Robeco Institutional Asset Management B.V. Sells 757,939 Shares of Union Pacific Corporation $UNP

Robeco Institutional Asset Management B.V. trimmed its position in shares of Union Pacific Corporation (NYSE:UNP) by 94.9% in the 3rd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 41,128 shares of the railroad operator’s stock after selling 757,939 shares during the quarter. Robeco Institutional Asset Management B.V.’s holdings in Union Pacific were worth $9,721,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. CBIZ Investment Advisory Services LLC boosted its stake in Union Pacific by 1,400.0% in the first quarter. CBIZ Investment Advisory Services LLC now owns 120 shares of the railroad operator’s stock valued at $28,000 after acquiring an additional 112 shares in the last quarter. Howard Hughes Medical Institute purchased a new stake in shares of Union Pacific during the 2nd quarter valued at $30,000. Financial Gravity Companies Inc. purchased a new stake in shares of Union Pacific during the 2nd quarter valued at $31,000. Total Investment Management Inc. acquired a new stake in shares of Union Pacific in the 2nd quarter worth $31,000. Finally, Access Investment Management LLC purchased a new position in Union Pacific during the 2nd quarter worth $32,000. Hedge funds and other institutional investors own 80.38% of the company’s stock.

Analyst Upgrades and Downgrades

UNP has been the subject of a number of research analyst reports. Susquehanna reiterated a “positive” rating and issued a $272.00 price target (up from $257.00) on shares of Union Pacific in a research note on Thursday, September 25th. Deutsche Bank Aktiengesellschaft set a $245.00 price objective on shares of Union Pacific in a report on Thursday, December 11th. Cowen reiterated a “buy” rating on shares of Union Pacific in a research note on Friday, October 24th. TD Cowen dropped their target price on shares of Union Pacific from $258.00 to $257.00 and set a “buy” rating on the stock in a research report on Friday, October 24th. Finally, UBS Group set a $253.00 price target on shares of Union Pacific and gave the company a “neutral” rating in a research note on Friday, October 3rd. One equities research 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. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $259.46.

Union Pacific Price Performance

Shares of NYSE UNP opened at $228.30 on Friday. Union Pacific Corporation has a 52 week low of $204.66 and a 52 week high of $256.84. The business’s 50 day moving average price is $229.76 and its 200 day moving average price is $227.21. 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 firm has a market cap of $135.42 billion, a P/E ratio of 19.40, a P/E/G ratio of 2.49 and a beta of 0.99.

Union Pacific (NYSE:UNP) last posted its quarterly earnings results on Thursday, October 23rd. The railroad operator reported $3.08 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.99 by $0.09. The company had revenue of $6.24 billion during the quarter, compared to analyst estimates of $6.24 billion. Union Pacific had a net margin of 28.73% and a return on equity of 42.23%. Union Pacific’s revenue for the quarter was up 2.5% compared to the same quarter last year. During the same period last year, the firm posted $2.75 EPS. On average, sell-side analysts expect that Union Pacific Corporation will post 11.99 earnings per share for the current year.

Union Pacific Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, December 30th. Shareholders of record on Friday, December 5th were issued a $1.38 dividend. This represents a $5.52 annualized dividend and a yield of 2.4%. The ex-dividend date of this dividend was Friday, December 5th. Union Pacific’s dividend 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.