IFM Investors Pty Ltd Purchases 8,700 Shares of Union Pacific Corporation (NYSE:UNP)

IFM Investors Pty Ltd raised its position in shares of Union Pacific Corporation (NYSE:UNP - Free Report) by 5.0% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 181,463 shares of the railroad operator's stock after purchasing an additional 8,700 shares during the period. IFM Investors Pty Ltd's holdings in Union Pacific were worth $44,727,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in UNP. Highline Wealth Partners LLC boosted its stake in Union Pacific by 103.5% in the first quarter. Highline Wealth Partners LLC now owns 116 shares of the railroad operator's stock valued at $27,000 after buying an additional 59 shares in the last quarter. EnRich Financial Partners LLC acquired a new stake in shares of Union Pacific in the 4th quarter valued at approximately $31,000. Strategic Investment Solutions Inc. IL grew its holdings in shares of Union Pacific by 38.8% during the 4th quarter. Strategic Investment Solutions Inc. IL now owns 161 shares of the railroad operator's stock valued at $39,000 after purchasing an additional 45 shares during the last quarter. MorganRosel Wealth Management LLC acquired a new position in Union Pacific during the 1st quarter worth approximately $60,000. Finally, Meeder Asset Management Inc. lifted its stake in Union Pacific by 223.2% in the 4th quarter. Meeder Asset Management Inc. now owns 307 shares of the railroad operator's stock valued at $70,000 after purchasing an additional 212 shares during the last quarter. 80.38% of the stock is currently owned by institutional investors.

Union Pacific Stock Down 0.3%

Union Pacific stock opened at $236.45 on Friday. Union Pacific Corporation has a 12 month low of $204.66 and a 12 month high of $258.07. The stock has a fifty day simple moving average of $223.53 and a two-hundred day simple moving average of $230.75. The company has a current ratio of 0.73, a quick ratio of 0.61 and a debt-to-equity ratio of 1.91. The firm has a market cap of $141.27 billion, a price-to-earnings ratio of 21.30, a PEG ratio of 2.38 and a beta of 1.05.

Union Pacific (NYSE:UNP - Get Free Report) last issued its earnings results 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). The business had revenue of $6.03 billion during the quarter, compared to analysts' expectations of $6.11 billion. Union Pacific had a return on equity of 40.80% and a net margin of 27.76%. Union Pacific's quarterly revenue was down .1% compared to the same quarter last year. During the same period last year, the firm posted $2.69 EPS. Equities analysts predict that Union Pacific Corporation will post 11.99 EPS for the current fiscal year.

Union Pacific Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Monday, June 30th. Stockholders 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 dividend yield of 2.27%. Union Pacific's payout ratio is 48.29%.

Wall Street Analyst Weigh In

Several equities analysts have issued reports on the stock. Citigroup upgraded shares of Union Pacific from a "neutral" rating to a "buy" rating and decreased their price target for the company from $260.00 to $244.00 in a research report on Tuesday, April 8th. Argus upgraded Union Pacific to a "strong-buy" rating in a report on Friday, May 16th. Stifel Nicolaus cut their target price on Union Pacific from $270.00 to $248.00 and set a "buy" rating on the stock in a report on Monday, April 14th. Jefferies Financial Group decreased their price target on Union Pacific from $255.00 to $230.00 and set a "hold" rating for the company in a research note on Wednesday, April 9th. Finally, Bank of America lifted their price objective on Union Pacific from $256.00 to $262.00 and gave the stock a "buy" rating in a research note on Friday, May 16th. One analyst has rated the stock with a sell rating, eight have assigned a hold rating, fifteen have assigned a buy rating and two have given a strong buy rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average price target of $256.91.

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.

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