Brown Brothers Harriman & Co. Has $50.52 Million Stock Holdings in Union Pacific Co. (NYSE:UNP)

Brown Brothers Harriman & Co. boosted its position in shares of Union Pacific Co. (NYSE:UNP) by 0.5% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 223,301 shares of the railroad operator’s stock after purchasing an additional 1,162 shares during the quarter. Brown Brothers Harriman & Co.’s holdings in Union Pacific were worth $50,524,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors also recently added to or reduced their stakes in the business. OLD Point Trust & Financial Services N A acquired a new position in Union Pacific in the fourth quarter valued at approximately $25,000. Richardson Capital Management LLC acquired a new position in shares of Union Pacific in the 1st quarter valued at $26,000. Raleigh Capital Management Inc. boosted its position in shares of Union Pacific by 211.4% in the 4th quarter. Raleigh Capital Management Inc. now owns 109 shares of the railroad operator’s stock worth $27,000 after purchasing an additional 74 shares during the last quarter. Cultivar Capital Inc. acquired a new stake in shares of Union Pacific during the second quarter worth $27,000. Finally, Scarborough Advisors LLC bought a new stake in Union Pacific in the fourth quarter valued at about $29,000. 80.38% of the stock is currently owned by institutional investors and hedge funds.

Union Pacific Trading Up 0.1 %

Shares of NYSE:UNP opened at $249.12 on Monday. The company’s 50-day moving average price is $243.00 and its two-hundred day moving average price is $239.08. Union Pacific Co. has a one year low of $199.33 and a one year high of $258.66. The company has a debt-to-equity ratio of 1.89, a current ratio of 1.05 and a quick ratio of 0.86. The stock has a market capitalization of $151.76 billion, a PE ratio of 23.77, a price-to-earnings-growth ratio of 2.20 and a beta of 1.05.

Union Pacific (NYSE:UNP) last released its earnings results on Thursday, July 25th. The railroad operator reported $2.74 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.71 by $0.03. The business had revenue of $6.01 billion for the quarter, compared to analyst estimates of $6.05 billion. Union Pacific had a return on equity of 42.62% and a net margin of 26.90%. Union Pacific’s revenue was up .7% on a year-over-year basis. During the same quarter in the prior year, the company posted $2.57 earnings per share. On average, equities analysts forecast that Union Pacific Co. will post 11.11 EPS for the current fiscal year.

Union Pacific Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, September 30th. Investors of record on Friday, August 30th will be paid a $1.34 dividend. The ex-dividend date is Friday, August 30th. This is a boost from Union Pacific’s previous quarterly dividend of $1.30. This represents a $5.36 annualized dividend and a dividend yield of 2.15%. Union Pacific’s dividend payout ratio (DPR) is currently 51.15%.

Insider Buying and Selling

In other Union Pacific news, President Elizabeth F. Whited sold 3,552 shares of the stock in a transaction on Tuesday, July 30th. The shares were sold at an average price of $246.59, for a total value of $875,887.68. Following the completion of the sale, the president now owns 64,945 shares in the company, valued at $16,014,787.55. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. 0.28% of the stock is owned by corporate insiders.

Analyst Ratings Changes

UNP has been the topic of a number of recent analyst reports. Benchmark restated a “buy” rating and set a $266.00 target price on shares of Union Pacific in a report on Monday, July 29th. Susquehanna decreased their price objective on shares of Union Pacific from $270.00 to $250.00 and set a “neutral” rating for the company in a report on Tuesday, June 25th. Wells Fargo & Company began coverage on shares of Union Pacific in a report on Friday, June 7th. They issued an “overweight” rating and a $270.00 price target for the company. TD Cowen decreased their target price on Union Pacific from $259.00 to $255.00 and set a “buy” rating for the company in a research note on Friday, July 26th. Finally, Sanford C. Bernstein lowered their price target on Union Pacific from $290.00 to $273.00 and set an “outperform” rating for the company in a report on Monday, July 8th. Eight investment analysts have rated the stock with a hold rating, twelve have assigned a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat.com, Union Pacific presently has a consensus rating of “Moderate Buy” and a consensus price target of $258.79.

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.