Today: Today, Union Pacific Corp. (UNP) Position Decreased by Markston International LLC

Today, Union Pacific Corp. (UNP) Position Decreased by Markston International LLC

Markston International LLC decreased its stake in Union Pacific Corp. (NYSE:UNP) by 0.9% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 221,942 shares of the railroad operator’s stock after selling 1,914 shares during the period. Union Pacific Corp. accounts for 1.8% of Markston International LLC’s holdings, making the stock its 14th largest position. Markston International LLC’s holdings in Union Pacific Corp. were worth $19,365,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. Traynor Capital Management Inc. raised its stake in shares of Union Pacific Corp. by 7.0% in the second quarter. Traynor Capital Management Inc. now owns 2,691 shares of the railroad operator’s stock valued at $234,000 after buying an additional 176 shares during the period. Calamos Wealth Management LLC raised its stake in shares of Union Pacific Corp. by 8.9% in the second quarter. Calamos Wealth Management LLC now owns 27,090 shares of the railroad operator’s stock valued at $2,364,000 after buying an additional 2,208 shares during the period. Armstrong Henry H Associates Inc. raised its stake in shares of Union Pacific Corp. by 53.5% in the second quarter. Armstrong Henry H Associates Inc. now owns 18,880 shares of the railroad operator’s stock valued at $1,647,000 after buying an additional 6,580 shares during the period. UMB Bank N A MO raised its stake in shares of Union Pacific Corp. by 26.3% in the second quarter. UMB Bank N A MO now owns 125,237 shares of the railroad operator’s stock valued at $10,927,000 after buying an additional 26,061 shares during the period. Finally, Green Square Capital LLC raised its stake in shares of Union Pacific Corp. by 0.8% in the second quarter. Green Square Capital LLC now owns 54,781 shares of the railroad operator’s stock valued at $4,780,000 after buying an additional 449 shares during the period. 78.14% of the stock is currently owned by institutional investors and hedge funds.

Union Pacific Corp. (NYSE:UNP) traded down 0.19% during trading on Thursday, hitting $98.35. The stock had a trading volume of 3,088,733 shares. Union Pacific Corp. has a 1-year low of $67.06 and a 1-year high of $98.84. The stock has a market cap of $81.92 billion, a PE ratio of 19.15 and a beta of 0.84. The firm’s 50-day moving average price is $95.22 and its 200-day moving average price is $88.83.

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

The company also recently announced a quarterly dividend, which was paid on Friday, September 30th. Stockholders of record on Wednesday, August 31st were paid a $0.55 dividend. This represents a $2.20 dividend on an annualized basis and a dividend yield of 2.24%. The ex-dividend date of this dividend was Monday, August 29th. Union Pacific Corp.’s dividend payout ratio (DPR) is currently 42.80%.

UNP has been the topic of several research analyst reports. Zacks Investment Research raised Union Pacific Corp. from a “hold” rating to a “buy” rating and set a $109.00 price target on the stock in a research report on Tuesday. Vetr lowered Union Pacific Corp. from a “hold” rating to a “sell” rating and set a $89.88 price target on the stock. in a research report on Wednesday, September 21st. Credit Suisse Group AG reaffirmed a “buy” rating and set a $106.00 price target on shares of Union Pacific Corp. in a research report on Tuesday, September 13th. Citigroup Inc. set a $106.00 price target on Union Pacific Corp. and gave the stock a “buy” rating in a research report on Tuesday, September 13th. Finally, Barclays PLC lifted their price target on Union Pacific Corp. from $91.00 to $104.00 and gave the stock an “equal weight” rating in a research report on Monday, September 12th. Three research analysts have rated the stock with a sell rating, nine have assigned a hold rating and fourteen have issued a buy rating to the stock. Union Pacific Corp. has a consensus rating of “Hold” and a consensus target price of $96.12.

In other news, EVP Robert M. Knight, Jr. sold 10,000 shares of Union Pacific Corp. stock in a transaction that occurred on Thursday, September 1st. The shares were sold at an average price of $95.24, for a total value of $952,400.00. Following the completion of the transaction, the executive vice president now owns 150,660 shares in the company, valued at $14,348,858.40. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Robert M. Knight, Jr. sold 5,000 shares of Union Pacific Corp. stock in a transaction that occurred on Wednesday, September 7th. The shares were sold at an average price of $97.00, for a total transaction of $485,000.00. Following the completion of the transaction, the executive vice president now owns 150,660 shares of the company’s stock, valued at approximately $14,614,020. The disclosure for this sale can be found here. 0.14% of the stock is currently owned by insiders.

Union Pacific Corp. Company Profile

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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