Union Pacific Corporation $UNP Shares Acquired by Mitsubishi UFJ Asset Management Co. Ltd.

Mitsubishi UFJ Asset Management Co. Ltd. lifted its position in Union Pacific Corporation (NYSE:UNP) by 3.8% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 1,191,028 shares of the railroad operator’s stock after acquiring an additional 44,063 shares during the period. Mitsubishi UFJ Asset Management Co. Ltd. owned 0.20% of Union Pacific worth $281,523,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in UNP. Howard Hughes Medical Institute purchased a new position in shares of Union Pacific in the second quarter worth about $30,000. Total Investment Management Inc. purchased a new stake in Union Pacific in the second quarter valued at approximately $31,000. Financial Gravity Companies Inc. acquired a new position in Union Pacific in the 2nd quarter worth approximately $31,000. Access Investment Management LLC purchased a new position in Union Pacific during the 2nd quarter worth approximately $32,000. Finally, Sagard Holdings Management Inc. purchased a new position in Union Pacific during the 2nd quarter worth approximately $33,000. Institutional investors and hedge funds own 80.38% of the company’s stock.

Union Pacific Trading Down 0.8%

UNP stock opened at $264.53 on Thursday. The company’s 50-day simple moving average is $240.85 and its 200-day simple moving average is $230.93. The company has a quick ratio of 0.75, a current ratio of 0.91 and a debt-to-equity ratio of 1.64. Union Pacific Corporation has a 52-week low of $204.66 and a 52-week high of $267.88. The firm has a market cap of $156.97 billion, a P/E ratio of 22.10, a PEG ratio of 2.91 and a beta of 0.98.

Union Pacific (NYSE:UNP) last announced its quarterly earnings results on Tuesday, January 27th. The railroad operator reported $2.86 earnings per share for the quarter, missing the consensus estimate of $2.92 by ($0.06). The business had revenue of $6.09 billion during the quarter, compared to analysts’ expectations of $6.15 billion. Union Pacific had a net margin of 29.12% and a return on equity of 40.89%. Union Pacific’s revenue for the quarter was down .6% on a year-over-year basis. During the same quarter in the prior year, the firm earned $2.91 EPS. As a group, equities analysts forecast that Union Pacific Corporation will post 11.99 EPS for the current fiscal year.

Union Pacific Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, March 31st. Stockholders of record on Friday, February 27th will be given a dividend of $1.38 per share. The ex-dividend date is Friday, February 27th. This represents a $5.52 dividend on an annualized basis and a dividend yield of 2.1%. Union Pacific’s dividend payout ratio (DPR) is 46.12%.

Analyst Upgrades and Downgrades

UNP has been the topic of a number of research reports. BMO Capital Markets reiterated a “market perform” rating and issued a $295.00 price objective on shares of Union Pacific in a research note on Thursday, February 19th. Barclays reaffirmed an “overweight” rating and set a $285.00 price target (up from $270.00) on shares of Union Pacific in a research report on Tuesday, December 16th. Raymond James Financial reiterated a “strong-buy” rating on shares of Union Pacific in a research note on Tuesday, January 27th. JPMorgan Chase & Co. decreased their price objective on Union Pacific from $270.00 to $265.00 and set a “neutral” rating for the company in a report on Wednesday, January 28th. Finally, Royal Bank Of Canada set a $280.00 target price on Union Pacific in a report on Thursday, December 18th. One equities research analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and ten have issued a Hold rating to the stock. Based on data from MarketBeat.com, Union Pacific presently has a consensus rating of “Moderate Buy” and a consensus target price of $260.14.

About Union Pacific

Union Pacific Corporation (NYSE: UNP) is one of the largest freight railroad companies in the United States. Its principal operating subsidiary, Union Pacific Railroad, has roots that trace back to the Pacific Railway Act of 1862 and the construction of the first transcontinental rail link completed in 1869. The company is headquartered in Omaha, Nebraska, and operates as a holding company for rail transportation and related services.

Union Pacific’s core business is the movement of freight by rail across an extensive rail network serving the western two‑thirds of the United States.