Union Pacific Corporation (UNP) Shares Sold by Brinker Capital Inc.

Brinker Capital Inc. lowered its position in shares of Union Pacific Corporation (NYSE:UNP) by 7.7% during the third quarter, Holdings Channel reports. The firm owned 7,782 shares of the railroad operator’s stock after selling 645 shares during the period. Brinker Capital Inc.’s holdings in Union Pacific Corporation were worth $759,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the stock. Hayek Kallen Investment Management increased its stake in shares of 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 valued at $3,270,000 after buying an additional 288 shares in the last quarter. BB&T Corp increased its stake in shares of Union Pacific Corporation by 447.7% in the second quarter. BB&T Corp now owns 165,590 shares of the railroad operator’s stock valued at $14,449,000 after buying an additional 135,355 shares in the last quarter. Nationwide Fund Advisors increased its stake in shares of Union Pacific Corporation by 11.5% in the third quarter. Nationwide Fund Advisors now owns 610,153 shares of the railroad operator’s stock valued at $59,508,000 after buying an additional 63,058 shares in the last quarter. Dearborn Partners LLC increased its stake in shares of Union Pacific Corporation by 1.0% in the third quarter. Dearborn Partners LLC now owns 140,454 shares of the railroad operator’s stock valued at $13,699,000 after buying an additional 1,422 shares in the last quarter. Finally, Klingenstein Fields & Co. LLC increased its stake in shares of 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 valued at $60,842,000 after buying an additional 4,002 shares in the last quarter. Hedge funds and other institutional investors own 79.43% of the company’s stock.

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

Union Pacific Corporation (NYSE:UNP) opened at 108.32 on Tuesday. The stock has a 50 day moving average of $106.14 and a 200-day moving average of $98.69. The company has a market cap of $88.15 billion, a price-to-earnings ratio of 21.36 and a beta of 0.71. Union Pacific Corporation has a 52-week low of $76.25 and a 52-week 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%. Union Pacific Corporation’s revenue was down .8% compared to the same quarter last year. During the same period last year, the firm posted $1.31 earnings per share. On average, analysts forecast that Union Pacific Corporation will post $5.64 EPS for the current year.

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, March 31st. Investors of record on Tuesday, February 28th will be paid a $0.605 dividend. This represents a $2.42 annualized dividend and a yield of 2.23%. The ex-dividend date of this dividend is Friday, February 24th. Union Pacific Corporation’s dividend payout ratio (DPR) is presently 47.64%.

“Union Pacific Corporation (UNP) Shares Sold by Brinker Capital Inc.” was originally posted by sleekmoney and is the property of of sleekmoney. If you are viewing this article on another website, it was stolen and republished in violation of U.S. & international trademark & copyright legislation. The correct version of this article can be accessed at http://sleekmoney.com/union-pacific-corporation-unp-shares-sold-by-brinker-capital-inc/1659738.html.

UNP has been the topic of several recent research reports. Cowen and Company downgraded shares of Union Pacific Corporation from an “outperform” rating to a “market perform” rating and cut their price objective for the company from $99.00 to $91.00 in a research report on Thursday, October 20th. RBC Capital Markets downgraded shares of Union Pacific Corporation from an “outperform” rating to a “sector perform” rating and cut their price objective for the company from $107.00 to $98.00 in a research report on Friday, October 21st. Royal Bank Of Canada downgraded shares of Union Pacific Corporation from an “outperform” rating to a “sector perform” rating and cut their price objective for the company from $107.00 to $98.00 in a research report on Friday, October 21st. Zacks Investment Research downgraded shares of Union Pacific Corporation from a “buy” rating to a “hold” rating in a research report on Friday, October 21st. Finally, Morgan Stanley set a $98.00 price objective on shares of Union Pacific Corporation and gave the company a “buy” rating in a research report on Friday, October 21st. Three investment analysts have rated the stock with a sell rating, twelve have issued a hold rating, twelve have given a buy rating and one has issued a strong buy rating to the company. The stock has a consensus rating of “Hold” and an average target price of $101.55.

In other news, Director Steven R. Rogel sold 7,400 shares of Union Pacific Corporation stock in a transaction dated Tuesday, November 22nd. The stock was sold at an average price of $100.51, for a total transaction of $743,774.00. Following the sale, the director now directly owns 11,400 shares of the company’s stock, valued at $1,145,814. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Eric L. Butler sold 23,198 shares of Union Pacific Corporation stock in a transaction dated Friday, December 9th. The shares were sold at an average price of $104.94, for a total value of $2,434,398.12. Following the sale, the executive vice president now directly owns 232,538 shares in the company, valued at $24,402,537.72. The disclosure for this sale can be found here. Insiders sold 44,838 shares of company stock worth $4,675,505 over the last ninety days. 0.14% of the stock is currently owned by insiders.

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.

5 Day Chart for NYSE:UNP

Want to see what other hedge funds are holding UNP? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Union Pacific Corporation (NYSE:UNP).

This story was originally published by sleekmoney (http://sleekmoney.com) and is the sole property of sleekmoney. If you are reading this article on another website, that means this article was illegally copied and re-published to this website in violation of U.S. and International copyright law. You can view the original version of this story at http://sleekmoney.com/union-pacific-corporation-unp-shares-sold-by-brinker-capital-inc/1659738.html

Receive News & Ratings for Union Pacific Corporation Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Union Pacific Corporation and related companies with MarketBeat.com's FREE daily email newsletter.

 

Leave a Reply

Your email address will not be published. Required fields are marked *