Asset Management One Co. Ltd. Cuts Stake in Union Pacific Corporation $UNP

Asset Management One Co. Ltd. lessened its holdings in shares of Union Pacific Corporation (NYSE:UNP) by 2.0% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 249,614 shares of the railroad operator’s stock after selling 4,989 shares during the period. Asset Management One Co. Ltd.’s holdings in Union Pacific were worth $59,001,000 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in UNP. Gateway Investment Advisers LLC raised its stake in Union Pacific by 49.9% in the third quarter. Gateway Investment Advisers LLC now owns 5,384 shares of the railroad operator’s stock valued at $1,273,000 after buying an additional 1,793 shares during the last quarter. Fifth Third Wealth Advisors LLC raised its position in shares of Union Pacific by 4.3% in the 3rd quarter. Fifth Third Wealth Advisors LLC now owns 13,087 shares of the railroad operator’s stock valued at $3,093,000 after purchasing an additional 540 shares during the last quarter. Moss Adams Wealth Advisors LLC raised its position in shares of Union Pacific by 12.3% in the 3rd quarter. Moss Adams Wealth Advisors LLC now owns 2,032 shares of the railroad operator’s stock valued at $480,000 after purchasing an additional 223 shares during the last quarter. Davis Capital Management acquired a new stake in Union Pacific in the 3rd quarter worth approximately $2,086,000. Finally, Synergy Asset Management LLC purchased a new stake in Union Pacific during the 3rd quarter worth approximately $31,253,000. Institutional investors and hedge funds own 80.38% of the company’s stock.

Union Pacific Stock Up 0.2%

Shares of UNP opened at $231.76 on Friday. The company has a market capitalization of $137.47 billion, a price-to-earnings ratio of 19.69, a PEG ratio of 2.51 and a beta of 0.99. Union Pacific Corporation has a 52 week low of $204.66 and a 52 week high of $256.84. The stock’s 50-day moving average price is $228.63 and its 200-day moving average price is $227.01. The company has a quick ratio of 0.60, a current ratio of 0.75 and a debt-to-equity ratio of 1.75.

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

Union Pacific Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, December 30th. Investors of record on Friday, December 5th were issued a dividend of $1.38 per share. The ex-dividend date of this dividend was Friday, December 5th. This represents a $5.52 dividend on an annualized basis and a yield of 2.4%. Union Pacific’s dividend payout ratio is 46.90%.

Analyst Ratings Changes

UNP has been the subject of several research reports. Deutsche Bank Aktiengesellschaft set a $245.00 price objective on shares of Union Pacific in a research note on Thursday, December 11th. Barclays reaffirmed an “overweight” rating and set a $285.00 price target (up previously from $270.00) on shares of Union Pacific in a research report on Tuesday, December 16th. BMO Capital Markets cut their price objective on Union Pacific from $277.00 to $275.00 and set an “outperform” rating on the stock in a report on Friday, October 24th. Citigroup lifted their target price on Union Pacific from $263.00 to $265.00 and gave the stock a “buy” rating in a report on Friday, October 24th. Finally, Loop Capital upgraded Union Pacific from a “sell” rating to a “hold” rating and upped their target price for the company from $214.00 to $227.00 in a research report on Tuesday, September 16th. One analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating and eleven have given a Hold rating to the company. According to MarketBeat, Union Pacific has an average rating of “Moderate Buy” and an average price target of $260.33.

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.