Tokio Marine Asset Management Co. Ltd. Purchases 567 Shares of Union Pacific Co. (NYSE:UNP)

Tokio Marine Asset Management Co. Ltd. increased its position in Union Pacific Co. (NYSE:UNP) by 4.4% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 13,332 shares of the railroad operator’s stock after purchasing an additional 567 shares during the period. Tokio Marine Asset Management Co. Ltd.’s holdings in Union Pacific were worth $3,275,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of the company. Desjardins Global Asset Management Inc. boosted its position in shares of Union Pacific by 1.4% during the fourth quarter. Desjardins Global Asset Management Inc. now owns 3,000 shares of the railroad operator’s stock valued at $737,000 after buying an additional 41 shares during the last quarter. Twin Capital Management Inc. raised its stake in shares of Union Pacific by 3.0% in the fourth quarter. Twin Capital Management Inc. now owns 1,394 shares of the railroad operator’s stock worth $342,000 after buying an additional 41 shares during the period. Sunburst Financial Group LLC raised its stake in shares of Union Pacific by 1.8% in the fourth quarter. Sunburst Financial Group LLC now owns 2,393 shares of the railroad operator’s stock worth $588,000 after buying an additional 42 shares during the period. Sunflower Bank N.A. raised its stake in shares of Union Pacific by 0.8% in the fourth quarter. Sunflower Bank N.A. now owns 5,573 shares of the railroad operator’s stock worth $1,369,000 after buying an additional 43 shares during the period. Finally, West Paces Advisors Inc. raised its stake in shares of Union Pacific by 2.3% in the fourth quarter. West Paces Advisors Inc. now owns 1,886 shares of the railroad operator’s stock worth $463,000 after buying an additional 43 shares during the period. 80.38% of the stock is currently owned by institutional investors.

Union Pacific Stock Up 4.0 %

NYSE:UNP traded up $9.35 during mid-day trading on Thursday, hitting $241.33. 2,063,863 shares of the company’s stock traded hands, compared to its average volume of 2,310,142. The company has a fifty day moving average of $244.48 and a 200 day moving average of $234.62. Union Pacific Co. has a twelve month low of $190.37 and a twelve month high of $258.66. The company has a market capitalization of $147.24 billion, a P/E ratio of 22.18, a P/E/G ratio of 2.55 and a beta of 1.07. The company has a debt-to-equity ratio of 2.11, a quick ratio of 0.67 and a current ratio of 0.81.

Union Pacific (NYSE:UNP) last announced its earnings results on Thursday, January 25th. The railroad operator reported $2.71 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.56 by $0.15. Union Pacific had a return on equity of 46.87% and a net margin of 26.45%. The company had revenue of $6.16 billion for the quarter, compared to analyst estimates of $6.05 billion. During the same period in the prior year, the company posted $2.67 EPS. The firm’s quarterly revenue was down .3% compared to the same quarter last year. On average, analysts forecast that Union Pacific Co. will post 11.01 EPS for the current year.

Union Pacific Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, March 29th. Investors of record on Thursday, February 29th were given a dividend of $1.30 per share. This represents a $5.20 annualized dividend and a yield of 2.15%. The ex-dividend date was Wednesday, February 28th. Union Pacific’s dividend payout ratio is currently 49.71%.

Wall Street Analysts Forecast Growth

Several brokerages recently issued reports on UNP. Raymond James lifted their target price on Union Pacific from $240.00 to $275.00 and gave the company a “strong-buy” rating in a research note on Tuesday, January 16th. TD Cowen lifted their target price on Union Pacific from $228.00 to $251.00 and gave the company an “outperform” rating in a research note on Friday, January 26th. UBS Group lifted their target price on Union Pacific from $235.00 to $248.00 and gave the company a “neutral” rating in a research note on Friday, January 26th. Susquehanna lifted their target price on Union Pacific from $245.00 to $255.00 and gave the company a “neutral” rating in a research note on Thursday, March 28th. Finally, Jefferies Financial Group assumed coverage on Union Pacific in a research note on Monday, April 8th. They set a “hold” rating and a $250.00 target price on the stock. Seven research analysts have rated the stock with a hold rating, eleven have issued a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $255.00.

Insider Buying and Selling at Union Pacific

In other Union Pacific news, President Elizabeth F. Whited sold 3,750 shares of the business’s stock in a transaction dated Thursday, February 15th. The stock was sold at an average price of $250.00, for a total transaction of $937,500.00. Following the sale, the president now owns 56,682 shares in the company, valued at approximately $14,170,500. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Company insiders own 0.28% of the company’s stock.

About Union Pacific

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.