UBS Asset Management Americas Inc. decreased its position in Union Pacific Corporation (NYSE:UNP) by 8.2% during the first quarter, according to its most recent Form 13F filing with the SEC. The firm owned 2,975,865 shares of the railroad operator’s stock after selling 267,141 shares during the period. UBS Asset Management Americas Inc.’s holdings in Union Pacific Corporation were worth $315,204,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also modified their holdings of the company. Israel Discount Bank of New York GFN acquired a new position in shares of Union Pacific Corporation during the fourth quarter worth $227,000. Putnam Investments LLC boosted its position in shares of Union Pacific Corporation by 2.6% in the fourth quarter. Putnam Investments LLC now owns 4,481,419 shares of the railroad operator’s stock worth $464,633,000 after buying an additional 112,418 shares during the period. Drexel Morgan & Co. boosted its position in shares of Union Pacific Corporation by 2.3% in the fourth quarter. Drexel Morgan & Co. now owns 17,848 shares of the railroad operator’s stock worth $1,850,000 after buying an additional 400 shares during the period. Brookfield Asset Management Inc. acquired a new position in shares of Union Pacific Corporation during the fourth quarter worth $17,895,000. Finally, Ancora Advisors LLC acquired a new position in shares of Union Pacific Corporation during the fourth quarter worth $4,330,000. 79.20% of the stock is owned by institutional investors and hedge funds.

Union Pacific Corporation (NYSE UNP) opened at 109.05 on Tuesday. The firm has a market cap of $88.05 billion, a price-to-earnings ratio of 20.84 and a beta of 0.83. The firm has a 50-day moving average of $109.35 and a 200-day moving average of $107.49. Union Pacific Corporation has a one year low of $87.06 and a one year high of $115.15.

Union Pacific Corporation (NYSE:UNP) last posted its quarterly earnings data on Thursday, April 27th. The railroad operator reported $1.32 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $1.23 by $0.09. The business had revenue of $5.13 billion during the quarter, compared to the consensus estimate of $5.03 billion. Union Pacific Corporation had a net margin of 21.37% and a return on equity of 21.53%. Union Pacific Corporation’s quarterly revenue was up 6.3% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.16 EPS. Analysts anticipate that Union Pacific Corporation will post $5.76 EPS for the current year.

The business also recently declared a quarterly dividend, which was paid on Friday, June 30th. Shareholders of record on Wednesday, May 31st were issued a $0.605 dividend. This represents a $2.42 dividend on an annualized basis and a yield of 2.22%. The ex-dividend date was Friday, May 26th. Union Pacific Corporation’s dividend payout ratio (DPR) is presently 46.18%.

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UNP has been the subject of several recent analyst reports. Royal Bank Of Canada reaffirmed a “hold” rating and issued a $115.00 target price on shares of Union Pacific Corporation in a research note on Friday, March 24th. Credit Suisse Group reaffirmed a “buy” rating and issued a $123.00 target price on shares of Union Pacific Corporation in a research note on Friday, March 24th. BMO Capital Markets reaffirmed a “buy” rating and issued a $115.00 target price on shares of Union Pacific Corporation in a research note on Friday, April 7th. Loop Capital reaffirmed a “hold” rating on shares of Union Pacific Corporation in a research note on Saturday, March 25th. Finally, Morgan Stanley reaffirmed an “overweight” rating and issued a $102.00 target price (up from $100.00) on shares of Union Pacific Corporation in a research note on Monday, July 10th. One research analyst has rated the stock with a sell rating, nine have issued a hold rating, eleven have given a buy rating and one has issued a strong buy rating to the stock. The stock has a consensus rating of “Buy” and a consensus price target of $110.04.

In other Union Pacific Corporation news, EVP Cameron A. Scott sold 17,604 shares of the stock in a transaction on Friday, July 7th. The shares were sold at an average price of $107.60, for a total value of $1,894,190.40. Following the completion of the sale, the executive vice president now directly owns 95,470 shares of the company’s stock, valued at approximately $10,272,572. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website. 0.20% of the stock is owned by corporate insiders.

About Union Pacific Corporation

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

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