Public Employees Retirement System of Ohio lowered its stake in Union Pacific Corporation (NYSE:UNP) by 1.1% during the first quarter, according to its most recent 13F filing with the SEC. The fund owned 576,058 shares of the railroad operator’s stock after selling 6,670 shares during the period. Public Employees Retirement System of Ohio’s holdings in Union Pacific Corporation were worth $61,016,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Trust Co boosted its position in Union Pacific Corporation by 36.0% in the fourth quarter. Trust Co now owns 3,073 shares of the railroad operator’s stock valued at $318,000 after buying an additional 814 shares during the period. Northstar Group Inc. boosted its position in Union Pacific Corporation by 1.4% in the first quarter. Northstar Group Inc. now owns 15,631 shares of the railroad operator’s stock valued at $1,649,000 after buying an additional 212 shares during the period. Cornerstone Investment Partners LLC bought a new stake in shares of Union Pacific Corporation during the first quarter valued at approximately $47,220,000. Raymond James Trust N.A. raised its stake in shares of Union Pacific Corporation by 0.6% in the first quarter. Raymond James Trust N.A. now owns 87,846 shares of the railroad operator’s stock valued at $9,304,000 after buying an additional 485 shares in the last quarter. Finally, 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. Institutional investors and hedge funds own 79.94% of the company’s stock.

Union Pacific Corporation (NYSE UNP) traded up 0.8910% during mid-day trading on Wednesday, reaching $105.7842. 793,143 shares of the company were exchanged. The stock has a 50 day moving average of $105.84 and a 200-day moving average of $107.64. The stock has a market capitalization of $84.67 billion, a price-to-earnings ratio of 19.1847 and a beta of 0.81. Union Pacific Corporation has a one year low of $87.06 and a one year 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 (EPS) for the quarter, beating the consensus estimate of $1.39 by $0.06. The firm had revenue of $5.25 billion for the quarter, compared to analysts’ expectations of $5.19 billion. Union Pacific Corporation had a net margin of 21.79% and a return on equity of 22.70%. The company’s revenue for the quarter was up 10.1% compared to the same quarter last year. During the same quarter last year, the business posted $1.17 earnings per share. On average, equities analysts expect that Union Pacific Corporation will post $5.79 earnings per share for the current fiscal 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 given a dividend of $0.605 per share. This represents a $2.42 annualized dividend and a dividend yield of 2.31%. The ex-dividend date of this dividend is Tuesday, August 29th. Union Pacific Corporation’s payout ratio is currently 43.84%.

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UNP has been the topic of several research reports. Cowen and Company lifted their price objective 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. Credit Suisse Group lifted their price objective on shares of Union Pacific Corporation from $129.00 to $131.00 and gave the stock a “buy” rating in a research report on Friday, May 26th. Zacks Investment Research raised shares of Union Pacific Corporation from a “hold” rating to a “buy” rating and set a $122.00 price objective on the stock in a research report on Tuesday, May 30th. BMO Capital Markets reaffirmed a “buy” rating and issued a $123.00 price objective on shares of Union Pacific Corporation in a research report on Friday, June 2nd. Finally, Royal Bank Of Canada reaffirmed a “hold” rating and issued a $116.00 price objective on shares of Union Pacific Corporation in a research report on Friday, June 2nd. Two investment analysts have rated the stock with a sell rating, eleven have given a hold rating and eight have assigned a buy rating to the company. Union Pacific Corporation has a consensus rating of “Hold” and an average price target of $112.10.

In other news, EVP Cameron A. Scott sold 17,604 shares of Union Pacific Corporation 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 sale, the executive vice president now owns 95,470 shares in the company, valued at $10,272,572. The transaction was disclosed in a document filed with the SEC, which is available at this link. Company insiders own 0.20% of the company’s stock.

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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