Morningstar Investment Services LLC lowered its holdings in Union Pacific Corporation (NYSE:UNP) by 97.0% in the second quarter, according to the company in its most recent disclosure with the SEC. The firm owned 2,906 shares of the railroad operator’s stock after selling 95,341 shares during the quarter. Morningstar Investment Services LLC’s holdings in Union Pacific Corporation were worth $316,000 as of its most recent filing with the SEC.

A number of other institutional investors have also added to or reduced their stakes in the business. State Street Corp lifted its holdings in Union Pacific Corporation by 0.4% in the first quarter. State Street Corp now owns 34,686,206 shares of the railroad operator’s stock valued at $3,673,956,000 after acquiring an additional 127,803 shares during the period. First Eagle Investment Management LLC lifted its holdings in Union Pacific Corporation by 2.8% in the first quarter. First Eagle Investment Management LLC now owns 5,956,119 shares of the railroad operator’s stock valued at $630,872,000 after acquiring an additional 163,532 shares during the period. Legal & General Group Plc lifted its holdings in Union Pacific Corporation by 3.6% in the first quarter. Legal & General Group Plc now owns 4,365,934 shares of the railroad operator’s stock valued at $462,450,000 after acquiring an additional 150,498 shares during the period. Ameriprise Financial Inc. lifted its holdings in Union Pacific Corporation by 21.6% in the first quarter. Ameriprise Financial Inc. now owns 2,996,965 shares of the railroad operator’s stock valued at $317,475,000 after acquiring an additional 531,917 shares during the period. Finally, Swiss National Bank lifted its holdings in Union Pacific Corporation by 25.9% in the first quarter. Swiss National Bank now owns 2,920,172 shares of the railroad operator’s stock valued at $309,305,000 after acquiring an additional 600,300 shares during the period. 78.33% of the stock is owned by institutional investors.

UNP has been the subject of a number of recent analyst reports. BidaskClub downgraded Union Pacific Corporation from a “hold” rating to a “sell” rating in a report on Thursday, July 27th. Zacks Investment Research raised Union Pacific Corporation from a “hold” rating to a “buy” rating and set a $122.00 target price for the company in a report on Thursday, July 13th. Morgan Stanley reissued an “overweight” rating and issued a $102.00 target price (up previously from $100.00) on shares of Union Pacific Corporation in a report on Monday, July 10th. Off Wall Street initiated coverage on Union Pacific Corporation in a report on Tuesday. They issued a “sell” rating for the company. Finally, Deutsche Bank AG downgraded Union Pacific Corporation from a “buy” rating to a “hold” rating and reduced their target price for the company from $132.00 to $110.00 in a report on Friday, July 21st. Three investment analysts have rated the stock with a sell rating, fourteen have assigned a hold rating and five have given a buy rating to the stock. Union Pacific Corporation presently has a consensus rating of “Hold” and an average price target of $113.36.

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Union Pacific Corporation (NYSE:UNP) opened at 112.01 on Friday. The company has a 50-day moving average of $111.86 and a 200 day moving average of $108.64. The firm has a market cap of $89.65 billion, a P/E ratio of 20.31 and a beta of 0.84. Union Pacific Corporation has a 52 week low of $87.06 and a 52 week high of $116.93.

Union Pacific Corporation (NYSE:UNP) last announced its earnings results on Thursday, July 20th. The railroad operator reported $1.45 EPS for the quarter, beating the consensus estimate of $1.39 by $0.06. Union Pacific Corporation had a return on equity of 22.70% and a net margin of 21.79%. The business had revenue of $5.25 billion during the quarter, compared to the consensus estimate of $5.19 billion. During the same period in the prior year, the business posted $1.17 earnings per share. Union Pacific Corporation’s revenue was up 10.1% compared to the same quarter last year. On average, equities analysts predict that Union Pacific Corporation will post $5.76 earnings per share for the current year.

The business also recently announced a quarterly dividend, which was paid on Friday, September 29th. Stockholders of record on Thursday, August 31st were issued a dividend of $0.605 per share. This represents a $2.42 annualized dividend and a dividend yield of 2.16%. The ex-dividend date of this dividend was Tuesday, August 29th. Union Pacific Corporation’s dividend payout ratio is 43.84%.

Union Pacific Corporation 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.

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

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