GSA Capital Partners LLP lessened its stake in shares of Union Pacific Co. (NYSE:UNP) by 88.8% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,520 shares of the railroad operator’s stock after selling 12,051 shares during the quarter. GSA Capital Partners LLP’s holdings in Union Pacific were worth $215,000 at the end of the most recent quarter.

Several other institutional investors also recently added to or reduced their stakes in the company. Schwab Charles Investment Management Inc. raised its position in Union Pacific by 1.8% in the second quarter. Schwab Charles Investment Management Inc. now owns 5,110,636 shares of the railroad operator’s stock worth $724,075,000 after acquiring an additional 91,243 shares in the last quarter. Canada Pension Plan Investment Board raised its position in Union Pacific by 1.9% in the second quarter. Canada Pension Plan Investment Board now owns 3,718,928 shares of the railroad operator’s stock worth $526,898,000 after acquiring an additional 68,502 shares in the last quarter. Egerton Capital UK LLP raised its position in Union Pacific by 0.3% in the second quarter. Egerton Capital UK LLP now owns 3,279,188 shares of the railroad operator’s stock worth $464,595,000 after acquiring an additional 10,130 shares in the last quarter. Fred Alger Management Inc. raised its position in Union Pacific by 89.6% in the second quarter. Fred Alger Management Inc. now owns 2,791,161 shares of the railroad operator’s stock worth $395,452,000 after acquiring an additional 1,319,274 shares in the last quarter. Finally, Swiss National Bank raised its position in Union Pacific by 3.1% in the second quarter. Swiss National Bank now owns 2,602,672 shares of the railroad operator’s stock worth $368,747,000 after acquiring an additional 77,200 shares in the last quarter. Institutional investors and hedge funds own 80.38% of the company’s stock.

Shares of UNP stock opened at $163.22 on Wednesday. Union Pacific Co. has a fifty-two week low of $108.71 and a fifty-two week high of $165.63. The firm has a market capitalization of $122.01 billion, a PE ratio of 28.19, a PEG ratio of 1.99 and a beta of 0.82. The company has a debt-to-equity ratio of 1.07, a current ratio of 1.03 and a quick ratio of 0.85.

Union Pacific (NYSE:UNP) last posted its quarterly earnings data on Thursday, July 19th. The railroad operator reported $1.98 EPS for the quarter, beating analysts’ consensus estimates of $1.94 by $0.04. The business had revenue of $5.67 billion for the quarter, compared to analyst estimates of $5.65 billion. Union Pacific had a return on equity of 23.63% and a net margin of 51.31%. The business’s revenue for the quarter was up 8.0% compared to the same quarter last year. During the same quarter last year, the company earned $1.45 earnings per share. sell-side analysts anticipate that Union Pacific Co. will post 7.76 earnings per share for the current fiscal year.

The business also recently disclosed a quarterly dividend, which will be paid on Friday, September 28th. Investors of record on Friday, August 31st will be paid a dividend of $0.80 per share. The ex-dividend date is Thursday, August 30th. This represents a $3.20 dividend on an annualized basis and a dividend yield of 1.96%. This is a positive change from Union Pacific’s previous quarterly dividend of $0.73. Union Pacific’s dividend payout ratio (DPR) is presently 55.27%.

Several research analysts have issued reports on UNP shares. Zacks Investment Research upgraded Union Pacific from a “hold” rating to a “buy” rating and set a $155.00 price objective for the company in a research report on Wednesday, July 18th. Cowen reiterated a “hold” rating and issued a $151.00 price objective on shares of Union Pacific in a research report on Thursday, July 19th. Credit Suisse Group increased their price objective on Union Pacific from $167.00 to $185.00 and gave the stock an “outperform” rating in a research report on Thursday, September 20th. Royal Bank of Canada reiterated a “hold” rating and issued a $145.00 price objective on shares of Union Pacific in a research report on Friday, July 20th. Finally, BMO Capital Markets increased their price objective on Union Pacific to $180.00 and gave the stock an “outperform” rating in a research report on Thursday, September 20th. Two research analysts have rated the stock with a sell rating, ten have assigned a hold rating and thirteen have issued a buy rating to the stock. Union Pacific presently has an average rating of “Hold” and an average price target of $152.86.

In related news, EVP Robert M. Knight, Jr. sold 20,000 shares of the stock in a transaction on Monday, September 24th. The stock was sold at an average price of $163.81, for a total transaction of $3,276,200.00. Following the sale, the executive vice president now owns 106,518 shares of the company’s stock, valued at $17,448,713.58. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, EVP Lynden L. Tennison sold 8,450 shares of the stock in a transaction on Tuesday, August 28th. The shares were sold at an average price of $151.72, for a total value of $1,282,034.00. Following the sale, the executive vice president now directly owns 53,978 shares in the company, valued at approximately $8,189,542.16. The disclosure for this sale can be found here. 0.20% of the stock is owned by company insiders.

About Union Pacific

Union Pacific Corporation, through its subsidiary, Union Pacific Railroad Company, operates railroads in the United States. It offers transportation services for agricultural products, including grains, commodities produced from grains, and food and beverage products; automotive, such as finished vehicles and automotive parts; and chemicals comprising industrial chemicals, plastics, fertilizers, petroleum and liquid petroleum gases, crude oil, and soda ash.

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

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