Intech Investment Management LLC Sells 33,649 Shares of Union Pacific Co. (NYSE:UNP)

Intech Investment Management LLC reduced its stake in Union Pacific Co. (NYSE:UNP) by 45.2% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 40,802 shares of the railroad operator’s stock after selling 33,649 shares during the period. Intech Investment Management LLC’s holdings in Union Pacific were worth $10,022,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also modified their holdings of the stock. Silver Oak Advisory Group Inc. acquired a new position in Union Pacific during the fourth quarter worth $219,000. Personal CFO Solutions LLC boosted its position in Union Pacific by 39.3% in the third quarter. Personal CFO Solutions LLC now owns 1,407 shares of the railroad operator’s stock valued at $287,000 after buying an additional 397 shares in the last quarter. Allegheny Financial Group LTD boosted its position in Union Pacific by 22.5% in the fourth quarter. Allegheny Financial Group LTD now owns 10,885 shares of the railroad operator’s stock valued at $2,674,000 after buying an additional 2,000 shares in the last quarter. Silver Oak Securities Incorporated acquired a new stake in shares of Union Pacific during the fourth quarter worth approximately $238,000. Finally, Nordea Investment Management AB increased its holdings in shares of Union Pacific by 46.9% during the fourth quarter. Nordea Investment Management AB now owns 87,905 shares of the railroad operator’s stock worth $21,596,000 after buying an additional 28,052 shares in the last quarter. 80.38% of the stock is owned by institutional investors and hedge funds.

Union Pacific Trading Down 0.3 %

NYSE UNP traded down $0.66 during trading hours on Friday, hitting $232.05. The company’s stock had a trading volume of 2,305,534 shares, compared to its average volume of 1,876,527. The stock has a fifty day moving average of $240.21 and a 200 day moving average of $239.71. Union Pacific Co. has a twelve month low of $190.71 and a twelve month high of $258.66. The firm has a market capitalization of $141.58 billion, a P/E ratio of 22.14, a PEG ratio of 1.89 and a beta of 1.06. The company has a quick ratio of 0.76, a current ratio of 0.93 and a debt-to-equity ratio of 1.99.

Union Pacific (NYSE:UNP) last announced its quarterly earnings data on Thursday, April 25th. The railroad operator reported $2.69 earnings per share for the quarter, beating the consensus estimate of $2.50 by $0.19. Union Pacific had a net margin of 26.52% and a return on equity of 44.34%. The business had revenue of $6.03 billion for the quarter, compared to analyst estimates of $5.97 billion. During the same period in the prior year, the business posted $2.67 earnings per share. Union Pacific’s revenue was down .4% compared to the same quarter last year. Equities research analysts forecast that Union Pacific Co. will post 11.25 earnings per share for the current fiscal year.

Union Pacific Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, June 28th. Shareholders of record on Friday, May 31st will be paid a $1.30 dividend. This represents a $5.20 annualized dividend and a yield of 2.24%. The ex-dividend date of this dividend is Friday, May 31st. Union Pacific’s payout ratio is presently 49.62%.

Wall Street Analysts Forecast Growth

A number of research firms recently commented on UNP. StockNews.com upgraded Union Pacific from a “hold” rating to a “buy” rating in a research report on Friday, April 26th. Morgan Stanley raised their target price on Union Pacific from $198.00 to $210.00 and gave the company an “equal weight” rating in a research note on Friday, April 26th. Raymond James reaffirmed a “strong-buy” rating and issued a $280.00 price target (up from $275.00) on shares of Union Pacific in a report on Friday, April 26th. Royal Bank of Canada decreased their price objective on shares of Union Pacific from $282.00 to $272.00 and set an “outperform” rating on the stock in a report on Friday, January 26th. Finally, TD Cowen upped their target price on shares of Union Pacific from $252.00 to $258.00 and gave the stock a “buy” rating in a research report on Friday, April 26th. Six research analysts have rated the stock with a hold rating, thirteen have given a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat.com, Union Pacific has a consensus rating of “Moderate Buy” and a consensus price target of $259.61.

About Union Pacific

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.