 after acquiring an additional 2,807 shares during the last quarter. Sherbrooke Park Advisers LLC bought a new position in Union Pacific in the fourth quarter valued at about $781,000. Meadow Creek Wealth Advisors LLC grew its position in Union Pacific by 10.9% in the first quarter. Meadow Creek Wealth Advisors LLC now owns 3,666 shares of the railroad operator's stock valued at $866,000 after acquiring an additional 359 shares during the last quarter. GAMMA Investing LLC grew its position in Union Pacific by 16.8% in the first quarter. GAMMA Investing LLC now owns 10,545 shares of the railroad operator's stock valued at $2,491,000 after acquiring an additional 1,520 shares during the last quarter. Finally, Truist Financial Corp grew its position in Union Pacific by 2.7% in the first quarter. Truist Financial Corp now owns 968,061 shares of the railroad operator's stock valued at $228,695,000 after acquiring an additional 25,900 shares during the last quarter. Institutional investors own 80.38% of the company's stock.

Union Pacific Stock Down 0.8%

Shares of NYSE:UNP traded down $1.99 during trading on Friday, reaching $235.01. 3,211,722 shares of the stock were exchanged, compared to its average volume of 2,739,891. The company has a debt-to-equity ratio of 1.91, a current ratio of 0.73 and a quick ratio of 0.61. Union Pacific Corporation has a 1-year low of $204.66 and a 1-year high of $258.07. The stock has a fifty day moving average of $226.11 and a two-hundred day moving average of $231.14. The firm has a market cap of $140.41 billion, a price-to-earnings ratio of 21.17, a price-to-earnings-growth ratio of 2.38 and a beta of 1.05.

Union Pacific (NYSE:UNP - Get Free Report) last announced its quarterly earnings results on Thursday, April 24th. The railroad operator reported $2.70 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.73 by ($0.03). Union Pacific had a return on equity of 40.80% and a net margin of 27.76%. The company had revenue of $6.03 billion for the quarter, compared to the consensus estimate of $6.11 billion. During the same quarter last year, the company posted $2.69 EPS. The company's quarterly revenue was down .1% compared to the same quarter last year. Research analysts anticipate that Union Pacific Corporation will post 11.99 earnings per share for the current fiscal year.

Union Pacific Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, June 30th. Investors of record on Friday, May 30th were issued a dividend of $1.34 per share. The ex-dividend date was Friday, May 30th. This represents a $5.36 annualized dividend and a yield of 2.28%. Union Pacific's dividend payout ratio (DPR) is currently 48.29%.

Analyst Ratings Changes

A number of research firms have issued reports on UNP. Sanford C. Bernstein reiterated an "outperform" rating and issued a $271.00 target price (up previously from $267.00) on shares of Union Pacific in a research report on Tuesday. Stephens reduced their target price on Union Pacific from $275.00 to $255.00 and set an "overweight" rating on the stock in a report on Monday, April 28th. Jefferies Financial Group reduced their target price on Union Pacific from $255.00 to $230.00 and set a "hold" rating on the stock in a report on Wednesday, April 9th. The Goldman Sachs Group reiterated a "neutral" rating and issued a $263.00 target price on shares of Union Pacific in a report on Monday, June 2nd. Finally, Morgan Stanley reduced their target price on Union Pacific from $220.00 to $215.00 and set an "equal weight" rating on the stock in a report on Monday. One equities research analyst has rated the stock with a sell rating, nine have assigned a hold rating, fifteen have assigned a buy rating and two have issued a strong buy rating to the company's stock. According to data from MarketBeat, the company presently has an average rating of "Moderate Buy" and an average target price of $256.63.

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.