Intact Investment Management Inc. Has $2.03 Million Stock Holdings in Union Pacific Corporation (NYSE:UNP)

Intact Investment Management Inc. lowered its stake in Union Pacific Corporation (NYSE:UNP - Free Report) by 81.2% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 8,600 shares of the railroad operator's stock after selling 37,200 shares during the period. Intact Investment Management Inc.'s holdings in Union Pacific were worth $2,032,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. Union Bancaire Privee UBP SA acquired a new stake in Union Pacific during the 4th quarter worth $20,683,000. Centricity Wealth Management LLC acquired a new stake in Union Pacific during the 4th quarter worth $51,000. VisionPoint Advisory Group LLC acquired a new stake in Union Pacific during the 4th quarter worth $64,000. Blackston Financial Advisory Group LLC grew its holdings in Union Pacific by 11.3% during the 4th quarter. Blackston Financial Advisory Group LLC now owns 1,449 shares of the railroad operator's stock worth $330,000 after acquiring an additional 147 shares during the period. Finally, Drum Hill Capital LLC acquired a new stake in Union Pacific during the 4th quarter worth $675,000. Institutional investors and hedge funds own 80.38% of the company's stock.

Union Pacific Stock Up 0.2%

NYSE:UNP traded up $0.34 on Friday, hitting $222.35. 4,274,305 shares of the company's stock were exchanged, compared to its average volume of 2,690,554. The firm has a 50-day moving average price of $221.26 and a 200-day moving average price of $230.89. 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 52 week low of $204.66 and a 52 week high of $258.07. The company has a market cap of $132.85 billion, a P/E ratio of 20.03, a price-to-earnings-growth ratio of 2.23 and a beta of 1.05.

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 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 business had revenue of $6.03 billion for the quarter, compared to the consensus estimate of $6.11 billion. During the same period last year, the firm earned $2.69 earnings per share. The company's quarterly revenue was down .1% compared to the same quarter last year. As a group, analysts expect that Union Pacific Corporation will post 11.99 EPS for the current fiscal year.

Union Pacific Announces Dividend

The firm also recently declared 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. The ex-dividend date of this dividend is Friday, May 30th. This represents a $5.36 annualized dividend and a yield of 2.41%. Union Pacific's dividend payout ratio (DPR) is presently 48.29%.

Analyst Ratings Changes

UNP has been the subject of a number of analyst reports. Stifel Nicolaus lowered their target price on shares of Union Pacific from $270.00 to $248.00 and set a "buy" rating for the company in a report on Monday, April 14th. The Goldman Sachs Group reissued a "neutral" rating and set a $263.00 price target on shares of Union Pacific in a research report on Monday, June 2nd. Wells Fargo & Company reduced their price target 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. Bank of America lifted their price target on shares of Union Pacific from $256.00 to $262.00 and gave the stock a "buy" rating in a research report on Friday, May 16th. Finally, Raymond James Financial reissued a "strong-buy" rating on shares of Union Pacific in a research report on Friday, April 25th. One research analyst has rated the stock with a sell rating, seven have assigned a hold rating, fifteen have given a buy rating and two have assigned a strong buy rating to the stock. Based on data from MarketBeat.com, Union Pacific has an average rating of "Moderate Buy" and a consensus price target of $257.74.

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.