Union Pacific Corporation $UNP Shares Sold by Brown Brothers Harriman & Co.

Brown Brothers Harriman & Co. decreased its stake in shares of Union Pacific Corporation (NYSE:UNP) by 1.9% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 205,542 shares of the railroad operator’s stock after selling 4,030 shares during the period. Brown Brothers Harriman & Co.’s holdings in Union Pacific were worth $48,584,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also made changes to their positions in the company. Norges Bank purchased a new stake in Union Pacific during the 2nd quarter worth about $1,856,340,000. Capital World Investors raised its stake in Union Pacific by 193.3% in the 3rd quarter. Capital World Investors now owns 10,481,043 shares of the railroad operator’s stock valued at $2,477,404,000 after purchasing an additional 6,908,016 shares during the last quarter. Capital Research Global Investors lifted its holdings in Union Pacific by 95.0% in the 3rd quarter. Capital Research Global Investors now owns 8,713,196 shares of the railroad operator’s stock valued at $2,059,538,000 after purchasing an additional 4,244,226 shares in the last quarter. Laurel Wealth Advisors LLC boosted its stake in shares of Union Pacific by 22,618.2% during the 2nd quarter. Laurel Wealth Advisors LLC now owns 2,624,636 shares of the railroad operator’s stock worth $603,876,000 after purchasing an additional 2,613,083 shares during the last quarter. Finally, Baupost Group LLC MA acquired a new stake in shares of Union Pacific during the 3rd quarter worth about $353,658,000. 80.38% of the stock is currently owned by hedge funds and other institutional investors.

Union Pacific Stock Down 0.8%

Shares of Union Pacific stock opened at $242.22 on Friday. Union Pacific Corporation has a twelve month low of $204.66 and a twelve month high of $268.14. The stock has a market cap of $143.73 billion, a price-to-earnings ratio of 20.24, a price-to-earnings-growth ratio of 2.66 and a beta of 0.95. The company has a current ratio of 0.91, a quick ratio of 0.75 and a debt-to-equity ratio of 1.64. The company has a fifty day moving average price of $246.47 and a 200 day moving average price of $233.74.

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). Union Pacific had a net margin of 29.12% and a return on equity of 40.89%. The firm had revenue of $6.09 billion during the quarter, compared to analyst estimates of $6.15 billion. During the same period last year, the business earned $2.91 EPS. The firm’s revenue was down .6% compared to the same quarter last year. Equities research analysts forecast that Union Pacific Corporation will post 11.99 earnings per share for the current fiscal year.

Union Pacific Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, March 31st. Shareholders of record on Friday, February 27th will be paid a $1.38 dividend. This represents a $5.52 dividend on an annualized basis and a yield of 2.3%. The ex-dividend date is Friday, February 27th. Union Pacific’s payout ratio is presently 46.12%.

Analyst Ratings Changes

A number of equities analysts have recently weighed in on UNP shares. The Goldman Sachs Group reissued a “neutral” rating and issued a $267.00 price objective on shares of Union Pacific in a research report on Tuesday, January 27th. Raymond James Financial restated a “strong-buy” rating on shares of Union Pacific in a research report on Tuesday, January 27th. Barclays reaffirmed an “overweight” rating and issued a $285.00 target price (up from $270.00) on shares of Union Pacific in a research note on Tuesday, December 16th. Robert W. Baird set a $311.00 price target on Union Pacific and gave the stock an “outperform” rating in a research note on Friday, March 6th. Finally, Deutsche Bank Aktiengesellschaft set a $245.00 price objective on Union Pacific in a report on Thursday, December 11th. One investment analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and nine have assigned a Hold rating to the company. According to data from MarketBeat.com, Union Pacific currently has an average rating of “Moderate Buy” and an average price target of $263.77.

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.