Union Pacific Corporation (NYSE:UNP) Stock Position Decreased by Nisa Investment Advisors LLC

Nisa Investment Advisors LLC lessened its holdings in shares of Union Pacific Corporation (NYSE:UNP) by 4.2% in the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 219,775 shares of the railroad operator’s stock after selling 9,588 shares during the period. Nisa Investment Advisors LLC’s holdings in Union Pacific were worth $51,920,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of the business. Proficio Capital Partners LLC boosted its holdings in shares of Union Pacific by 46.1% in the fourth quarter. Proficio Capital Partners LLC now owns 2,211 shares of the railroad operator’s stock valued at $504,000 after acquiring an additional 698 shares in the last quarter. AlphaQuest LLC lifted its position in Union Pacific by 248,600.0% in the 4th quarter. AlphaQuest LLC now owns 2,487 shares of the railroad operator’s stock worth $567,000 after buying an additional 2,486 shares in the last quarter. Daiwa Securities Group Inc. raised its holdings in shares of Union Pacific by 6.9% during the 4th quarter. Daiwa Securities Group Inc. now owns 82,873 shares of the railroad operator’s stock valued at $18,898,000 after purchasing an additional 5,349 shares in the last quarter. Independent Advisor Alliance raised its holdings in shares of Union Pacific by 6.4% during the 4th quarter. Independent Advisor Alliance now owns 35,161 shares of the railroad operator’s stock valued at $8,018,000 after purchasing an additional 2,107 shares in the last quarter. Finally, Davis R M Inc. raised its holdings in shares of Union Pacific by 0.7% during the 4th quarter. Davis R M Inc. now owns 157,396 shares of the railroad operator’s stock valued at $35,893,000 after purchasing an additional 1,135 shares in the last quarter. Institutional investors own 80.38% of the company’s stock.

Union Pacific Stock Performance

UNP stock traded up $1.16 during trading hours on Wednesday, reaching $237.70. The stock had a trading volume of 83,380 shares, compared to its average volume of 2,715,924. The stock has a market capitalization of $142.02 billion, a PE ratio of 21.40, a price-to-earnings-growth ratio of 2.36 and a beta of 1.05. The stock has a 50-day simple moving average of $224.89 and a 200 day simple moving average of $230.99. Union Pacific Corporation has a fifty-two week low of $204.66 and a fifty-two week high of $258.07. The company has a debt-to-equity ratio of 1.91, a current ratio of 0.73 and a quick ratio of 0.61.

Union Pacific (NYSE:UNP) last released its quarterly earnings results on Thursday, April 24th. The railroad operator reported $2.70 EPS 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 business had revenue of $6.03 billion for the quarter, compared to the consensus estimate of $6.11 billion. During the same period in the prior year, the business posted $2.69 earnings per share. Union Pacific’s revenue was down .1% compared to the same quarter last year. Analysts predict that Union Pacific Corporation will post 11.99 EPS for the current fiscal year.

Union Pacific Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, June 30th. Investors of record on Friday, May 30th were given a dividend of $1.34 per share. The ex-dividend date was Friday, May 30th. This represents a $5.36 annualized dividend and a yield of 2.25%. Union Pacific’s dividend payout ratio is presently 48.29%.

Analysts Set New Price Targets

A number of research firms have recently weighed in on UNP. Robert W. Baird began coverage on shares of Union Pacific in a report on Tuesday, July 1st. They set a “neutral” rating and a $231.00 price target on the stock. Sanford C. Bernstein restated an “outperform” rating and set a $271.00 price target (up previously from $267.00) on shares of Union Pacific in a report on Tuesday. Argus upgraded shares of Union Pacific to a “strong-buy” rating in a report on Friday, May 16th. Wells Fargo & Company dropped their target price on shares of Union Pacific from $265.00 to $260.00 and set an “overweight” rating on the stock in a report on Thursday, March 27th. Finally, Citigroup upgraded shares of Union Pacific from a “neutral” rating to a “buy” rating and decreased their price target for the stock from $260.00 to $244.00 in a research report on Tuesday, April 8th. One equities research analyst has rated the stock with a sell rating, nine have assigned a hold rating, fifteen have issued a buy rating and two have issued a strong buy rating to the company’s stock. According to data from MarketBeat, Union Pacific presently has an average rating of “Moderate Buy” and an average target price of $255.13.

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.