Gillespie Robinson & Grimm Inc. decreased its position in Union Pacific Corp. (NYSE:UNP) by 62.5% during the third quarter, Holdings Channel reports. The fund owned 52,690 shares of the railroad operator’s stock after selling 87,852 shares during the period. Gillespie Robinson & Grimm Inc.’s holdings in Union Pacific Corp. were worth $5,129,000 at the end of the most recent quarter.

Several other institutional investors have also recently modified their holdings of UNP. West Oak Capital LLC increased its position in shares of Union Pacific Corp. by 6.2% in the third quarter. West Oak Capital LLC now owns 1,094 shares of the railroad operator’s stock worth $107,000 after buying an additional 64 shares during the last quarter. Harel Insurance Investments & Financial Services Ltd. purchased a new position in shares of Union Pacific Corp. during the second quarter worth approximately $108,000. Lenox Wealth Advisors Inc. increased its position in shares of Union Pacific Corp. by 4.9% in the third quarter. Lenox Wealth Advisors Inc. now owns 1,167 shares of the railroad operator’s stock worth $114,000 after buying an additional 55 shares during the last quarter. Tradewinds Capital Management LLC increased its position in shares of Union Pacific Corp. by 22.4% in the second quarter. Tradewinds Capital Management LLC now owns 1,364 shares of the railroad operator’s stock worth $119,000 after buying an additional 250 shares during the last quarter. Finally, Community Bank N.A. increased its position 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. Hedge funds and other institutional investors own 77.59% of the company’s stock.

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

Shares of Union Pacific Corp. (NYSE:UNP) traded up 0.76% during trading on Wednesday, hitting $101.33. 6,190,196 shares of the company’s stock were exchanged. Union Pacific Corp. has a 1-year low of $67.06 and a 1-year high of $102.73. The firm has a market capitalization of $83.51 billion, a PE ratio of 20.31 and a beta of 0.66. The stock’s 50 day moving average is $94.68 and its 200 day moving average is $91.95.

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

The business also recently declared a quarterly dividend, which will be paid on Thursday, December 29th. Shareholders of record on Wednesday, November 30th will be given a dividend of $0.605 per share. This represents a $2.42 dividend on an annualized basis and a dividend yield of 2.39%. This is an increase from Union Pacific Corp.’s previous quarterly dividend of $0.55. The ex-dividend date of this dividend is Monday, November 28th. Union Pacific Corp.’s payout ratio is 48.40%.

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Several research firms have issued reports on UNP. Vetr downgraded shares of Union Pacific Corp. from a “hold” rating to a “sell” rating and set a $91.00 price objective for the company. in a research note on Monday, August 8th. RBC Capital Markets downgraded shares of Union Pacific Corp. from an “outperform” rating to a “sector perform” rating and decreased their price objective for the company from $107.00 to $98.00 in a research note on Friday, October 21st. Aegis began coverage on shares of Union Pacific Corp. in a research note on Monday, October 24th. They issued a “buy” rating and a $105.00 price objective for the company. Deutsche Bank AG restated a “top pick” rating and issued a $110.00 price objective on shares of Union Pacific Corp. in a research note on Monday, November 14th. Finally, Zacks Investment Research downgraded shares of Union Pacific Corp. from a “buy” rating to a “hold” rating in a research note on Friday, October 21st. Three equities research analysts have rated the stock with a sell rating, thirteen have given a hold rating, twelve have given a buy rating and one has assigned a strong buy rating to the stock. The stock has a consensus rating of “Hold” and a consensus price target of $96.38.

In related news, EVP Diane K. Duren sold 2,840 shares of the business’s stock in a transaction that occurred on Friday, November 18th. The shares were sold at an average price of $98.98, for a total value of $281,103.20. Following the sale, the executive vice president now directly owns 128,701 shares in the company, valued at approximately $12,738,824.98. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Steven R. Rogel sold 7,400 shares of the business’s stock in a transaction that occurred on Tuesday, November 22nd. The stock was sold at an average price of $100.51, for a total transaction of $743,774.00. Following the completion of the sale, the director now owns 11,400 shares in the company, valued at $1,145,814. The disclosure for this sale can be found here. Company 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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