Union Pacific Corp. (UNP) Shares Bought by San Francisco Sentry Investment Group CA
San Francisco Sentry Investment Group CA boosted its position in shares of Union Pacific Corp. (NYSE:UNP) by 2.9% during the second quarter, Holdings Channel reports. The institutional investor owned 18,962 shares of the railroad operator’s stock after buying an additional 530 shares during the period. Union Pacific Corp. makes up approximately 1.0% of San Francisco Sentry Investment Group CA’s holdings, making the stock its 29th largest position. San Francisco Sentry Investment Group CA’s holdings in Union Pacific Corp. were worth $1,654,000 as of its most recent SEC filing.
Several other hedge funds have also recently added to or reduced their stakes in UNP. Edge Asset Management Inc. raised its position in shares of Union Pacific Corp. by 13.0% in the second quarter. Edge Asset Management Inc. now owns 1,028,176 shares of the railroad operator’s stock worth $89,708,000 after buying an additional 118,423 shares during the last quarter. Vestor Capital LLC increased its stake in shares of Union Pacific Corp. by 2.6% in the second quarter. Vestor Capital LLC now owns 37,599 shares of the railroad operator’s stock valued at $3,281,000 after buying an additional 950 shares in the last quarter. First Eagle Investment Management LLC raised its stake in shares of Union Pacific Corp. by 9.8% in the second quarter. First Eagle Investment Management LLC now owns 6,278,839 shares of the railroad operator’s stock worth $547,829,000 after buying an additional 559,493 shares during the last quarter. Financial Counselors Inc. raised its stake in shares of Union Pacific Corp. by 6.1% in the second quarter. Financial Counselors Inc. now owns 171,628 shares of the railroad operator’s stock worth $14,975,000 after buying an additional 9,882 shares during the last quarter. Finally, RPG Investment Advisory LLC raised its stake in shares of Union Pacific Corp. by 22.9% in the second quarter. RPG Investment Advisory LLC now owns 43,758 shares of the railroad operator’s stock worth $3,813,000 after buying an additional 8,140 shares during the last quarter. Institutional investors and hedge funds own 78.14% of the company’s stock.
Shares of Union Pacific Corp. (NYSE:UNP) traded up 0.88% on Wednesday, hitting $93.96. The company had a trading volume of 953,575 shares. Union Pacific Corp. has a 1-year low of $67.06 and a 1-year high of $98.28. The firm has a market capitalization of $78.26 billion, a price-to-earnings ratio of 18.29 and a beta of 0.92. The company has a 50 day moving average price of $94.10 and a 200 day moving average price of $87.61.
Union Pacific Corp. (NYSE:UNP) last posted its quarterly earnings data on Thursday, July 21st. The railroad operator reported $1.17 earnings per share for the quarter, hitting the Thomson Reuters’ consensus estimate of $1.17. Union Pacific Corp. had a return on equity of 21.29% and a net margin of 21.48%. The business had revenue of $4.77 billion for the quarter, compared to analysts’ expectations of $4.80 billion. During the same quarter in the previous year, the firm earned $1.38 earnings per share. The business’s revenue was down 12.1% on a year-over-year basis. On average, equities analysts forecast that Union Pacific Corp. will post $5.03 earnings per share for the current fiscal year.
The firm also recently disclosed a quarterly dividend, which will be paid on Friday, September 30th. Shareholders of record on Wednesday, August 31st will be given a $0.55 dividend. The ex-dividend date is Monday, August 29th. This represents a $2.20 annualized dividend and a yield of 2.36%. Union Pacific Corp.’s dividend payout ratio is currently 42.80%.
A number of equities analysts recently weighed in on UNP shares. Loop Capital reaffirmed a “hold” rating on shares of Union Pacific Corp. in a research note on Friday, September 9th. Morgan Stanley set a $100.00 price target on Union Pacific Corp. and gave the company a “buy” rating in a report on Thursday, August 18th. JPMorgan Chase & Co. restated a “hold” rating and issued a $94.00 price target on shares of Union Pacific Corp. in a report on Sunday, August 21st. Zacks Investment Research cut Union Pacific Corp. from a “hold” rating to a “sell” rating in a research report on Tuesday, September 6th. Finally, Vetr downgraded Union Pacific Corp. from a “hold” rating to a “sell” rating and set a $90.44 price objective for the company. in a report on Wednesday, August 17th. Two analysts have rated the stock with a sell rating, eleven have issued a hold rating and fourteen have issued a buy rating to the company. Union Pacific Corp. currently has a consensus rating of “Hold” and a consensus price target of $95.62.
In other Union Pacific Corp. news, EVP Robert M. Knight, Jr. sold 5,000 shares of the business’s stock in a transaction on Wednesday, September 7th. The stock was sold at an average price of $97.00, for a total value of $485,000.00. Following the transaction, the executive vice president now owns 150,660 shares of the company’s stock, valued at $14,614,020. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, EVP Robert M. Knight, Jr. sold 10,000 shares of the business’s stock in a transaction on Thursday, September 1st. The stock was sold at an average price of $95.24, for a total value of $952,400.00. Following the completion of the transaction, the executive vice president now directly owns 150,660 shares in the company, valued at approximately $14,348,858.40. The disclosure for this sale can be found here. 0.14% of the stock is owned by company insiders.
About Union Pacific Corp.
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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