Sii Investments Inc. WI boosted its stake in shares of Union Pacific Corporation (NYSE:UNP) by 55.1% during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 4,303 shares of the railroad operator’s stock after buying an additional 1,528 shares during the period. Sii Investments Inc. WI’s holdings in Union Pacific Corporation were worth $457,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Cornerstone Investment Partners LLC purchased a new position in shares of Union Pacific Corporation during the first quarter valued at about $47,220,000. Northstar Group Inc. increased its position in shares of 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 last quarter. Trust Co increased its position 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 valued at $318,000 after buying an additional 814 shares during the last quarter. Fulton Bank N.A. increased its position 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 valued at $414,000 after buying an additional 1,522 shares during the last quarter. Finally, Manning & Napier Advisors LLC increased its position 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 valued at $12,485,000 after buying an additional 6,747 shares during the last quarter. 79.88% of the stock is currently owned by institutional investors and hedge funds.

Union Pacific Corporation (NYSE:UNP) traded up 1.33% during midday trading on Friday, hitting $104.06. 1,118,473 shares of the stock traded hands. The firm has a market cap of $83.29 billion, a P/E ratio of 18.87 and a beta of 0.81. Union Pacific Corporation has a 1-year low of $87.06 and a 1-year high of $115.15. The company has a 50-day moving average price of $106.14 and a 200-day moving average price of $107.77.

Union Pacific Corporation (NYSE:UNP) last posted its earnings results on Thursday, July 20th. The railroad operator reported $1.45 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $1.39 by $0.06. The firm had revenue of $5.25 billion during 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 was up 10.1% compared to the same quarter last year. During the same period in the previous year, the company earned $1.17 earnings per share. Analysts predict that Union Pacific Corporation will post $5.79 EPS for the current year.

The company also recently declared 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 dividend on an annualized basis and a dividend yield of 2.36%. The ex-dividend date is Tuesday, August 29th. Union Pacific Corporation’s dividend payout ratio is 43.84%.

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Several equities analysts recently issued reports on the stock. Cowen and Company upped their price objective on shares of Union Pacific Corporation from $109.00 to $117.00 and gave the company a “market perform” rating in a research note on Friday, April 28th. Royal Bank Of Canada reissued a “hold” rating and set a $116.00 price objective on shares of Union Pacific Corporation in a research note on Friday, June 2nd. BMO Capital Markets reissued a “buy” rating and set a $123.00 price objective on shares of Union Pacific Corporation in a research note 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 price objective on the stock in a research note on Tuesday, May 30th. Finally, Credit Suisse Group upped their price objective on shares of Union Pacific Corporation from $129.00 to $131.00 and gave the company a “buy” rating in a research note on Friday, May 26th. Two analysts have rated the stock with a sell rating, eleven have assigned a hold rating and nine have issued a buy rating to the company’s stock. Union Pacific Corporation has a consensus rating of “Hold” and an average price target 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 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 available at the SEC website. Company insiders own 0.20% of the company’s stock.

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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