Mitsubishi UFJ Asset Management Co. Ltd. Increases Position in Union Pacific Corporation $UNP

Mitsubishi UFJ Asset Management Co. Ltd. lifted its position in Union Pacific Corporation (NYSE:UNP - Free Report) by 4.9% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 1,249,972 shares of the railroad operator's stock after acquiring an additional 58,944 shares during the period. Mitsubishi UFJ Asset Management Co. Ltd. owned 0.21% of Union Pacific worth $289,881,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in UNP. Rachor Investment Advisory Services LLC purchased a new position in Union Pacific during the 4th quarter worth approximately $25,000. Caitlin John LLC purchased a new stake in shares of Union Pacific in the 3rd quarter valued at $27,000. Saranac Partners Ltd purchased a new stake in shares of Union Pacific in the 3rd quarter valued at $27,000. High Point Wealth Management LLC acquired a new stake in shares of Union Pacific in the fourth quarter worth $26,000. Finally, Stephens Consulting LLC increased its stake in shares of Union Pacific by 48.4% in the fourth quarter. Stephens Consulting LLC now owns 135 shares of the railroad operator's stock worth $31,000 after acquiring an additional 44 shares during the period. Institutional investors and hedge funds own 80.38% of the company's stock.

Wall Street Analysts Forecast Growth

A number of research analysts recently issued reports on the stock. UBS Group restated a "neutral" rating and set a $274.00 target price (up from $253.00) on shares of Union Pacific in a research report on Friday, April 24th. TD Cowen lifted their price objective on Union Pacific from $256.00 to $282.00 and gave the company a "buy" rating in a research note on Friday, April 24th. Weiss Ratings raised Union Pacific from a "buy (b-)" rating to a "buy (b)" rating in a report on Tuesday, April 21st. Citigroup restated a "buy" rating and issued a $307.00 target price (up from $285.00) on shares of Union Pacific in a research note on Friday, April 24th. Finally, Barclays reiterated an "overweight" rating and set a $315.00 price target (up from $285.00) on shares of Union Pacific in a research report on Friday, April 24th. One analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and eight have issued a Hold rating to the stock. According to MarketBeat, the company currently has an average rating of "Moderate Buy" and an average target price of $279.55.

Insider Activity

In related news, EVP Kenyatta G. Rocker sold 27,387 shares of Union Pacific stock in a transaction on Friday, April 24th. The shares were sold at an average price of $271.76, for a total value of $7,442,691.12. Following the sale, the executive vice president owned 61,102 shares of the company's stock, valued at approximately $16,605,079.52. This trade represents a 30.95% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CFO Jennifer L. Hamann sold 2,000 shares of the business's stock in a transaction on Friday, April 24th. The stock was sold at an average price of $274.70, for a total transaction of $549,400.00. Following the completion of the sale, the chief financial officer directly owned 114,642 shares of the company's stock, valued at approximately $31,492,157.40. The trade was a 1.71% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 31,386 shares of company stock worth $8,461,716 in the last quarter. Corporate insiders own 0.22% of the company's stock.

Union Pacific Trading Up 0.2%

Shares of Union Pacific stock opened at $264.04 on Wednesday. The firm has a 50-day simple moving average of $252.13 and a two-hundred day simple moving average of $239.78. The company has a debt-to-equity ratio of 1.53, a quick ratio of 0.73 and a current ratio of 0.92. Union Pacific Corporation has a fifty-two week low of $210.84 and a fifty-two week high of $274.79. The company has a market cap of $156.76 billion, a P/E ratio of 21.75, a price-to-earnings-growth ratio of 2.80 and a beta of 0.99.

Union Pacific (NYSE:UNP - Get Free Report) last posted its earnings results on Thursday, April 23rd. The railroad operator reported $2.93 EPS for the quarter, beating analysts' consensus estimates of $2.86 by $0.07. Union Pacific had a return on equity of 39.58% and a net margin of 29.20%.The firm had revenue of $6.22 billion for the quarter, compared to analysts' expectations of $6.12 billion. During the same period last year, the firm earned $2.70 EPS. The company's quarterly revenue was up 3.2% on a year-over-year basis. As a group, equities analysts predict that Union Pacific Corporation will post 12.53 earnings per share for the current fiscal year.

Union Pacific Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, March 31st. Stockholders of record on Friday, February 27th were paid a dividend of $1.38 per share. This represents a $5.52 annualized dividend and a dividend yield of 2.1%. The ex-dividend date of this dividend was Friday, February 27th. Union Pacific's dividend payout ratio is presently 45.47%.

Union Pacific Company Profile

Union Pacific Corporation NYSE: UNP is one of the largest freight railroad companies in the United States. Its principal operating subsidiary, Union Pacific Railroad, has roots that trace back to the Pacific Railway Act of 1862 and the construction of the first transcontinental rail link completed in 1869. The company is headquartered in Omaha, Nebraska, and operates as a holding company for rail transportation and related services.

Union Pacific's core business is the movement of freight by rail across an extensive rail network serving the western two‑thirds of the United States.

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