Fort Point Capital Partners LLC purchased a new stake in Union Pacific Corporation (NYSE:UNP) during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 2,080 shares of the railroad operator’s stock, valued at approximately $203,000.

Other institutional investors also recently bought and sold shares of the company. West Oak Capital LLC raised its stake in shares of Union Pacific Corporation 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 in the last quarter. Lenox Wealth Advisors Inc. raised its stake in shares of Union Pacific Corporation 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 in the last quarter. Cornerstone Advisors Inc. raised its stake in shares of Union Pacific Corporation by 379.6% in the third quarter. Cornerstone Advisors Inc. now owns 1,247 shares of the railroad operator’s stock worth $122,000 after buying an additional 987 shares in the last quarter. Signaturefd LLC raised its stake in shares of Union Pacific Corporation by 14.6% in the second quarter. Signaturefd LLC now owns 1,692 shares of the railroad operator’s stock worth $148,000 after buying an additional 216 shares in the last quarter. Finally, Enterprise Financial Services Corp raised its stake in shares of Union Pacific Corporation by 1.6% in the third quarter. Enterprise Financial Services Corp now owns 1,607 shares of the railroad operator’s stock worth $157,000 after buying an additional 25 shares in the last quarter. Institutional investors and hedge funds own 79.43% of the company’s stock.

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

Shares of Union Pacific Corporation (NYSE:UNP) opened at 109.39 on Friday. Union Pacific Corporation has a 52-week low of $77.07 and a 52-week high of $111.38. The company’s 50-day moving average price is $106.48 and its 200-day moving average price is $98.96. The stock has a market cap of $89.02 billion, a PE ratio of 21.58 and a beta of 0.71.

Union Pacific Corporation (NYSE:UNP) last announced its earnings results on Thursday, January 19th. The railroad operator reported $1.39 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.33 by $0.06. The company had revenue of $5.20 billion for the quarter, compared to analyst estimates of $5.09 billion. Union Pacific Corporation had a return on equity of 20.88% and a net margin of 21.23%. The firm’s quarterly revenue was down .8% compared to the same quarter last year. During the same quarter in the previous year, the company earned $1.31 earnings per share. On average, equities research analysts forecast that Union Pacific Corporation will post $5.64 earnings per share for the current fiscal year.

The business also recently disclosed a quarterly dividend, which will be paid on Friday, March 31st. Stockholders of record on Tuesday, February 28th 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 2.21%. The ex-dividend date of this dividend is Friday, February 24th. Union Pacific Corporation’s dividend payout ratio is currently 47.64%.

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A number of brokerages have recently weighed in on UNP. RBC Capital Markets lowered Union Pacific Corporation 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. Vetr lowered Union Pacific Corporation from a “hold” rating to a “sell” rating and set a $99.75 price objective on the stock. in a research report on Thursday, December 1st. Aegis lifted their price objective on Union Pacific Corporation from $115.00 to $120.00 and gave the stock a “buy” rating in a research report on Friday, January 20th. Zacks Investment Research lowered Union Pacific Corporation from a “buy” rating to a “hold” rating in a research report on Friday, February 3rd. Finally, Deutsche Bank AG reiterated a “top pick” rating and issued a $110.00 price objective on shares of Union Pacific Corporation in a research report on Monday, November 14th. Two research analysts have rated the stock with a sell rating, eleven have issued a hold rating, thirteen have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. The stock has a consensus rating of “Hold” and a consensus target price of $103.49.

In other news, Director Michael W. Mcconnell sold 7,400 shares of the company’s stock in a transaction on Friday, December 9th. The stock was sold at an average price of $105.15, for a total transaction of $778,110.00. Following the sale, the director now owns 26,410 shares of the company’s stock, valued at $2,777,011.50. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP Eric L. Butler sold 23,198 shares of the company’s stock in a transaction on Friday, December 9th. The stock was sold at an average price of $104.94, for a total value of $2,434,398.12. Following the sale, the executive vice president now directly owns 232,538 shares in the company, valued at approximately $24,402,537.72. The disclosure for this sale can be found here. Insiders have sold 41,998 shares of company stock worth $4,394,402 in the last ninety days. Corporate insiders own 0.14% of the company’s stock.

Union Pacific Corporation 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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