Mirae Asset Global Investments Co. Ltd. Purchases 11,881 Shares of Union Pacific Corporation (NYSE:UNP)

Mirae Asset Global Investments Co. Ltd. increased its stake in Union Pacific Corporation (NYSE:UNP - Free Report) by 21.5% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 67,123 shares of the railroad operator's stock after purchasing an additional 11,881 shares during the quarter. Mirae Asset Global Investments Co. Ltd.'s holdings in Union Pacific were worth $15,583,000 at the end of the most recent quarter.

A number of other large investors have also added to or reduced their stakes in the stock. Fiduciary Trust Co grew its position in Union Pacific by 2.8% during the fourth quarter. Fiduciary Trust Co now owns 102,213 shares of the railroad operator's stock valued at $23,309,000 after buying an additional 2,807 shares during the period. Sherbrooke Park Advisers LLC purchased a new position in shares of Union Pacific during the 4th quarter worth $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 worth $12,443,000 after acquiring 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 1st quarter. Capital Advisors Ltd. LLC now owns 1,952 shares of the railroad operator's stock valued at $461,000 after acquiring an additional 207 shares during the period. Finally, Argentarii LLC purchased a new stake in shares of Union Pacific in the 4th quarter worth $1,005,000. Institutional investors own 80.38% of the company's stock.

Analyst Ratings Changes

Several research firms recently weighed in on UNP. Citigroup upgraded 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 report on Tuesday, April 8th. Robert W. Baird initiated coverage on Union Pacific in a research report on Tuesday. They set a "neutral" rating and a $231.00 price objective on the stock. Barclays cut their price objective on Union Pacific from $285.00 to $260.00 and set an "overweight" rating for the company in a research note on Friday, April 25th. UBS Group lowered their price target on shares of Union Pacific from $255.00 to $245.00 and set a "neutral" rating on the stock in a report on Wednesday, April 2nd. Finally, Wells Fargo & Company reduced their price objective on shares of Union Pacific from $265.00 to $260.00 and set an "overweight" rating for the company in a research note on Thursday, March 27th. One research analyst has rated the stock with a sell rating, eight have given a hold rating, fifteen have assigned a buy rating and two have assigned a strong buy rating to the company's stock. According to MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average price target of $256.91.

Union Pacific Trading Down 0.3%

UNP traded down $0.72 on Thursday, hitting $236.45. The company had a trading volume of 1,327,641 shares, compared to its average volume of 3,035,647. Union Pacific Corporation has a 12-month low of $204.66 and a 12-month high of $258.07. The company has a quick ratio of 0.61, a current ratio of 0.73 and a debt-to-equity ratio of 1.91. The business's fifty day simple moving average is $223.12 and its 200 day simple moving average is $230.72. The company has a market cap of $141.27 billion, a PE ratio of 21.30, a PEG ratio of 2.37 and a beta of 1.05.

Union Pacific (NYSE:UNP - Get Free Report) last released its earnings results 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). The firm had revenue of $6.03 billion during the quarter, compared to the consensus estimate of $6.11 billion. Union Pacific had a return on equity of 40.80% and a net margin of 27.76%. Union Pacific's revenue was down .1% compared to the same quarter last year. During the same quarter last year, the business posted $2.69 EPS. Equities research analysts expect that Union Pacific Corporation will post 11.99 EPS for the current year.

Union Pacific Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Monday, June 30th. Stockholders of record on Friday, May 30th were paid a dividend of $1.34 per share. This represents a $5.36 dividend on an annualized basis and a dividend yield of 2.27%. The ex-dividend date was Friday, May 30th. Union Pacific's dividend payout ratio is currently 48.29%.

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.