Union Pacific Corporation (UNP) Shares Sold by Family Capital Trust Co
Family Capital Trust Co lowered its position in Union Pacific Corporation (NYSE:UNP) by 2.0% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 42,303 shares of the railroad operator’s stock after selling 850 shares during the period. Union Pacific Corporation comprises about 2.4% of Family Capital Trust Co’s investment portfolio, making the stock its 14th biggest holding. Family Capital Trust Co’s holdings in Union Pacific Corporation were worth $4,607,000 at the end of the most recent reporting period.
Several other institutional investors and hedge funds have also recently modified their holdings of the stock. State Street Corp grew its holdings in shares of Union Pacific Corporation by 0.4% in the first quarter. State Street Corp now owns 34,686,206 shares of the railroad operator’s stock worth $3,673,956,000 after acquiring an additional 127,803 shares during the period. First Eagle Investment Management LLC grew its holdings in shares of Union Pacific Corporation by 2.8% in the first quarter. First Eagle Investment Management LLC now owns 5,956,119 shares of the railroad operator’s stock worth $630,872,000 after acquiring an additional 163,532 shares during the period. Legal & General Group Plc grew its holdings in shares of Union Pacific Corporation by 3.6% in the first quarter. Legal & General Group Plc now owns 4,365,934 shares of the railroad operator’s stock worth $462,450,000 after acquiring an additional 150,498 shares during the period. Ameriprise Financial Inc. grew its holdings in shares of Union Pacific Corporation by 21.6% in the first quarter. Ameriprise Financial Inc. now owns 2,996,965 shares of the railroad operator’s stock worth $317,475,000 after acquiring an additional 531,917 shares during the period. Finally, Swiss National Bank grew its holdings in shares of Union Pacific Corporation by 25.9% in the first quarter. Swiss National Bank now owns 2,920,172 shares of the railroad operator’s stock worth $309,305,000 after acquiring an additional 600,300 shares during the period. 78.38% of the stock is owned by institutional investors.
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Several analysts recently commented on the company. Stifel Nicolaus lifted their price objective on Union Pacific Corporation from $118.00 to $120.00 and gave the stock a “hold” rating in a report on Friday, August 18th. Royal Bank Of Canada reaffirmed a “hold” rating and issued a $115.00 price objective on shares of Union Pacific Corporation in a report on Friday, August 25th. BMO Capital Markets reaffirmed a “buy” rating and issued a $123.00 price objective on shares of Union Pacific Corporation in a report on Friday, September 15th. BidaskClub lowered Union Pacific Corporation from a “sell” rating to a “strong sell” rating in a report on Thursday, August 3rd. Finally, Zacks Investment Research lowered Union Pacific Corporation from a “buy” rating to a “hold” rating in a report on Monday, July 24th. Two investment 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’s stock. The company has an average rating of “Hold” and a consensus target price of $113.38.
Shares of Union Pacific Corporation (NYSE UNP) remained flat at $115.97 during trading on Friday. 2,317,197 shares of the stock traded hands. The company 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 posted its earnings results on Thursday, July 20th. The railroad operator reported $1.45 EPS for the quarter, beating the Zacks’ consensus estimate of $1.39 by $0.06. Union Pacific Corporation had a return on equity of 22.70% and a net margin of 21.79%. The firm had revenue of $5.25 billion for the quarter, compared to analysts’ expectations of $5.19 billion. During the same period last year, the firm earned $1.17 EPS. The company’s quarterly revenue was up 10.1% on a year-over-year basis. On average, equities analysts expect that Union Pacific Corporation will post $5.78 earnings per share for the current year.
The firm also recently announced a quarterly dividend, which was paid on Friday, September 29th. Stockholders of record on Thursday, August 31st were given 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 presently 43.84%.
In other news, EVP Cameron A. Scott sold 17,604 shares of the firm’s stock in a transaction dated 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 sale, the executive vice president now directly owns 95,470 shares in the company, valued at approximately $10,272,572. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 0.20% of the stock is owned by company insiders.
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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