Country Club Trust Company n.a. lifted its stake in Union Pacific Corporation (NYSE:UNP) by 42.3% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 18,110 shares of the railroad operator’s stock after acquiring an additional 5,386 shares during the period. Country Club Trust Company n.a.’s holdings in Union Pacific Corporation were worth $1,973,000 at the end of the most recent quarter.
Several other institutional investors and hedge funds also recently added to or reduced their stakes in UNP. Advantage Investment Management LLC raised its position in shares of Union Pacific Corporation by 263.7% in the 1st quarter. Advantage Investment Management LLC now owns 953 shares of the railroad operator’s stock worth $101,000 after acquiring an additional 691 shares in the last quarter. Mark Sheptoff Financial Planning LLC raised its position in shares of Union Pacific Corporation by 96.3% in the 1st quarter. Mark Sheptoff Financial Planning LLC now owns 1,021 shares of the railroad operator’s stock worth $108,000 after acquiring an additional 501 shares in the last quarter. Proficio Capital Partners LLC raised its position in shares of Union Pacific Corporation by 36.3% in the 1st quarter. Proficio Capital Partners LLC now owns 1,028 shares of the railroad operator’s stock worth $111,000 after acquiring an additional 274 shares in the last quarter. SRS Capital Advisors Inc. raised its position in shares of Union Pacific Corporation by 147.2% in the 1st quarter. SRS Capital Advisors Inc. now owns 1,152 shares of the railroad operator’s stock worth $122,000 after acquiring an additional 686 shares in the last quarter. Finally, Ullmann Financial Group Inc. bought a new position in shares of Union Pacific Corporation in the 1st quarter worth $122,000. 78.38% of the stock is owned by hedge funds and other institutional investors.
Several brokerages recently issued reports on UNP. Robert W. Baird reaffirmed a “hold” rating and set a $116.00 target price on shares of Union Pacific Corporation in a research report on Sunday. BMO Capital Markets reaffirmed a “buy” rating and set a $123.00 target price on shares of Union Pacific Corporation in a research report on Friday, September 15th. Royal Bank Of Canada reaffirmed a “hold” rating and set a $116.00 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 research analysts have rated the stock with a sell rating, eleven have given a hold rating and eight have issued a buy rating to the company. The stock currently has a consensus rating of “Hold” and a consensus target price of $113.38.
Shares of Union Pacific Corporation (UNP) traded up 1.13% during mid-day trading on Wednesday, hitting $114.28. The stock had a trading volume of 1,468,593 shares. The firm has a 50 day moving average price of $105.56 and a 200 day moving average price of $107.35. The firm has a market cap of $91.47 billion, a PE ratio of 20.73 and a beta of 0.81. 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 issued its quarterly earnings results on Thursday, July 20th. The railroad operator reported $1.45 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $1.39 by $0.06. The firm had revenue of $5.25 billion for the quarter, compared to analysts’ expectations of $5.19 billion. Union Pacific Corporation had a return on equity of 22.70% and a net margin of 21.79%. The firm’s revenue for the quarter was up 10.1% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.17 EPS. Equities analysts predict that Union Pacific Corporation will post $5.79 EPS for the current year.
The business also recently declared a quarterly dividend, which will be paid on Friday, September 29th. Investors of record on Thursday, August 31st will be given a $0.605 dividend. This represents a $2.42 annualized dividend and a yield of 2.14%. The ex-dividend date of this dividend is Tuesday, August 29th. Union Pacific Corporation’s dividend payout ratio (DPR) is presently 43.84%.
In related news, EVP Cameron A. Scott sold 17,604 shares of the business’s stock in a transaction dated Friday, July 7th. The stock was 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 owns 95,470 shares in the company, valued at approximately $10,272,572. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 0.20% of the company’s stock.
Union Pacific Corporation 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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