New York State Common Retirement Fund Has $176.57 Million Holdings in Union Pacific Co. (NYSE:UNP)

New York State Common Retirement Fund decreased its position in Union Pacific Co. (NYSE:UNP - Free Report) by 1.0% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 774,297 shares of the railroad operator's stock after selling 8,030 shares during the quarter. New York State Common Retirement Fund owned approximately 0.13% of Union Pacific worth $176,571,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of the company. State Street Corp raised its position in shares of Union Pacific by 0.9% in the third quarter. State Street Corp now owns 24,788,337 shares of the railroad operator's stock valued at $6,109,829,000 after purchasing an additional 217,780 shares during the period. Geode Capital Management LLC raised its position in shares of Union Pacific by 1.4% in the third quarter. Geode Capital Management LLC now owns 12,813,686 shares of the railroad operator's stock valued at $3,146,451,000 after purchasing an additional 182,620 shares during the period. Franklin Resources Inc. raised its position in shares of Union Pacific by 9.3% in the third quarter. Franklin Resources Inc. now owns 7,322,450 shares of the railroad operator's stock valued at $1,795,993,000 after purchasing an additional 625,492 shares during the period. Fisher Asset Management LLC raised its position in shares of Union Pacific by 2.3% in the third quarter. Fisher Asset Management LLC now owns 6,285,585 shares of the railroad operator's stock valued at $1,549,271,000 after purchasing an additional 143,896 shares during the period. Finally, FMR LLC raised its position in shares of Union Pacific by 0.6% in the third quarter. FMR LLC now owns 5,020,107 shares of the railroad operator's stock valued at $1,237,356,000 after purchasing an additional 31,899 shares during the period. Institutional investors own 80.38% of the company's stock.

Union Pacific Price Performance

Shares of NYSE:UNP traded down $2.22 on Friday, hitting $245.43. The stock had a trading volume of 3,292,544 shares, compared to its average volume of 2,700,197. Union Pacific Co. has a twelve month low of $218.55 and a twelve month high of $258.66. The company has a debt-to-equity ratio of 1.76, a quick ratio of 0.62 and a current ratio of 0.77. The firm's 50 day moving average price is $237.47 and its 200-day moving average price is $240.61. The company has a market capitalization of $148.31 billion, a price-to-earnings ratio of 22.13, a price-to-earnings-growth ratio of 2.15 and a beta of 1.06.

Union Pacific (NYSE:UNP - Get Free Report) last issued its earnings results on Thursday, January 23rd. The railroad operator reported $2.91 EPS for the quarter, beating the consensus estimate of $2.76 by $0.15. Union Pacific had a net margin of 27.82% and a return on equity of 41.12%. During the same period in the prior year, the firm posted $2.71 EPS. On average, equities research analysts predict that Union Pacific Co. will post 11.99 earnings per share for the current year.

Union Pacific Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, March 31st. Investors of record on Friday, February 28th will be given a dividend of $1.34 per share. The ex-dividend date is Friday, February 28th. This represents a $5.36 annualized dividend and a yield of 2.18%. Union Pacific's dividend payout ratio (DPR) is 48.33%.

Analysts Set New Price Targets

A number of equities analysts recently issued reports on UNP shares. JPMorgan Chase & Co. dropped their target price on shares of Union Pacific from $263.00 to $252.00 and set a "neutral" rating on the stock in a research report on Friday, October 25th. BMO Capital Markets boosted their target price on shares of Union Pacific from $275.00 to $277.00 and gave the stock an "outperform" rating in a research report on Friday, January 24th. Robert W. Baird boosted their target price on shares of Union Pacific from $260.00 to $265.00 and gave the stock an "outperform" rating in a research report on Friday, January 24th. Susquehanna dropped their target price on shares of Union Pacific from $260.00 to $255.00 and set a "neutral" rating on the stock in a research report on Friday, October 25th. Finally, Benchmark lifted their price target on shares of Union Pacific from $266.00 to $275.00 and gave the stock a "buy" rating in a research note on Friday, January 24th. One equities research analyst has rated the stock with a sell rating, seven have given a hold rating, twelve have issued a buy rating and one has given a strong buy rating to the company's stock. According to data from MarketBeat, Union Pacific currently has a consensus rating of "Moderate Buy" and an average price target of $261.40.

Insider Buying and Selling

In other Union Pacific news, EVP Craig V. Richardson sold 6,495 shares of the business's stock in a transaction dated Monday, January 27th. The stock was sold at an average price of $252.00, for a total transaction of $1,636,740.00. Following the completion of the sale, the executive vice president now directly owns 26,319 shares of the company's stock, valued at approximately $6,632,388. The trade was a 19.79 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, President Elizabeth F. Whited sold 7,500 shares of the business's stock in a transaction dated Friday, January 24th. The stock was sold at an average price of $250.00, for a total value of $1,875,000.00. Following the sale, the president now directly owns 64,960 shares of the company's stock, valued at $16,240,000. This represents a 10.35 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 0.28% of the stock is owned by corporate insiders.

Union Pacific Company Profile

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.