Northwestern Mutual Wealth Management Co. grew its holdings in Union Pacific Corporation (NYSE:UNP) by 32.2% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 107,266 shares of the railroad operator’s stock after buying an additional 26,104 shares during the period. Northwestern Mutual Wealth Management Co.’s holdings in Union Pacific Corporation were worth $11,683,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also added to or reduced their stakes in UNP. Gainplan LLC increased its stake in shares of Union Pacific Corporation by 0.6% during the second quarter. Gainplan LLC now owns 2,230 shares of the railroad operator’s stock worth $243,000 after purchasing an additional 13 shares during the period. Advisors Management Group Inc. ADV increased its stake in Union Pacific Corporation by 0.5% during the 2nd quarter. Advisors Management Group Inc. ADV now owns 3,330 shares of the railroad operator’s stock worth $363,000 after acquiring an additional 17 shares during the period. Summit Asset Management LLC increased its stake in Union Pacific Corporation by 0.3% during the 1st quarter. Summit Asset Management LLC now owns 7,206 shares of the railroad operator’s stock worth $763,000 after acquiring an additional 19 shares during the period. Genovese Burford & Brothers Wealth & Retirement Plan Management LLC increased its stake in Union Pacific Corporation by 0.3% during the 2nd quarter. Genovese Burford & Brothers Wealth & Retirement Plan Management LLC now owns 6,579 shares of the railroad operator’s stock worth $716,000 after acquiring an additional 20 shares during the period. Finally, Janney Capital Management LLC increased its stake in Union Pacific Corporation by 1.1% during the 2nd quarter. Janney Capital Management LLC now owns 2,158 shares of the railroad operator’s stock worth $235,000 after acquiring an additional 24 shares during the period. 79.80% of the stock is owned by institutional investors.

Several brokerages have recently issued reports on UNP. Argus lifted their price target on Union Pacific Corporation from $125.00 to $130.00 and gave the company a “buy” rating in a research note on Tuesday, October 31st. Stifel Nicolaus reiterated a “hold” rating and issued a $118.00 price target (up previously from $112.00) on shares of Union Pacific Corporation in a research note on Monday, July 24th. BMO Capital Markets reiterated a “buy” rating on shares of Union Pacific Corporation in a research note on Friday, October 20th. BidaskClub lowered Union Pacific Corporation from a “hold” rating to a “sell” rating in a research note on Thursday, July 27th. Finally, Morgan Stanley lowered Union Pacific Corporation from an “overweight” rating to an “equal weight” rating and decreased their price target for the company from $102.00 to $100.00 in a research note on Monday, October 2nd. Four investment analysts have rated the stock with a sell rating, sixteen have given a hold rating and four have given a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and an average target price of $117.59.

Shares of Union Pacific Corporation (UNP) opened at $115.63 on Monday. The company has a debt-to-equity ratio of 0.83, a quick ratio of 0.97 and a current ratio of 1.16. The company has a market capitalization of $91,020.00, a P/E ratio of 20.43, a price-to-earnings-growth ratio of 1.87 and a beta of 0.87. Union Pacific Corporation has a twelve month low of $98.60 and a twelve month high of $119.71.

Union Pacific Corporation (NYSE:UNP) last issued its quarterly earnings data on Thursday, October 26th. The railroad operator reported $1.50 EPS for the quarter, topping analysts’ consensus estimates of $1.49 by $0.01. The firm had revenue of $5.41 billion during the quarter, compared to analyst estimates of $5.32 billion. Union Pacific Corporation had a return on equity of 23.35% and a net margin of 21.84%. The company’s revenue for the quarter was up 4.5% on a year-over-year basis. During the same period in the previous year, the company posted $1.36 EPS. sell-side analysts predict that Union Pacific Corporation will post 5.78 earnings per share for the current fiscal year.

The firm also recently announced a quarterly dividend, which will be paid on Thursday, December 28th. Stockholders of record on Thursday, November 30th will be paid a $0.665 dividend. This represents a $2.66 dividend on an annualized basis and a dividend yield of 2.30%. The ex-dividend date is Wednesday, November 29th. This is an increase from Union Pacific Corporation’s previous quarterly dividend of $0.61. Union Pacific Corporation’s payout ratio is presently 42.83%.

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Union Pacific Corporation Company Profile

Union Pacific Corporation is a railroad operating company in the United States. The Company operates through its principal operating company, Union Pacific Railroad Company (UPRR). Its business mix includes Agricultural Products, Automotive, Chemicals, Coal, Industrial Products and Intermodal. Its freight traffic consists of bulk, manifest, and premium business.

Institutional Ownership by Quarter for Union Pacific Corporation (NYSE:UNP)

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