Pekin Singer Strauss Asset Management IL grew its holdings in Union Pacific Corporation (NYSE:UNP) by 2.1% during the 2nd quarter, according to the company in its most recent filing with the SEC. The fund owned 8,717 shares of the railroad operator’s stock after purchasing an additional 180 shares during the period. Pekin Singer Strauss Asset Management IL’s holdings in Union Pacific Corporation were worth $949,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of UNP. Advantage Investment Management LLC increased its stake in shares of Union Pacific Corporation by 263.7% in the 1st quarter. Advantage Investment Management LLC now owns 953 shares of the railroad operator’s stock valued at $101,000 after purchasing an additional 691 shares during the last quarter. Mark Sheptoff Financial Planning LLC increased its stake in shares of Union Pacific Corporation by 96.3% in the 1st quarter. Mark Sheptoff Financial Planning LLC now owns 1,021 shares of the railroad operator’s stock valued at $108,000 after purchasing an additional 501 shares during the last quarter. Proficio Capital Partners LLC increased its stake in shares of Union Pacific Corporation by 36.3% in the 1st quarter. Proficio Capital Partners LLC now owns 1,028 shares of the railroad operator’s stock valued at $111,000 after purchasing an additional 274 shares during the last quarter. SRS Capital Advisors Inc. increased its stake in shares of Union Pacific Corporation by 147.2% in the 1st quarter. SRS Capital Advisors Inc. now owns 1,152 shares of the railroad operator’s stock valued at $122,000 after purchasing an additional 686 shares during the last quarter. Finally, Ullmann Financial Group Inc. bought a new position in shares of Union Pacific Corporation in the 1st quarter valued at $122,000. Institutional investors own 78.33% of the company’s stock.

Union Pacific Corporation (UNP) opened at 112.09 on Tuesday. Union Pacific Corporation has a one year low of $87.06 and a one year high of $116.93. The firm has a market capitalization of $89.72 billion, a P/E ratio of 20.33 and a beta of 0.84. The firm’s 50-day moving average price is $111.31 and its 200 day moving average price is $108.53.

Union Pacific Corporation (NYSE:UNP) last announced its quarterly earnings data 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. 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 earnings per share. The company’s revenue for the quarter was up 10.1% compared to the same quarter last year. On average, equities analysts anticipate that Union Pacific Corporation will post $5.76 earnings per share for the current fiscal year.

The business also recently disclosed 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. The ex-dividend date of this dividend was Tuesday, August 29th. This represents a $2.42 dividend on an annualized basis and a dividend yield of 2.16%. Union Pacific Corporation’s dividend payout ratio (DPR) is currently 43.84%.

UNP has been the topic of several recent analyst reports. Citigroup Inc. reiterated a “buy” rating and issued a $120.00 price target on shares of Union Pacific Corporation in a research note on Monday, July 10th. Zacks Investment Research lowered Union Pacific Corporation from a “buy” rating to a “hold” rating in a research note on Monday, July 24th. Morgan Stanley reissued an “overweight” rating and set a $102.00 price objective (up previously from $100.00) on shares of Union Pacific Corporation in a report on Monday, July 10th. Robert W. Baird reissued a “hold” rating and set a $116.00 price objective on shares of Union Pacific Corporation in a report on Sunday, September 17th. Finally, BMO Capital Markets reissued a “buy” rating and set a $123.00 price objective on shares of Union Pacific Corporation in a report on Friday, September 15th. Two investment analysts have rated the stock with a sell rating, fourteen have assigned a hold rating and five have issued a buy rating to the stock. Union Pacific Corporation currently has an average rating of “Hold” and a consensus target price of $113.36.

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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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