Intech Investment Management LLC Has $7.78 Million Holdings in Union Pacific Co. (NYSE:UNP)

Intech Investment Management LLC lowered its stake in shares of Union Pacific Co. (NYSE:UNP - Free Report) by 22.5% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 31,625 shares of the railroad operator's stock after selling 9,177 shares during the quarter. Intech Investment Management LLC's holdings in Union Pacific were worth $7,778,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in UNP. Desjardins Global Asset Management Inc. increased its holdings in shares of Union Pacific by 1.4% in the 4th quarter. Desjardins Global Asset Management Inc. now owns 3,000 shares of the railroad operator's stock valued at $737,000 after acquiring an additional 41 shares during the last quarter. Twin Capital Management Inc. raised its holdings in shares of Union Pacific by 3.0% during the fourth quarter. Twin Capital Management Inc. now owns 1,394 shares of the railroad operator's stock worth $342,000 after purchasing an additional 41 shares during the period. Forum Financial Management LP raised its holdings in shares of Union Pacific by 0.6% during the first quarter. Forum Financial Management LP now owns 7,037 shares of the railroad operator's stock worth $1,731,000 after purchasing an additional 41 shares during the period. Mission Wealth Management LP lifted its position in shares of Union Pacific by 0.5% in the 4th quarter. Mission Wealth Management LP now owns 7,838 shares of the railroad operator's stock worth $1,925,000 after buying an additional 42 shares during the last quarter. Finally, Berkeley Capital Partners LLC boosted its holdings in shares of Union Pacific by 1.0% in the 4th quarter. Berkeley Capital Partners LLC now owns 4,100 shares of the railroad operator's stock valued at $1,007,000 after buying an additional 42 shares during the period. Institutional investors and hedge funds own 80.38% of the company's stock.

Union Pacific Trading Down 0.3 %

UNP stock traded down $0.69 during mid-day trading on Friday, reaching $242.32. 3,870,094 shares of the stock traded hands, compared to its average volume of 2,111,814. Union Pacific Co. has a 52-week low of $199.33 and a 52-week high of $258.66. The stock's fifty day moving average is $230.55 and its 200-day moving average is $239.01. The company has a market cap of $147.84 billion, a P/E ratio of 23.12, a P/E/G ratio of 2.07 and a beta of 1.06. The company has a current ratio of 0.93, a quick ratio of 0.76 and a debt-to-equity ratio of 1.99.

Union Pacific (NYSE:UNP - Get Free Report) last issued its quarterly earnings results on Thursday, April 25th. The railroad operator reported $2.69 EPS for the quarter, beating the consensus estimate of $2.50 by $0.19. Union Pacific had a net margin of 26.52% and a return on equity of 44.34%. The business had revenue of $6.03 billion during the quarter, compared to the consensus estimate of $5.97 billion. During the same quarter in the prior year, the firm earned $2.67 EPS. The firm's quarterly revenue was down .4% on a year-over-year basis. As a group, sell-side analysts expect that Union Pacific Co. will post 11.14 earnings per share for the current year.

Union Pacific Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, September 30th. Stockholders of record on Friday, August 30th will be issued a dividend of $1.34 per share. This is an increase from Union Pacific's previous quarterly dividend of $1.30. The ex-dividend date is Friday, August 30th. This represents a $5.36 dividend on an annualized basis and a dividend yield of 2.21%. Union Pacific's payout ratio is currently 49.62%.

Analysts Set New Price Targets

A number of brokerages have issued reports on UNP. Sanford C. Bernstein cut their target price on shares of Union Pacific from $290.00 to $273.00 and set an "outperform" rating on the stock in a report on Monday, July 8th. Stifel Nicolaus lowered their price objective on Union Pacific from $267.00 to $265.00 and set a "buy" rating for the company in a research note on Wednesday. Benchmark increased their target price on Union Pacific from $260.00 to $266.00 and gave the stock a "buy" rating in a research report on Wednesday, April 10th. StockNews.com downgraded shares of Union Pacific from a "buy" rating to a "hold" rating in a report on Tuesday, June 18th. Finally, The Goldman Sachs Group lifted their price objective on shares of Union Pacific from $248.00 to $274.00 and gave the company a "buy" rating in a research report on Thursday, April 11th. Eight investment analysts have rated the stock with a hold rating, thirteen have given a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average price target of $258.54.

Union Pacific 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.