Ameriprise Financial Inc. Has $1.80 Billion Stock Position in Union Pacific Co. (NYSE:UNP)

Ameriprise Financial Inc. lessened its holdings in Union Pacific Co. (NYSE:UNP - Free Report) by 11.4% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 7,872,443 shares of the railroad operator's stock after selling 1,009,688 shares during the period. Ameriprise Financial Inc. owned approximately 1.30% of Union Pacific worth $1,795,221,000 at the end of the most recent quarter.

Other hedge funds have also recently added to or reduced their stakes in the company. Compass Financial Services Inc acquired a new stake in shares of Union Pacific during the fourth quarter worth approximately $25,000. Synergy Asset Management LLC bought a new stake in shares of Union Pacific during the fourth quarter worth $29,000. EnRich Financial Partners LLC acquired a new stake in shares of Union Pacific in the fourth quarter valued at $31,000. PrairieView Partners LLC bought a new position in shares of Union Pacific in the fourth quarter valued at about $34,000. Finally, Strategic Investment Solutions Inc. IL lifted its position in Union Pacific by 38.8% during the 4th quarter. Strategic Investment Solutions Inc. IL now owns 161 shares of the railroad operator's stock worth $39,000 after buying an additional 45 shares in the last quarter. Institutional investors and hedge funds own 80.38% of the company's stock.

Union Pacific Stock Down 1.5 %

Shares of NYSE:UNP traded down $3.26 during midday trading on Tuesday, hitting $213.27. The stock had a trading volume of 2,264,258 shares, compared to its average volume of 2,592,906. The company has a quick ratio of 0.62, a current ratio of 0.77 and a debt-to-equity ratio of 1.76. The business's 50-day simple moving average is $227.40 and its 200-day simple moving average is $234.26. The company has a market cap of $127.43 billion, a P/E ratio of 19.23, a PEG ratio of 2.15 and a beta of 1.07. 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 announced 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). Union Pacific had a return on equity of 41.12% and a net margin of 27.82%. The business had revenue of $6.03 billion for the quarter, compared to analyst estimates of $6.11 billion. During the same period last year, the firm earned $2.69 EPS. Union Pacific's quarterly revenue was down .1% compared to the same quarter last year. On average, sell-side analysts forecast that Union Pacific Co. will post 11.99 earnings per share 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 dividend of $1.34 per share. 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 is presently 48.29%.

Analyst Upgrades and Downgrades

A number of equities analysts have weighed in on the stock. Benchmark boosted their target price on shares of Union Pacific from $266.00 to $275.00 and gave the stock a "buy" rating in a research note on Friday, January 24th. Susquehanna dropped their price target on shares of Union Pacific from $255.00 to $245.00 and set a "neutral" rating for the company in a research note on Friday, April 25th. Citigroup raised Union Pacific from a "neutral" rating to a "buy" rating and cut their price target for the company from $260.00 to $244.00 in a research note on Tuesday, April 8th. Loop Capital downgraded shares of Union Pacific from a "hold" rating to a "sell" rating and cut their price target for the company from $265.00 to $200.00 in a research report on Monday, February 3rd. Finally, Robert W. Baird boosted their price objective on shares of Union Pacific from $260.00 to $265.00 and gave the company an "outperform" rating in a report on Friday, January 24th. One research analyst has rated the stock with a sell rating, six have given a hold rating, fifteen have issued a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat, Union Pacific currently has an average rating of "Moderate Buy" and an average price target of $257.86.

Union Pacific 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.