Bridgewater Associates LP purchased a new position in shares of Union Pacific Corporation (NYSE:UNP) in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 15,025 shares of the railroad operator’s stock, valued at approximately $1,636,000.

Several other institutional investors also recently added to or reduced their stakes in the company. Advantage Investment Management LLC raised its position in Union Pacific Corporation by 263.7% in the first quarter. Advantage Investment Management LLC now owns 953 shares of the railroad operator’s stock worth $101,000 after acquiring an additional 691 shares in the last quarter. Mark Sheptoff Financial Planning LLC raised its position in Union Pacific Corporation by 96.3% in the first quarter. Mark Sheptoff Financial Planning LLC now owns 1,021 shares of the railroad operator’s stock worth $108,000 after acquiring an additional 501 shares in the last quarter. Proficio Capital Partners LLC raised its position in Union Pacific Corporation by 36.3% in the first quarter. Proficio Capital Partners LLC now owns 1,028 shares of the railroad operator’s stock worth $111,000 after acquiring an additional 274 shares in the last quarter. Mitsubishi UFJ Securities Holdings Co. Ltd. raised its position in Union Pacific Corporation by 46.6% in the second quarter. Mitsubishi UFJ Securities Holdings Co. Ltd. now owns 1,070 shares of the railroad operator’s stock worth $117,000 after acquiring an additional 340 shares in the last quarter. Finally, SRS Capital Advisors Inc. raised its position in Union Pacific Corporation by 147.2% in the first quarter. SRS Capital Advisors Inc. now owns 1,152 shares of the railroad operator’s stock worth $122,000 after acquiring an additional 686 shares in the last quarter. Institutional investors and hedge funds own 79.80% of the company’s stock.

Shares of Union Pacific Corporation (NYSE:UNP) opened at $117.86 on Thursday. The company has a quick ratio of 0.97, a current ratio of 1.16 and a debt-to-equity ratio of 0.83. Union Pacific Corporation has a 52 week low of $100.10 and a 52 week high of $119.71. The stock has a market capitalization of $92,780.00, a PE ratio of 20.50, a price-to-earnings-growth ratio of 1.88 and a beta of 0.87.

Union Pacific Corporation (NYSE:UNP) last issued its quarterly earnings results on Thursday, October 26th. The railroad operator reported $1.50 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.49 by $0.01. Union Pacific Corporation had a return on equity of 23.35% and a net margin of 21.84%. The firm had revenue of $5.41 billion for the quarter, compared to analyst estimates of $5.32 billion. During the same period last year, the company earned $1.36 EPS. The firm’s quarterly revenue was up 4.5% on a year-over-year basis. equities analysts predict that Union Pacific Corporation will post 5.78 earnings per share for the current year.

The firm also recently declared a quarterly dividend, which will be paid on Thursday, December 28th. Shareholders of record on Thursday, November 30th will be paid a $0.665 dividend. This represents a $2.66 dividend on an annualized basis and a yield of 2.26%. This is a positive change from Union Pacific Corporation’s previous quarterly dividend of $0.61. The ex-dividend date of this dividend is Wednesday, November 29th. Union Pacific Corporation’s dividend payout ratio (DPR) is presently 42.83%.

Several research analysts have issued reports on UNP shares. Zacks Investment Research cut Union Pacific Corporation from a “buy” rating to a “hold” rating in a research report on Thursday, November 2nd. Aegis lowered Union Pacific Corporation from a “buy” rating to a “hold” rating and upped their target price for the company from $120.00 to $122.00 in a report on Tuesday, October 10th. BMO Capital Markets upped their target price on Union Pacific Corporation from $123.00 to $127.00 and gave the company an “outperform” rating in a report on Friday, October 27th. Morgan Stanley upped their target price on Union Pacific Corporation from $100.00 to $104.00 and gave the company an “equal weight” rating in a report on Tuesday, October 31st. Finally, Royal Bank Of Canada reissued a “hold” rating and issued a $124.00 target price on shares of Union Pacific Corporation in a report on Thursday, November 9th. Four research analysts have rated the stock with a sell rating, sixteen have assigned a hold rating and four have assigned a buy rating to the stock. The company has a consensus rating of “Hold” and an average price target of $117.59.

COPYRIGHT VIOLATION WARNING: “15,025 Shares in Union Pacific Corporation (UNP) Acquired by Bridgewater Associates LP” was reported by The Cerbat Gem and is the property of of The Cerbat Gem. If you are accessing this news story on another publication, it was illegally copied and reposted in violation of international trademark & copyright laws. The original version of this news story can be read at https://www.thecerbatgem.com/2017/11/23/15025-shares-in-union-pacific-corporation-unp-acquired-by-bridgewater-associates-lp.html.

About Union Pacific Corporation

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.

Want to see what other hedge funds are holding UNP? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Union Pacific Corporation (NYSE:UNP).

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

Receive News & Stock Ratings for Union Pacific Corporation Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Union Pacific Corporation and related stocks with our FREE daily email newsletter.