Sun Life Financial INC lifted its holdings in shares of Union Pacific Co. (NYSE:UNP) by 26.0% during the third quarter, HoldingsChannel reports. The institutional investor owned 7,476 shares of the railroad operator’s stock after acquiring an additional 1,542 shares during the quarter. Sun Life Financial INC’s holdings in Union Pacific were worth $867,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also made changes to their positions in the stock. Appleton Partners Inc. MA lifted its stake in Union Pacific by 12.9% in the 2nd quarter. Appleton Partners Inc. MA now owns 17,544 shares of the railroad operator’s stock worth $1,911,000 after purchasing an additional 2,000 shares in the last quarter. First Financial Bank Trust Division lifted its stake in Union Pacific by 6.0% in the 2nd quarter. First Financial Bank Trust Division now owns 4,077 shares of the railroad operator’s stock worth $444,000 after purchasing an additional 231 shares in the last quarter. Cornerstone Investment Partners LLC lifted its stake in Union Pacific by 32.8% in the 2nd quarter. Cornerstone Investment Partners LLC now owns 592,244 shares of the railroad operator’s stock worth $64,501,000 after purchasing an additional 146,434 shares in the last quarter. Pennsylvania Trust Co increased its holdings in shares of Union Pacific by 48.7% in the 2nd quarter. Pennsylvania Trust Co now owns 142,230 shares of the railroad operator’s stock worth $15,490,000 after buying an additional 46,601 shares during the last quarter. Finally, NN Investment Partners Holdings N.V. increased its holdings in shares of Union Pacific by 24.8% in the 2nd quarter. NN Investment Partners Holdings N.V. now owns 439,843 shares of the railroad operator’s stock worth $47,903,000 after buying an additional 87,469 shares during the last quarter. Institutional investors own 78.56% of the company’s stock.

Union Pacific Co. (NYSE:UNP) opened at $141.25 on Monday. 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 Co. has a twelve month low of $101.06 and a twelve month high of $142.19. The company has a market cap of $111,187.59, a price-to-earnings ratio of 24.96, a P/E/G ratio of 1.87 and a beta of 0.90.

Union Pacific (NYSE:UNP) last released its earnings results on Thursday, October 26th. The railroad operator reported $1.50 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $1.49 by $0.01. Union Pacific had a net margin of 21.84% and a return on equity of 23.35%. The company had revenue of $5.41 billion for the quarter, compared to analyst estimates of $5.32 billion. During the same quarter last year, the firm earned $1.36 EPS. The firm’s quarterly revenue was up 4.5% compared to the same quarter last year. research analysts forecast that Union Pacific Co. will post 5.79 earnings per share for the current year.

The firm also recently announced a quarterly dividend, which was paid on Thursday, December 28th. Investors of record on Thursday, November 30th were issued a dividend of $0.665 per share. The ex-dividend date was Wednesday, November 29th. This represents a $2.66 annualized dividend and a dividend yield of 1.88%. This is a positive change from Union Pacific’s previous quarterly dividend of $0.61. Union Pacific’s dividend payout ratio (DPR) is currently 47.00%.

A number of brokerages have recently commented on UNP. Morgan Stanley increased their price target on shares of Union Pacific from $100.00 to $104.00 and gave the stock an “equal weight” rating in a report on Tuesday, October 31st. Goldman Sachs Group began coverage on shares of Union Pacific in a report on Monday, November 13th. They issued a “sell” rating and a $103.00 price target on the stock. Wolfe Research raised shares of Union Pacific from a “market perform” rating to an “outperform” rating in a report on Friday, January 5th. Daiwa Capital Markets raised shares of Union Pacific from a “hold” rating to an “outperform” rating in a report on Thursday, January 11th. Finally, Citigroup lowered shares of Union Pacific from a “buy” rating to a “neutral” rating and set a $120.00 price target on the stock. in a report on Wednesday, October 4th. Three equities research analysts have rated the stock with a sell rating, thirteen have issued a hold rating and eight have given a buy rating to the company’s stock. Union Pacific currently has a consensus rating of “Hold” and a consensus target price of $125.16.

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About Union Pacific

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 (NYSE:UNP)

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