Maj Invest Holding A S Sells 30,077 Shares of Union Pacific Corporation (NYSE:UNP)

Maj Invest Holding A S trimmed its position in Union Pacific Corporation (NYSE:UNP - Free Report) by 5.1% during the first quarter, according to its most recent 13F filing with the SEC. The fund owned 560,026 shares of the railroad operator's stock after selling 30,077 shares during the period. Union Pacific comprises approximately 4.8% of Maj Invest Holding A S's holdings, making the stock its 12th largest holding. Maj Invest Holding A S owned about 0.09% of Union Pacific worth $132,300,000 at the end of the most recent reporting period.

Several other hedge funds have also added to or reduced their stakes in the company. Highline Wealth Partners LLC boosted its position in shares of Union Pacific by 103.5% in the 1st quarter. Highline Wealth Partners LLC now owns 116 shares of the railroad operator's stock worth $27,000 after purchasing an additional 59 shares during the last quarter. EnRich Financial Partners LLC bought a new position in Union Pacific during the fourth quarter worth about $31,000. Strategic Investment Solutions Inc. IL boosted its stake in Union Pacific by 38.8% during the 4th quarter. Strategic Investment Solutions Inc. IL now owns 161 shares of the railroad operator's stock worth $39,000 after acquiring an additional 45 shares during the last quarter. MorganRosel Wealth Management LLC bought a new position in Union Pacific during the 1st quarter worth approximately $60,000. Finally, Meeder Asset Management Inc. boosted its stake in Union Pacific by 223.2% during the 4th quarter. Meeder Asset Management Inc. now owns 307 shares of the railroad operator's stock worth $70,000 after acquiring an additional 212 shares during the last quarter. Institutional investors own 80.38% of the company's stock.

Union Pacific Stock Down 0.4%

NYSE:UNP traded down $0.90 on Monday, hitting $235.38. 2,580,899 shares of the company's stock were exchanged, compared to its average volume of 2,723,079. 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 $140.63 billion, a P/E ratio of 21.21, a price-to-earnings-growth ratio of 2.37 and a beta of 1.05. The company has a debt-to-equity ratio of 1.91, a current ratio of 0.73 and a quick ratio of 0.61. The firm has a 50-day moving average price of $224.00 and a 200-day moving average price of $230.89.

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 net margin of 27.76% and a return on equity of 40.80%. The company had revenue of $6.03 billion for the quarter, compared to analyst estimates of $6.11 billion. During the same period last year, the company posted $2.69 earnings per share. The business's revenue for the quarter was down .1% on a year-over-year basis. As a group, analysts expect that Union Pacific Corporation will post 11.99 EPS for the current fiscal year.

Union Pacific Dividend Announcement

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

Analyst Upgrades and Downgrades

UNP has been the topic of several recent analyst reports. Susquehanna raised shares of Union Pacific from a "neutral" rating to a "positive" rating and lifted their price objective for the stock from $245.00 to $260.00 in a research note on Tuesday, June 24th. 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. Barclays reduced their target price on Union Pacific from $285.00 to $260.00 and set an "overweight" rating on the stock in a report on Friday, April 25th. Bank of America lifted their target price on Union Pacific from $256.00 to $262.00 and gave the stock a "buy" rating in a report on Friday, May 16th. Finally, Argus upgraded Union Pacific to a "strong-buy" rating in a report on Friday, May 16th. One research analyst has rated the stock with a sell rating, nine have assigned a hold rating, fifteen have given a buy rating and two have issued a strong buy rating to the company's stock. According to MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $255.17.

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.