Buffington Mohr McNeal continued to hold its stake in shares of Union Pacific Corporation (NYSE:UNP) during the second quarter, according to its most recent disclosure with the SEC. The firm owned 4,364 shares of the railroad operator’s stock at the end of the second quarter. Buffington Mohr McNeal’s holdings in Union Pacific Corporation were worth $475,000 at the end of the most recent quarter.

Several other large investors have also recently made changes to their positions in the company. Meeder Asset Management Inc. raised its stake in shares of Union Pacific Corporation by 85.6% in the second quarter. Meeder Asset Management Inc. now owns 44,281 shares of the railroad operator’s stock worth $4,823,000 after purchasing an additional 20,421 shares during the last quarter. Trust Co. of Oklahoma raised its stake in shares of Union Pacific Corporation by 0.4% in the second quarter. Trust Co. of Oklahoma now owns 10,007 shares of the railroad operator’s stock worth $1,090,000 after purchasing an additional 42 shares during the last quarter. Chesley Taft & Associates LLC raised its stake in shares of Union Pacific Corporation by 13.9% in the second quarter. Chesley Taft & Associates LLC now owns 48,850 shares of the railroad operator’s stock worth $5,320,000 after purchasing an additional 5,975 shares during the last quarter. Baldwin Brothers Inc. MA raised its stake in shares of Union Pacific Corporation by 28.0% in the second quarter. Baldwin Brothers Inc. MA now owns 65,009 shares of the railroad operator’s stock worth $7,080,000 after purchasing an additional 14,235 shares during the last quarter. Finally, National Pension Service raised its stake in shares of Union Pacific Corporation by 9.4% in the second quarter. National Pension Service now owns 631,358 shares of the railroad operator’s stock worth $68,117,000 after purchasing an additional 54,439 shares during the last quarter. Hedge funds and other institutional investors own 78.38% of the company’s stock.

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Union Pacific Corporation (NYSE UNP) remained flat at $115.97 during mid-day trading on Friday. 2,317,197 shares of the company traded hands. The stock has a 50-day moving average price of $105.56 and a 200-day moving average price of $107.35. The stock has a market capitalization of $92.82 billion, a price-to-earnings ratio of 21.03 and a beta of 0.81. Union Pacific Corporation has a 12-month low of $87.06 and a 12-month high of $116.26.

Union Pacific Corporation (NYSE:UNP) last issued its earnings results on Thursday, July 20th. The railroad operator reported $1.45 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.39 by $0.06. The business had revenue of $5.25 billion during the quarter, compared to the consensus estimate of $5.19 billion. Union Pacific Corporation had a return on equity of 22.70% and a net margin of 21.79%. The company’s revenue for the quarter was up 10.1% on a year-over-year basis. During the same period in the prior year, the business posted $1.17 EPS. Analysts anticipate that Union Pacific Corporation will post $5.78 EPS for the current fiscal year.

The firm also recently announced a quarterly dividend, which was paid on Friday, September 29th. Stockholders of record on Thursday, August 31st were paid a dividend of $0.605 per share. This represents a $2.42 dividend on an annualized basis and a dividend yield of 2.09%. The ex-dividend date of this dividend was Tuesday, August 29th. Union Pacific Corporation’s dividend payout ratio (DPR) is 43.84%.

Several brokerages have recently issued reports on UNP. Robert W. Baird restated a “hold” rating and issued a $116.00 price objective on shares of Union Pacific Corporation in a research note on Sunday, September 17th. BMO Capital Markets restated a “buy” rating and issued a $123.00 price objective on shares of Union Pacific Corporation in a research note on Friday, September 15th. Zacks Investment Research upgraded Union Pacific Corporation from a “hold” rating to a “buy” rating and set a $122.00 price objective for the company in a research note on Thursday, July 13th. Morgan Stanley restated an “overweight” rating and issued a $102.00 price objective (up from $100.00) on shares of Union Pacific Corporation in a research note on Monday, July 10th. Finally, Citigroup Inc. restated a “buy” rating and issued a $120.00 price objective on shares of Union Pacific Corporation in a research note on Monday, July 10th. Two equities research analysts have rated the stock with a sell rating, eleven have issued a hold rating and eight have assigned a buy rating to the company. The company currently has an average rating of “Hold” and an average target price of $113.38.

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 completion of the transaction, the executive vice president now directly owns 95,470 shares of the company’s stock, valued at approximately $10,272,572. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Corporate insiders own 0.20% of the company’s stock.

Union Pacific Corporation 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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