MML Investors Services LLC Has $41.20 Million Stock Holdings in Union Pacific Co. (NYSE:UNP)

MML Investors Services LLC raised its position in shares of Union Pacific Co. (NYSE:UNP) by 3.0% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 167,149 shares of the railroad operator’s stock after purchasing an additional 4,795 shares during the period. MML Investors Services LLC’s holdings in Union Pacific were worth $41,199,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Shellback Capital LP boosted its stake in shares of Union Pacific by 28.2% in the 2nd quarter. Shellback Capital LP now owns 20,000 shares of the railroad operator’s stock valued at $4,525,000 after purchasing an additional 4,400 shares in the last quarter. Peoples Bank KS bought a new position in Union Pacific in the 3rd quarter valued at approximately $834,000. Maj Invest Holding A S boosted its position in Union Pacific by 0.3% in the third quarter. Maj Invest Holding A S now owns 676,098 shares of the railroad operator’s stock valued at $166,645,000 after buying an additional 2,202 shares in the last quarter. Radnor Capital Management LLC bought a new stake in shares of Union Pacific during the third quarter worth $2,923,000. Finally, Signature Estate & Investment Advisors LLC increased its holdings in shares of Union Pacific by 190.5% during the third 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. 80.38% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several research firms recently weighed in on UNP. Citigroup raised their price objective on Union Pacific from $255.00 to $267.00 and gave the company a “neutral” rating in a report on Tuesday, November 12th. BMO Capital Markets cut their price target on Union Pacific from $280.00 to $275.00 and set an “outperform” rating on the stock in a research note on Friday, September 20th. Susquehanna reduced their price target on Union Pacific from $260.00 to $255.00 and set a “neutral” rating on the stock in a report on Friday, October 25th. Benchmark reiterated a “buy” rating and issued a $266.00 price objective on shares of Union Pacific in a report on Friday, October 25th. 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 assigned a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $259.80.

Union Pacific Stock Down 0.5 %

Shares of NYSE UNP opened at $233.57 on Monday. The company has a quick ratio of 0.63, a current ratio of 0.77 and a debt-to-equity ratio of 1.79. The firm has a market cap of $141.60 billion, a PE ratio of 21.45, a P/E/G ratio of 2.31 and a beta of 1.05. The company’s fifty day simple moving average is $239.22 and its 200 day simple moving average is $238.29. Union Pacific Co. has a 12-month low of $218.55 and a 12-month high of $258.66.

Union Pacific (NYSE:UNP) last released 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). The company had revenue of $6.09 billion for the quarter, compared to the consensus estimate of $6.14 billion. Union Pacific had a return on equity of 41.79% and a net margin of 27.33%. Union Pacific’s revenue for the quarter was up 2.5% compared to the same quarter last year. During the same period last year, the company earned $2.51 EPS. As a group, sell-side analysts forecast that Union Pacific Co. will post 10.94 earnings per share for the current fiscal year.

Union Pacific Dividend Announcement

The company also recently announced 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. This represents a $5.36 dividend on an annualized basis and a dividend yield of 2.29%. The ex-dividend date of this dividend is Monday, December 9th. Union Pacific’s dividend payout ratio is currently 49.22%.

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.