Sei Investments Co. reduced its position in shares of Union Pacific Corporation (NYSE:UNP) by 1.3% during the first quarter, according to its most recent disclosure with the SEC. The institutional investor owned 661,084 shares of the railroad operator’s stock after selling 8,433 shares during the period. Sei Investments Co. owned 0.08% of Union Pacific Corporation worth $70,022,000 as of its most recent SEC filing.
Other hedge funds have also recently made changes to their positions in the company. Cable Hill Partners LLC boosted its stake in Union Pacific Corporation by 6.1% in the first quarter. Cable Hill Partners LLC now owns 1,130 shares of the railroad operator’s stock worth $119,000 after buying an additional 65 shares in the last quarter. American National Bank boosted its stake in Union Pacific Corporation by 757.5% in the first quarter. American National Bank now owns 1,432 shares of the railroad operator’s stock worth $152,000 after buying an additional 1,265 shares in the last quarter. Dubuque Bank & Trust Co. boosted 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 worth $155,000 after buying an additional 104 shares in the last quarter. Arcadia Investment Management Corp MI boosted 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 worth $173,000 after buying an additional 128 shares in the last quarter. Finally, Independent Advisor Alliance bought a new stake in Union Pacific Corporation during the fourth quarter worth about $187,000. Hedge funds and other institutional investors own 79.94% of the company’s stock.
Shares of Union Pacific Corporation (NYSE:UNP) traded up 0.95% on Wednesday, hitting $105.85. 2,915,485 shares of the stock were exchanged. The company has a market cap of $84.72 billion, a price-to-earnings ratio of 19.20 and a beta of 0.81. The company has a 50 day moving average of $105.84 and a 200 day moving average of $107.64. Union Pacific Corporation has a 52-week low of $87.06 and a 52-week high of $115.15.
Union Pacific Corporation (NYSE:UNP) last released its quarterly earnings data on Thursday, July 20th. The railroad operator reported $1.45 earnings per share for the quarter, beating analysts’ consensus estimates of $1.39 by $0.06. The firm had revenue of $5.25 billion during the quarter, compared to analyst estimates of $5.19 billion. Union Pacific Corporation had a return on equity of 22.70% and a net margin of 21.79%. The business’s quarterly revenue was up 10.1% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $1.17 earnings per share. Equities research 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. Stockholders of record on Thursday, August 31st will be paid a dividend of $0.605 per share. This represents a $2.42 dividend on an annualized basis and a dividend yield of 2.29%. The ex-dividend date of this dividend is Tuesday, August 29th. Union Pacific Corporation’s dividend payout ratio (DPR) is presently 43.84%.
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A number of analysts have recently issued reports on the stock. Stifel Nicolaus restated a “hold” rating and set a $118.00 target price (up previously from $112.00) on shares of Union Pacific Corporation in a research note on Monday, July 24th. Citigroup Inc. restated a “buy” rating and set a $120.00 target price on shares of Union Pacific Corporation in a research note on Monday, July 10th. Zacks Investment Research lowered shares of Union Pacific Corporation from a “buy” rating to a “hold” rating in a research report on Monday, July 24th. BidaskClub lowered shares of Union Pacific Corporation from a “sell” rating to a “strong sell” rating in a research report on Thursday, August 3rd. Finally, Cowen and Company raised their price target on shares of Union Pacific Corporation from $109.00 to $117.00 and gave the stock a “market perform” rating in a research report on Friday, April 28th. Two investment analysts have rated the stock with a sell rating, eleven have assigned a hold rating and eight have assigned a buy rating to the company. The company currently has an average rating of “Hold” and an average target price of $112.10.
In other news, EVP Cameron A. Scott sold 17,604 shares of the stock in a transaction that occurred on Friday, July 7th. The stock was 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 owns 95,470 shares of the company’s stock, valued at $10,272,572. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Corporate insiders own 0.20% of the company’s stock.
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.
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