Green Square Capital LLC trimmed its holdings in Union Pacific Corporation (NYSE:UNP) by 87.1% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 7,520 shares of the railroad operator’s stock after selling 50,905 shares during the period. Green Square Capital LLC’s holdings in Union Pacific Corporation were worth $796,000 at the end of the most recent quarter.
Several other institutional investors and hedge funds have also added to or reduced their stakes in UNP. Ledyard National Bank lifted its position in shares of Union Pacific Corporation by 17.5% in the first quarter. Ledyard National Bank now owns 9,468 shares of the railroad operator’s stock valued at $1,003,000 after buying an additional 1,408 shares during the last quarter. Bollard Group LLC increased its stake in shares of Union Pacific Corporation by 0.4% during the first quarter. Bollard Group LLC now owns 17,864 shares of the railroad operator’s stock worth $1,892,000 after purchasing an additional 68 shares during the period. Boys Arnold & Co. Inc. increased its stake in shares of Union Pacific Corporation by 2.6% during the first quarter. Boys Arnold & Co. Inc. now owns 4,768 shares of the railroad operator’s stock worth $505,000 after purchasing an additional 119 shares during the period. Johanson Financial Advisors Inc. bought a new position in shares of Union Pacific Corporation during the first quarter worth approximately $1,044,000. Finally, Sabal Trust CO increased its stake in shares of Union Pacific Corporation by 9.3% during the first quarter. Sabal Trust CO now owns 9,081 shares of the railroad operator’s stock worth $962,000 after purchasing an additional 775 shares during the period. 78.56% of the stock is owned by institutional investors.
In other news, EVP Cameron A. Scott sold 17,604 shares of the stock in a transaction dated 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 sale, the executive vice president now directly owns 95,470 shares in the company, valued at $10,272,572. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. 0.20% of the stock is currently owned by company insiders.
Union Pacific Corporation (UNP) traded down 0.27% during midday trading on Wednesday, hitting $108.19. The company had a trading volume of 695,269 shares. The firm has a market capitalization of $86.59 billion, a P/E ratio of 19.62 and a beta of 0.81. The firm’s 50 day moving average is $104.25 and its 200-day moving average is $107.24. Union Pacific Corporation has a 52 week low of $87.06 and a 52 week high of $115.15.
Union Pacific Corporation (NYSE:UNP) last announced its quarterly earnings data on Thursday, July 20th. The railroad operator reported $1.45 earnings per share (EPS) for the quarter, beating the Zacks’ 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 firm had revenue of $5.25 billion for the quarter, compared to analysts’ expectations of $5.19 billion. During the same period last year, the firm earned $1.17 earnings per share. The company’s revenue for the quarter was up 10.1% compared to the same quarter last year. On average, equities research analysts expect that Union Pacific Corporation will post $5.79 EPS for the current fiscal year.
The business also recently disclosed a quarterly dividend, which will be paid on Friday, September 29th. Stockholders of record on Thursday, August 31st will be paid a dividend of $0.605 per share. The ex-dividend date is Tuesday, August 29th. This represents a $2.42 dividend on an annualized basis and a dividend yield of 2.23%. Union Pacific Corporation’s dividend payout ratio (DPR) is currently 43.84%.
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A number of equities analysts have recently weighed in on UNP shares. Stifel Nicolaus reiterated a “hold” rating and set a $118.00 target price (up previously from $112.00) on shares of Union Pacific Corporation in a research note on Monday, July 24th. Zacks Investment Research upgraded Union Pacific Corporation from a “hold” rating to a “buy” rating and set a $122.00 target price on the stock in a research note on Tuesday, May 30th. BidaskClub lowered Union Pacific Corporation from a “hold” rating to a “sell” rating in a research note on Thursday, July 27th. Credit Suisse Group increased their target price on Union Pacific Corporation from $129.00 to $131.00 and gave the stock a “buy” rating in a research note on Friday, May 26th. Finally, Royal Bank Of Canada reiterated a “hold” rating and set a $116.00 target price on shares of Union Pacific Corporation in a research note on Friday, June 2nd. Two equities research analysts have rated the stock with a sell rating, ten have given a hold rating and eight have given a buy rating to the company’s stock. The company has a consensus rating of “Hold” and a consensus price target of $113.22.
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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