OMERS ADMINISTRATION Corp Decreases Position in Union Pacific Corporation $UNP

OMERS ADMINISTRATION Corp lessened its position in Union Pacific Corporation (NYSE:UNP) by 0.4% during the 1st quarter, HoldingsChannel reports. The institutional investor owned 812,216 shares of the railroad operator’s stock after selling 2,926 shares during the period. Union Pacific comprises about 1.7% of OMERS ADMINISTRATION Corp’s investment portfolio, making the stock its 15th biggest holding. OMERS ADMINISTRATION Corp’s holdings in Union Pacific were worth $191,878,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Fiduciary Trust Co boosted its stake in Union Pacific by 2.8% during the 4th quarter. Fiduciary Trust Co now owns 102,213 shares of the railroad operator’s stock valued at $23,309,000 after purchasing an additional 2,807 shares during the last quarter. Sherbrooke Park Advisers LLC purchased a new position in shares of Union Pacific in the fourth quarter worth $781,000. LGT Group Foundation lifted its holdings in shares of Union Pacific by 9.7% during the first quarter. LGT Group Foundation now owns 5,398 shares of the railroad operator’s stock valued at $1,275,000 after purchasing an additional 477 shares in the last quarter. Nuveen LLC purchased a new stake in shares of Union Pacific during the first quarter valued at $988,822,000. Finally, SlateStone Wealth LLC boosted its position in shares of Union Pacific by 6.2% during the first quarter. SlateStone Wealth LLC now owns 13,264 shares of the railroad operator’s stock valued at $3,133,000 after buying an additional 772 shares during the last quarter. Institutional investors own 80.38% of the company’s stock.

Union Pacific Stock Performance

Shares of NYSE UNP opened at $220.82 on Thursday. Union Pacific Corporation has a 12-month low of $204.66 and a 12-month high of $258.07. The firm has a market capitalization of $130.95 billion, a price-to-earnings ratio of 19.18, a price-to-earnings-growth ratio of 2.16 and a beta of 1.05. The company has a current ratio of 0.65, a quick ratio of 0.53 and a debt-to-equity ratio of 1.86. The firm has a 50 day moving average of $226.99 and a 200 day moving average of $228.36.

Union Pacific (NYSE:UNP) last released its quarterly earnings results on Thursday, July 24th. The railroad operator reported $3.03 earnings per share for the quarter, topping the consensus estimate of $2.84 by $0.19. The business had revenue of $6.15 billion for the quarter, compared to the consensus estimate of $6.09 billion. Union Pacific had a net margin of 28.43% and a return on equity of 41.73%. The company’s quarterly revenue was up 2.4% on a year-over-year basis. During the same period last year, the firm earned $2.74 earnings per share. On average, research analysts anticipate that Union Pacific Corporation will post 11.99 earnings per share for the current year.

Union Pacific Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, September 30th. Investors of record on Friday, August 29th will be given a dividend of $1.38 per share. This represents a $5.52 annualized dividend and a yield of 2.5%. This is a boost from Union Pacific’s previous quarterly dividend of $1.34. The ex-dividend date is Friday, August 29th. Union Pacific’s dividend payout ratio (DPR) is presently 46.57%.

Analyst Upgrades and Downgrades

A number of equities analysts have weighed in on UNP shares. Robert W. Baird started coverage on Union Pacific in a research report on Tuesday, July 1st. They issued a “neutral” rating and a $231.00 target price for the company. UBS Group lifted their price target on shares of Union Pacific from $238.00 to $240.00 and gave the stock a “neutral” rating in a research note on Friday, July 25th. Raymond James Financial restated a “strong-buy” rating on shares of Union Pacific in a research report on Tuesday, July 15th. BMO Capital Markets lifted their target price on shares of Union Pacific from $270.00 to $277.00 and gave the stock an “outperform” rating in a research report on Friday, July 25th. Finally, Royal Bank Of Canada boosted their target price on shares of Union Pacific from $257.00 to $276.00 and gave the company an “outperform” rating in a research note on Wednesday, July 30th. One analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating, eleven have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $258.21.

About Union Pacific

Union Pacific Corporation, through its subsidiary, Union Pacific Railroad Company, operates in the railroad business in the United States. The company offers transportation services for grain and grain products, fertilizers, food and refrigerated products, and coal and renewables to grain processors, animal feeders, ethanol producers, renewable biofuel producers, and other agricultural users; and construction products, industrial chemicals, plastics, forest products, specialized products, metals and ores, petroleum, liquid petroleum gases, soda ash, and sand, as well as finished automobiles, automotive parts, and merchandise in intermodal containers.