Union Pacific Co. (NYSE:UNP) Stock Position Decreased by New York State Common Retirement Fund

New York State Common Retirement Fund cut its stake in shares of Union Pacific Co. (NYSE:UNP - Free Report) by 7.6% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 857,977 shares of the railroad operator's stock after selling 70,707 shares during the quarter. New York State Common Retirement Fund owned 0.14% of Union Pacific worth $210,736,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. Wellington Management Group LLP grew its holdings in shares of Union Pacific by 0.3% during the third quarter. Wellington Management Group LLP now owns 7,261,449 shares of the railroad operator's stock valued at $1,478,649,000 after buying an additional 19,145 shares in the last quarter. Northern Trust Corp grew its holdings in shares of Union Pacific by 4.4% during the third quarter. Northern Trust Corp now owns 6,803,796 shares of the railroad operator's stock valued at $1,385,457,000 after buying an additional 285,988 shares in the last quarter. FMR LLC grew its holdings in shares of Union Pacific by 62.8% during the third quarter. FMR LLC now owns 5,496,708 shares of the railroad operator's stock valued at $1,119,295,000 after buying an additional 2,119,382 shares in the last quarter. Invesco Ltd. grew its holdings in shares of Union Pacific by 18.8% during the third quarter. Invesco Ltd. now owns 5,003,423 shares of the railroad operator's stock valued at $1,018,847,000 after buying an additional 792,896 shares in the last quarter. Finally, Clearbridge Investments LLC grew its holdings in shares of Union Pacific by 108.9% during the third quarter. Clearbridge Investments LLC now owns 4,128,575 shares of the railroad operator's stock valued at $840,702,000 after buying an additional 2,151,893 shares in the last quarter. 80.38% of the stock is owned by institutional investors.

Union Pacific Price Performance

Shares of UNP stock traded up $2.40 during trading hours on Monday, hitting $234.48. The company had a trading volume of 2,200,023 shares, compared to its average volume of 2,310,622. Union Pacific Co. has a 12 month low of $190.37 and a 12 month high of $258.66. The firm has a market capitalization of $143.06 billion, a price-to-earnings ratio of 22.42, a PEG ratio of 2.51 and a beta of 1.07. The firm's fifty day moving average is $245.03 and its 200 day moving average is $234.40. The company has a debt-to-equity ratio of 2.11, a quick ratio of 0.67 and a current ratio of 0.81.

Union Pacific (NYSE:UNP - Get Free Report) last released its quarterly earnings data on Thursday, January 25th. The railroad operator reported $2.71 earnings per share for the quarter, beating the consensus estimate of $2.56 by $0.15. Union Pacific had a return on equity of 46.87% and a net margin of 26.45%. The company had revenue of $6.16 billion for the quarter, compared to analyst estimates of $6.05 billion. During the same period in the prior year, the company posted $2.67 EPS. The company's revenue was down .3% compared to the same quarter last year. On average, sell-side analysts predict that Union Pacific Co. will post 11.01 EPS for the current fiscal year.

Union Pacific Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, March 29th. Stockholders of record on Thursday, February 29th were issued a $1.30 dividend. This represents a $5.20 annualized dividend and a dividend yield of 2.22%. The ex-dividend date was Wednesday, February 28th. Union Pacific's payout ratio is currently 49.71%.

Analyst Ratings Changes

A number of research firms recently issued reports on UNP. Jefferies Financial Group began coverage on Union Pacific in a research report on Monday, April 8th. They set a "hold" rating and a $250.00 price objective for the company. Raymond James lifted their price objective on Union Pacific from $240.00 to $275.00 and gave the company a "strong-buy" rating in a research report on Tuesday, January 16th. TD Cowen lifted their price objective on Union Pacific from $228.00 to $251.00 and gave the company an "outperform" rating in a research report on Friday, January 26th. Benchmark lifted their price objective on Union Pacific from $260.00 to $266.00 and gave the company a "buy" rating in a research report on Wednesday, April 10th. Finally, Stifel Nicolaus lifted their price objective on Union Pacific from $231.00 to $248.00 and gave the company a "hold" rating in a research report on Friday, April 12th. Seven research analysts have rated the stock with a hold rating, eleven have issued a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $255.00.

Insider Transactions at Union Pacific

In other Union Pacific news, President Elizabeth F. Whited sold 3,750 shares of the company's stock in a transaction on Thursday, February 15th. The stock was sold at an average price of $250.00, for a total transaction of $937,500.00. Following the transaction, the president now owns 56,682 shares of the company's stock, valued at approximately $14,170,500. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. 0.26% of the stock is owned by company insiders.

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.

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