Union Pacific Corporation (NYSE:UNP) Shares Acquired by Amalgamated Bank

Amalgamated Bank boosted its position in Union Pacific Corporation (NYSE:UNP - Free Report) by 1.8% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 123,510 shares of the railroad operator's stock after buying an additional 2,237 shares during the quarter. Amalgamated Bank's holdings in Union Pacific were worth $29,178,000 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 company. Fiduciary Trust Co lifted its stake in shares of Union Pacific by 2.8% in the fourth quarter. Fiduciary Trust Co now owns 102,213 shares of the railroad operator's stock worth $23,309,000 after acquiring an additional 2,807 shares in the last quarter. Sherbrooke Park Advisers LLC acquired a new position in shares of Union Pacific in the 4th quarter valued at approximately $781,000. Miramar Capital LLC boosted its stake in shares of Union Pacific by 3.1% during the 4th quarter. Miramar Capital LLC now owns 54,564 shares of the railroad operator's stock valued at $12,443,000 after buying an additional 1,648 shares during the last quarter. Capital Advisors Ltd. LLC grew its position in shares of Union Pacific by 11.9% during the first quarter. Capital Advisors Ltd. LLC now owns 1,952 shares of the railroad operator's stock worth $461,000 after buying an additional 207 shares in the last quarter. Finally, Argentarii LLC acquired a new stake in shares of Union Pacific during the fourth quarter worth approximately $1,005,000. Institutional investors and hedge funds own 80.38% of the company's stock.

Analysts Set New Price Targets

Several research analysts have weighed in on the stock. Stephens decreased their price objective on shares of Union Pacific from $275.00 to $255.00 and set an "overweight" rating for the company in a report on Monday, April 28th. The Goldman Sachs Group reiterated a "neutral" rating and issued a $263.00 price target on shares of Union Pacific in a research note on Monday, June 2nd. Barclays cut their price objective on Union Pacific from $285.00 to $260.00 and set an "overweight" rating on the stock in a research note on Friday, April 25th. Jefferies Financial Group decreased their target price on Union Pacific from $255.00 to $230.00 and set a "hold" rating for the company in a research report on Wednesday, April 9th. Finally, Raymond James Financial reissued a "strong-buy" rating on shares of Union Pacific in a research report on Friday, April 25th. One equities research analyst has rated the stock with a sell rating, six have given a hold rating, sixteen have given a buy rating and two have given a strong buy rating to the stock. According to data from MarketBeat, the stock has an average rating of "Moderate Buy" and an average price target of $258.39.

Union Pacific Trading Up 0.9%

Shares of Union Pacific stock opened at $231.36 on Monday. Union Pacific Corporation has a 12-month low of $100.00 and a 12-month high of $258.07. The stock has a market capitalization of $138.23 billion, a P/E ratio of 20.84, a price-to-earnings-growth ratio of 2.32 and a beta of 1.05. The company has a 50-day simple moving average of $222.11 and a 200 day simple moving average of $230.68. The company has a quick ratio of 0.61, a current ratio of 0.73 and a debt-to-equity ratio of 1.91.

Union Pacific (NYSE:UNP - Get Free Report) last issued its quarterly earnings data on Thursday, April 24th. The railroad operator reported $2.70 earnings per share (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 the consensus estimate of $6.11 billion. During the same quarter in the previous year, the firm posted $2.69 EPS. The company's revenue for the quarter was down .1% compared to the same quarter last year. Research analysts expect that Union Pacific Corporation will post 11.99 earnings per share for the current fiscal year.

Union Pacific Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, June 30th. Investors of record on Friday, May 30th will be issued a $1.34 dividend. The ex-dividend date is Friday, May 30th. This represents a $5.36 annualized dividend and a yield of 2.32%. Union Pacific's dividend payout ratio is currently 48.29%.

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.

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