Today, Union Pacific Corp. (UNP) Position Boosted by Alley Co LLC

Today, Union Pacific Corp. (UNP) Position Boosted by Alley Co LLC

Alley Co LLC increased its position in shares of Union Pacific Corp. (NYSE:UNP) by 4.2% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 40,005 shares of the railroad operator’s stock after buying an additional 1,598 shares during the period. Union Pacific Corp. accounts for about 1.6% of Alley Co LLC’s investment portfolio, making the stock its 29th largest position. Alley Co LLC’s holdings in Union Pacific Corp. were worth $3,490,000 at the end of the most recent quarter.

Other large investors also recently made changes to their positions in the company. Community Bank N.A. raised its stake in shares of Union Pacific Corp. by 41.9% in the second quarter. Community Bank N.A. now owns 1,422 shares of the railroad operator’s stock worth $124,000 after buying an additional 420 shares during the last quarter. Arcadia Investment Management Corp MI raised its stake in shares of Union Pacific Corp. by 164.4% in the second quarter. Arcadia Investment Management Corp MI now owns 1,507 shares of the railroad operator’s stock worth $131,000 after buying an additional 937 shares during the last quarter. Signaturefd LLC raised its stake in shares of Union Pacific Corp. by 14.6% in the second quarter. Signaturefd LLC now owns 1,692 shares of the railroad operator’s stock worth $148,000 after buying an additional 216 shares during the last quarter. Gilman Hill Asset Management LLC bought a new stake in shares of Union Pacific Corp. during the second quarter worth $200,000. Finally, QUANTRES ASSET MANAGEMENT Ltd bought a new stake in shares of Union Pacific Corp. during the second quarter worth $201,000. Institutional investors own 78.08% of the company’s stock.

Union Pacific Corp. (NYSE:UNP) traded up 0.31% during trading on Tuesday, hitting $97.07. 2,389,773 shares of the company traded hands. The firm has a market cap of $80.85 billion, a price-to-earnings ratio of 18.90 and a beta of 0.84. The company’s 50-day moving average is $95.50 and its 200 day moving average is $89.69. Union Pacific Corp. has a 52-week low of $67.06 and a 52-week high of $98.84.

Union Pacific Corp. (NYSE:UNP) last issued its earnings results on Thursday, July 21st. The railroad operator reported $1.17 earnings per share for the quarter, meeting the Thomson Reuters’ consensus estimate of $1.17. Union Pacific Corp. had a net margin of 21.48% and a return on equity of 21.29%. The firm had revenue of $4.77 billion for the quarter, compared to analysts’ expectations of $4.80 billion. During the same quarter last year, the company earned $1.38 earnings per share. The firm’s revenue was down 12.1% compared to the same quarter last year. On average, equities analysts anticipate that Union Pacific Corp. will post $5.04 earnings per share for the current year.

The business also recently disclosed a quarterly dividend, which was paid on Friday, September 30th. Shareholders of record on Wednesday, August 31st were issued a dividend of $0.55 per share. The ex-dividend date was Monday, August 29th. This represents a $2.20 dividend on an annualized basis and a yield of 2.27%. Union Pacific Corp.’s payout ratio is currently 42.80%.

A number of equities research analysts recently weighed in on the stock. Vetr upgraded shares of Union Pacific Corp. from a “sell” rating to a “hold” rating and set a $91.25 price objective for the company in a report on Monday, September 12th. Howard Weil lowered shares of Union Pacific Corp. to a “sector perform” rating in a report on Tuesday, June 21st. Credit Suisse Group AG restated a “buy” rating and issued a $106.00 price target on shares of Union Pacific Corp. in a report on Tuesday, September 13th. Vertical Research initiated coverage on shares of Union Pacific Corp. in a report on Tuesday, October 11th. They issued a “hold” rating for the company. Finally, Zacks Investment Research upgraded shares of Union Pacific Corp. from a “sell” rating to a “hold” rating in a report on Wednesday, September 14th. Three investment analysts have rated the stock with a sell rating, ten have issued a hold rating and thirteen have assigned a buy rating to the company’s stock. The company currently has an average rating of “Hold” and an average price target of $96.12.

In other Union Pacific Corp. news, EVP Robert M. Knight, Jr. sold 10,000 shares of the firm’s stock in a transaction that occurred on Thursday, September 1st. The shares were sold at an average price of $95.24, for a total transaction of $952,400.00. Following the sale, the executive vice president now owns 150,660 shares of the company’s stock, valued at $14,348,858.40. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, EVP Cameron A. Scott sold 6,484 shares of the firm’s stock in a transaction that occurred on Friday, October 7th. The stock was sold at an average price of $98.44, for a total transaction of $638,284.96. Following the sale, the executive vice president now directly owns 71,320 shares in the company, valued at approximately $7,020,740.80. The disclosure for this sale can be found here. Company insiders own 0.14% of the company’s stock.

About Union Pacific Corp.

Union Pacific Corporation operates through its principal operating company, Union Pacific Railroad Company. Union Pacific Railroad Company links approximately 20 states in the western two-thirds of the country by rail, providing link in the supply chain. The Company’s business mix includes agricultural products, automotive, chemicals, coal, industrial products and intermodal.

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