Barings LLC lifted its stake in shares of Union Pacific Corporation (NYSE:UNP) by 357.1% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 48,185 shares of the railroad operator’s stock after buying an additional 37,643 shares during the quarter. Barings LLC’s holdings in Union Pacific Corporation were worth $5,104,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other institutional investors and hedge funds have also recently made changes to their positions in UNP. Advantage Investment Management LLC lifted its stake in Union Pacific Corporation by 263.7% in the first quarter. Advantage Investment Management LLC now owns 953 shares of the railroad operator’s stock valued at $101,000 after buying an additional 691 shares during the last quarter. Mark Sheptoff Financial Planning LLC lifted its stake in Union Pacific Corporation by 96.3% in the first quarter. Mark Sheptoff Financial Planning LLC now owns 1,021 shares of the railroad operator’s stock valued at $108,000 after buying an additional 501 shares during the last quarter. SRS Capital Advisors Inc. lifted its stake in Union Pacific Corporation by 147.2% in the first quarter. SRS Capital Advisors Inc. now owns 1,152 shares of the railroad operator’s stock valued at $122,000 after buying an additional 686 shares during the last quarter. Dubuque Bank & Trust Co. lifted its stake in Union Pacific Corporation by 7.6% in the first quarter. Dubuque Bank & Trust Co. now owns 1,464 shares of the railroad operator’s stock valued at $155,000 after buying an additional 104 shares during the last quarter. Finally, Arcadia Investment Management Corp MI lifted its stake in Union Pacific Corporation by 8.5% in the first quarter. Arcadia Investment Management Corp MI now owns 1,635 shares of the railroad operator’s stock valued at $173,000 after buying an additional 128 shares during the last quarter. Hedge funds and other institutional investors own 78.56% of the company’s stock.
Shares of Union Pacific Corporation (NYSE:UNP) traded up 2.29% on Friday, reaching $113.40. The company’s stock had a trading volume of 8,269,901 shares. Union Pacific Corporation has a 1-year low of $87.06 and a 1-year high of $115.15. The company’s 50 day moving average is $105.02 and its 200-day moving average is $107.33. The firm has a market cap of $90.76 billion, a price-to-earnings ratio of 21.12 and a beta of 0.81.
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. Equities research analysts expect that Union Pacific Corporation will post $5.79 EPS for the current year.
The company also recently announced a quarterly dividend, which will be paid on Friday, September 29th. Stockholders of record on Thursday, August 31st will be issued 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 2.13%. Union Pacific Corporation’s dividend payout ratio is currently 43.84%.
A number of research firms recently issued reports on UNP. Stifel Nicolaus lifted their price target on Union Pacific Corporation from $118.00 to $120.00 and gave the stock a “hold” rating in a research note on Friday, August 18th. Royal Bank Of Canada reissued a “hold” rating and issued a $115.00 price target on shares of Union Pacific Corporation in a research note on Friday, August 25th. BMO Capital Markets reissued a “buy” rating and issued a $123.00 price target on shares of Union Pacific Corporation in a research note on Friday. BidaskClub cut Union Pacific Corporation from a “sell” rating to a “strong sell” rating in a research note on Thursday, August 3rd. Finally, Zacks Investment Research cut Union Pacific Corporation from a “buy” rating to a “hold” rating in a research note on Monday, July 24th. Two 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. Union Pacific Corporation presently has an average rating of “Hold” and an average target price of $113.38.
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In other Union Pacific Corporation news, EVP Cameron A. Scott sold 17,604 shares of the firm’s stock in a transaction dated 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 completion of the sale, the executive vice president now directly owns 95,470 shares in the company, valued at $10,272,572. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Corporate insiders own 0.20% of the company’s stock.
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.
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