Wellington Management Group LLP Sells 74,973 Shares of Union Pacific Co. (NYSE:UNP)

Wellington Management Group LLP lessened its stake in shares of Union Pacific Co. (NYSE:UNP - Free Report) by 1.1% in the 3rd quarter, according to its most recent disclosure with the SEC. The firm owned 6,629,868 shares of the railroad operator's stock after selling 74,973 shares during the period. Wellington Management Group LLP owned 1.09% of Union Pacific worth $1,634,130,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Shellback Capital LP raised its stake in Union Pacific by 28.2% during the 2nd quarter. Shellback Capital LP now owns 20,000 shares of the railroad operator's stock worth $4,525,000 after acquiring an additional 4,400 shares during the period. Peoples Bank KS purchased a new stake in shares of Union Pacific in the third quarter worth $834,000. Maj Invest Holding A S raised its position in shares of Union Pacific by 0.3% during the 3rd quarter. Maj Invest Holding A S now owns 676,098 shares of the railroad operator's stock valued at $166,645,000 after purchasing an additional 2,202 shares during the period. Radnor Capital Management LLC bought a new position in Union Pacific in the 3rd quarter worth $2,923,000. Finally, Signature Estate & Investment Advisors LLC increased its stake in Union Pacific by 190.5% in the 3rd quarter. Signature Estate & Investment Advisors LLC now owns 4,430 shares of the railroad operator's stock worth $1,092,000 after buying an additional 2,905 shares in the last quarter. Institutional investors own 80.38% of the company's stock.

Union Pacific Trading Down 0.5 %

Shares of UNP traded down $1.06 during trading hours on Friday, reaching $233.57. 2,585,152 shares of the company traded hands, compared to its average volume of 2,514,897. The stock's fifty day moving average price is $239.43 and its 200 day moving average price is $238.31. The company has a current ratio of 0.77, a quick ratio of 0.63 and a debt-to-equity ratio of 1.79. The firm has a market cap of $141.60 billion, a price-to-earnings ratio of 21.45, a PEG ratio of 2.33 and a beta of 1.05. Union Pacific Co. has a 12-month low of $218.55 and a 12-month high of $258.66.

Union Pacific (NYSE:UNP - Get Free Report) last issued its earnings results on Thursday, October 24th. The railroad operator reported $2.75 EPS for the quarter, missing analysts' consensus estimates of $2.78 by ($0.03). Union Pacific had a return on equity of 41.79% and a net margin of 27.33%. The company had revenue of $6.09 billion during the quarter, compared to the consensus estimate of $6.14 billion. During the same quarter in the prior year, the company earned $2.51 earnings per share. Union Pacific's revenue was up 2.5% on a year-over-year basis. Sell-side analysts forecast that Union Pacific Co. will post 10.94 earnings per share for the current year.

Union Pacific Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, December 30th. Investors of record on Monday, December 9th will be issued a $1.34 dividend. The ex-dividend date is Monday, December 9th. This represents a $5.36 annualized dividend and a dividend yield of 2.29%. Union Pacific's payout ratio is currently 49.22%.

Analysts Set New Price Targets

Several equities analysts have recently commented on the company. JPMorgan Chase & Co. lowered their price objective on Union Pacific from $263.00 to $252.00 and set a "neutral" rating on the stock in a research report on Friday, October 25th. Bank of America lowered their price target on Union Pacific from $273.00 to $270.00 and set a "buy" rating on the stock in a report on Tuesday, September 24th. Barclays lifted their price objective on shares of Union Pacific from $275.00 to $285.00 and gave the company an "overweight" rating in a research report on Wednesday, November 13th. Raymond James upped their target price on shares of Union Pacific from $265.00 to $275.00 and gave the stock a "strong-buy" rating in a research report on Monday, October 14th. Finally, Citigroup raised their target price on shares of Union Pacific from $255.00 to $267.00 and gave the company a "neutral" rating in a research note on Tuesday, November 12th. Nine investment analysts have rated the stock with a hold rating, eleven have assigned a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus price target of $259.80.

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.