Robeco Institutional Asset Management B.V. Acquires 299,913 Shares of Union Pacific Corporation (NYSE:UNP)

Robeco Institutional Asset Management B.V. raised its holdings in Union Pacific Corporation (NYSE:UNP) by 35.7% during the 1st quarter, Holdings Channel reports. The institutional investor owned 1,139,585 shares of the railroad operator’s stock after acquiring an additional 299,913 shares during the quarter. Robeco Institutional Asset Management B.V.’s holdings in Union Pacific were worth $269,216,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Highline Wealth Partners LLC increased its position in shares of Union Pacific by 103.5% in the first quarter. Highline Wealth Partners LLC now owns 116 shares of the railroad operator’s stock valued at $27,000 after acquiring an additional 59 shares during the last quarter. EnRich Financial Partners LLC bought a new position in Union Pacific in the fourth quarter valued at approximately $31,000. Strategic Investment Solutions Inc. IL grew its stake in Union Pacific by 38.8% in the fourth quarter. Strategic Investment Solutions Inc. IL now owns 161 shares of the railroad operator’s stock valued at $39,000 after purchasing an additional 45 shares in the last quarter. Meeder Asset Management Inc. increased its position in shares of Union Pacific by 223.2% during the 4th quarter. Meeder Asset Management Inc. now owns 307 shares of the railroad operator’s stock worth $70,000 after purchasing an additional 212 shares during the last quarter. Finally, Transce3nd LLC bought a new stake in shares of Union Pacific during the 4th quarter worth approximately $72,000. 80.38% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Several equities analysts recently weighed in on the stock. Jefferies Financial Group decreased their target price on shares of Union Pacific from $255.00 to $230.00 and set a “hold” rating for the company in a research note on Wednesday, April 9th. Susquehanna raised shares of Union Pacific from a “neutral” rating to a “positive” rating and upped their price target for the stock from $245.00 to $260.00 in a research report on Tuesday. Deutsche Bank Aktiengesellschaft began coverage on shares of Union Pacific in a research report on Friday, March 7th. They issued a “buy” rating and a $295.00 price objective for the company. Argus upgraded shares of Union Pacific to a “strong-buy” rating in a research note on Friday, May 16th. Finally, Redburn Atlantic upgraded shares of Union Pacific from a “neutral” rating to a “buy” rating and set a $259.00 target price for the company in a research note on Wednesday, April 16th. One investment analyst has rated the stock with a sell rating, six have given a hold rating, sixteen have given a buy rating and two have issued a strong buy rating to the company’s stock. Based on data from MarketBeat, Union Pacific has a consensus rating of “Moderate Buy” and a consensus price target of $258.39.

Union Pacific Stock Performance

UNP opened at $226.90 on Thursday. The company has a debt-to-equity ratio of 1.91, a current ratio of 0.73 and a quick ratio of 0.61. The business has a fifty day simple moving average of $221.70 and a 200 day simple moving average of $230.78. Union Pacific Corporation has a 1 year low of $204.66 and a 1 year high of $258.07. The company has a market capitalization of $135.57 billion, a PE ratio of 20.44, a price-to-earnings-growth ratio of 2.29 and a beta of 1.05.

Union Pacific (NYSE:UNP) last posted its earnings results on Thursday, April 24th. The railroad operator reported $2.70 earnings per share for the quarter, missing analysts’ consensus estimates of $2.73 by ($0.03). Union Pacific had a return on equity of 40.80% and a net margin of 27.76%. The firm had revenue of $6.03 billion for the quarter, compared to analyst estimates of $6.11 billion. During the same period in the prior year, the business posted $2.69 EPS. The firm’s quarterly revenue was down .1% compared to the same quarter last year. Research analysts expect that Union Pacific Corporation will post 11.99 EPS for the current year.

Union Pacific Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, June 30th. Shareholders of record on Friday, May 30th will be paid a $1.34 dividend. This represents a $5.36 annualized dividend and a yield of 2.36%. The ex-dividend date is Friday, May 30th. Union Pacific’s dividend payout ratio (DPR) is 48.29%.

Union Pacific Profile

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.