Nisa Investment Advisors LLC Has $49.88 Million Stake in Union Pacific Corporation $UNP

Nisa Investment Advisors LLC lowered its holdings in Union Pacific Corporation (NYSE:UNP) by 3.1% in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 211,006 shares of the railroad operator’s stock after selling 6,777 shares during the period. Nisa Investment Advisors LLC’s holdings in Union Pacific were worth $49,875,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently made changes to their positions in the business. Caxton Associates LLP acquired a new position in Union Pacific in the 1st quarter valued at $551,000. Ransom Advisory Ltd acquired a new position in Union Pacific in the first quarter valued at about $142,000. Focus Partners Wealth raised its stake in Union Pacific by 36.4% in the first quarter. Focus Partners Wealth now owns 179,427 shares of the railroad operator’s stock valued at $42,388,000 after purchasing an additional 47,924 shares in the last quarter. Geneos Wealth Management Inc. lifted its position in Union Pacific by 31.2% during the first quarter. Geneos Wealth Management Inc. now owns 4,652 shares of the railroad operator’s stock worth $1,099,000 after purchasing an additional 1,106 shares during the period. Finally, Acadian Asset Management LLC grew its stake in Union Pacific by 40.4% during the first quarter. Acadian Asset Management LLC now owns 2,312 shares of the railroad operator’s stock worth $546,000 after buying an additional 665 shares in the last quarter. Institutional investors and hedge funds own 80.38% of the company’s stock.

Analysts Set New Price Targets

A number of analysts have recently weighed in on UNP shares. Citigroup set a $264.00 price target on shares of Union Pacific and gave the stock a “buy” rating in a report on Thursday. Susquehanna reaffirmed a “positive” rating and issued a $272.00 target price (up previously from $257.00) on shares of Union Pacific in a report on Thursday, September 25th. Royal Bank Of Canada set a $280.00 price target on Union Pacific in a research note on Thursday, December 18th. Loop Capital raised Union Pacific from a “sell” rating to a “hold” rating and boosted their price target for the stock from $214.00 to $227.00 in a report on Tuesday, September 16th. Finally, Deutsche Bank Aktiengesellschaft set a $245.00 price objective on Union Pacific in a research note on Thursday, December 11th. One investment analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and twelve have issued a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $259.46.

Union Pacific Price Performance

Shares of UNP opened at $229.83 on Friday. The company has a quick ratio of 0.60, a current ratio of 0.75 and a debt-to-equity ratio of 1.75. The stock has a market cap of $136.33 billion, a PE ratio of 19.53, a PEG ratio of 2.43 and a beta of 0.99. Union Pacific Corporation has a 12-month low of $204.66 and a 12-month high of $256.84. The business has a 50-day simple moving average of $229.61 and a two-hundred day simple moving average of $227.20.

Union Pacific (NYSE:UNP) last released its quarterly earnings results on Thursday, October 23rd. The railroad operator reported $3.08 earnings per share for the quarter, topping the consensus estimate of $2.99 by $0.09. Union Pacific had a return on equity of 42.23% and a net margin of 28.73%.The company had revenue of $6.24 billion for the quarter, compared to analysts’ expectations of $6.24 billion. During the same period in the previous year, the business posted $2.75 earnings per share. The business’s quarterly revenue was up 2.5% compared to the same quarter last year. Analysts anticipate that Union Pacific Corporation will post 11.99 earnings per share for the current fiscal year.

Union Pacific Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, December 30th. Shareholders of record on Friday, December 5th were issued a dividend of $1.38 per share. This represents a $5.52 dividend on an annualized basis and a yield of 2.4%. The ex-dividend date of this dividend was Friday, December 5th. Union Pacific’s payout ratio is presently 46.90%.

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.