Green Square Capital LLC boosted its position in Union Pacific Corporation (NYSE:UNP) by 4.9% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 57,456 shares of the railroad operator’s stock after buying an additional 2,675 shares during the period. Union Pacific Corporation accounts for about 1.3% of Green Square Capital LLC’s holdings, making the stock its 14th largest position. Green Square Capital LLC’s holdings in Union Pacific Corporation were worth $5,604,000 as of its most recent SEC filing.
Several other hedge funds and other institutional investors have also recently bought and sold shares of UNP. Hayek Kallen Investment Management increased its position in Union Pacific Corporation by 0.9% in the third quarter. Hayek Kallen Investment Management now owns 33,523 shares of the railroad operator’s stock worth $3,270,000 after buying an additional 288 shares during the last quarter. BB&T Corp increased its position in Union Pacific Corporation by 447.7% in the second quarter. BB&T Corp now owns 165,590 shares of the railroad operator’s stock worth $14,449,000 after buying an additional 135,355 shares during the last quarter. Nationwide Fund Advisors increased its position in Union Pacific Corporation by 11.5% in the third quarter. Nationwide Fund Advisors now owns 610,153 shares of the railroad operator’s stock worth $59,508,000 after buying an additional 63,058 shares during the last quarter. Dearborn Partners LLC increased its position in Union Pacific Corporation by 1.0% in the third quarter. Dearborn Partners LLC now owns 140,454 shares of the railroad operator’s stock worth $13,699,000 after buying an additional 1,422 shares during the last quarter. Finally, Klingenstein Fields & Co. LLC increased its position in Union Pacific Corporation by 0.6% in the third quarter. Klingenstein Fields & Co. LLC now owns 623,824 shares of the railroad operator’s stock worth $60,842,000 after buying an additional 4,002 shares during the last quarter. Institutional investors and hedge funds own 78.58% of the company’s stock.
Union Pacific Corporation (NYSE:UNP) opened at 107.87 on Friday. The company has a market cap of $87.78 billion, a price-to-earnings ratio of 21.28 and a beta of 0.71. Union Pacific Corporation has a 1-year low of $76.90 and a 1-year high of $111.38. The firm’s 50-day moving average price is $106.04 and its 200-day moving average price is $98.49.
Union Pacific Corporation (NYSE:UNP) last posted its quarterly earnings results on Thursday, January 19th. The railroad operator reported $1.39 earnings per share for the quarter, topping the Zacks’ consensus estimate of $1.33 by $0.06. Union Pacific Corporation had a net margin of 21.23% and a return on equity of 20.88%. The business had revenue of $5.20 billion for the quarter, compared to analysts’ expectations of $5.09 billion. During the same period in the prior year, the company posted $1.31 EPS. The business’s revenue for the quarter was down .8% on a year-over-year basis. Equities research analysts forecast that Union Pacific Corporation will post $5.64 EPS for the current fiscal year.
The business also recently declared a quarterly dividend, which will be paid on Friday, March 31st. Stockholders of record on Tuesday, February 28th will be paid a dividend of $0.605 per share. The ex-dividend date is Friday, February 24th. This represents a $2.42 dividend on an annualized basis and a dividend yield of 2.24%. Union Pacific Corporation’s dividend payout ratio (DPR) is presently 47.64%.
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A number of research analysts recently issued reports on UNP shares. Deutsche Bank AG started coverage on Union Pacific Corporation in a report on Wednesday, November 2nd. They set a “buy” rating and a $110.00 price objective for the company. Zacks Investment Research downgraded Union Pacific Corporation from a “buy” rating to a “hold” rating in a report on Friday, February 3rd. Morgan Stanley set a $98.00 price objective on Union Pacific Corporation and gave the stock a “buy” rating in a report on Friday, October 21st. Loop Capital reiterated a “hold” rating and set a $96.00 price objective on shares of Union Pacific Corporation in a report on Sunday, October 23rd. Finally, Royal Bank Of Canada increased their price target on Union Pacific Corporation from $111.00 to $115.00 and gave the company a “sector perform” rating in a research report on Friday, January 20th. Three analysts have rated the stock with a sell rating, twelve have given a hold rating, twelve have assigned a buy rating and one has assigned a strong buy rating to the company. Union Pacific Corporation has a consensus rating of “Hold” and a consensus price target of $101.55.
In other news, EVP Eric L. Butler sold 23,198 shares of the company’s stock in a transaction on Friday, December 9th. The shares were sold at an average price of $104.94, for a total transaction of $2,434,398.12. Following the transaction, the executive vice president now directly owns 232,538 shares of the company’s stock, valued at approximately $24,402,537.72. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, Director Andrew H. Card, Jr. sold 4,000 shares of the stock in a transaction dated Wednesday, January 25th. The shares were sold at an average price of $109.53, for a total transaction of $438,120.00. Following the completion of the sale, the director now directly owns 22,400 shares in the company, valued at $2,453,472. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 44,838 shares of company stock worth $4,675,505. Corporate insiders own 0.14% of the company’s stock.
Union Pacific Corporation Company Profile
Union Pacific Corporation operates through its principal operating company, Union Pacific Railroad Company. Union Pacific Railroad Company links approximately 20 states in the western two-thirds of the country by rail, providing link in the supply chain. The Company’s business mix includes agricultural products, automotive, chemicals, coal, industrial products and intermodal.
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