Union Pacific Corporation $UNP Position Lessened by Robeco Institutional Asset Management B.V.

Key Points

• Robeco Institutional Asset Management B.V. trimmed its position by 35.8% in Q4, selling 14,709 shares and leaving 26,419 shares of Union Pacific worth about $6.11 million.
• Union Pacific missed Q4 estimates, reporting EPS of $2.86 versus the $2.92 consensus and revenue of $6.09 billion versus $6.15 billion expected.
• Analysts give the stock an average rating of "Moderate Buy" with an average price target of $267.10 (coverage: 1 Strong Buy, 13 Buy, 8 Hold).

Robeco Institutional Asset Management B.V. trimmed its position in shares of Union Pacific Corporation (NYSE:UNP - Free Report) by 35.8% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 26,419 shares of the railroad operator's stock after selling 14,709 shares during the period. Robeco Institutional Asset Management B.V.'s holdings in Union Pacific were worth $6,111,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also modified their holdings of the company. Successful Portfolios LLC increased its position in Union Pacific by 75.5% during the fourth quarter. Successful Portfolios LLC now owns 3,197 shares of the railroad operator's stock worth $730,000 after buying an additional 1,375 shares during the last quarter. Gibbs Wealth Management increased its position in Union Pacific by 4.7% during the fourth quarter. Gibbs Wealth Management now owns 1,646 shares of the railroad operator's stock worth $376,000 after buying an additional 74 shares during the last quarter. Premier Path Wealth Partners LLC increased its position in Union Pacific by 4.5% during the fourth quarter. Premier Path Wealth Partners LLC now owns 3,974 shares of the railroad operator's stock worth $919,000 after buying an additional 172 shares during the last quarter. Triad Wealth Partners LLC increased its position in Union Pacific by 24.8% during the fourth quarter. Triad Wealth Partners LLC now owns 2,416 shares of the railroad operator's stock worth $559,000 after buying an additional 480 shares during the last quarter. Finally, Spirepoint Private Client LLC increased its position in Union Pacific by 3.3% during the fourth quarter. Spirepoint Private Client LLC now owns 2,081 shares of the railroad operator's stock worth $481,000 after buying an additional 67 shares during the last quarter. 80.38% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several equities analysts have commented on the stock. TD Cowen lowered their target price on shares of Union Pacific from $257.00 to $255.00 and set a "buy" rating on the stock in a research report on Wednesday, January 28th. The Goldman Sachs Group reissued a "neutral" rating and set a $267.00 target price on shares of Union Pacific in a research report on Tuesday, January 27th. Weiss Ratings raised shares of Union Pacific from a "hold (c+)" rating to a "buy (b-)" rating in a research report on Friday, February 6th. Raymond James Financial reissued a "strong-buy" rating on shares of Union Pacific in a research report on Wednesday. Finally, Robert W. Baird set a $311.00 target price on shares of Union Pacific and gave the stock an "outperform" rating in a research report on Friday, March 6th. One analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and eight have issued a Hold rating to the company. According to MarketBeat, the company has an average rating of "Moderate Buy" and an average price target of $267.10.

Insider Activity

In other news, EVP Eric J. Gehringer sold 1,999 shares of the firm's stock in a transaction dated Friday, March 20th. The stock was sold at an average price of $234.93, for a total value of $469,625.07. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Corporate insiders own 0.22% of the company's stock.

Union Pacific Trading Down 1.5%

Shares of NYSE:UNP opened at $248.33 on Thursday. The company has a market cap of $147.36 billion, a P/E ratio of 20.75, a P/E/G ratio of 2.78 and a beta of 0.96. The stock's 50-day moving average is $251.94 and its 200-day moving average is $237.30. Union Pacific Corporation has a 52-week low of $206.63 and a 52-week high of $268.14. The company has a debt-to-equity ratio of 1.64, a quick ratio of 0.75 and a current ratio of 0.91.

Union Pacific (NYSE:UNP - Get Free Report) last issued its quarterly earnings results on Tuesday, January 27th. The railroad operator reported $2.86 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.92 by ($0.06). The business had revenue of $6.09 billion during the quarter, compared to analyst estimates of $6.15 billion. Union Pacific had a net margin of 29.12% and a return on equity of 40.89%. The company's revenue for the quarter was down .6% compared to the same quarter last year. During the same period in the prior year, the business posted $2.91 earnings per share. Equities research analysts predict that Union Pacific Corporation will post 11.99 earnings per share for the current year.

Union Pacific Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, March 31st. Stockholders of record on Friday, February 27th were given a $1.38 dividend. This represents a $5.52 annualized dividend and a dividend yield of 2.2%. The ex-dividend date of this dividend was Friday, February 27th. Union Pacific's dividend payout ratio (DPR) is currently 46.12%.

Union Pacific Profile

Union Pacific Corporation NYSE: UNP is one of the largest freight railroad companies in the United States. Its principal operating subsidiary, Union Pacific Railroad, has roots that trace back to the Pacific Railway Act of 1862 and the construction of the first transcontinental rail link completed in 1869. The company is headquartered in Omaha, Nebraska, and operates as a holding company for rail transportation and related services.

Union Pacific's core business is the movement of freight by rail across an extensive rail network serving the western two‑thirds of the United States.

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