Tokio Marine Asset Management Co. Ltd. Has $9.04 Million Stock Holdings in Union Pacific Corporation (NYSE:UNP)

Key Points

• Tokio Marine Asset Management Co. Ltd. increased its holdings in Union Pacific Corporation by 3.9%, acquiring an additional 1,449 shares, bringing their total to 38,247 shares valued at $9,035,000.
• Union Pacific recently announced a quarterly dividend increase from $1.34 to $1.38 per share, resulting in an annualized dividend of $5.52 and a yield of 2.5%.
• The company's latest earnings report showed a 2.4% year-over-year revenue increase, with earnings of $3.03 per share, surpassing analysts' expectations of $2.84.

Tokio Marine Asset Management Co. Ltd. lifted its position in Union Pacific Corporation (NYSE:UNP - Free Report) by 3.9% during the 1st quarter, according to the company in its most recent filing with the SEC. The fund owned 38,247 shares of the railroad operator's stock after purchasing an additional 1,449 shares during the quarter. Tokio Marine Asset Management Co. Ltd.'s holdings in Union Pacific were worth $9,035,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in the company. Allred Capital Management LLC grew its holdings in shares of Union Pacific by 0.5% in the 4th 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 grew its holdings in shares of Union Pacific by 38.8% in the 4th 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 grew its holdings in shares of Union Pacific by 1.6% in the 4th 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 grew its holdings in shares of Union Pacific by 1.7% in the 1st 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 grew its holdings in shares of Union Pacific by 1.6% in the 1st 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. Institutional investors own 80.38% of the company's stock.

Analysts Set New Price Targets

Several brokerages recently issued reports on UNP. BMO Capital Markets upped their price target on shares of Union Pacific from $270.00 to $277.00 and gave the stock an "outperform" rating in a research report on Friday, July 25th. Barclays downgraded shares of Union Pacific from an "overweight" rating to an "equal weight" rating in a research report on Wednesday, July 30th. Bank of America upped their price target on shares of Union Pacific from $256.00 to $262.00 and gave the stock a "buy" rating in a research report on Friday, May 16th. Baird R W upgraded shares of Union Pacific to a "hold" rating in a research report on Tuesday, July 1st. Finally, UBS Group upped their price target on shares of Union Pacific from $238.00 to $240.00 and gave the stock a "neutral" rating in a research report on Friday, July 25th. One investment analyst has rated the stock with a sell rating, twelve have assigned a hold rating, fourteen have given a buy rating and one has issued a strong buy rating to the company's stock. According to data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $258.21.

Union Pacific Trading Down 0.7%

Union Pacific stock traded down $1.56 during trading hours on Thursday, reaching $221.62. 6,245,623 shares of the company's stock traded hands, compared to its average volume of 5,492,426. The company has a debt-to-equity ratio of 1.86, a quick ratio of 0.53 and a current ratio of 0.65. Union Pacific Corporation has a fifty-two week low of $204.66 and a fifty-two week high of $258.07. The firm has a market capitalization of $131.43 billion, a price-to-earnings ratio of 19.25, a PEG ratio of 2.17 and a beta of 1.05. The firm's 50 day moving average is $227.11 and its 200-day moving average is $229.77.

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, beating analysts' consensus estimates of $2.84 by $0.19. The business had revenue of $6.15 billion for the quarter, compared to the consensus estimate of $6.09 billion. Union Pacific had a net margin of 28.43% and a return on equity of 41.73%. Union Pacific's revenue for the quarter was up 2.4% on a year-over-year basis. During the same period last year, the company posted $2.74 EPS. On average, analysts predict that Union Pacific Corporation will post 11.99 earnings per share for the current year.

Union Pacific Increases Dividend

The company 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 $1.38 dividend. The ex-dividend date is Friday, August 29th. This represents a $5.52 dividend on an annualized basis and a dividend yield of 2.5%. This is a positive change from Union Pacific's previous quarterly dividend of $1.34. Union Pacific's dividend payout ratio is 46.57%.

Union Pacific 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.