Denver Investment Advisors LLC reduced its stake in shares of Union Pacific Corporation (NYSE:UNP) by 48.2% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 10,117 shares of the railroad operator’s stock after selling 9,414 shares during the period. Denver Investment Advisors LLC’s holdings in Union Pacific Corporation were worth $1,072,000 as of its most recent filing with the SEC.
Several other hedge funds have also recently modified their holdings of the stock. Prospera Financial Services Inc boosted its position in shares of Union Pacific Corporation by 0.3% in the first quarter. Prospera Financial Services Inc now owns 2,163 shares of the railroad operator’s stock valued at $230,000 after buying an additional 7 shares during the last quarter. Family Firm Inc. boosted its position in shares of Union Pacific Corporation by 0.5% in the first quarter. Family Firm Inc. now owns 4,178 shares of the railroad operator’s stock valued at $443,000 after buying an additional 21 shares during the last quarter. Court Place Advisors LLC boosted its position in shares of Union Pacific Corporation by 0.4% in the first quarter. Court Place Advisors LLC now owns 7,506 shares of the railroad operator’s stock valued at $795,000 after buying an additional 29 shares during the last quarter. Highland Private Wealth Management boosted its position in shares of Union Pacific Corporation by 1.6% in the first quarter. Highland Private Wealth Management now owns 1,978 shares of the railroad operator’s stock valued at $210,000 after buying an additional 32 shares during the last quarter. Finally, Integrated Wealth Management boosted its position in shares of Union Pacific Corporation by 1.5% in the first quarter. Integrated Wealth Management now owns 2,925 shares of the railroad operator’s stock valued at $310,000 after buying an additional 44 shares during the last quarter. Institutional investors own 79.97% of the company’s stock.
Shares of Union Pacific Corporation (NYSE:UNP) opened at 102.48 on Friday. The company has a 50 day moving average of $107.61 and a 200-day moving average of $107.96. The company has a market cap of $82.02 billion, a PE ratio of 18.59 and a beta of 0.81. Union Pacific Corporation has a 12-month low of $87.06 and a 12-month high of $115.15.
Union Pacific Corporation (NYSE:UNP) last issued its quarterly earnings data on Thursday, July 20th. The railroad operator reported $1.45 earnings per share for the quarter, beating the Zacks’ consensus estimate of $1.39 by $0.06. The company had revenue of $5.25 billion for the quarter, compared to the consensus estimate of $5.19 billion. Union Pacific Corporation had a net margin of 21.79% and a return on equity of 22.70%. The firm’s revenue for the quarter was up 10.1% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $1.17 earnings per share. Equities research analysts anticipate that Union Pacific Corporation will post $5.79 earnings per share for the current year.
The business also recently disclosed a quarterly dividend, which will be paid on Friday, September 29th. Investors of record on Thursday, August 31st will be given a dividend of $0.605 per share. The ex-dividend date of this dividend is Tuesday, August 29th. This represents a $2.42 dividend on an annualized basis and a yield of 2.36%. Union Pacific Corporation’s dividend payout ratio (DPR) is 43.84%.
Several equities analysts recently weighed in on UNP shares. Cowen and Company raised their price target on shares of Union Pacific Corporation from $109.00 to $117.00 and gave the company a “market perform” rating in a research report on Friday, April 28th. Credit Suisse Group raised their price target on shares of Union Pacific Corporation from $129.00 to $131.00 and gave the company a “buy” rating in a research report on Friday, May 26th. Zacks Investment Research raised shares of Union Pacific Corporation from a “hold” rating to a “buy” rating and set a $122.00 price target on the stock in a research report on Tuesday, May 30th. BMO Capital Markets reaffirmed a “buy” rating and issued a $123.00 price target on shares of Union Pacific Corporation in a research report on Friday, June 2nd. Finally, Royal Bank Of Canada reaffirmed a “hold” rating and issued a $116.00 price target on shares of Union Pacific Corporation in a research report on Friday, June 2nd. Two investment analysts have rated the stock with a sell rating, ten have given a hold rating and nine have issued a buy rating to the company. The company has an average rating of “Hold” and an average price target of $112.20.
In other Union Pacific Corporation news, EVP Cameron A. Scott sold 17,604 shares of the stock in a transaction that occurred on Friday, July 7th. The shares were sold at an average price of $107.60, for a total value of $1,894,190.40. Following the transaction, the executive vice president now directly owns 95,470 shares in the company, valued at $10,272,572. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 0.20% of the stock is owned by corporate insiders.
About Union Pacific Corporation
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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