Trinity Street Asset Management LLP boosted its position in shares of Union Pacific Corp. (NYSE:UNP) by 1.3% during the third quarter, Holdings Channel reports. The firm owned 411,865 shares of the railroad operator’s stock after buying an additional 5,143 shares during the period. Union Pacific Corp. comprises 7.0% of Trinity Street Asset Management LLP’s investment portfolio, making the stock its 8th largest position. Trinity Street Asset Management LLP’s holdings in Union Pacific Corp. were worth $40,169,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in the stock. West Oak Capital LLC boosted 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 valued at $107,000 after buying an additional 64 shares during the last quarter. Harel Insurance Investments & Financial Services Ltd. bought a new position in shares of Union Pacific Corp. during the second quarter valued at about $108,000. Lenox Wealth Advisors Inc. boosted 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 valued at $114,000 after buying an additional 55 shares during the last quarter. Tradewinds Capital Management LLC boosted 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 valued at $119,000 after buying an additional 250 shares during the last quarter. Finally, Community Bank N.A. boosted 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 valued at $124,000 after buying an additional 420 shares during the last quarter. 77.59% of the stock is owned by hedge funds and other institutional investors.

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

Union Pacific Corp. (NYSE:UNP) traded up 1.725% on Wednesday, reaching $102.305. The company’s stock had a trading volume of 1,051,898 shares. The firm has a 50-day moving average of $94.68 and a 200-day moving average of $91.95. The company has a market capitalization of $84.31 billion, a PE ratio of 20.502 and a beta of 0.66. Union Pacific Corp. has a one year low of $67.06 and a one year high of $102.73.

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 the Thomson Reuters’ consensus estimate of $1.39 by $0.03. The company earned $5.17 billion during the quarter, compared to analysts’ expectations of $5.14 billion. Union Pacific Corp. had a return on equity of 20.55% and a net margin of 21.05%. The company’s revenue was down 7.0% on a year-over-year basis. During the same quarter in the prior year, the business posted $1.50 EPS. Analysts predict that Union Pacific Corp. will post $5.00 EPS for the current year.

The business also recently declared a quarterly dividend, which will be paid on Thursday, December 29th. Investors of record on Wednesday, November 30th will be given a $0.605 dividend. The ex-dividend date of this dividend is Monday, November 28th. This represents a $2.42 annualized dividend and a yield of 2.41%. This is a positive change from Union Pacific Corp.’s previous quarterly dividend of $0.55. Union Pacific Corp.’s dividend payout ratio (DPR) is currently 48.40%.

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Several research firms have weighed in on UNP. Morgan Stanley set a $98.00 price objective on Union Pacific Corp. and gave the stock a “buy” rating in a research report on Friday, October 21st. Vetr raised Union Pacific Corp. from a “sell” rating to a “hold” rating and set a $91.25 price objective on the stock in a research report on Monday, September 12th. Zacks Investment Research cut Union Pacific Corp. from a “buy” rating to a “hold” rating in a research report on Friday, October 21st. Royal Bank Of Canada cut Union Pacific Corp. from an “outperform” rating to a “sector perform” rating and cut their price objective for the stock from $107.00 to $98.00 in a research report on Friday, October 21st. Finally, Seaport Global Securities began coverage on Union Pacific Corp. in a research report on Monday, October 24th. They issued a “buy” rating and a $100.00 price objective on the stock. Three research analysts have rated the stock with a sell rating, thirteen have issued a hold rating, twelve have given a buy rating and one has issued a strong buy rating to the company’s stock. The stock has a consensus rating of “Hold” and a consensus target price of $96.38.

In other Union Pacific Corp. news, EVP Robert M. Knight, Jr. sold 10,000 shares of the business’s stock in a transaction that occurred on Thursday, September 1st. The stock was sold at an average price of $95.24, for a total transaction 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 sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Steven R. Rogel sold 7,400 shares of the business’s stock in a transaction that occurred on Tuesday, November 22nd. The shares were sold at an average price of $100.51, for a total value of $743,774.00. Following the transaction, the director now owns 11,400 shares of the company’s stock, valued at approximately $1,145,814. The disclosure for this sale can be found here. 0.14% of the stock is owned by corporate 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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