Oakbrook Investments LLC Raises Stake in Union Pacific Corporation (UNP)

Oakbrook Investments LLC increased its position in Union Pacific Corporation (NYSE:UNP) by 2.1% during the second quarter, according to its most recent disclosure with the SEC. The firm owned 56,635 shares of the railroad operator’s stock after buying an additional 1,175 shares during the period. Oakbrook Investments LLC’s holdings in Union Pacific Corporation were worth $6,168,000 at the end of the most recent reporting period.

A number of other large investors also recently bought and sold shares of UNP. Advantage Investment Management LLC boosted its stake in Union Pacific Corporation by 263.7% in the first quarter. Advantage Investment Management LLC now owns 953 shares of the railroad operator’s stock worth $101,000 after buying an additional 691 shares during the last quarter. Mark Sheptoff Financial Planning LLC boosted its stake in Union Pacific Corporation by 96.3% in the first quarter. Mark Sheptoff Financial Planning LLC now owns 1,021 shares of the railroad operator’s stock worth $108,000 after buying an additional 501 shares during the last quarter. Proficio Capital Partners LLC boosted its stake in Union Pacific Corporation by 36.3% in the first quarter. Proficio Capital Partners LLC now owns 1,028 shares of the railroad operator’s stock worth $111,000 after buying an additional 274 shares during the last quarter. Cable Hill Partners LLC boosted its stake in Union Pacific Corporation by 6.1% in the first quarter. Cable Hill Partners LLC now owns 1,130 shares of the railroad operator’s stock worth $119,000 after buying an additional 65 shares during the last quarter. Finally, SRS Capital Advisors Inc. boosted its stake in Union Pacific Corporation by 147.2% in the first quarter. SRS Capital Advisors Inc. now owns 1,152 shares of the railroad operator’s stock worth $122,000 after buying an additional 686 shares during the last quarter. Institutional investors and hedge funds own 79.88% of the company’s stock.

Shares of Union Pacific Corporation (NYSE UNP) traded up 1.3478% during mid-day trading on Tuesday, reaching $103.9524. 1,274,033 shares of the company’s stock traded hands. The stock has a market cap of $83.20 billion, a price-to-earnings ratio of 18.8524 and a beta of 0.81. Union Pacific Corporation has a 12-month low of $87.06 and a 12-month high of $115.15. The firm’s 50 day moving average price is $107.62 and its 200-day moving average price is $107.96.

Union Pacific Corporation (NYSE:UNP) last announced its quarterly earnings data on Thursday, July 20th. The railroad operator reported $1.45 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $1.39 by $0.06. Union Pacific Corporation had a net margin of 21.79% and a return on equity of 22.70%. The company had revenue of $5.25 billion for the quarter, compared to the consensus estimate of $5.19 billion. During the same period in the prior year, the firm posted $1.17 EPS. Union Pacific Corporation’s revenue for the quarter was up 10.1% on a year-over-year basis. Equities research analysts forecast that Union Pacific Corporation will post $5.79 earnings per share for the current year.

The business also recently announced a quarterly dividend, which will be paid on Friday, September 29th. Shareholders of record on Thursday, August 31st will be paid a dividend of $0.605 per share. This represents a $2.42 annualized dividend and a yield of 2.36%. The ex-dividend date of this dividend is Tuesday, August 29th. Union Pacific Corporation’s dividend payout ratio is currently 43.84%.

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A number of equities research analysts have commented on the stock. BidaskClub cut shares of Union Pacific Corporation from a “sell” rating to a “strong sell” rating in a report on Thursday, August 3rd. BMO Capital Markets reaffirmed a “buy” rating and issued a $123.00 price objective on shares of Union Pacific Corporation in a research note on Friday, June 2nd. Zacks Investment Research lowered shares of Union Pacific Corporation from a “buy” rating to a “hold” rating in a research note on Monday, July 24th. Citigroup Inc. reaffirmed a “buy” rating and issued a $120.00 price objective on shares of Union Pacific Corporation in a research note on Monday, July 10th. Finally, Cowen and Company raised 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. Two equities research analysts have rated the stock with a sell rating, eleven have issued a hold rating and nine have assigned a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and an average target price of $112.20.

In other Union Pacific Corporation news, EVP Cameron A. Scott sold 17,604 shares of the company’s stock in a transaction dated Friday, July 7th. The shares were sold at an average price of $107.60, for a total transaction of $1,894,190.40. Following the transaction, the executive vice president now owns 95,470 shares in the company, valued at approximately $10,272,572. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. 0.20% of the stock is currently owned by corporate insiders.

Union Pacific Corporation Company Profile

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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