MML Investors Services LLC Buys 4,795 Shares of Union Pacific Co. (NYSE:UNP)

MML Investors Services LLC grew its stake in shares of Union Pacific Co. (NYSE:UNP - Free Report) by 3.0% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 167,149 shares of the railroad operator's stock after purchasing an additional 4,795 shares during the quarter. MML Investors Services LLC's holdings in Union Pacific were worth $41,199,000 as of its most recent SEC filing.

Several other institutional investors also recently made changes to their positions in the stock. Fairhaven Wealth Management LLC increased its holdings in shares of Union Pacific by 1.7% in the second quarter. Fairhaven Wealth Management LLC now owns 2,581 shares of the railroad operator's stock valued at $584,000 after purchasing an additional 43 shares in the last quarter. Chesapeake Wealth Management increased its holdings in shares of Union Pacific by 0.5% in the second quarter. Chesapeake Wealth Management now owns 8,202 shares of the railroad operator's stock valued at $1,856,000 after purchasing an additional 43 shares in the last quarter. Azzad Asset Management Inc. ADV increased its holdings in shares of Union Pacific by 0.5% in the second quarter. Azzad Asset Management Inc. ADV now owns 8,384 shares of the railroad operator's stock valued at $1,897,000 after purchasing an additional 44 shares in the last quarter. Montecito Bank & Trust increased its holdings in shares of Union Pacific by 0.4% in the second quarter. Montecito Bank & Trust now owns 11,894 shares of the railroad operator's stock valued at $2,691,000 after purchasing an additional 45 shares in the last quarter. Finally, Traveka Wealth LLC increased its holdings in shares of Union Pacific by 3.4% in the third quarter. Traveka Wealth LLC now owns 1,357 shares of the railroad operator's stock valued at $335,000 after purchasing an additional 45 shares in the last quarter. 80.38% of the stock is owned by institutional investors.

Analyst Ratings Changes

A number of analysts have commented on the stock. Bank of America lowered their target price on shares of Union Pacific from $273.00 to $270.00 and set a "buy" rating for the company in a report on Tuesday, September 24th. BMO Capital Markets lowered their target price on shares of Union Pacific from $280.00 to $275.00 and set an "outperform" rating for the company in a report on Friday, September 20th. Raymond James lifted their target price on shares of Union Pacific from $265.00 to $275.00 and gave the stock a "strong-buy" rating in a report on Monday, October 14th. JPMorgan Chase & Co. lowered their target price on shares of Union Pacific from $263.00 to $252.00 and set a "neutral" rating for the company in a report on Friday, October 25th. Finally, TD Cowen lowered their target price on shares of Union Pacific from $255.00 to $252.00 and set a "buy" rating for the company in a report on Friday, October 25th. Nine equities research analysts have rated the stock with a hold rating, eleven have assigned a buy rating and one has issued a strong buy rating to the company's stock. According to data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average target price of $259.80.

Union Pacific Stock Up 0.6 %

UNP traded up $1.30 during trading on Monday, hitting $233.54. The company had a trading volume of 2,755,991 shares, compared to its average volume of 2,336,226. The firm's 50-day moving average price is $238.96 and its 200 day moving average price is $238.29. Union Pacific Co. has a one year low of $218.55 and a one year high of $258.66. The company has a quick ratio of 0.63, a current ratio of 0.77 and a debt-to-equity ratio of 1.79. The company has a market capitalization of $141.59 billion, a PE ratio of 21.45, a PEG ratio of 2.31 and a beta of 1.05.

Union Pacific (NYSE:UNP - Get Free Report) last issued its earnings results on Thursday, October 24th. The railroad operator reported $2.75 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $2.78 by ($0.03). The firm had revenue of $6.09 billion during the quarter, compared to the consensus estimate of $6.14 billion. Union Pacific had a net margin of 27.33% and a return on equity of 41.79%. The firm's revenue for the quarter was up 2.5% compared to the same quarter last year. During the same period in the previous year, the company posted $2.51 earnings per share. As a group, equities analysts expect that Union Pacific Co. will post 10.94 earnings per share for the current year.

Union Pacific Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, December 30th. Stockholders of record on Monday, December 9th will be issued a $1.34 dividend. The ex-dividend date of this dividend is Monday, December 9th. This represents a $5.36 dividend on an annualized basis and a dividend yield of 2.30%. Union Pacific's payout ratio is 49.22%.

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.