Norinchukin Bank The Has $41.14 Million Stake in Union Pacific Co. (UNP)

Norinchukin Bank The grew its position in Union Pacific Co. (NYSE:UNP) by 5.7% in the 3rd quarter, HoldingsChannel reports. The institutional investor owned 354,776 shares of the railroad operator’s stock after purchasing an additional 19,003 shares during the quarter. Union Pacific comprises 0.8% of Norinchukin Bank The’s portfolio, making the stock its 16th biggest holding. Norinchukin Bank The’s holdings in Union Pacific were worth $41,143,000 at the end of the most recent reporting period.

Several other large investors have also recently modified their holdings of the company. Mitsubishi UFJ Securities Holdings Co. Ltd. grew its holdings in shares of Union Pacific by 46.6% during the 2nd quarter. Mitsubishi UFJ Securities Holdings Co. Ltd. now owns 1,070 shares of the railroad operator’s stock valued at $117,000 after purchasing an additional 340 shares during the last quarter. Acrospire Investment Management LLC grew its holdings in shares of Union Pacific by 33.3% during the 2nd quarter. Acrospire Investment Management LLC now owns 1,200 shares of the railroad operator’s stock valued at $131,000 after purchasing an additional 300 shares during the last quarter. Community Bank N.A. grew its holdings in shares of Union Pacific by 3.0% during the 2nd quarter. Community Bank N.A. now owns 1,537 shares of the railroad operator’s stock valued at $168,000 after purchasing an additional 45 shares during the last quarter. Jacobi Capital Management LLC grew its holdings in shares of Union Pacific by 6.6% during the 2nd quarter. Jacobi Capital Management LLC now owns 1,705 shares of the railroad operator’s stock valued at $185,000 after purchasing an additional 105 shares during the last quarter. Finally, Yorkville Capital Management LLC bought a new stake in shares of Union Pacific during the 2nd quarter valued at approximately $202,000. Institutional investors own 78.45% of the company’s stock.

Shares of Union Pacific Co. (NYSE:UNP) opened at $141.17 on Monday. The company has a debt-to-equity ratio of 0.83, a current ratio of 1.16 and a quick ratio of 0.97. Union Pacific Co. has a 12 month low of $101.06 and a 12 month high of $141.81. The company has a market cap of $111,120.00, a price-to-earnings ratio of 24.99, a PEG ratio of 1.97 and a beta of 0.90.

Union Pacific (NYSE:UNP) last posted its quarterly earnings data on Thursday, October 26th. The railroad operator reported $1.50 EPS for the quarter, beating the Zacks’ consensus estimate of $1.49 by $0.01. Union Pacific had a net margin of 21.84% and a return on equity of 23.35%. The company had revenue of $5.41 billion for the quarter, compared to analyst estimates of $5.32 billion. During the same period in the prior year, the firm posted $1.36 EPS. The company’s quarterly revenue was up 4.5% on a year-over-year basis. sell-side analysts anticipate that Union Pacific Co. will post 5.79 earnings per share for the current year.

The company also recently disclosed a quarterly dividend, which was paid on Thursday, December 28th. Stockholders of record on Thursday, November 30th were paid a $0.665 dividend. This is a positive change from Union Pacific’s previous quarterly dividend of $0.61. This represents a $2.66 dividend on an annualized basis and a dividend yield of 1.88%. The ex-dividend date was Wednesday, November 29th. Union Pacific’s dividend payout ratio is currently 47.08%.

A number of research firms have weighed in on UNP. Zacks Investment Research lowered shares of Union Pacific from a “hold” rating to a “sell” rating in a report on Saturday, January 6th. Daiwa Capital Markets raised shares of Union Pacific from a “hold” rating to an “outperform” rating in a report on Thursday. Scotiabank set a $150.00 target price on shares of Union Pacific and gave the stock a “hold” rating in a report on Thursday. JPMorgan Chase & Co. boosted their target price on shares of Union Pacific from $106.00 to $113.00 and gave the stock a “neutral” rating in a report on Thursday, October 12th. Finally, BMO Capital Markets reissued a “buy” rating on shares of Union Pacific in a report on Friday, October 20th. Four equities research analysts have rated the stock with a sell rating, fourteen have issued a hold rating and seven have given a buy rating to the company’s stock. Union Pacific presently has a consensus rating of “Hold” and a consensus price target of $122.65.

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About Union Pacific

Union Pacific Corporation is a railroad operating company in the United States. The Company operates through its principal operating company, Union Pacific Railroad Company (UPRR). Its business mix includes Agricultural Products, Automotive, Chemicals, Coal, Industrial Products and Intermodal. Its freight traffic consists of bulk, manifest, and premium business.

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Institutional Ownership by Quarter for Union Pacific (NYSE:UNP)

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