Union Pacific Corporation (NYSE:UNP) Shares Sold by Nisa Investment Advisors LLC

Nisa Investment Advisors LLC lessened its holdings in shares of Union Pacific Corporation (NYSE:UNP - Free Report) by 4.2% during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund 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 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Fiduciary Trust Co boosted its position in shares of Union Pacific by 2.8% during the 4th quarter. Fiduciary Trust Co now owns 102,213 shares of the railroad operator's stock valued at $23,309,000 after acquiring an additional 2,807 shares during the last quarter. Sherbrooke Park Advisers LLC acquired a new position in shares of Union Pacific during the 4th quarter valued at about $781,000. Meadow Creek Wealth Advisors LLC boosted its position in shares of Union Pacific by 10.9% during the 1st quarter. Meadow Creek Wealth Advisors LLC now owns 3,666 shares of the railroad operator's stock valued at $866,000 after acquiring an additional 359 shares during the last quarter. GAMMA Investing LLC boosted its position in shares of Union Pacific by 16.8% during the 1st quarter. GAMMA Investing LLC now owns 10,545 shares of the railroad operator's stock valued at $2,491,000 after acquiring an additional 1,520 shares during the last quarter. Finally, Truist Financial Corp boosted its position in shares of Union Pacific by 2.7% during the 1st quarter. Truist Financial Corp now owns 968,061 shares of the railroad operator's stock valued at $228,695,000 after acquiring an additional 25,900 shares during the last quarter. Institutional investors and hedge funds own 80.38% of the company's stock.

Analyst Ratings Changes

Several research analysts have recently weighed in on the stock. Bank of America boosted their price target on shares of Union Pacific from $256.00 to $262.00 and gave the company a "buy" rating in a research report on Friday, May 16th. The Goldman Sachs Group reissued a "neutral" rating and set a $263.00 price target on shares of Union Pacific in a research report on Monday, June 2nd. Citigroup boosted their price objective on shares of Union Pacific from $244.00 to $270.00 and gave the company a "buy" rating in a report on Wednesday. Argus upgraded shares of Union Pacific to a "strong-buy" rating in a report on Friday, May 16th. Finally, Barclays boosted their price objective on shares of Union Pacific from $260.00 to $270.00 and gave the company an "overweight" rating in a report on Thursday. One analyst has rated the stock with a sell rating, nine have given a hold rating, fifteen have given a buy rating and two have assigned a strong buy rating to the stock. According to MarketBeat, the company has an average rating of "Moderate Buy" and an average price target of $256.63.

Union Pacific Stock Up 0.2%

Shares of UNP stock traded up $0.51 during trading hours on Thursday, reaching $237.00. 2,630,094 shares of the stock were exchanged, compared to its average volume of 2,733,115. The business's fifty day moving average is $225.77 and its two-hundred day moving average is $231.10. The company has a debt-to-equity ratio of 1.91, a current ratio of 0.73 and a quick ratio of 0.61. Union Pacific Corporation has a 12-month low of $204.66 and a 12-month high of $258.07. The firm has a market capitalization of $141.60 billion, a P/E ratio of 21.35, a P/E/G ratio of 2.38 and a beta of 1.05.

Union Pacific (NYSE:UNP - Get Free Report) last announced its quarterly 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 during the quarter, compared to analysts' expectations of $6.11 billion. Union Pacific had a net margin of 27.76% and a return on equity of 40.80%. The business's revenue for the quarter was down .1% on a year-over-year basis. During the same quarter in the prior year, the company earned $2.69 earnings per share. As a group, research analysts expect that Union Pacific Corporation will post 11.99 EPS for the current fiscal year.

Union Pacific Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, June 30th. Shareholders 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 yield of 2.26%. 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.