Aldebaran Financial Inc. lowered its position in Union Pacific Corporation (NYSE:UNP) by 0.7% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 14,776 shares of the railroad operator’s stock after selling 100 shares during the period. Aldebaran Financial Inc.’s holdings in Union Pacific Corporation were worth $1,565,000 at the end of the most recent reporting period.
A number of other institutional investors have also made changes to their positions in the company. First PREMIER Bank increased its position in shares of Union Pacific Corporation by 0.8% in the first quarter. First PREMIER Bank now owns 29,721 shares of the railroad operator’s stock worth $3,148,000 after buying an additional 233 shares during the period. CrestPoint Capital Management LLC acquired a new position in shares of Union Pacific Corporation during the first quarter worth $201,000. Legacy Private Trust Co. increased its position in shares of Union Pacific Corporation by 1.7% in the first quarter. Legacy Private Trust Co. now owns 49,281 shares of the railroad operator’s stock worth $5,220,000 after buying an additional 818 shares during the period. Pennsylvania Trust Co increased its position in shares of Union Pacific Corporation by 6.1% in the first quarter. Pennsylvania Trust Co now owns 95,629 shares of the railroad operator’s stock worth $10,129,000 after buying an additional 5,463 shares during the period. Finally, Univest Corp of Pennsylvania increased its position in shares of Union Pacific Corporation by 14.5% in the first quarter. Univest Corp of Pennsylvania now owns 33,492 shares of the railroad operator’s stock worth $3,547,000 after buying an additional 4,231 shares during the period. 79.94% of the stock is currently owned by hedge funds and other institutional investors.
Union Pacific Corporation (UNP) traded up 0.70% during midday trading on Friday, reaching $103.90. The company’s stock had a trading volume of 3,243,552 shares. Union Pacific Corporation has a 12 month low of $87.06 and a 12 month high of $115.15. The company has a market cap of $83.16 billion, a PE ratio of 18.84 and a beta of 0.81. The stock has a 50-day moving average price of $105.52 and a 200 day moving average price of $107.56.
Union Pacific Corporation (NYSE:UNP) last released its quarterly earnings results on Thursday, July 20th. The railroad operator reported $1.45 EPS for the quarter, beating analysts’ consensus estimates of $1.39 by $0.06. The firm had revenue of $5.25 billion during the quarter, compared to analyst estimates of $5.19 billion. Union Pacific Corporation had a net margin of 21.79% and a return on equity of 22.70%. The business’s revenue for the quarter was up 10.1% on a year-over-year basis. During the same period in the previous year, the business earned $1.17 EPS. Analysts expect that Union Pacific Corporation will post $5.79 earnings per share for the current fiscal year.
The company also recently declared a quarterly dividend, which will be paid on Friday, September 29th. Stockholders 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 dividend yield of 2.33%. Union Pacific Corporation’s dividend payout ratio (DPR) is currently 43.84%.
UNP has been the topic of several research reports. Cowen and Company upped their target price on 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. Royal Bank Of Canada reaffirmed a “hold” rating and issued a $116.00 target price on shares of Union Pacific Corporation in a research report on Friday, June 2nd. BMO Capital Markets reaffirmed a “buy” rating and issued a $123.00 target price on shares of Union Pacific Corporation in a research report on Friday, June 2nd. Zacks Investment Research raised Union Pacific Corporation from a “hold” rating to a “buy” rating and set a $122.00 target price on the stock in a research report on Tuesday, May 30th. Finally, Credit Suisse Group upped their target price on Union Pacific Corporation from $129.00 to $131.00 and gave the company a “buy” rating in a research report on Friday, May 26th. Two investment analysts have rated the stock with a sell rating, eleven have assigned a hold rating and eight have assigned a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and an average target price of $112.21.
In other news, EVP Cameron A. Scott sold 17,604 shares of the business’s stock in a transaction on Friday, July 7th. The shares were sold at an average price of $107.60, for a total transaction of $1,894,190.40. Following the completion of the transaction, the executive vice president now directly owns 95,470 shares in the company, valued at approximately $10,272,572. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.20% of the stock is owned by 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.
Want to see what other hedge funds are holding UNP? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Union Pacific Corporation (NYSE:UNP).
Receive News & Ratings for Union Pacific Corporation Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Union Pacific Corporation and related companies with MarketBeat.com's FREE daily email newsletter.
