Maj Invest Holding A S Has $132.30 Million Stake in Union Pacific Corporation (NYSE:UNP)

Maj Invest Holding A S lessened its position in shares of Union Pacific Corporation (NYSE:UNP - Free Report) by 5.1% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 560,026 shares of the railroad operator's stock after selling 30,077 shares during the period. Union Pacific makes up 4.8% of Maj Invest Holding A S's portfolio, making the stock its 12th biggest position. Maj Invest Holding A S owned about 0.09% of Union Pacific worth $132,300,000 at the end of the most recent quarter.

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

Union Pacific Trading Up 0.5%

UNP traded up $1.15 during trading on Tuesday, reaching $236.50. The company had a trading volume of 888,066 shares, compared to its average volume of 2,715,998. The firm's 50-day simple moving average is $224.45 and its 200 day simple moving average is $230.95. The company has a market cap of $141.30 billion, a price-to-earnings ratio of 21.31, a PEG ratio of 2.37 and a beta of 1.05. Union Pacific Corporation has a 12-month low of $204.66 and a 12-month high of $258.07. The company has a debt-to-equity ratio of 1.91, a quick ratio of 0.61 and a current ratio of 0.73.

Union Pacific (NYSE:UNP - Get Free Report) last released its earnings results on Thursday, April 24th. The railroad operator reported $2.70 earnings per share 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 business had revenue of $6.03 billion for the quarter, compared to analysts' expectations of $6.11 billion. During the same period last year, the firm earned $2.69 EPS. The company's revenue was down .1% compared to the same quarter last year. Equities 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 announced a quarterly dividend, which was paid on Monday, June 30th. Shareholders of record on Friday, May 30th were paid a dividend of $1.34 per share. The ex-dividend date was Friday, May 30th. This represents a $5.36 annualized dividend and a yield of 2.27%. Union Pacific's dividend payout ratio (DPR) is presently 48.29%.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently weighed in on the stock. Stephens cut their price objective on shares of Union Pacific from $275.00 to $255.00 and set an "overweight" rating on the stock in a research note on Monday, April 28th. Susquehanna upgraded shares of Union Pacific from a "neutral" rating to a "positive" rating and lifted their price objective for the company from $245.00 to $260.00 in a research note on Tuesday, June 24th. Redburn Atlantic upgraded shares of Union Pacific from a "neutral" rating to a "buy" rating and set a $259.00 price objective on the stock in a research note on Wednesday, April 16th. Jefferies Financial Group cut their price objective on shares of Union Pacific from $255.00 to $230.00 and set a "hold" rating on the stock in a research note on Wednesday, April 9th. Finally, The Goldman Sachs Group restated a "neutral" rating and set a $263.00 price objective on shares of Union Pacific in a research note on Monday, June 2nd. One equities research analyst has rated the stock with a sell rating, nine have given a hold rating, fifteen have issued a buy rating and two have assigned a strong buy rating to the stock. According to MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus price target of $255.13.

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.