Fox Run Management L.L.C. Invests $664,000 in Union Pacific Corporation (UNP) Stock

Fox Run Management L.L.C. acquired a new stake in Union Pacific Corporation (NYSE:UNP) in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm acquired 6,100 shares of the railroad operator’s stock, valued at approximately $664,000.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Summit Asset Management LLC increased its stake in Union Pacific Corporation by 0.3% in the 1st quarter. Summit Asset Management LLC now owns 7,206 shares of the railroad operator’s stock valued at $763,000 after purchasing an additional 19 shares in the last quarter. Family Firm Inc. increased its stake in Union Pacific Corporation by 0.5% in the 1st quarter. Family Firm Inc. now owns 4,178 shares of the railroad operator’s stock valued at $443,000 after purchasing an additional 21 shares in the last quarter. Court Place Advisors LLC increased its stake in Union Pacific Corporation by 0.4% in the 1st quarter. Court Place Advisors LLC now owns 7,506 shares of the railroad operator’s stock valued at $795,000 after purchasing an additional 29 shares in the last quarter. Tortoise Investment Management LLC increased its stake in Union Pacific Corporation by 1.2% in the 1st quarter. Tortoise Investment Management LLC now owns 2,540 shares of the railroad operator’s stock valued at $269,000 after purchasing an additional 30 shares in the last quarter. Finally, Highland Private Wealth Management increased its stake in Union Pacific Corporation by 1.6% in the 1st quarter. Highland Private Wealth Management now owns 1,978 shares of the railroad operator’s stock valued at $210,000 after purchasing an additional 32 shares in the last quarter. 78.38% of the stock is owned by hedge funds and other institutional investors.

In other Union Pacific Corporation news, EVP Cameron A. Scott sold 17,604 shares of the company’s 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 filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 0.20% of the stock is owned by corporate insiders.

Several equities analysts recently weighed in on the company. Robert W. Baird reaffirmed a “hold” rating and issued a $116.00 price objective on shares of Union Pacific Corporation in a research note on Sunday. BMO Capital Markets reaffirmed a “buy” rating and issued a $123.00 price objective on shares of Union Pacific Corporation in a research note on Friday. Royal Bank Of Canada reaffirmed a “hold” rating and issued a $116.00 price objective on shares of Union Pacific Corporation in a research note on Friday, June 2nd. Zacks Investment Research raised Union Pacific Corporation from a “hold” rating to a “buy” rating and set a $122.00 price objective for the company in a research note on Tuesday, May 30th. Finally, Credit Suisse Group raised their price objective on Union Pacific Corporation from $129.00 to $131.00 and gave the company a “buy” rating in a research note on Friday, May 26th. Two research analysts have rated the stock with a sell rating, eleven have given a hold rating and eight have assigned a buy rating to the company. The stock has an average rating of “Hold” and an average target price of $113.38.

Shares of Union Pacific Corporation (NYSE UNP) traded down 0.70% on Monday, reaching $112.61. The company had a trading volume of 1,322,524 shares. The company has a 50 day moving average price of $105.02 and a 200 day moving average price of $107.33. Union Pacific Corporation has a 52-week low of $87.06 and a 52-week high of $115.15. The stock has a market capitalization of $90.13 billion, a PE ratio of 20.42 and a beta of 0.81.

Union Pacific Corporation (NYSE:UNP) last released its quarterly earnings results 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 net margin of 21.79% and a return on equity of 22.70%. The company had revenue of $5.25 billion during the quarter, compared to analysts’ expectations of $5.19 billion. During the same period in the prior year, the company earned $1.17 earnings per share. The business’s quarterly revenue was up 10.1% compared to the same quarter last year. On average, equities research analysts anticipate that Union Pacific Corporation will post $5.79 earnings per share for the current year.

The company also recently declared a quarterly dividend, which will be paid on Friday, September 29th. Shareholders of record on Thursday, August 31st will be issued a dividend of $0.605 per share. This represents a $2.42 dividend on an annualized basis and a yield of 2.15%. The ex-dividend date is Tuesday, August 29th. Union Pacific Corporation’s dividend payout ratio (DPR) is 43.84%.

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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.

Institutional Ownership by Quarter for Union Pacific Corporation (NYSE:UNP)

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