Mitsubishi UFJ Asset Management Co. Ltd. Has $149.80 Million Stock Position in Union Pacific Co. (NYSE:UNP)

Mitsubishi UFJ Asset Management Co. Ltd. raised its holdings in Union Pacific Co. (NYSE:UNP - Free Report) by 6.7% in the 4th quarter, according to its most recent 13F filing with the SEC. The fund owned 619,773 shares of the railroad operator's stock after acquiring an additional 38,846 shares during the period. Mitsubishi UFJ Asset Management Co. Ltd. owned 0.10% of Union Pacific worth $149,799,000 at the end of the most recent reporting period.

A number of other large investors also recently made changes to their positions in UNP. Valued Wealth Advisors LLC purchased a new stake in Union Pacific during the 4th quarter worth $28,000. Stuart Chaussee & Associates Inc. acquired a new stake in shares of Union Pacific in the 4th quarter valued at about $36,000. USA Financial Formulas lifted its position in shares of Union Pacific by 219.6% during the fourth quarter. USA Financial Formulas now owns 179 shares of the railroad operator's stock worth $44,000 after purchasing an additional 123 shares during the last quarter. Fortitude Family Office LLC acquired a new position in Union Pacific in the fourth quarter worth about $44,000. Finally, AJOVista LLC bought a new stake in Union Pacific in the fourth quarter valued at about $100,000. Hedge funds and other institutional investors own 80.38% of the company's stock.

Union Pacific Stock Up 0.7 %

Shares of UNP traded up $1.62 during mid-day trading on Wednesday, reaching $246.56. The company's stock had a trading volume of 1,769,233 shares, compared to its average volume of 2,245,720. Union Pacific Co. has a 1 year low of $190.71 and a 1 year high of $258.66. The company has a quick ratio of 0.76, a current ratio of 0.93 and a debt-to-equity ratio of 1.99. The company has a market cap of $150.43 billion, a price-to-earnings ratio of 23.48, a price-to-earnings-growth ratio of 2.60 and a beta of 1.06. The business has a fifty day moving average of $241.73 and a 200 day moving average of $238.26.

Union Pacific (NYSE:UNP - Get Free Report) last announced its quarterly earnings data on Thursday, April 25th. The railroad operator reported $2.69 EPS for the quarter, topping analysts' consensus estimates of $2.50 by $0.19. Union Pacific had a return on equity of 44.34% and a net margin of 26.52%. The firm had revenue of $6.03 billion during the quarter, compared to analyst estimates of $5.97 billion. During the same period last year, the company posted $2.67 EPS. The business's quarterly revenue was down .4% compared to the same quarter last year. As a group, analysts forecast that Union Pacific Co. will post 11.24 earnings per share for the current fiscal year.

Union Pacific Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, June 28th. Stockholders of record on Friday, May 31st will be paid a $1.30 dividend. This represents a $5.20 dividend on an annualized basis and a dividend yield of 2.11%. The ex-dividend date is Friday, May 31st. Union Pacific's dividend payout ratio (DPR) is presently 49.62%.

Insider Activity at Union Pacific

In other Union Pacific news, President Elizabeth F. Whited sold 3,750 shares of the company's stock in a transaction dated Thursday, February 15th. The stock was sold at an average price of $250.00, for a total value of $937,500.00. Following the transaction, the president now directly owns 56,682 shares of the company's stock, valued at approximately $14,170,500. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Insiders own 0.26% of the company's stock.

Analysts Set New Price Targets

Several research analysts have recently commented on UNP shares. JPMorgan Chase & Co. lifted their target price on Union Pacific from $237.00 to $243.00 and gave the stock a "neutral" rating in a research report on Tuesday, April 9th. Morgan Stanley raised their price target on shares of Union Pacific from $198.00 to $210.00 and gave the stock an "equal weight" rating in a research report on Friday, April 26th. Evercore ISI boosted their price objective on shares of Union Pacific from $271.00 to $273.00 and gave the company an "outperform" rating in a research report on Friday, April 26th. TD Cowen lifted their target price on Union Pacific from $252.00 to $258.00 and gave the company a "buy" rating in a research note on Friday, April 26th. Finally, Jefferies Financial Group began coverage on Union Pacific in a report on Monday, April 8th. They issued a "hold" rating and a $250.00 price target on the stock. Six investment analysts have rated the stock with a hold rating, fourteen have issued a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $259.61.

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.