MEMBERS Trust Co purchased a new stake in shares of Union Pacific Corporation (NYSE:UNP) during the first quarter, Holdings Channel reports. The firm purchased 6,723 shares of the railroad operator’s stock, valued at approximately $712,000.

Several other large investors have also recently made changes to their positions in UNP. Advantage Investment Management LLC raised its stake in shares of Union Pacific Corporation by 263.7% in the first quarter. Advantage Investment Management LLC now owns 953 shares of the railroad operator’s stock valued at $101,000 after buying an additional 691 shares in the last quarter. Mark Sheptoff Financial Planning LLC raised its stake in shares of Union Pacific Corporation by 96.3% in the first quarter. Mark Sheptoff Financial Planning LLC now owns 1,021 shares of the railroad operator’s stock valued at $108,000 after buying an additional 501 shares in the last quarter. Cable Hill Partners LLC raised its stake in shares of 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 valued at $119,000 after buying an additional 65 shares in the last quarter. SRS Capital Advisors Inc. raised its stake in shares of Union Pacific Corporation by 147.2% in the first quarter. SRS Capital Advisors Inc. now owns 1,152 shares of the railroad operator’s stock valued at $122,000 after buying an additional 686 shares in the last quarter. Finally, American National Bank raised its stake in shares of Union Pacific Corporation by 757.5% in the first quarter. American National Bank now owns 1,432 shares of the railroad operator’s stock valued at $152,000 after buying an additional 1,265 shares in the last quarter. Institutional investors and hedge funds own 79.88% of the company’s stock.

Union Pacific Corporation (UNP) traded up 0.58% during mid-day trading on Thursday, hitting $104.37. The stock had a trading volume of 615,465 shares. Union Pacific Corporation has a one year low of $87.06 and a one year high of $115.15. The firm has a market capitalization of $83.54 billion, a price-to-earnings ratio of 18.93 and a beta of 0.81. The stock’s 50 day moving average price is $106.28 and its 200 day moving average price is $107.80.

Union Pacific Corporation (NYSE:UNP) last announced its earnings results on Thursday, July 20th. The railroad operator reported $1.45 earnings per share for the quarter, topping the Zacks’ consensus estimate of $1.39 by $0.06. The company had revenue of $5.25 billion for 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 firm’s quarterly revenue was up 10.1% compared to the same quarter last year. During the same quarter last year, the company earned $1.17 earnings per share. Analysts forecast that Union Pacific Corporation will post $5.79 EPS for the current year.

The company also recently announced 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. The ex-dividend date of this dividend is Tuesday, August 29th. This represents a $2.42 dividend on an annualized basis and a dividend yield of 2.33%. Union Pacific Corporation’s dividend payout ratio (DPR) is currently 43.84%.

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Several equities research analysts have recently issued reports on the company. BidaskClub lowered Union Pacific Corporation from a “sell” rating to a “strong sell” rating in a report on Thursday, August 3rd. Stifel Nicolaus reissued a “hold” rating and issued a $118.00 price objective (up from $112.00) on shares of Union Pacific Corporation in a research note on Monday, July 24th. Wolfe Research downgraded Union Pacific Corporation from an “outperform” rating to a “market perform” rating in a research note on Monday. Zacks Investment Research raised Union Pacific Corporation from a “hold” rating to a “buy” rating and set a $122.00 price objective on the stock in a research note on Thursday, July 13th. Finally, Deutsche Bank AG downgraded Union Pacific Corporation from a “buy” rating to a “hold” rating and cut their price objective for the company from $132.00 to $110.00 in a research note on Friday, July 21st. Two investment analysts have rated the stock with a sell rating, eleven have issued a hold rating and nine have given a buy rating to the company’s stock. Union Pacific Corporation presently has a consensus rating of “Hold” and an average target price of $112.20.

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 transaction, the executive vice president now owns 95,470 shares in the company, valued at $10,272,572. The sale was disclosed in a filing with the SEC, which is available through the SEC website. 0.20% of the stock is currently owned by company insiders.

Union Pacific Corporation Company Profile

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

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