New York State Teachers Retirement System Sells 18,087 Shares of Union Pacific Corporation (NYSE:UNP)

New York State Teachers Retirement System reduced its stake in Union Pacific Corporation (NYSE:UNP - Free Report) by 3.7% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 475,923 shares of the railroad operator's stock after selling 18,087 shares during the period. New York State Teachers Retirement System owned approximately 0.08% of Union Pacific worth $112,432,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also recently added to or reduced their stakes in UNP. Highline Wealth Partners LLC grew its holdings in shares of Union Pacific by 103.5% during 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 in the last quarter. EnRich Financial Partners LLC bought a new stake in Union Pacific during the fourth quarter worth about $31,000. Strategic Investment Solutions Inc. IL increased its holdings in Union Pacific by 38.8% in the 4th 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 period. Meeder Asset Management Inc. increased its holdings in Union Pacific by 223.2% in the 4th 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 period. Finally, Transce3nd LLC acquired a new position in shares of Union Pacific in the 4th quarter valued at approximately $72,000. Institutional investors own 80.38% of the company's stock.

Analyst Upgrades and Downgrades

A number of research analysts recently issued reports on UNP shares. Barclays decreased their price objective on shares of Union Pacific from $285.00 to $260.00 and set an "overweight" rating on the stock in a research note on Friday, April 25th. Wells Fargo & Company decreased their price target on Union Pacific from $265.00 to $260.00 and set an "overweight" rating on the stock in a research note on Thursday, March 27th. Raymond James Financial reissued a "strong-buy" rating on shares of Union Pacific in a report on Friday, April 25th. Argus raised Union Pacific to a "strong-buy" rating in a research note on Friday, May 16th. Finally, UBS Group lowered their target price on Union Pacific from $255.00 to $245.00 and set a "neutral" rating for the company in a research note on Wednesday, April 2nd. One equities research analyst has rated the stock with a sell rating, six have issued a hold rating, sixteen have given a buy rating and two have assigned a strong buy rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $258.39.

Union Pacific Trading Down 0.5%

UNP stock traded down $1.12 during trading on Monday, hitting $230.29. The company had a trading volume of 3,578,991 shares, compared to its average volume of 2,714,116. The stock has a market cap of $137.59 billion, a PE ratio of 20.75, a PEG ratio of 2.32 and a beta of 1.05. The business has a 50-day moving average of $222.11 and a 200-day moving average of $230.68. The company has a current ratio of 0.73, a quick ratio of 0.61 and a debt-to-equity ratio of 1.91. Union Pacific Corporation has a one year low of $100.00 and a one year high of $258.07.

Union Pacific (NYSE:UNP - Get Free Report) last posted its quarterly earnings data on Thursday, April 24th. The railroad operator reported $2.70 EPS for the quarter, missing analysts' consensus estimates of $2.73 by ($0.03). Union Pacific had a net margin of 27.76% and a return on equity of 40.80%. The firm had revenue of $6.03 billion during the quarter, compared to the consensus estimate of $6.11 billion. During the same period in the prior year, the company posted $2.69 earnings per share. The company's revenue for the quarter was down .1% compared to the same quarter last year. Research analysts predict that Union Pacific Corporation will post 11.99 earnings per share for the current fiscal year.

Union Pacific Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, June 30th. Shareholders of record on Friday, May 30th will be issued a dividend of $1.34 per share. The ex-dividend date of this dividend is Friday, May 30th. This represents a $5.36 dividend on an annualized basis and a yield of 2.33%. Union Pacific's payout ratio is currently 48.29%.

About Union Pacific

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.