Union Pacific Corporation (UNP) Position Boosted by Legacy Private Trust Co.
Legacy Private Trust Co. boosted its holdings in shares of Union Pacific Corporation (NYSE:UNP) by 20.9% in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 59,572 shares of the railroad operator’s stock after acquiring an additional 10,291 shares during the quarter. Union Pacific Corporation accounts for 0.8% of Legacy Private Trust Co.’s portfolio, making the stock its 28th biggest holding. Legacy Private Trust Co.’s holdings in Union Pacific Corporation were worth $6,488,000 as of its most recent SEC filing.
A number of other institutional investors and hedge funds have also bought and sold shares of UNP. Advantage Investment Management LLC increased its stake in Union Pacific Corporation by 263.7% in the first quarter. Advantage Investment Management LLC now owns 953 shares of the railroad operator’s stock worth $101,000 after purchasing an additional 691 shares during the period. Mark Sheptoff Financial Planning LLC lifted its position in shares of Union Pacific Corporation by 96.3% during the first quarter. Mark Sheptoff Financial Planning LLC now owns 1,021 shares of the railroad operator’s stock worth $108,000 after purchasing an additional 501 shares during the last quarter. Proficio Capital Partners LLC lifted its position in shares of Union Pacific Corporation by 36.3% during the first quarter. Proficio Capital Partners LLC now owns 1,028 shares of the railroad operator’s stock worth $111,000 after purchasing an additional 274 shares during the last quarter. SRS Capital Advisors Inc. lifted its position in shares of Union Pacific Corporation by 147.2% during the first quarter. SRS Capital Advisors Inc. now owns 1,152 shares of the railroad operator’s stock worth $122,000 after purchasing an additional 686 shares during the last quarter. Finally, Ullmann Financial Group Inc. bought a new stake in shares of Union Pacific Corporation during the first quarter worth $122,000. Institutional investors own 78.38% of the company’s stock.
Union Pacific Corporation (NYSE UNP) traded down 0.64% on Tuesday, hitting $114.52. 1,458,738 shares of the company traded hands. Union Pacific Corporation has a 12 month low of $87.06 and a 12 month high of $116.93. The firm has a market capitalization of $91.66 billion, a P/E ratio of 20.77 and a beta of 0.84. The stock’s 50-day moving average is $108.87 and its 200 day moving average is $107.95.
Union Pacific Corporation (NYSE:UNP) last issued its quarterly earnings data 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 during 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 company’s revenue was up 10.1% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $1.17 EPS. Equities analysts forecast that Union Pacific Corporation will post $5.78 EPS for the current fiscal year.
The business also recently announced a quarterly dividend, which was paid on Friday, September 29th. Investors of record on Thursday, August 31st were given a $0.605 dividend. This represents a $2.42 dividend on an annualized basis and a dividend yield of 2.10%. The ex-dividend date of this dividend was Tuesday, August 29th. Union Pacific Corporation’s dividend payout ratio (DPR) is 43.84%.
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A number of analysts have recently issued reports on the stock. Citigroup Inc. reissued a “buy” rating and set a $120.00 target price on shares of Union Pacific Corporation in a research note on Monday, July 10th. Morgan Stanley reaffirmed an “overweight” rating and issued a $102.00 price target (up previously from $100.00) on shares of Union Pacific Corporation in a research note on Monday, July 10th. Zacks Investment Research raised shares of Union Pacific Corporation from a “hold” rating to a “buy” rating and set a $122.00 price target on the stock in a research note on Thursday, July 13th. Deutsche Bank AG lowered shares of Union Pacific Corporation from a “buy” rating to a “hold” rating and decreased their price objective for the company from $132.00 to $110.00 in a report on Friday, July 21st. Finally, Stifel Nicolaus reiterated a “hold” rating and set a $118.00 price objective (up previously from $112.00) on shares of Union Pacific Corporation in a report on Monday, July 24th. Two investment analysts have rated the stock with a sell rating, twelve have issued a hold rating and seven have issued a buy rating to the stock. The stock currently has an average rating of “Hold” and an average target price of $113.26.
In related news, EVP Cameron A. Scott sold 17,604 shares of Union Pacific Corporation stock in a transaction 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 directly owns 95,470 shares in the company, valued at approximately $10,272,572. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Company 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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