Asset Management One Co. Ltd. Has $59.72 Million Stock Position in Union Pacific Corporation (NYSE:UNP)

Asset Management One Co. Ltd. raised its holdings in shares of Union Pacific Corporation (NYSE:UNP) by 5.3% in the first quarter, Holdings Channel reports. The institutional investor owned 252,811 shares of the railroad operator’s stock after buying an additional 12,652 shares during the quarter. Asset Management One Co. Ltd.’s holdings in Union Pacific were worth $59,724,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds also recently modified their holdings of UNP. Highline Wealth Partners LLC raised its stake in Union Pacific by 103.5% during the 1st quarter. Highline Wealth Partners LLC now owns 116 shares of the railroad operator’s stock valued at $27,000 after purchasing an additional 59 shares during the last quarter. EnRich Financial Partners LLC bought a new position in shares of Union Pacific during the 4th quarter worth about $31,000. Strategic Investment Solutions Inc. IL raised its position in shares of Union Pacific by 38.8% during the fourth quarter. Strategic Investment Solutions Inc. IL now owns 161 shares of the railroad operator’s stock valued at $39,000 after buying an additional 45 shares during the last quarter. Midwest Capital Advisors LLC bought a new stake in shares of Union Pacific in the fourth quarter valued at about $54,000. Finally, Meeder Asset Management Inc. grew its position in Union Pacific by 223.2% during the fourth quarter. Meeder Asset Management Inc. now owns 307 shares of the railroad operator’s stock worth $70,000 after buying an additional 212 shares in the last quarter. 80.38% of the stock is owned by institutional investors.

Union Pacific Price Performance

Shares of UNP stock opened at $225.93 on Tuesday. The company has a quick ratio of 0.61, a current ratio of 0.73 and a debt-to-equity ratio of 1.91. Union Pacific Corporation has a 12-month low of $204.66 and a 12-month high of $258.07. The firm has a fifty day moving average of $221.34 and a 200-day moving average of $230.83. The firm has a market capitalization of $134.99 billion, a price-to-earnings ratio of 20.35, a price-to-earnings-growth ratio of 2.23 and a beta of 1.05.

Union Pacific (NYSE:UNP) last posted its earnings results on Thursday, April 24th. The railroad operator reported $2.70 earnings per share for the quarter, missing the consensus estimate 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 quarter in the prior year, the firm posted $2.69 earnings per share. The business’s revenue was down .1% on a year-over-year basis. On average, equities research analysts forecast that Union Pacific Corporation will post 11.99 earnings per share for the current year.

Union Pacific Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, June 30th. Stockholders of record on Friday, May 30th will be given a $1.34 dividend. This represents a $5.36 dividend on an annualized basis and a dividend yield of 2.37%. The ex-dividend date of this dividend is Friday, May 30th. Union Pacific’s dividend payout ratio is presently 48.29%.

Wall Street Analysts Forecast Growth

Several equities analysts have commented on the company. UBS Group cut their price target on Union Pacific from $255.00 to $245.00 and set a “neutral” rating for the company in a report on Wednesday, April 2nd. Wells Fargo & Company decreased their target price on shares of Union Pacific from $265.00 to $260.00 and set an “overweight” rating on the stock in a research report on Thursday, March 27th. Raymond James Financial reiterated a “strong-buy” rating on shares of Union Pacific in a research report on Friday, April 25th. Bank of America boosted their price objective on Union Pacific from $256.00 to $262.00 and gave the stock a “buy” rating in a research note on Friday, May 16th. Finally, Jefferies Financial Group reduced their price target on shares of Union Pacific from $255.00 to $230.00 and set a “hold” rating on the stock in a research report on Wednesday, April 9th. One research analyst has rated the stock with a sell rating, seven have issued a hold rating, fifteen have assigned a buy rating and two have given a strong buy rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $257.74.

Union Pacific Company 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.