Nisa Investment Advisors LLC Has $51.92 Million Holdings in Union Pacific Corporation (NYSE:UNP)

Nisa Investment Advisors LLC cut its position in Union Pacific Corporation (NYSE:UNP - Free Report) by 4.2% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 219,775 shares of the railroad operator's stock after selling 9,588 shares during the quarter. Nisa Investment Advisors LLC's holdings in Union Pacific were worth $51,920,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also made changes to their positions in the company. Geode Capital Management LLC boosted its stake in Union Pacific by 12.6% during 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 last quarter. Capital Research Global Investors boosted 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. Norges Bank bought a new position in Union Pacific during the 4th quarter valued at $1,927,377,000. Franklin Resources Inc. boosted its stake 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 valued at $1,752,804,000 after acquiring an additional 363,937 shares during the last quarter. Finally, Northern Trust Corp boosted its stake in Union Pacific by 15.2% during the 4th quarter. Northern Trust Corp now owns 6,962,650 shares of the railroad operator's stock valued at $1,587,763,000 after acquiring an additional 920,414 shares during the last quarter. 80.38% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of research analysts have commented on UNP shares. Argus upgraded shares of Union Pacific to a "strong-buy" rating in a research note on Friday, May 16th. Jefferies Financial Group dropped their target price on shares of Union Pacific from $255.00 to $230.00 and set a "hold" rating on the stock in a report on Wednesday, April 9th. Wells Fargo & Company dropped their target price on shares of Union Pacific from $265.00 to $260.00 and set an "overweight" rating on the stock in a report on Thursday, March 27th. Redburn Atlantic raised shares of Union Pacific from a "neutral" rating to a "buy" rating and set a $259.00 target price on the stock in a report on Wednesday, April 16th. Finally, Sanford C. Bernstein reissued an "outperform" rating and set a $271.00 target price (up from $267.00) on shares of Union Pacific in a report on Tuesday. One research analyst has rated the stock with a sell rating, nine have assigned a hold rating, fifteen have assigned a buy rating and two have given a strong buy rating to the stock. Based on data from MarketBeat, Union Pacific presently has a consensus rating of "Moderate Buy" and a consensus price target of $256.21.

Union Pacific Price Performance

Union Pacific stock traded up $1.73 during trading hours on Thursday, hitting $238.22. 1,193,851 shares of the company traded hands, compared to its average volume of 2,723,980. The firm has a market cap of $142.33 billion, a P/E ratio of 21.47, a P/E/G ratio of 2.38 and a beta of 1.05. 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 firm's 50-day simple moving average is $225.31 and its two-hundred day simple moving average is $231.03. Union Pacific Corporation has a 1-year low of $204.66 and a 1-year high of $258.07.

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 the consensus estimate of $2.73 by ($0.03). The company had revenue of $6.03 billion for the quarter, compared to analyst estimates of $6.11 billion. Union Pacific had a net margin of 27.76% and a return on equity of 40.80%. The firm's quarterly revenue was down .1% on a year-over-year basis. During the same period in the previous year, the business posted $2.69 EPS. As a group, analysts forecast that Union Pacific Corporation will post 11.99 earnings per share for the current fiscal year.

Union Pacific Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Monday, June 30th. Stockholders of record on Friday, May 30th were paid a $1.34 dividend. The ex-dividend date was Friday, May 30th. This represents a $5.36 annualized dividend and a dividend yield of 2.25%. Union Pacific's dividend payout ratio is currently 48.29%.

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.