Union Pacific Corporation $UNP Shares Purchased by Mitsubishi UFJ Asset Management Co. Ltd.

Mitsubishi UFJ Asset Management Co. Ltd. raised its position in Union Pacific Corporation (NYSE:UNP) by 3.8% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 1,191,028 shares of the railroad operator’s stock after buying an additional 44,063 shares during the period. Mitsubishi UFJ Asset Management Co. Ltd.’s holdings in Union Pacific were worth $281,523,000 at the end of the most recent reporting period.

A number of other hedge funds have also made changes to their positions in UNP. Howard Hughes Medical Institute acquired a new stake in shares of Union Pacific in the second quarter worth approximately $30,000. Financial Gravity Companies Inc. purchased a new position in Union Pacific in the 2nd quarter valued at $31,000. Total Investment Management Inc. acquired a new stake in Union Pacific during the 2nd quarter worth $31,000. Access Investment Management LLC purchased a new stake in shares of Union Pacific during the second quarter worth $32,000. Finally, Sagard Holdings Management Inc. purchased a new stake in shares of Union Pacific during the second quarter worth $33,000. Institutional investors and hedge funds own 80.38% of the company’s stock.

Union Pacific Stock Performance

Shares of Union Pacific stock opened at $264.53 on Thursday. The firm has a market cap of $156.97 billion, a PE ratio of 22.10, a price-to-earnings-growth ratio of 2.91 and a beta of 0.98. The company has a quick ratio of 0.75, a current ratio of 0.91 and a debt-to-equity ratio of 1.64. Union Pacific Corporation has a 52 week low of $204.66 and a 52 week high of $267.88. The business’s fifty day simple moving average is $240.85 and its 200-day simple moving average is $230.93.

Union Pacific (NYSE:UNP) last issued its quarterly earnings data on Tuesday, January 27th. The railroad operator reported $2.86 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.92 by ($0.06). The company had revenue of $6.09 billion during the quarter, compared to analysts’ expectations of $6.15 billion. Union Pacific had a net margin of 29.12% and a return on equity of 40.89%. The firm’s quarterly revenue was down .6% on a year-over-year basis. During the same quarter last year, the firm posted $2.91 earnings per share. Equities analysts forecast that Union Pacific Corporation will post 11.99 earnings per share for the current year.

Union Pacific Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 31st. Investors of record on Friday, February 27th will be given a dividend of $1.38 per share. The ex-dividend date of this dividend is Friday, February 27th. This represents a $5.52 dividend on an annualized basis and a dividend yield of 2.1%. Union Pacific’s dividend payout ratio (DPR) is presently 46.12%.

Analyst Ratings Changes

A number of research firms recently weighed in on UNP. The Goldman Sachs Group restated a “neutral” rating and set a $267.00 price target on shares of Union Pacific in a research report on Tuesday, January 27th. Barclays restated an “overweight” rating and issued a $285.00 price target (up from $270.00) on shares of Union Pacific in a research report on Tuesday, December 16th. Susquehanna reaffirmed a “buy” rating on shares of Union Pacific in a report on Monday, January 19th. Deutsche Bank Aktiengesellschaft set a $245.00 price objective on Union Pacific in a research note on Thursday, December 11th. Finally, BMO Capital Markets reaffirmed a “market perform” rating and issued a $295.00 target price on shares of Union Pacific in a research note on Thursday, February 19th. One investment analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating and ten have given a Hold rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $260.14.

Union Pacific Profile

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.