Union Pacific Co. (NYSE:UNP) Shares Sold by Teacher Retirement System of Texas

Teacher Retirement System of Texas lessened its position in Union Pacific Co. (NYSE:UNP) by 12.6% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 403,637 shares of the railroad operator’s stock after selling 58,020 shares during the period. Teacher Retirement System of Texas owned approximately 0.05% of Union Pacific worth $46,810,000 as of its most recent filing with the SEC.

A number of other large investors have also recently modified their holdings of the business. Gainplan LLC increased its stake in Union Pacific by 0.6% in the second quarter. Gainplan LLC now owns 2,230 shares of the railroad operator’s stock valued at $243,000 after purchasing an additional 13 shares in the last quarter. Advisors Management Group Inc. ADV increased its position in shares of Union Pacific by 0.5% during the second quarter. Advisors Management Group Inc. ADV now owns 3,330 shares of the railroad operator’s stock worth $363,000 after acquiring an additional 17 shares in the last quarter. Highland Private Wealth Management increased its position in shares of Union Pacific by 0.9% during the second quarter. Highland Private Wealth Management now owns 1,996 shares of the railroad operator’s stock worth $217,000 after acquiring an additional 18 shares in the last quarter. Genovese Burford & Brothers Wealth & Retirement Plan Management LLC increased its position in shares of Union Pacific by 0.3% during the second quarter. Genovese Burford & Brothers Wealth & Retirement Plan Management LLC now owns 6,579 shares of the railroad operator’s stock worth $716,000 after acquiring an additional 20 shares in the last quarter. Finally, Janney Capital Management LLC increased its position in shares of Union Pacific by 1.1% during the second quarter. Janney Capital Management LLC now owns 2,158 shares of the railroad operator’s stock worth $235,000 after acquiring an additional 24 shares in the last quarter. 78.56% of the stock is owned by hedge funds and other institutional investors.

Several equities research analysts have recently issued reports on the stock. Zacks Investment Research raised shares of Union Pacific from a “hold” rating to a “buy” rating and set a $157.00 price objective for the company in a research report on Monday, January 15th. Scotiabank set a $150.00 price objective on shares of Union Pacific and gave the stock a “hold” rating in a research report on Thursday, January 11th. Daiwa Capital Markets raised shares of Union Pacific from a “hold” rating to an “outperform” rating in a research report on Thursday, January 11th. BMO Capital Markets restated a “buy” rating and set a $150.00 target price on shares of Union Pacific in a report on Monday, January 8th. Finally, UBS Group upgraded shares of Union Pacific from a “neutral” rating to a “buy” rating in a report on Friday, January 5th. Three equities research analysts have rated the stock with a sell rating, thirteen have given a hold rating and eight have assigned a buy rating to the company. The company currently has an average rating of “Hold” and an average price target of $125.16.

Shares of Union Pacific Co. (NYSE UNP) opened at $141.97 on Tuesday. The company has a market cap of $111,750.00, a price-to-earnings ratio of 25.13, a price-to-earnings-growth ratio of 1.87 and a beta of 0.90. The company has a debt-to-equity ratio of 0.83, a current ratio of 1.16 and a quick ratio of 0.97. Union Pacific Co. has a 12 month low of $101.06 and a 12 month high of $142.19.

Union Pacific (NYSE:UNP) last announced its quarterly earnings results on Thursday, October 26th. The railroad operator reported $1.50 EPS for the quarter, beating analysts’ consensus estimates of $1.49 by $0.01. The firm had revenue of $5.41 billion during the quarter, compared to analysts’ expectations of $5.32 billion. Union Pacific had a net margin of 21.84% and a return on equity of 23.35%. The company’s revenue for the quarter was up 4.5% compared to the same quarter last year. During the same quarter last year, the company posted $1.36 earnings per share. equities research analysts expect that Union Pacific Co. will post 5.79 EPS for the current year.

The company also recently declared a quarterly dividend, which was paid on Thursday, December 28th. Shareholders of record on Thursday, November 30th were paid a $0.665 dividend. The ex-dividend date of this dividend was Wednesday, November 29th. This represents a $2.66 dividend on an annualized basis and a yield of 1.87%. This is a boost from Union Pacific’s previous quarterly dividend of $0.61. Union Pacific’s dividend payout ratio (DPR) is currently 47.08%.

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Union Pacific Profile

Union Pacific Corporation is a railroad operating company in the United States. The Company operates through its principal operating company, Union Pacific Railroad Company (UPRR). Its business mix includes Agricultural Products, Automotive, Chemicals, Coal, Industrial Products and Intermodal. Its freight traffic consists of bulk, manifest, and premium business.

Institutional Ownership by Quarter for Union Pacific (NYSE:UNP)

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