Union Pacific Corporation (NYSE:UNP) Shares Acquired by Teachers Retirement System of The State of Kentucky

Teachers Retirement System of The State of Kentucky raised its stake in Union Pacific Corporation (NYSE:UNP - Free Report) by 3.9% during the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 46,804 shares of the railroad operator's stock after purchasing an additional 1,761 shares during the period. Teachers Retirement System of The State of Kentucky's holdings in Union Pacific were worth $11,057,000 as of its most recent SEC filing.

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

Union Pacific Price Performance

UNP stock opened at $224.90 on Monday. The company has a market cap of $134.37 billion, a PE ratio of 20.26, a price-to-earnings-growth ratio of 2.25 and a beta of 1.05. The company has a current ratio of 0.73, a quick ratio of 0.61 and a debt-to-equity ratio of 1.91. The stock has a 50-day moving average price of $227.52 and a two-hundred day moving average price of $231.19. Union Pacific Corporation has a 12-month low of $204.66 and a 12-month high of $258.07.

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

Union Pacific Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, September 30th. Investors of record on Friday, August 29th will be issued a $1.38 dividend. This is an increase from Union Pacific's previous quarterly dividend of $1.34. This represents a $5.52 annualized dividend and a yield of 2.45%. The ex-dividend date of this dividend is Friday, August 29th. Union Pacific's dividend payout ratio is currently 48.29%.

Analyst Ratings Changes

Several equities analysts have issued reports on the stock. Redburn Atlantic raised 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 note on Wednesday, April 16th. Stifel Nicolaus cut their price target on shares of Union Pacific from $270.00 to $248.00 and set a "buy" rating for the company in a report on Monday, April 14th. Wells Fargo & Company lowered their price objective on Union Pacific from $265.00 to $260.00 and set an "overweight" rating on the stock in a report on Thursday, March 27th. Susquehanna raised Union Pacific from a "neutral" rating to a "positive" rating and increased their target price for the stock from $245.00 to $260.00 in a research note on Tuesday, June 24th. Finally, Citigroup lifted their price target on Union Pacific from $244.00 to $270.00 and gave the company a "buy" rating in a research note on Wednesday, July 9th. One investment analyst has rated the stock with a sell rating, nine have issued a hold rating, fifteen have issued a buy rating and two have assigned a strong buy rating to the company's stock. Based on data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average price target of $257.13.

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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