BB&T Corp raised its position in shares of Union Pacific Corp. (NYSE:UNP) by 0.6% during the third quarter, Holdings Channel reports. The firm owned 166,533 shares of the railroad operator’s stock after buying an additional 943 shares during the period. BB&T Corp’s holdings in Union Pacific Corp. were worth $16,242,000 as of its most recent SEC filing.

Other large investors have also made changes to their positions in the company. Euclid Advisors LLC purchased a new stake in shares of Union Pacific Corp. during the first quarter valued at $3,256,000. First PREMIER Bank boosted its stake in shares of Union Pacific Corp. by 2.0% in the second quarter. First PREMIER Bank now owns 29,424 shares of the railroad operator’s stock valued at $2,568,000 after buying an additional 588 shares during the last quarter. Stock Yards Bank & Trust Co. boosted its stake in shares of Union Pacific Corp. by 0.3% in the second quarter. Stock Yards Bank & Trust Co. now owns 8,335 shares of the railroad operator’s stock valued at $727,000 after buying an additional 26 shares during the last quarter. Cullinan Associates Inc. boosted its stake in shares of Union Pacific Corp. by 8.8% in the second quarter. Cullinan Associates Inc. now owns 58,620 shares of the railroad operator’s stock valued at $5,115,000 after buying an additional 4,730 shares during the last quarter. Finally, Baxter Bros Inc. purchased a new stake in shares of Union Pacific Corp. during the second quarter valued at $9,420,000. 77.59% of the stock is owned by institutional investors.

Institutional Ownership by Quarter for Union Pacific Corp. (NYSE:UNP)

Union Pacific Corp. (NYSE:UNP) traded down 0.29% during midday trading on Tuesday, reaching $100.40. 1,050,942 shares of the company’s stock were exchanged. Union Pacific Corp. has a 52 week low of $67.06 and a 52 week high of $102.16. The firm’s 50 day moving average is $94.68 and its 200 day moving average is $91.95. The firm has a market capitalization of $82.74 billion, a price-to-earnings ratio of 20.12 and a beta of 0.66.

Union Pacific Corp. (NYSE:UNP) last posted its quarterly earnings data on Thursday, October 20th. The railroad operator reported $1.36 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $1.39 by $0.03. Union Pacific Corp. had a net margin of 21.05% and a return on equity of 20.55%. The company had revenue of $5.17 billion for the quarter, compared to analyst estimates of $5.14 billion. During the same quarter last year, the company earned $1.50 EPS. The business’s revenue was down 7.0% compared to the same quarter last year. On average, equities analysts anticipate that Union Pacific Corp. will post $5.00 earnings per share for the current year.

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, December 29th. Stockholders of record on Wednesday, November 30th will be issued a dividend of $0.605 per share. The ex-dividend date of this dividend is Monday, November 28th. This represents a $2.42 annualized dividend and a dividend yield of 2.40%. This is an increase from Union Pacific Corp.’s previous quarterly dividend of $0.55. Union Pacific Corp.’s dividend payout ratio is 44.00%.

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UNP has been the subject of several analyst reports. Vetr cut shares of Union Pacific Corp. from a “hold” rating to a “sell” rating and set a $91.00 price target for the company. in a research report on Monday, August 8th. Atlantic Securities initiated coverage on shares of Union Pacific Corp. in a research report on Thursday, August 11th. They set an “overweight” rating and a $114.00 price target for the company. Loop Capital reissued a “hold” rating and set a $93.00 price target on shares of Union Pacific Corp. in a research report on Saturday, August 13th. Morgan Stanley set a $100.00 price target on shares of Union Pacific Corp. and gave the company a “buy” rating in a research report on Thursday, August 18th. Finally, JPMorgan Chase & Co. reissued a “hold” rating and set a $94.00 price target on shares of Union Pacific Corp. in a research report on Sunday, August 21st. Three analysts have rated the stock with a sell rating, thirteen have assigned a hold rating, twelve have given a buy rating and one has issued a strong buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and an average price target of $96.38.

In other news, EVP Cameron A. Scott sold 6,484 shares of the company’s stock in a transaction dated Friday, October 7th. The shares were sold at an average price of $98.44, for a total transaction of $638,284.96. Following the transaction, the executive vice president now owns 71,320 shares in the company, valued at $7,020,740.80. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, EVP Robert M. Knight, Jr. sold 5,000 shares of the company’s stock in a transaction dated Wednesday, September 7th. The shares were sold at an average price of $97.00, for a total transaction of $485,000.00. Following the transaction, the executive vice president now owns 150,660 shares in the company, valued at approximately $14,614,020. The disclosure for this sale can be found here. Insiders own 0.14% of the company’s stock.

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.

5 Day Chart for NYSE:UNP

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