Voya Investment Management LLC Sells 13,601 Shares of Union Pacific Co. (NYSE:UNP)

Voya Investment Management LLC trimmed its position in Union Pacific Co. (NYSE:UNP - Free Report) by 0.9% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,550,051 shares of the railroad operator's stock after selling 13,601 shares during the period. Voya Investment Management LLC owned approximately 0.26% of Union Pacific worth $353,474,000 at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. Howard Capital Management Group LLC lifted its position in Union Pacific by 16.4% in the 3rd quarter. Howard Capital Management Group LLC now owns 2,860 shares of the railroad operator's stock valued at $705,000 after acquiring an additional 403 shares in the last quarter. Anchor Investment Management LLC increased its position in shares of Union Pacific by 0.6% during the 3rd quarter. Anchor Investment Management LLC now owns 43,071 shares of the railroad operator's stock valued at $10,616,000 after purchasing an additional 276 shares during the last quarter. World Investment Advisors LLC raised its position in Union Pacific by 103.1% in the third quarter. World Investment Advisors LLC now owns 35,581 shares of the railroad operator's stock worth $8,770,000 after acquiring an additional 18,060 shares during the period. Arvest Bank Trust Division bought a new stake in shares of Union Pacific in the 3rd quarter worth approximately $16,680,000. Finally, Wilmington Savings Fund Society FSB lifted its position in shares of Union Pacific by 124.1% during the 3rd quarter. Wilmington Savings Fund Society FSB now owns 52,963 shares of the railroad operator's stock valued at $13,054,000 after buying an additional 29,330 shares during the last quarter. 80.38% of the stock is currently owned by institutional investors.

Union Pacific Price Performance

Shares of UNP traded up $1.15 during midday trading on Tuesday, reaching $213.76. The stock had a trading volume of 1,022,736 shares, compared to its average volume of 2,561,678. The company has a current ratio of 0.77, a quick ratio of 0.62 and a debt-to-equity ratio of 1.76. The company has a market capitalization of $128.11 billion, a price-to-earnings ratio of 19.27, a price-to-earnings-growth ratio of 2.15 and a beta of 1.06. The company's 50-day moving average is $230.98 and its 200 day moving average is $235.43. Union Pacific Co. has a 12-month low of $204.66 and a 12-month high of $258.07.

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

Union Pacific Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Monday, March 31st. Stockholders of record on Friday, February 28th were paid a $1.34 dividend. This represents a $5.36 dividend on an annualized basis and a dividend yield of 2.51%. The ex-dividend date of this dividend was Friday, February 28th. Union Pacific's dividend payout ratio (DPR) is presently 48.29%.

Analysts Set New Price Targets

Several equities analysts have recently weighed in on UNP shares. Wells Fargo & Company reduced their target price on shares of Union Pacific from $265.00 to $260.00 and set an "overweight" rating for the company in a research note on Thursday, March 27th. TD Cowen boosted their target price on shares of Union Pacific from $245.00 to $258.00 and gave the company a "buy" rating in a report on Friday, January 24th. Jefferies Financial Group dropped their target price on Union Pacific from $255.00 to $230.00 and set a "hold" rating on the stock in a research report on Wednesday, April 9th. Susquehanna decreased their price objective on Union Pacific from $255.00 to $245.00 and set a "neutral" rating on the stock in a research note on Friday. Finally, Stephens reduced their target price on Union Pacific from $275.00 to $255.00 and set an "overweight" rating for the company in a report on Monday. One research analyst has rated the stock with a sell rating, six have given a hold rating, fifteen have assigned a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, Union Pacific has an average rating of "Moderate Buy" and an average price target of $257.86.

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.