Union Pacific Co. (NYSE:UNP) Shares Purchased by MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd.

MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its stake in shares of Union Pacific Co. (NYSE:UNP - Free Report) by 5.7% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 1,021,923 shares of the railroad operator's stock after buying an additional 54,757 shares during the quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. owned about 0.17% of Union Pacific worth $233,039,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently modified their holdings of UNP. Norges Bank bought a new stake in shares of Union Pacific during the 4th quarter worth $1,927,377,000. Raymond James Financial Inc. purchased a new stake in Union Pacific during the fourth quarter valued at about $1,035,905,000. Geode Capital Management LLC lifted its stake in Union Pacific by 12.6% during the fourth quarter. Geode Capital Management LLC now owns 14,430,581 shares of the railroad operator's stock worth $3,282,305,000 after purchasing an additional 1,616,895 shares during the last quarter. Capital Research Global Investors boosted its holdings in shares of Union Pacific by 14.3% in the 4th quarter. Capital Research Global Investors now owns 10,395,364 shares of the railroad operator's stock worth $2,370,559,000 after purchasing an additional 1,298,178 shares in the last quarter. Finally, Castlekeep Investment Advisors LLC purchased a new position in shares of Union Pacific in the 4th quarter worth about $273,361,000. 80.38% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Several research firms have issued reports on UNP. Deutsche Bank Aktiengesellschaft started coverage on shares of Union Pacific in a research report on Friday, March 7th. They set a "buy" rating and a $295.00 price target for the company. Raymond James restated a "strong-buy" rating on shares of Union Pacific in a research report on Friday, April 25th. Wells Fargo & Company lowered their price target on shares of Union Pacific from $265.00 to $260.00 and set an "overweight" rating for the company in a report on Thursday, March 27th. UBS Group cut their price target on shares of Union Pacific from $255.00 to $245.00 and set a "neutral" rating on the stock in a report on Wednesday, April 2nd. Finally, Stephens decreased their price objective on shares of Union Pacific from $275.00 to $255.00 and set an "overweight" rating on the stock in a research report on Monday, April 28th. One investment analyst has rated the stock with a sell rating, six have given a hold rating, fifteen have given a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $257.86.

Union Pacific Price Performance

NYSE:UNP traded up $2.21 during trading hours on Thursday, hitting $230.55. The company's stock had a trading volume of 2,607,575 shares, compared to its average volume of 2,640,138. The company has a debt-to-equity ratio of 1.76, a quick ratio of 0.62 and a current ratio of 0.77. Union Pacific Co. has a 52-week low of $204.66 and a 52-week high of $258.07. The company has a market capitalization of $137.75 billion, a PE ratio of 20.79, a PEG ratio of 2.15 and a beta of 1.07. The business's 50-day moving average is $224.64 and its two-hundred day moving average is $233.68.

Union Pacific (NYSE:UNP - Get Free Report) last released its quarterly earnings results on Thursday, April 24th. The railroad operator reported $2.70 earnings per share for the quarter, missing analysts' consensus estimates of $2.73 by ($0.03). The company had revenue of $6.03 billion during the quarter, compared to analyst estimates of $6.11 billion. Union Pacific had a return on equity of 41.12% and a net margin of 27.82%. The business's revenue was down .1% compared to the same quarter last year. During the same period last year, the firm earned $2.69 earnings per share. As a group, research analysts anticipate that Union Pacific Co. will post 11.99 EPS for the current fiscal year.

Union Pacific Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, June 30th. Investors of record on Friday, May 30th will be given a $1.34 dividend. This represents a $5.36 annualized dividend and a dividend yield of 2.32%. The ex-dividend date is Friday, May 30th. Union Pacific's dividend payout ratio (DPR) is currently 48.29%.

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.