Two Sigma Securities LLC purchased a new position in shares of Union Pacific Corporation (NYSE:UNP) during the first quarter, Holdings Channel reports. The fund purchased 21,570 shares of the railroad operator’s stock, valued at approximately $2,285,000.

Other large investors also recently made changes to their positions in the company. Trust Co boosted its stake in shares of Union Pacific Corporation by 36.0% in the fourth quarter. Trust Co now owns 3,073 shares of the railroad operator’s stock worth $318,000 after buying an additional 814 shares during the period. Fulton Bank N.A. boosted its stake in shares of Union Pacific Corporation by 63.8% in the first quarter. Fulton Bank N.A. now owns 3,909 shares of the railroad operator’s stock worth $414,000 after buying an additional 1,522 shares during the period. Manning & Napier Advisors LLC boosted its stake in shares of Union Pacific Corporation by 6.1% in the first quarter. Manning & Napier Advisors LLC now owns 117,891 shares of the railroad operator’s stock worth $12,485,000 after buying an additional 6,747 shares during the period. Rathbone Brothers plc boosted its stake in shares of Union Pacific Corporation by 4.0% in the first quarter. Rathbone Brothers plc now owns 41,258 shares of the railroad operator’s stock worth $4,370,000 after buying an additional 1,600 shares during the period. Finally, Chevy Chase Trust Holdings Inc. boosted its stake in shares of Union Pacific Corporation by 1.8% in the first quarter. Chevy Chase Trust Holdings Inc. now owns 723,420 shares of the railroad operator’s stock worth $76,625,000 after buying an additional 12,776 shares during the period. 79.88% of the stock is owned by hedge funds and other institutional investors.

Shares of Union Pacific Corporation (UNP) traded up 0.51% during mid-day trading on Thursday, hitting $104.30. 624,462 shares of the company’s stock traded hands. Union Pacific Corporation has a 1-year low of $87.06 and a 1-year high of $115.15. The stock has a market cap of $83.48 billion, a P/E ratio of 18.92 and a beta of 0.81. The stock has a 50 day moving average price of $106.28 and a 200-day moving average price of $107.80.

Union Pacific Corporation (NYSE:UNP) last released its earnings results on Thursday, July 20th. The railroad operator reported $1.45 earnings per share for the quarter, topping the consensus estimate of $1.39 by $0.06. The business had revenue of $5.25 billion for the quarter, compared to the consensus estimate of $5.19 billion. Union Pacific Corporation had a net margin of 21.79% and a return on equity of 22.70%. The firm’s quarterly revenue was up 10.1% compared to the same quarter last year. During the same period last year, the firm posted $1.17 earnings per share. Equities research analysts anticipate that Union Pacific Corporation will post $5.79 EPS for the current fiscal 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 given a $0.605 dividend. This represents a $2.42 annualized dividend and a dividend yield of 2.33%. The ex-dividend date of this dividend is Tuesday, August 29th. Union Pacific Corporation’s dividend payout ratio (DPR) is currently 43.84%.

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A number of equities research analysts recently weighed in on the stock. Cowen and Company boosted their price target on shares of Union Pacific Corporation from $109.00 to $117.00 and gave the company a “market perform” rating in a research report on Friday, April 28th. Royal Bank Of Canada reissued a “hold” rating and issued a $116.00 price target on shares of Union Pacific Corporation in a research report on Friday, June 2nd. BMO Capital Markets reaffirmed a “buy” rating and issued a $123.00 target price on shares of Union Pacific Corporation in a report on Friday, June 2nd. Zacks Investment Research raised shares of Union Pacific Corporation from a “hold” rating to a “buy” rating and set a $122.00 target price for the company in a report on Tuesday, May 30th. Finally, Credit Suisse Group upped their target price on shares of Union Pacific Corporation from $129.00 to $131.00 and gave the company a “buy” rating in a report on Friday, May 26th. Two research analysts have rated the stock with a sell rating, eleven have given a hold rating and nine have issued a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and an average target price of $112.20.

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 value of $1,894,190.40. Following the transaction, the executive vice president now directly 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 this hyperlink. 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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