TD Waterhouse Canada Inc. Has $30.57 Million Position in Union Pacific Co. (NYSE:UNP)

TD Waterhouse Canada Inc. increased its stake in Union Pacific Co. (NYSE:UNP - Free Report) by 2.3% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 133,969 shares of the railroad operator's stock after acquiring an additional 3,003 shares during the period. TD Waterhouse Canada Inc.'s holdings in Union Pacific were worth $30,565,000 at the end of the most recent reporting period.

A number of other hedge funds have also made changes to their positions in UNP. Geode Capital Management LLC lifted its stake in Union Pacific by 12.6% during the fourth quarter. Geode Capital Management LLC now owns 14,430,581 shares of the railroad operator's stock valued at $3,282,305,000 after purchasing an additional 1,616,895 shares during the last quarter. Capital Research Global Investors increased its holdings in shares of Union Pacific by 14.3% in the fourth quarter. Capital Research Global Investors now owns 10,395,364 shares of the railroad operator's stock valued at $2,370,559,000 after buying an additional 1,298,178 shares in the last quarter. Norges Bank acquired a new stake in shares of Union Pacific during the 4th quarter valued at $1,927,377,000. Franklin Resources Inc. boosted its stake in shares of Union Pacific by 5.0% during the 4th quarter. Franklin Resources Inc. now owns 7,686,387 shares of the railroad operator's stock worth $1,752,804,000 after acquiring an additional 363,937 shares in the last quarter. Finally, Invesco Ltd. grew its holdings in shares of Union Pacific by 4.6% in the 4th quarter. Invesco Ltd. now owns 6,439,861 shares of the railroad operator's stock worth $1,468,546,000 after acquiring an additional 285,401 shares during the last quarter. Institutional investors and hedge funds own 80.38% of the company's stock.

Wall Street Analysts Forecast Growth

Several brokerages have recently commented on UNP. Robert W. Baird upped their target price on Union Pacific from $260.00 to $265.00 and gave the company an "outperform" rating in a report on Friday, January 24th. BMO Capital Markets raised their target price on shares of Union Pacific from $275.00 to $277.00 and gave the stock an "outperform" rating in a report on Friday, January 24th. Citigroup raised shares of Union Pacific from a "neutral" rating to a "buy" rating and dropped their target price for the stock from $260.00 to $244.00 in a research report on Tuesday, April 8th. Redburn Atlantic upgraded shares of Union Pacific from a "neutral" rating to a "buy" rating and set a $259.00 price target for the company in a research report on Wednesday, April 16th. Finally, Deutsche Bank Aktiengesellschaft initiated coverage on Union Pacific in a research report on Friday, March 7th. They set a "buy" rating and a $295.00 price objective for the company. One investment analyst has rated the stock with a sell rating, seven have assigned a hold rating, fourteen have given a buy rating and one has given a strong buy rating to the company's stock. According to data from MarketBeat.com, Union Pacific presently has a consensus rating of "Moderate Buy" and a consensus price target of $255.82.

Union Pacific Stock Down 1.0 %

NYSE UNP traded down $2.10 during trading on Friday, hitting $213.35. 3,251,926 shares of the company traded hands, compared to its average volume of 3,022,230. Union Pacific Co. has a 12 month low of $204.66 and a 12 month high of $258.07. The business has a fifty day simple moving average of $232.43 and a 200 day simple moving average of $235.84. The company has a market capitalization of $127.86 billion, a P/E ratio of 19.24, a PEG ratio of 2.15 and a beta of 1.06. The company has a current ratio of 0.77, a quick ratio of 0.62 and a debt-to-equity ratio of 1.76.

Union Pacific (NYSE:UNP - Get Free Report) last issued its quarterly earnings data on Thursday, April 24th. The railroad operator reported $2.70 earnings per share for the quarter, missing analysts' consensus estimates of $2.79 by ($0.09). The company had revenue of $6.03 billion during the quarter, compared to the consensus estimate of $6.11 billion. Union Pacific had a net margin of 27.82% and a return on equity of 41.12%. As a group, sell-side analysts predict that Union Pacific Co. will post 11.99 EPS for the current year.

Union Pacific Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, March 31st. Stockholders of record on Friday, February 28th were paid a $1.34 dividend. This represents a $5.36 dividend on an annualized basis and a dividend yield of 2.51%. The ex-dividend date was Friday, February 28th. Union Pacific's payout ratio is 48.33%.

Insider Buying and Selling

In other Union Pacific news, EVP Craig V. Richardson sold 6,495 shares of Union Pacific stock in a transaction that occurred on Monday, January 27th. The stock was sold at an average price of $252.00, for a total value of $1,636,740.00. Following the transaction, the executive vice president now directly owns 26,319 shares of the company's stock, valued at $6,632,388. The trade was a 19.79 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. 0.28% of the stock is owned by 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.