Alexandria Capital LLC increased its position in shares of Union Pacific Corporation (NYSE:UNP) by 0.2% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,264 shares of the railroad operator’s stock after purchasing an additional 4 shares during the period. Alexandria Capital LLC’s holdings in Union Pacific Corporation were worth $247,000 at the end of the most recent quarter.
Other large investors have also recently made changes to their positions in the company. Advantage Investment Management LLC raised its holdings in Union Pacific Corporation by 263.7% during the first quarter. Advantage Investment Management LLC now owns 953 shares of the railroad operator’s stock worth $101,000 after purchasing an additional 691 shares in the last quarter. Mark Sheptoff Financial Planning LLC raised its holdings in Union Pacific Corporation by 96.3% during the first quarter. Mark Sheptoff Financial Planning LLC now owns 1,021 shares of the railroad operator’s stock worth $108,000 after purchasing an additional 501 shares in the last quarter. Proficio Capital Partners LLC raised its holdings in Union Pacific Corporation by 36.3% during the first quarter. Proficio Capital Partners LLC now owns 1,028 shares of the railroad operator’s stock worth $111,000 after purchasing an additional 274 shares in the last quarter. SRS Capital Advisors Inc. raised its holdings in Union Pacific Corporation by 147.2% during the first quarter. SRS Capital Advisors Inc. now owns 1,152 shares of the railroad operator’s stock worth $122,000 after purchasing an additional 686 shares in the last quarter. Finally, Ullmann Financial Group Inc. bought a new stake in Union Pacific Corporation during the first quarter worth approximately $122,000. 78.56% of the stock is currently owned by hedge funds and other institutional investors.
Several equities research analysts recently commented on the company. Royal Bank Of Canada reissued a “hold” rating and set a $115.00 target price on shares of Union Pacific Corporation in a report on Friday, August 25th. Stifel Nicolaus upped their price target on Union Pacific Corporation from $118.00 to $120.00 and gave the company a “hold” rating in a report on Friday, August 18th. BidaskClub raised Union Pacific Corporation from a “strong sell” rating to a “sell” rating in a report on Friday, August 18th. BMO Capital Markets reaffirmed a “buy” rating and issued a $123.00 price target on shares of Union Pacific Corporation in a report on Friday, August 11th. Finally, Wolfe Research cut Union Pacific Corporation from an “outperform” rating to a “market perform” rating in a report on Monday, August 7th. Two investment analysts have rated the stock with a sell rating, ten have issued a hold rating and eight have assigned a buy rating to the stock. Union Pacific Corporation presently has an average rating of “Hold” and an average target price of $113.22.
In other Union Pacific Corporation news, EVP Cameron A. Scott sold 17,604 shares of the stock in a transaction 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 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 available at the SEC website. Company insiders own 0.20% of the company’s stock.
Shares of Union Pacific Corporation (UNP) opened at 110.80 on Friday. The firm’s 50-day moving average is $104.68 and its 200 day moving average is $107.29. The firm has a market capitalization of $88.68 billion, a P/E ratio of 20.09 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 posted its earnings results on Thursday, July 20th. The railroad operator reported $1.45 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $1.39 by $0.06. The company had revenue of $5.25 billion for 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% compared to the same quarter last year. During the same period last year, the business posted $1.17 earnings per share. Equities research analysts forecast that Union Pacific Corporation will post $5.79 EPS for the current fiscal year.
The company also recently announced a quarterly dividend, which will be paid on Friday, September 29th. Shareholders of record on Thursday, August 31st will be issued a $0.605 dividend. The ex-dividend date of this dividend is Tuesday, August 29th. This represents a $2.42 annualized dividend and a yield of 2.18%. Union Pacific Corporation’s dividend payout ratio (DPR) is presently 43.84%.
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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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