Sumitomo Mitsui Trust Group Inc. Buys 17,424 Shares of Union Pacific Co. (NYSE:UNP)

Sumitomo Mitsui Trust Group Inc. grew its holdings in Union Pacific Co. (NYSE:UNP - Free Report) by 1.3% in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 1,361,551 shares of the railroad operator's stock after acquiring an additional 17,424 shares during the period. Sumitomo Mitsui Trust Group Inc. owned 0.22% of Union Pacific worth $335,595,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also modified their holdings of the company. Ameriprise Financial Inc. lifted its stake in shares of Union Pacific by 1.3% in the second quarter. Ameriprise Financial Inc. now owns 8,312,154 shares of the railroad operator's stock worth $1,880,701,000 after buying an additional 106,996 shares during the last quarter. Capital Research Global Investors raised its stake in Union Pacific by 7.6% during the 1st quarter. Capital Research Global Investors now owns 7,370,752 shares of the railroad operator's stock valued at $1,812,689,000 after purchasing an additional 518,985 shares during the last quarter. Legal & General Group Plc raised its stake in Union Pacific by 2.1% during the 2nd quarter. Legal & General Group Plc now owns 5,970,669 shares of the railroad operator's stock valued at $1,350,924,000 after purchasing an additional 124,571 shares during the last quarter. Clearbridge Investments LLC raised its stake in shares of Union Pacific by 5.7% in the 1st quarter. Clearbridge Investments LLC now owns 4,396,974 shares of the railroad operator's stock valued at $1,081,348,000 after buying an additional 237,083 shares in the last quarter. Finally, Canada Pension Plan Investment Board raised its stake in shares of Union Pacific by 8.3% in the 2nd quarter. Canada Pension Plan Investment Board now owns 4,218,730 shares of the railroad operator's stock valued at $954,530,000 after buying an additional 322,129 shares in the last quarter. 80.38% of the stock is currently owned by institutional investors and hedge funds.

Union Pacific Stock Performance

Shares of Union Pacific stock traded down $2.29 during trading on Tuesday, hitting $239.66. 1,380,913 shares of the stock were exchanged, compared to its average volume of 2,308,390. The stock has a market capitalization of $145.30 billion, a price-to-earnings ratio of 21.96, a price-to-earnings-growth ratio of 2.39 and a beta of 1.06. The company has a fifty day moving average price of $243.09 and a 200-day moving average price of $238.66. Union Pacific Co. has a 1-year low of $208.14 and a 1-year high of $258.66. The company has a current ratio of 0.77, a quick ratio of 0.63 and a debt-to-equity ratio of 1.79.

Union Pacific (NYSE:UNP - Get Free Report) last posted its quarterly earnings data 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). Union Pacific had a net margin of 27.33% and a return on equity of 41.79%. The business had revenue of $6.09 billion during the quarter, compared to the consensus estimate of $6.14 billion. During the same period in the prior year, the firm earned $2.51 EPS. The business's revenue for the quarter was up 2.5% on a year-over-year basis. As a group, equities analysts predict that Union Pacific Co. will post 10.94 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

UNP has been the subject of a number of recent research reports. BMO Capital Markets dropped their price objective on shares of Union Pacific from $280.00 to $275.00 and set an "outperform" rating for the company in a research note on Friday, September 20th. Susquehanna dropped their price objective on shares of Union Pacific from $260.00 to $255.00 and set a "neutral" rating for the company in a research note on Friday, October 25th. Daiwa America lowered shares of Union Pacific from a "moderate buy" rating to a "hold" rating in a report on Wednesday, September 4th. Citigroup upped their target price on shares of Union Pacific from $255.00 to $267.00 and gave the stock a "neutral" rating in a report on Tuesday. Finally, StockNews.com lowered shares of Union Pacific from a "buy" rating to a "hold" rating in a report on Tuesday, October 1st. Nine equities research analysts have rated the stock with a hold rating, eleven have given a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of $259.30.

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.