iSAM Funds UK Ltd Sells 4,045 Shares of Union Pacific Co. (NYSE:UNP)

iSAM Funds UK Ltd lowered its holdings in shares of Union Pacific Co. (NYSE:UNP - Free Report) by 63.0% in the fourth quarter, according to its most recent disclosure with the SEC. The firm owned 2,372 shares of the railroad operator's stock after selling 4,045 shares during the period. iSAM Funds UK Ltd's holdings in Union Pacific were worth $541,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also bought and sold shares of UNP. Norges Bank bought a new position in Union Pacific during the fourth quarter worth about $1,927,377,000. Raymond James Financial Inc. bought a new stake in shares of Union Pacific during the fourth quarter worth approximately $1,035,905,000. Geode Capital Management LLC boosted its holdings in shares of Union Pacific by 12.6% during the fourth quarter. Geode Capital Management LLC now owns 14,430,581 shares of the railroad operator's stock worth $3,282,305,000 after acquiring an additional 1,616,895 shares during the period. Capital Research Global Investors boosted its holdings in shares of Union Pacific by 14.3% during the fourth quarter. Capital Research Global Investors now owns 10,395,364 shares of the railroad operator's stock worth $2,370,559,000 after acquiring an additional 1,298,178 shares during the period. Finally, Castlekeep Investment Advisors LLC bought a new stake in shares of Union Pacific during the fourth quarter worth approximately $273,361,000. Institutional investors own 80.38% of the company's stock.

Analysts Set New Price Targets

A number of equities research analysts have recently issued reports on UNP shares. Loop Capital cut Union Pacific from a "hold" rating to a "sell" rating and reduced their price objective for the stock from $265.00 to $200.00 in a report on Monday, February 3rd. TD Cowen boosted their price target on Union Pacific from $245.00 to $258.00 and gave the company a "buy" rating in a research note on Friday, January 24th. Guggenheim boosted their price target on Union Pacific from $266.00 to $275.00 and gave the company a "buy" rating in a research note on Friday, January 24th. Citigroup upgraded Union Pacific from a "neutral" rating to a "buy" rating and cut their price target for the company from $260.00 to $244.00 in a research note on Tuesday, April 8th. Finally, Deutsche Bank Aktiengesellschaft initiated coverage on Union Pacific in a research note on Friday, March 7th. They issued a "buy" rating and a $295.00 price target for the company. One equities research analyst has rated the stock with a sell rating, six have given a hold rating, fifteen have given a buy rating and one has issued a strong buy rating to the company's stock. According to MarketBeat.com, Union Pacific has an average rating of "Moderate Buy" and an average price target of $257.50.

Union Pacific Stock Down 0.9%

Shares of NYSE:UNP opened at $229.33 on Tuesday. The company has a fifty day moving average of $224.00 and a 200-day moving average of $233.67. The company has a market capitalization of $137.02 billion, a PE ratio of 20.68, a price-to-earnings-growth ratio of 2.15 and a beta of 1.07. The company has a debt-to-equity ratio of 1.76, a quick ratio of 0.62 and a current ratio of 0.77. Union Pacific Co. has a 52-week low of $204.66 and a 52-week high of $258.07.

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). The company 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%. The firm's quarterly revenue was down .1% on a year-over-year basis. During the same quarter last year, the company posted $2.69 earnings per share. On average, equities analysts predict that Union Pacific Co. will post 11.99 EPS for the current fiscal year.

Union Pacific Dividend Announcement

The business 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 annualized dividend and a dividend yield of 2.34%. Union Pacific's dividend payout ratio (DPR) is presently 48.29%.

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.

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