New England Asset Management Inc. lifted its stake in shares of Union Pacific Co. (NYSE:UNP) by 20.6% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 12,900 shares of the railroad operator’s stock after buying an additional 2,200 shares during the period. New England Asset Management Inc.’s holdings in Union Pacific were worth $1,405,000 at the end of the most recent quarter.

Several other large investors also recently bought and sold shares of the company. Vanguard Group Inc. lifted its stake in shares of Union Pacific by 1.9% during the second quarter. Vanguard Group Inc. now owns 61,505,708 shares of the railroad operator’s stock worth $6,698,588,000 after buying an additional 1,146,109 shares during the period. BlackRock Inc. lifted its stake in shares of Union Pacific by 0.3% during the second quarter. BlackRock Inc. now owns 50,764,821 shares of the railroad operator’s stock worth $5,528,796,000 after buying an additional 141,521 shares during the period. FMR LLC lifted its stake in shares of Union Pacific by 84.6% during the second quarter. FMR LLC now owns 9,603,068 shares of the railroad operator’s stock worth $1,045,870,000 after buying an additional 4,399,980 shares during the period. TIAA CREF Investment Management LLC lifted its stake in shares of Union Pacific by 0.6% during the second quarter. TIAA CREF Investment Management LLC now owns 7,948,391 shares of the railroad operator’s stock worth $865,659,000 after buying an additional 46,298 shares during the period. Finally, Capital World Investors lifted its position in Union Pacific by 0.7% during the second quarter. Capital World Investors now owns 7,328,002 shares of the railroad operator’s stock valued at $798,093,000 after purchasing an additional 50,000 shares during the period. Institutional investors and hedge funds own 78.63% of the company’s stock.

A number of research analysts recently issued reports on UNP shares. Zacks Investment Research downgraded shares of Union Pacific from a “buy” rating to a “hold” rating in a research report on Thursday, November 2nd. Royal Bank of Canada restated a “hold” rating and set a $124.00 target price on shares of Union Pacific in a research report on Thursday, November 9th. BMO Capital Markets boosted their target price on shares of Union Pacific from $123.00 to $127.00 and gave the company an “outperform” rating in a research report on Friday, October 27th. Aegis downgraded shares of Union Pacific from a “buy” rating to a “hold” rating and boosted their target price for the company from $120.00 to $122.00 in a research report on Tuesday, October 10th. Finally, Morgan Stanley boosted their target price on shares of Union Pacific from $100.00 to $104.00 and gave the company an “equal weight” rating in a research report on Tuesday, October 31st. Three analysts have rated the stock with a sell rating, sixteen have assigned a hold rating and four have given a buy rating to the company. The company has a consensus rating of “Hold” and an average target price of $118.53.

Shares of Union Pacific Co. (UNP) traded down $0.06 during trading on Tuesday, hitting $129.05. 4,923,600 shares of the company’s stock were exchanged, compared to its average volume of 3,590,231. The firm has a market capitalization of $101,631.36, a P/E ratio of 22.81, a P/E/G ratio of 2.09 and a beta of 0.90. Union Pacific Co. has a 1-year low of $101.06 and a 1-year high of $132.00. The company has a debt-to-equity ratio of 0.83, a quick ratio of 0.97 and a current ratio of 1.16.

Union Pacific (NYSE:UNP) last issued its quarterly earnings data on Thursday, October 26th. The railroad operator reported $1.50 earnings per share for the quarter, topping analysts’ consensus estimates of $1.49 by $0.01. The business had revenue of $5.41 billion during the quarter, compared to the consensus estimate 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 was up 4.5% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $1.36 earnings per share. sell-side analysts expect that Union Pacific Co. will post 5.78 earnings per share for the current fiscal year.

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, December 28th. Shareholders of record on Thursday, November 30th will be given a $0.665 dividend. The ex-dividend date of this dividend is Wednesday, November 29th. This represents a $2.66 dividend on an annualized basis and a dividend yield of 2.06%. This is an increase from Union Pacific’s previous quarterly dividend of $0.61. Union Pacific’s dividend payout ratio is 47.00%.

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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.

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

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