Impax Asset Management Group plc Purchases 32,511 Shares of Union Pacific Corporation (NYSE:UNP)

Impax Asset Management Group plc boosted its holdings in Union Pacific Corporation (NYSE:UNP - Free Report) by 5.2% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 655,314 shares of the railroad operator's stock after acquiring an additional 32,511 shares during the quarter. Impax Asset Management Group plc owned about 0.11% of Union Pacific worth $154,811,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Assetmark Inc. lifted its position in shares of Union Pacific by 16.3% during the 4th quarter. Assetmark Inc. now owns 35,897 shares of the railroad operator's stock valued at $8,186,000 after acquiring an additional 5,035 shares during the last quarter. Proficio Capital Partners LLC raised its position in shares of Union Pacific by 46.1% during the fourth quarter. Proficio Capital Partners LLC now owns 2,211 shares of the railroad operator's stock worth $504,000 after purchasing an additional 698 shares during the period. Aigen Investment Management LP lifted its holdings in shares of Union Pacific by 86.0% during the fourth quarter. Aigen Investment Management LP now owns 2,613 shares of the railroad operator's stock valued at $596,000 after purchasing an additional 1,208 shares during the last quarter. Dana Investment Advisors Inc. boosted its position in shares of Union Pacific by 2.2% in the 4th quarter. Dana Investment Advisors Inc. now owns 3,503 shares of the railroad operator's stock valued at $799,000 after purchasing an additional 76 shares during the period. Finally, Lindbrook Capital LLC boosted its position in shares of Union Pacific by 2.7% in the 4th quarter. Lindbrook Capital LLC now owns 3,020 shares of the railroad operator's stock valued at $689,000 after purchasing an additional 80 shares during the period. 80.38% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

UNP has been the topic of a number of analyst reports. UBS Group dropped their price target on Union Pacific from $255.00 to $245.00 and set a "neutral" rating on the stock in a research note on Wednesday, April 2nd. Redburn Atlantic raised shares of Union Pacific from a "neutral" rating to a "buy" rating and set a $259.00 price objective for the company in a research note on Wednesday, April 16th. Citigroup upgraded shares of Union Pacific from a "neutral" rating to a "buy" rating and lowered their price objective for the stock from $260.00 to $244.00 in a research report on Tuesday, April 8th. Wells Fargo & Company lowered their price objective on shares of Union Pacific from $265.00 to $260.00 and set an "overweight" rating on the stock in a research report on Thursday, March 27th. Finally, Baird R W raised Union Pacific to a "hold" rating in a research report on Tuesday. One investment analyst has rated the stock with a sell rating, eight have given 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.com, Union Pacific presently has an average rating of "Moderate Buy" and a consensus price target of $256.91.

Union Pacific Stock Performance

Union Pacific stock traded down $0.72 during trading hours on Friday, reaching $236.45. 1,327,641 shares of the company were exchanged, compared to its average volume of 2,723,651. The stock has a 50-day moving average of $224.00 and a 200 day moving average of $230.79. The company has a current ratio of 0.73, a quick ratio of 0.61 and a debt-to-equity ratio of 1.91. Union Pacific Corporation has a 12 month low of $204.66 and a 12 month high of $258.07. The firm has a market cap of $141.27 billion, a price-to-earnings ratio of 21.30, a PEG ratio of 2.37 and a beta of 1.05.

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

Union Pacific Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Monday, June 30th. Stockholders of record on Friday, May 30th were given a $1.34 dividend. 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 dividend 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.