New York State Teachers Retirement System Has $112.65 Million Stock Holdings in Union Pacific Co. (NYSE:UNP)

New York State Teachers Retirement System cut its position in Union Pacific Co. (NYSE:UNP - Free Report) by 5.3% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 494,010 shares of the railroad operator's stock after selling 27,901 shares during the period. New York State Teachers Retirement System owned about 0.08% of Union Pacific worth $112,654,000 at the end of the most recent reporting period.

Several other hedge funds also recently bought and sold shares of the company. State Street Corp raised its holdings in shares of Union Pacific by 0.9% during the third quarter. State Street Corp now owns 24,788,337 shares of the railroad operator's stock worth $6,109,829,000 after acquiring an additional 217,780 shares during the period. Geode Capital Management LLC increased its stake in Union Pacific by 1.4% in the 3rd quarter. Geode Capital Management LLC now owns 12,813,686 shares of the railroad operator's stock valued at $3,146,451,000 after buying an additional 182,620 shares during the last quarter. Franklin Resources Inc. increased its stake in Union Pacific by 9.3% in the 3rd quarter. Franklin Resources Inc. now owns 7,322,450 shares of the railroad operator's stock valued at $1,795,993,000 after buying an additional 625,492 shares during the last quarter. Fisher Asset Management LLC increased its stake in Union Pacific by 2.3% in the 3rd quarter. Fisher Asset Management LLC now owns 6,285,585 shares of the railroad operator's stock valued at $1,549,271,000 after buying an additional 143,896 shares during the last quarter. Finally, FMR LLC increased its stake in Union Pacific by 0.6% in the 3rd quarter. FMR LLC now owns 5,020,107 shares of the railroad operator's stock valued at $1,237,356,000 after buying an additional 31,899 shares during the last quarter. 80.38% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several equities research analysts have issued reports on UNP shares. Benchmark lifted their price target on shares of Union Pacific from $266.00 to $275.00 and gave the company a "buy" rating in a research note on Friday, January 24th. BMO Capital Markets lifted their price target on shares of Union Pacific from $275.00 to $277.00 and gave the company an "outperform" rating in a research note on Friday, January 24th. Citigroup lifted their price target on shares of Union Pacific from $254.00 to $260.00 and gave the company a "neutral" rating in a research note on Friday, January 24th. JPMorgan Chase & Co. decreased their price objective on shares of Union Pacific from $263.00 to $252.00 and set a "neutral" rating for the company in a research report on Friday, October 25th. Finally, Royal Bank of Canada decreased their price objective on shares of Union Pacific from $288.00 to $283.00 and set an "outperform" rating for the company in a research report on Friday, October 25th. One investment analyst has rated the stock with a sell rating, seven have issued a hold rating, twelve have issued a buy rating and one has issued a strong buy rating to the company's stock. According to data from MarketBeat, Union Pacific has an average rating of "Moderate Buy" and a consensus price target of $261.40.

Union Pacific Stock Performance

Shares of UNP stock traded up $1.86 during midday trading on Tuesday, hitting $251.08. 1,709,284 shares of the company were exchanged, compared to its average volume of 2,729,042. The firm has a market capitalization of $151.73 billion, a P/E ratio of 22.64, a PEG ratio of 2.11 and a beta of 1.06. The company has a debt-to-equity ratio of 1.76, a quick ratio of 0.63 and a current ratio of 0.77. The firm's 50 day moving average price is $236.65 and its two-hundred day moving average price is $240.44. Union Pacific Co. has a 52 week low of $218.55 and a 52 week high of $258.66.

Union Pacific (NYSE:UNP - Get Free Report) last announced its earnings results on Thursday, January 23rd. The railroad operator reported $2.91 EPS for the quarter, topping 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 quarter in the prior year, the business posted $2.71 earnings per share. As a group, equities research analysts anticipate that Union Pacific Co. will post 12.01 earnings per share for the current year.

Union Pacific Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, March 31st. Shareholders of record on Friday, February 28th will be issued a $1.34 dividend. This represents a $5.36 dividend on an annualized basis and a yield of 2.13%. The ex-dividend date of this dividend is Friday, February 28th. Union Pacific's dividend payout ratio is currently 48.33%.

Insider Buying and Selling at Union Pacific

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

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.