Nisa Investment Advisors LLC Sells 9,588 Shares of 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 filing with the Securities and Exchange Commission. The institutional investor 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 SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Norges Bank bought a new position in shares of Union Pacific in the 4th quarter valued at $1,927,377,000. GAMMA Investing LLC lifted its position in shares of Union Pacific by 27,502.8% during the 1st 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 boosted its stake in Union Pacific by 12.6% in the fourth quarter. Geode Capital Management LLC now owns 14,430,581 shares of the railroad operator's stock valued at $3,282,305,000 after buying an additional 1,616,895 shares in the last quarter. Capital Research Global Investors grew its position in Union Pacific by 14.3% in the fourth 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 grew its position in 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 acquiring an additional 1,294,643 shares during the last quarter. Institutional investors own 80.38% of the company's stock.

Union Pacific Trading Down 0.8%

Union Pacific stock traded down $1.99 during trading hours on Friday, reaching $235.01. 3,211,722 shares of the company's stock were exchanged, compared to its average volume of 2,743,214. The firm's 50 day simple moving average is $226.11 and its 200 day simple moving average is $231.15. Union Pacific Corporation has a twelve month low of $204.66 and a twelve 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 firm has a market capitalization of $140.41 billion, a PE ratio of 21.17, a PEG ratio of 2.36 and a beta of 1.05.

Union Pacific (NYSE:UNP - Get Free Report) last announced 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 business had revenue of $6.03 billion for the quarter, compared to the consensus estimate of $6.11 billion. Union Pacific had a net margin of 27.76% and a return on equity of 40.80%. The firm's revenue for the quarter was down .1% on a year-over-year basis. During the same quarter in the previous year, the company earned $2.69 EPS. Research analysts predict that Union Pacific Corporation will post 11.99 earnings per share for the current year.

Union Pacific Dividend Announcement

The company also recently announced 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 of this dividend was Friday, May 30th. This represents a $5.36 annualized dividend and a dividend yield of 2.28%. Union Pacific's dividend payout ratio is presently 48.29%.

Analysts Set New Price Targets

A number of equities research analysts have recently weighed in on the stock. Barclays raised their price target on shares of Union Pacific from $260.00 to $270.00 and gave the company an "overweight" rating in a research note on Thursday. Raymond James Financial reissued a "strong-buy" rating on shares of Union Pacific in a research note on Friday, April 25th. Stifel Nicolaus decreased their target price on shares of Union Pacific from $270.00 to $248.00 and set a "buy" rating on the stock in a research note on Monday, April 14th. Robert W. Baird initiated coverage on shares of Union Pacific in a report on Tuesday, July 1st. They set a "neutral" rating and a $231.00 price target for the company. Finally, UBS Group cut their price objective on Union Pacific from $255.00 to $245.00 and set a "neutral" rating on the stock in a report on Wednesday, April 2nd. One equities research analyst has rated the stock with a sell rating, nine have issued a hold rating, fifteen have assigned a buy rating and two have given a strong buy rating to the company. According to data from MarketBeat, Union Pacific presently has a consensus rating of "Moderate Buy" and an average price target of $256.63.

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.