Union Pacific Corporation (NYSE:UNP) Holdings Boosted by Pittenger & Anderson Inc.

Pittenger & Anderson Inc. lifted its position in shares of Union Pacific Corporation (NYSE:UNP - Free Report) by 1.5% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 91,545 shares of the railroad operator's stock after acquiring an additional 1,365 shares during the quarter. Union Pacific accounts for approximately 0.8% of Pittenger & Anderson Inc.'s portfolio, making the stock its 29th largest holding. Pittenger & Anderson Inc.'s holdings in Union Pacific were worth $21,627,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. Norges Bank acquired a new position in Union Pacific during the fourth quarter worth approximately $1,927,377,000. GAMMA Investing LLC grew its holdings in Union Pacific by 27,502.8% during the 1st quarter. GAMMA Investing LLC now owns 2,491,151 shares of the railroad operator's stock valued at $588,510,000 after purchasing an additional 2,482,126 shares in the last quarter. Geode Capital Management LLC grew its holdings in Union Pacific by 12.6% during the 4th quarter. Geode Capital Management LLC now owns 14,430,581 shares of the railroad operator's stock valued at $3,282,305,000 after purchasing an additional 1,616,895 shares in the last quarter. Capital Research Global Investors grew its holdings in Union Pacific by 14.3% during the 4th quarter. Capital Research Global Investors now owns 10,395,364 shares of the railroad operator's stock worth $2,370,559,000 after acquiring an additional 1,298,178 shares in the last quarter. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its holdings in Union Pacific by 35.2% during the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 4,968,658 shares of the railroad operator's stock worth $1,133,053,000 after acquiring an additional 1,294,643 shares in the last quarter. Hedge funds and other institutional investors own 80.38% of the company's stock.

Union Pacific Price Performance

NYSE UNP traded down $1.99 during trading hours on Friday, reaching $235.01. The company's stock had a trading volume of 3,211,722 shares, compared to its average volume of 2,743,214. Union Pacific Corporation has a 1-year low of $204.66 and a 1-year high of $258.07. The company's 50-day moving average is $226.11 and its two-hundred day moving average is $231.15. 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 market capitalization of $140.41 billion, a price-to-earnings ratio of 21.17, a P/E/G ratio of 2.36 and a beta of 1.05.

Union Pacific (NYSE:UNP - Get Free Report) last posted its 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 business had revenue of $6.03 billion during the quarter, compared to analysts' expectations of $6.11 billion. During the same period last year, the company earned $2.69 EPS. The business's quarterly revenue was down .1% compared to the same quarter last year. On average, equities analysts predict that Union Pacific Corporation will post 11.99 EPS for the current year.

Union Pacific Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, June 30th. Investors of record on Friday, May 30th were given a dividend of $1.34 per share. The ex-dividend date of this dividend was Friday, May 30th. This represents a $5.36 dividend on an annualized basis and a yield of 2.28%. Union Pacific's dividend payout ratio (DPR) is 48.29%.

Wall Street Analyst Weigh In

UNP has been the topic of a number of recent research reports. Barclays raised their price target on shares of Union Pacific from $260.00 to $270.00 and gave the stock an "overweight" rating in a research report on Thursday. The Goldman Sachs Group reiterated a "neutral" rating and issued a $263.00 price objective on shares of Union Pacific in a research report on Monday, June 2nd. Wells Fargo & Company cut their price objective 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. Bank of America lifted their price objective on shares of Union Pacific from $256.00 to $262.00 and gave the company a "buy" rating in a research report on Friday, May 16th. Finally, 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 report on Wednesday, April 16th. One research analyst has rated the stock with a sell rating, nine have assigned a hold rating, fifteen have issued a buy rating and two have assigned a strong buy rating to the company. Based on data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $256.63.

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.