Union Pacific Corporation (UNP) Shares Sold by Greenwood Capital Associates LLC

Greenwood Capital Associates LLC lowered its stake in Union Pacific Corporation (NYSE:UNP) by 2.6% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 41,577 shares of the railroad operator’s stock after selling 1,104 shares during the period. Union Pacific Corporation accounts for 1.2% of Greenwood Capital Associates LLC’s portfolio, making the stock its 28th largest position. Greenwood Capital Associates LLC’s holdings in Union Pacific Corporation were worth $4,404,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors also recently modified their holdings of UNP. Advantage Investment Management LLC grew its holdings in Union Pacific Corporation by 263.7% during the 1st quarter. Advantage Investment Management LLC now owns 953 shares of the railroad operator’s stock worth $101,000 after acquiring an additional 691 shares during the period. Mark Sheptoff Financial Planning LLC grew its holdings in Union Pacific Corporation by 96.3% during the 1st quarter. Mark Sheptoff Financial Planning LLC now owns 1,021 shares of the railroad operator’s stock worth $108,000 after acquiring an additional 501 shares during the period. American National Bank grew its holdings in Union Pacific Corporation by 757.5% during the 1st quarter. American National Bank now owns 1,432 shares of the railroad operator’s stock worth $152,000 after acquiring an additional 1,265 shares during the period. Dubuque Bank & Trust Co. grew its holdings in Union Pacific Corporation by 7.6% during the 1st quarter. Dubuque Bank & Trust Co. now owns 1,464 shares of the railroad operator’s stock worth $155,000 after acquiring an additional 104 shares during the period. Finally, Arcadia Investment Management Corp MI grew its holdings in Union Pacific Corporation by 8.5% during the 1st quarter. Arcadia Investment Management Corp MI now owns 1,635 shares of the railroad operator’s stock worth $173,000 after acquiring an additional 128 shares during the period. 78.56% of the stock is owned by institutional investors and hedge funds.

In other Union Pacific Corporation news, EVP Cameron A. Scott sold 17,604 shares of the stock in a transaction that occurred on 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 of the company’s stock, valued at approximately $10,272,572. The sale was disclosed in a legal filing with the SEC, which is available at this link. Company insiders own 0.20% of the company’s stock.

UNP has been the subject of a number of analyst reports. BidaskClub lowered shares of Union Pacific Corporation from a “hold” rating to a “sell” rating in a report on Thursday, July 27th. Royal Bank Of Canada reissued a “hold” rating and issued a $116.00 price target on shares of Union Pacific Corporation in a report on Friday, June 2nd. Zacks Investment Research raised shares of Union Pacific Corporation from a “hold” rating to a “buy” rating and set a $122.00 price target for the company in a report on Thursday, July 13th. Morgan Stanley reissued an “overweight” rating and issued a $102.00 price target (up previously from $100.00) on shares of Union Pacific Corporation in a report on Monday, July 10th. Finally, BMO Capital Markets reissued a “buy” rating and issued a $123.00 price target on shares of Union Pacific Corporation in a report on Friday, June 2nd. Two investment analysts have rated the stock with a sell rating, ten have issued a hold rating and eight have issued a buy rating to the company’s stock. Union Pacific Corporation currently has a consensus rating of “Hold” and a consensus price target of $113.22.

Shares of Union Pacific Corporation (UNP) traded up 2.29% on Friday, reaching $113.40. 8,269,901 shares of the company were exchanged. Union Pacific Corporation has a 12-month low of $87.06 and a 12-month high of $115.15. The firm has a market capitalization of $90.76 billion, a PE ratio of 20.57 and a beta of 0.81. The company’s 50 day moving average is $105.02 and its 200 day moving average is $107.33.

Union Pacific Corporation (NYSE:UNP) last released its earnings results on Thursday, July 20th. The railroad operator reported $1.45 EPS for the quarter, topping analysts’ consensus estimates 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 for the quarter, compared to analysts’ expectations of $5.19 billion. During the same quarter last year, the business earned $1.17 EPS. The firm’s revenue was up 10.1% compared to the same quarter last year. Analysts forecast that Union Pacific Corporation will post $5.79 earnings per share for the current year.

The business also recently disclosed 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 2.13%. The ex-dividend date is Tuesday, August 29th. Union Pacific Corporation’s dividend payout ratio (DPR) is currently 43.84%.

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About Union Pacific Corporation

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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