7,413 Shares in Union Pacific Co. (NYSE:UNP) Purchased by Tema Etfs LLC

Tema Etfs LLC acquired a new stake in Union Pacific Co. (NYSE:UNP - Free Report) in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 7,413 shares of the railroad operator's stock, valued at approximately $1,690,000.

Other hedge funds also recently modified their holdings of the company. Geode Capital Management LLC raised its position in shares of Union Pacific by 12.6% during the fourth quarter. Geode Capital Management LLC now owns 14,430,581 shares of the railroad operator's stock valued at $3,282,305,000 after buying an additional 1,616,895 shares during the last quarter. Capital Research Global Investors raised its stake in shares of Union Pacific by 14.3% in the fourth quarter. Capital Research Global Investors now owns 10,395,364 shares of the railroad operator's stock valued at $2,370,559,000 after acquiring an additional 1,298,178 shares during the last quarter. Norges Bank acquired a new position in Union Pacific in the fourth quarter worth $1,927,377,000. Franklin Resources Inc. lifted its position in Union Pacific by 5.0% during the 4th quarter. Franklin Resources Inc. now owns 7,686,387 shares of the railroad operator's stock worth $1,752,804,000 after buying an additional 363,937 shares in the last quarter. Finally, Northern Trust Corp grew its stake in shares of Union Pacific by 15.2% during the fourth quarter. Northern Trust Corp now owns 6,962,650 shares of the railroad operator's stock valued at $1,587,763,000 after purchasing an additional 920,414 shares during the last quarter. 80.38% of the stock is owned by institutional investors.

Union Pacific Stock Performance

Shares of UNP traded down $4.60 on Wednesday, reaching $223.73. 2,183,560 shares of the company's stock traded hands, compared to its average volume of 2,643,952. The stock's 50 day simple moving average is $223.88 and its two-hundred day simple moving average is $233.63. The stock has a market cap of $133.67 billion, a PE ratio of 20.17, a PEG ratio of 2.15 and a beta of 1.07. Union Pacific Co. has a 52-week low of $204.66 and a 52-week high of $258.07. The company has a current ratio of 0.77, a quick ratio of 0.62 and a debt-to-equity ratio of 1.76.

Union Pacific (NYSE:UNP - Get Free Report) last released its earnings results on Thursday, April 24th. The railroad operator reported $2.70 EPS for the quarter, missing analysts' consensus estimates of $2.73 by ($0.03). The business had revenue of $6.03 billion for the quarter, compared to the consensus estimate of $6.11 billion. Union Pacific had a return on equity of 41.12% and a net margin of 27.82%. The company's revenue for the quarter was down .1% on a year-over-year basis. During the same quarter in the previous year, the firm earned $2.69 earnings per share. On average, analysts forecast that Union Pacific Co. will post 11.99 earnings per share for the current fiscal year.

Union Pacific Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, June 30th. Stockholders of record on Friday, May 30th will be given a dividend of $1.34 per share. This represents a $5.36 dividend on an annualized basis and a dividend yield of 2.40%. The ex-dividend date of this dividend is Friday, May 30th. Union Pacific's dividend payout ratio is currently 48.29%.

Analysts Set New Price Targets

Several equities research analysts have recently commented on UNP shares. Citigroup raised Union Pacific from a "neutral" rating to a "buy" rating and lowered their target price for the company from $260.00 to $244.00 in a research note on Tuesday, April 8th. Redburn Atlantic raised 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. Robert W. Baird upped their price target on shares of Union Pacific from $260.00 to $265.00 and gave the company an "outperform" rating in a report on Friday, January 24th. Barclays dropped their target price on Union Pacific from $285.00 to $260.00 and set an "overweight" rating on the stock in a research report on Friday, April 25th. Finally, BMO Capital Markets raised their price objective on Union Pacific from $275.00 to $277.00 and gave the company an "outperform" rating in a report on Friday, January 24th. One research analyst has rated the stock with a sell rating, six have issued a hold rating, fifteen have issued a buy rating and two have given a strong buy rating to the company. Based on data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average target price of $257.50.

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.