Mutual of America Capital Management LLC Sells 3,019 Shares of Union Pacific Corporation (NYSE:UNP)

Mutual of America Capital Management LLC cut its holdings in shares of Union Pacific Corporation (NYSE:UNP - Free Report) by 3.7% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 79,479 shares of the railroad operator's stock after selling 3,019 shares during the quarter. Mutual of America Capital Management LLC's holdings in Union Pacific were worth $18,776,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also bought and sold shares of UNP. Allred Capital Management LLC increased its holdings in shares of Union Pacific by 0.5% in the fourth quarter. Allred Capital Management LLC now owns 8,349 shares of the railroad operator's stock worth $1,904,000 after purchasing an additional 40 shares during the last quarter. Strategic Investment Solutions Inc. IL increased its holdings in shares of Union Pacific by 38.8% in the fourth quarter. Strategic Investment Solutions Inc. IL now owns 161 shares of the railroad operator's stock worth $39,000 after purchasing an additional 45 shares during the last quarter. Foster Dykema Cabot & Partners LLC increased its holdings in shares of Union Pacific by 1.6% in the fourth quarter. Foster Dykema Cabot & Partners LLC now owns 2,922 shares of the railroad operator's stock worth $666,000 after purchasing an additional 47 shares during the last quarter. First Financial Bank Trust Division increased its holdings in shares of Union Pacific by 1.7% in the first quarter. First Financial Bank Trust Division now owns 2,803 shares of the railroad operator's stock worth $662,000 after purchasing an additional 47 shares during the last quarter. Finally, Stiles Financial Services Inc increased its holdings in shares of Union Pacific by 1.6% in the first quarter. Stiles Financial Services Inc now owns 2,963 shares of the railroad operator's stock worth $700,000 after purchasing an additional 48 shares during the last quarter. 80.38% of the stock is owned by institutional investors.

Union Pacific Stock Performance

Shares of NYSE UNP traded down $0.39 during mid-day trading on Friday, hitting $222.27. The stock had a trading volume of 2,345,506 shares, compared to its average volume of 5,336,163. The company has a debt-to-equity ratio of 1.86, a quick ratio of 0.53 and a current ratio of 0.65. The company has a 50 day moving average of $227.09 and a two-hundred day moving average of $230.48. Union Pacific Corporation has a twelve month low of $204.66 and a twelve month high of $258.07. The firm has a market cap of $131.82 billion, a PE ratio of 19.31, a PEG ratio of 2.17 and a beta of 1.05.

Union Pacific (NYSE:UNP - Get Free Report) last announced its quarterly earnings results on Thursday, July 24th. The railroad operator reported $3.03 earnings per share for the quarter, topping the consensus estimate of $2.84 by $0.19. The company had revenue of $6.15 billion for the quarter, compared to the consensus estimate of $6.09 billion. Union Pacific had a return on equity of 41.73% and a net margin of 28.43%. The firm's revenue for the quarter was up 2.4% compared to the same quarter last year. During the same period last year, the firm earned $2.74 EPS. Research analysts predict that Union Pacific Corporation will post 11.99 EPS for the current fiscal year.

Union Pacific Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, September 30th. Investors of record on Friday, August 29th will be given a dividend of $1.38 per share. This is a positive change from Union Pacific's previous quarterly dividend of $1.34. The ex-dividend date is Friday, August 29th. This represents a $5.52 annualized dividend and a yield of 2.5%. Union Pacific's dividend payout ratio is currently 46.57%.

Analysts Set New Price Targets

UNP has been the subject of several recent research reports. Evercore ISI dropped their price target on Union Pacific from $244.00 to $238.00 and set an "in-line" rating for the company in a research report on Friday, July 25th. Citigroup lowered Union Pacific from a "strong-buy" rating to a "hold" rating and dropped their price target for the stock from $270.00 to $250.00 in a research report on Wednesday, July 30th. UBS Group boosted their target price on Union Pacific from $238.00 to $240.00 and gave the company a "neutral" rating in a research report on Friday, July 25th. Jefferies Financial Group upgraded Union Pacific from a "hold" rating to a "buy" rating and boosted their target price for the company from $250.00 to $285.00 in a research report on Friday, July 25th. Finally, Susquehanna dropped their target price on Union Pacific from $260.00 to $257.00 and set a "positive" rating for the company in a research report on Wednesday, July 30th. One equities research analyst has rated the stock with a sell rating, eleven have given a hold rating, fourteen have assigned a buy rating and two have issued a strong buy rating to the company. Based on data from MarketBeat.com, Union Pacific currently has a consensus rating of "Moderate Buy" and a consensus target price of $258.21.

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.