Fairfield Bush & CO. increased its position in shares of Union Pacific Corporation (NYSE:UNP) by 7.8% during the third quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 17,601 shares of the railroad operator’s stock after buying an additional 1,275 shares during the period. Fairfield Bush & CO.’s holdings in Union Pacific Corporation were worth $1,716,000 as of its most recent filing with the SEC.
Other large investors also recently added to or reduced their stakes in the company. West Oak Capital LLC boosted its stake in shares of Union Pacific Corporation by 6.2% in the third quarter. West Oak Capital LLC now owns 1,094 shares of the railroad operator’s stock valued at $107,000 after buying an additional 64 shares during the period. Lenox Wealth Advisors Inc. boosted its stake in shares of Union Pacific Corporation by 4.9% in the third quarter. Lenox Wealth Advisors Inc. now owns 1,167 shares of the railroad operator’s stock valued at $114,000 after buying an additional 55 shares during the period. Tradewinds Capital Management LLC boosted its stake in shares of Union Pacific Corporation by 22.4% in the second quarter. Tradewinds Capital Management LLC now owns 1,364 shares of the railroad operator’s stock valued at $119,000 after buying an additional 250 shares during the period. Cornerstone Advisors Inc. boosted its stake in shares of Union Pacific Corporation by 379.6% in the third quarter. Cornerstone Advisors Inc. now owns 1,247 shares of the railroad operator’s stock valued at $122,000 after buying an additional 987 shares during the period. Finally, Signaturefd LLC boosted its stake in shares of Union Pacific Corporation by 14.6% in the second quarter. Signaturefd LLC now owns 1,692 shares of the railroad operator’s stock valued at $148,000 after buying an additional 216 shares during the period. 78.58% of the stock is currently owned by hedge funds and other institutional investors.
Union Pacific Corporation (NYSE:UNP) opened at 107.87 on Friday. The firm has a market capitalization of $87.78 billion, a P/E ratio of 21.28 and a beta of 0.71. The company has a 50-day moving average price of $106.04 and a 200-day moving average price of $98.49. Union Pacific Corporation has a one year low of $76.90 and a one year high of $111.38.
Union Pacific Corporation (NYSE:UNP) last released its quarterly earnings data on Thursday, January 19th. The railroad operator reported $1.39 earnings per share for the quarter, beating the consensus estimate of $1.33 by $0.06. The business had revenue of $5.20 billion for the quarter, compared to analyst estimates of $5.09 billion. Union Pacific Corporation had a return on equity of 20.88% and a net margin of 21.23%. The company’s revenue was down .8% compared to the same quarter last year. During the same period in the previous year, the company posted $1.31 EPS. On average, equities research analysts anticipate that Union Pacific Corporation will post $5.64 EPS for the current year.
The company also recently disclosed a quarterly dividend, which will be paid on Friday, March 31st. Stockholders of record on Tuesday, February 28th will be paid a $0.605 dividend. This represents a $2.42 annualized dividend and a dividend yield of 2.24%. The ex-dividend date of this dividend is Friday, February 24th. Union Pacific Corporation’s dividend payout ratio is currently 47.64%.
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Several equities research analysts have issued reports on the stock. RBC Capital Markets cut shares of Union Pacific Corporation from an “outperform” rating to a “sector perform” rating and lowered their target price for the stock from $107.00 to $98.00 in a research note on Friday, October 21st. Vetr cut shares of Union Pacific Corporation from a “hold” rating to a “sell” rating and set a $99.75 target price on the stock. in a research note on Thursday, December 1st. Aegis lifted their target price on shares of Union Pacific Corporation from $115.00 to $120.00 and gave the stock a “buy” rating in a research note on Friday, January 20th. Zacks Investment Research cut shares of Union Pacific Corporation from a “buy” rating to a “hold” rating in a research note on Friday, February 3rd. Finally, Deutsche Bank AG reaffirmed a “top pick” rating and set a $110.00 target price on shares of Union Pacific Corporation in a research note on Monday, November 14th. Three research analysts have rated the stock with a sell rating, twelve have given a hold rating, twelve have assigned a buy rating and one has given a strong buy rating to the company. Union Pacific Corporation has an average rating of “Hold” and a consensus target price of $101.55.
In other news, Director Andrew H. Card, Jr. sold 4,000 shares of Union Pacific Corporation stock in a transaction dated Wednesday, January 25th. The stock was sold at an average price of $109.53, for a total value of $438,120.00. Following the transaction, the director now directly owns 22,400 shares of the company’s stock, valued at approximately $2,453,472. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Diane K. Duren sold 2,840 shares of Union Pacific Corporation stock in a transaction dated Friday, November 18th. The shares were sold at an average price of $98.98, for a total value of $281,103.20. Following the completion of the transaction, the executive vice president now directly owns 128,701 shares in the company, valued at $12,738,824.98. The disclosure for this sale can be found here. Insiders sold a total of 44,838 shares of company stock worth $4,675,505 over the last ninety days. 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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