Johnson Financial Group LLC decreased its stake in Union Pacific Corporation (NYSE:UNP) by 6.0% during the second quarter, according to its most recent disclosure with the SEC. The firm owned 2,558 shares of the railroad operator’s stock after selling 162 shares during the period. Johnson Financial Group LLC’s holdings in Union Pacific Corporation were worth $278,000 as of its most recent filing with the SEC.
Several other large investors have also modified their holdings of UNP. Israel Discount Bank of New York GFN acquired a new stake in shares of Union Pacific Corporation during the fourth quarter valued at approximately $227,000. Genesee Valley Trust Co. boosted its stake in shares of Union Pacific Corporation by 21.5% in the first quarter. Genesee Valley Trust Co. now owns 9,725 shares of the railroad operator’s stock valued at $1,030,000 after buying an additional 1,724 shares in the last quarter. Putnam Investments LLC boosted its stake in shares of Union Pacific Corporation by 2.6% in the fourth quarter. Putnam Investments LLC now owns 4,481,419 shares of the railroad operator’s stock valued at $464,633,000 after buying an additional 112,418 shares in the last quarter. Brookfield Asset Management Inc. acquired a new stake in shares of Union Pacific Corporation during the fourth quarter valued at approximately $17,895,000. Finally, Eastern Bank raised its position in Union Pacific Corporation by 1.2% in the first quarter. Eastern Bank now owns 13,580 shares of the railroad operator’s stock valued at $1,438,000 after buying an additional 158 shares during the last quarter. Institutional investors own 79.94% of the company’s stock.
Union Pacific Corporation (NYSE UNP) opened at 103.90 on Friday. The firm has a market capitalization of $83.16 billion, a P/E ratio of 18.84 and a beta of 0.81. The company’s 50-day moving average is $105.52 and its 200-day moving average is $107.56. Union Pacific Corporation has a one year low of $87.06 and a one year 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 consensus estimate of $1.39 by $0.06. Union Pacific Corporation had a return on equity of 22.70% and a net margin of 21.79%. The business had revenue of $5.25 billion for the quarter, compared to analysts’ expectations of $5.19 billion. During the same period last year, the business earned $1.17 EPS. The business’s revenue was up 10.1% on a year-over-year basis. Equities analysts forecast that Union Pacific Corporation will post $5.79 earnings per share for the current fiscal year.
The business also recently disclosed a quarterly dividend, which will be paid on Friday, September 29th. Shareholders of record on Thursday, August 31st will be paid a dividend of $0.605 per share. This represents a $2.42 annualized dividend and a yield of 2.33%. The ex-dividend date of this dividend is Tuesday, August 29th. Union Pacific Corporation’s dividend payout ratio (DPR) is presently 43.84%.
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UNP has been the topic of several recent analyst reports. BMO Capital Markets reissued a “buy” rating and set a $123.00 price objective on shares of Union Pacific Corporation in a research note on Friday, June 2nd. Zacks Investment Research raised shares of Union Pacific Corporation from a “hold” rating to a “buy” rating and set a $122.00 price objective on the stock in a research note on Tuesday, May 30th. Credit Suisse Group lifted their price objective on shares of Union Pacific Corporation from $129.00 to $131.00 and gave the stock a “buy” rating in a research note on Friday, May 26th. Citigroup Inc. reissued a “buy” rating and set a $120.00 price objective on shares of Union Pacific Corporation in a research note on Monday, July 10th. Finally, Stifel Nicolaus reissued a “hold” rating and set a $118.00 price objective (up previously from $112.00) on shares of Union Pacific Corporation in a research note on Monday, July 24th. Two analysts have rated the stock with a sell rating, eleven have given a hold rating and eight have issued a buy rating to the stock. Union Pacific Corporation has a consensus rating of “Hold” and an average target price of $112.21.
In other Union Pacific Corporation news, EVP Cameron A. Scott sold 17,604 shares of the firm’s stock in a transaction on Friday, July 7th. The stock was sold at an average price of $107.60, for a total transaction of $1,894,190.40. Following the transaction, the executive vice president now directly owns 95,470 shares in the company, valued at approximately $10,272,572. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. 0.20% of the stock is currently owned by company insiders.
Union Pacific Corporation Company Profile
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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