Chemical Bank grew its position in Union Pacific Corporation (NYSE:UNP) by 2.9% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 39,802 shares of the railroad operator’s stock after purchasing an additional 1,138 shares during the quarter. Chemical Bank’s holdings in Union Pacific Corporation were worth $4,335,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Associated Banc Corp boosted its position in shares of Union Pacific Corporation by 0.5% during the second quarter. Associated Banc Corp now owns 114,506 shares of the railroad operator’s stock worth $12,470,000 after acquiring an additional 595 shares during the last quarter. TIAA CREF Investment Management LLC boosted its position in shares of Union Pacific Corporation by 0.6% during the second quarter. TIAA CREF Investment Management LLC now owns 7,948,391 shares of the railroad operator’s stock worth $865,659,000 after acquiring an additional 46,298 shares during the last quarter. Seven Eight Capital LP boosted its position in shares of Union Pacific Corporation by 1,368.6% during the second quarter. Seven Eight Capital LP now owns 63,311 shares of the railroad operator’s stock worth $6,895,000 after acquiring an additional 59,000 shares during the last quarter. Matthew Goff Investment Advisor LLC boosted its position in shares of Union Pacific Corporation by 9.2% during the second quarter. Matthew Goff Investment Advisor LLC now owns 31,122 shares of the railroad operator’s stock worth $3,389,000 after acquiring an additional 2,618 shares during the last quarter. Finally, Raymond James Trust N.A. boosted its position in shares of Union Pacific Corporation by 3.2% during the second quarter. Raymond James Trust N.A. now owns 90,672 shares of the railroad operator’s stock worth $9,875,000 after acquiring an additional 2,826 shares during the last quarter. Institutional investors and hedge funds own 79.80% of the company’s stock.

Shares of Union Pacific Corporation (NYSE:UNP) opened at $117.86 on Thursday. The company has a quick ratio of 0.97, a current ratio of 1.16 and a debt-to-equity ratio of 0.83. The firm has a market cap of $92,780.00, a price-to-earnings ratio of 20.50, a PEG ratio of 1.88 and a beta of 0.87. Union Pacific Corporation has a 12 month low of $100.10 and a 12 month high of $119.71.

Union Pacific Corporation (NYSE:UNP) last posted its quarterly earnings results on Thursday, October 26th. The railroad operator reported $1.50 EPS for the quarter, topping the Zacks’ consensus estimate of $1.49 by $0.01. The firm had revenue of $5.41 billion for the quarter, compared to analysts’ expectations of $5.32 billion. Union Pacific Corporation had a net margin of 21.84% and a return on equity of 23.35%. The business’s revenue for the quarter was up 4.5% on a year-over-year basis. During the same period in the prior year, the business posted $1.36 earnings per share. sell-side analysts expect that Union Pacific Corporation will post 5.78 EPS for the current year.

The business also recently declared a quarterly dividend, which will be paid on Thursday, December 28th. Stockholders of record on Thursday, November 30th will be issued a $0.665 dividend. The ex-dividend date is Wednesday, November 29th. This is a boost from Union Pacific Corporation’s previous quarterly dividend of $0.61. This represents a $2.66 dividend on an annualized basis and a dividend yield of 2.26%. Union Pacific Corporation’s dividend payout ratio is presently 42.83%.

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A number of equities analysts recently weighed in on UNP shares. Zacks Investment Research lowered shares of Union Pacific Corporation from a “buy” rating to a “hold” rating in a research report on Thursday, November 2nd. Aegis lowered shares of Union Pacific Corporation from a “buy” rating to a “hold” rating and upped their target price for the stock from $120.00 to $122.00 in a research report on Tuesday, October 10th. BMO Capital Markets upped their target price on shares of Union Pacific Corporation from $123.00 to $127.00 and gave the stock an “outperform” rating in a research report on Friday, October 27th. Morgan Stanley upped their target price on shares of Union Pacific Corporation from $100.00 to $104.00 and gave the stock an “equal weight” rating in a research report on Tuesday, October 31st. Finally, Royal Bank Of Canada restated a “hold” rating and set a $124.00 target price on shares of Union Pacific Corporation in a research report on Thursday, November 9th. Four analysts have rated the stock with a sell rating, sixteen have assigned a hold rating and four have issued a buy rating to the company. The stock currently has a consensus rating of “Hold” and a consensus target price of $117.59.

About Union Pacific Corporation

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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