TIAA CREF Investment Management LLC lifted its position in shares of Union Pacific Corporation (NYSE:UNP) by 0.6% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 7,948,391 shares of the railroad operator’s stock after buying an additional 46,298 shares during the quarter. Union Pacific Corporation makes up 0.6% of TIAA CREF Investment Management LLC’s holdings, making the stock its 23rd largest holding. TIAA CREF Investment Management LLC owned about 0.99% of Union Pacific Corporation worth $865,659,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of UNP. OMERS ADMINISTRATION Corp lifted its stake in shares of Union Pacific Corporation by 15.5% during the 2nd quarter. OMERS ADMINISTRATION Corp now owns 1,008,200 shares of the railroad operator’s stock worth $109,803,000 after purchasing an additional 134,950 shares during the last quarter. Community Bank N.A. lifted its stake in shares of Union Pacific Corporation by 3.0% during the 2nd quarter. Community Bank N.A. now owns 1,537 shares of the railroad operator’s stock worth $168,000 after purchasing an additional 45 shares during the last quarter. Northeast Investment Management lifted its stake in shares of Union Pacific Corporation by 2.8% during the 2nd quarter. Northeast Investment Management now owns 278,258 shares of the railroad operator’s stock worth $30,305,000 after purchasing an additional 7,663 shares during the last quarter. Barings LLC lifted its stake in shares of Union Pacific Corporation by 357.1% during the 1st quarter. Barings LLC now owns 48,185 shares of the railroad operator’s stock worth $5,104,000 after purchasing an additional 37,643 shares during the last quarter. Finally, Greystone Managed Investments Inc. lifted its stake in shares of Union Pacific Corporation by 8.9% during the 2nd quarter. Greystone Managed Investments Inc. now owns 84,114 shares of the railroad operator’s stock worth $9,161,000 after purchasing an additional 6,890 shares during the last quarter. 79.80% of the stock is currently owned by institutional investors and hedge funds.

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A number of brokerages recently weighed in on UNP. Stifel Nicolaus upped their price objective on Union Pacific Corporation from $118.00 to $120.00 and gave the stock a “hold” rating in a research note on Friday, August 18th. Royal Bank Of Canada restated a “hold” rating and set a $115.00 price objective on shares of Union Pacific Corporation in a research note on Friday, August 25th. Morgan Stanley increased their price target on Union Pacific Corporation from $100.00 to $104.00 and gave the company an “equal weight” rating in a research note on Tuesday, October 31st. BMO Capital Markets reiterated a “buy” rating and issued a $123.00 price target on shares of Union Pacific Corporation in a research note on Friday, September 15th. Finally, Goldman Sachs Group, Inc. (The) started coverage on Union Pacific Corporation in a research note on Monday, November 13th. They issued a “sell” rating and a $103.00 price target for the company. Four investment analysts have rated the stock with a sell rating, sixteen have issued a hold rating and four have assigned a buy rating to the company. The company currently has an average rating of “Hold” and an average price target of $117.59.

Shares of Union Pacific Corporation (UNP) opened at $117.12 on Wednesday. The company has a market capitalization of $92,190.00, a PE ratio of 20.43, a P/E/G ratio of 1.87 and a beta of 0.87. Union Pacific Corporation has a 1-year low of $100.10 and a 1-year high of $119.71. The company has a current ratio of 1.16, a quick ratio of 0.97 and a debt-to-equity ratio of 0.83.

Union Pacific Corporation (NYSE:UNP) last posted its earnings results on Thursday, October 26th. The railroad operator reported $1.50 EPS for the quarter, topping the consensus estimate of $1.49 by $0.01. The firm had revenue of $5.41 billion for 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%. Union Pacific Corporation’s revenue for the quarter was up 4.5% compared to the same quarter last year. During the same period last year, the company earned $1.36 earnings per share. analysts predict that Union Pacific Corporation will post 5.78 EPS for the current year.

The business also recently announced a quarterly dividend, which will be paid on Thursday, December 28th. Investors of record on Thursday, November 30th will be issued a dividend of $0.665 per share. This represents a $2.66 annualized dividend and a yield of 2.27%. This is a positive change from Union Pacific Corporation’s previous quarterly dividend of $0.61. The ex-dividend date is Wednesday, November 29th. Union Pacific Corporation’s dividend payout ratio (DPR) is 42.83%.

Union Pacific Corporation 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.

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

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