Goelzer Investment Management Inc. maintained its stake in shares of Union Pacific Corporation (NYSE:UNP) during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 3,582 shares of the railroad operator’s stock at the end of the second quarter. Goelzer Investment Management Inc.’s holdings in Union Pacific Corporation were worth $390,000 as of its most recent filing with the SEC.
Other hedge funds also recently modified their holdings of the company. Barings LLC boosted its holdings in Union Pacific Corporation by 357.1% in the 1st quarter. Barings LLC now owns 48,185 shares of the railroad operator’s stock valued at $5,104,000 after purchasing an additional 37,643 shares in the last quarter. Greystone Managed Investments Inc. boosted its holdings in Union Pacific Corporation by 8.9% in the 2nd quarter. Greystone Managed Investments Inc. now owns 84,114 shares of the railroad operator’s stock valued at $9,161,000 after purchasing an additional 6,890 shares in the last quarter. Wallington Asset Management LLC boosted its holdings in Union Pacific Corporation by 0.3% in the 2nd quarter. Wallington Asset Management LLC now owns 88,899 shares of the railroad operator’s stock valued at $9,682,000 after purchasing an additional 280 shares in the last quarter. Boston Advisors LLC boosted its holdings in Union Pacific Corporation by 19.6% in the 2nd quarter. Boston Advisors LLC now owns 446,672 shares of the railroad operator’s stock valued at $48,647,000 after purchasing an additional 73,268 shares in the last quarter. Finally, Genesee Valley Trust Co. boosted its holdings in Union Pacific Corporation by 21.5% in the 1st quarter. Genesee Valley Trust Co. now owns 9,725 shares of the railroad operator’s stock valued at $1,030,000 after purchasing an additional 1,724 shares in the last quarter. Hedge funds and other institutional investors own 78.37% of the company’s stock.
A number of equities research analysts have weighed in on the company. 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, August 11th. Wolfe Research lowered Union Pacific Corporation from an “outperform” rating to a “market perform” rating in a report on Monday, August 7th. Morgan Stanley lowered Union Pacific Corporation from an “overweight” rating to an “equal weight” rating and lowered their price objective for the company from $102.00 to $100.00 in a report on Monday, October 2nd. BidaskClub raised Union Pacific Corporation from a “strong sell” rating to a “sell” rating in a report on Friday, August 18th. Finally, Citigroup Inc. lowered Union Pacific Corporation from a “buy” rating to a “neutral” rating and set a $120.00 price objective on the stock. in a report on Wednesday, October 4th. Two analysts have rated the stock with a sell rating, fourteen have issued a hold rating and five have issued a buy rating to the company’s stock. The stock has an average rating of “Hold” and a consensus target price of $113.38.
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Shares of Union Pacific Corporation (NYSE UNP) opened at 112.63 on Wednesday. The stock’s 50 day moving average price is $110.47 and its 200 day moving average price is $108.36. The stock has a market cap of $90.15 billion, a price-to-earnings ratio of 20.43 and a beta of 0.84. Union Pacific Corporation has a 52 week low of $87.06 and a 52 week high of $116.93.
Union Pacific Corporation (NYSE:UNP) last posted its quarterly earnings data 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 net margin of 21.79% and a return on equity of 22.70%. The business had revenue of $5.25 billion for the quarter, compared to analyst estimates of $5.19 billion. During the same quarter last year, the business earned $1.17 earnings per share. The business’s revenue for the quarter was up 10.1% on a year-over-year basis. Equities research analysts anticipate that Union Pacific Corporation will post $5.77 EPS for the current fiscal year.
The business also recently disclosed a quarterly dividend, which was paid on Friday, September 29th. Investors 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 2.15%. Union Pacific Corporation’s dividend payout ratio is presently 43.84%.
Union Pacific Corporation 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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