Mitchell Mcleod Pugh & Williams Inc. lowered its position in Union Pacific Corporation (NYSE:UNP) by 7.4% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 16,230 shares of the railroad operator’s stock after selling 1,300 shares during the period. Union Pacific Corporation makes up about 1.3% of Mitchell Mcleod Pugh & Williams Inc.’s portfolio, making the stock its 13th largest position. Mitchell Mcleod Pugh & Williams Inc.’s holdings in Union Pacific Corporation were worth $1,768,000 at the end of the most recent reporting period.

Other institutional investors have also recently modified their holdings of the company. State Street Corp raised its position in shares of Union Pacific Corporation by 0.4% in the first quarter. State Street Corp now owns 34,686,206 shares of the railroad operator’s stock worth $3,673,956,000 after buying an additional 127,803 shares during the last quarter. First Eagle Investment Management LLC raised its position in shares of Union Pacific Corporation by 2.8% in the first quarter. First Eagle Investment Management LLC now owns 5,956,119 shares of the railroad operator’s stock worth $630,872,000 after buying an additional 163,532 shares during the last quarter. Legal & General Group Plc raised its position in shares of Union Pacific Corporation by 3.6% in the first quarter. Legal & General Group Plc now owns 4,365,934 shares of the railroad operator’s stock worth $462,450,000 after buying an additional 150,498 shares during the last quarter. Ameriprise Financial Inc. raised its position in shares of Union Pacific Corporation by 21.6% in the first quarter. Ameriprise Financial Inc. now owns 2,996,965 shares of the railroad operator’s stock worth $317,475,000 after buying an additional 531,917 shares during the last quarter. Finally, Swiss National Bank raised its position in shares of Union Pacific Corporation by 25.9% in the first quarter. Swiss National Bank now owns 2,920,172 shares of the railroad operator’s stock worth $309,305,000 after buying an additional 600,300 shares during the last quarter. 79.88% of the stock is currently owned by institutional investors.

Shares of Union Pacific Corporation (NYSE:UNP) traded down 0.44% during mid-day trading on Thursday, reaching $103.31. The company had a trading volume of 1,564,027 shares. Union Pacific Corporation has a one year low of $87.06 and a one year high of $115.15. The stock has a market capitalization of $82.69 billion, a P/E ratio of 18.74 and a beta of 0.81. The firm has a 50 day moving average of $106.28 and a 200-day moving average of $107.80.

Union Pacific Corporation (NYSE:UNP) last released its quarterly earnings results on Thursday, July 20th. The railroad operator reported $1.45 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $1.39 by $0.06. Union Pacific Corporation had a return on equity of 22.70% and a net margin of 21.79%. The business had revenue of $5.25 billion during the quarter, compared to analyst estimates of $5.19 billion. During the same quarter in the previous year, the company posted $1.17 earnings per share. Union Pacific Corporation’s revenue for the quarter was up 10.1% on a year-over-year basis. Analysts forecast that Union Pacific Corporation will post $5.79 EPS for the current fiscal year.

The business also recently declared a quarterly dividend, which will be paid on Friday, September 29th. Shareholders of record on Thursday, August 31st will be issued a dividend of $0.605 per share. This represents a $2.42 annualized dividend and a yield of 2.33%. The ex-dividend date of this dividend is Tuesday, August 29th. Union Pacific Corporation’s dividend payout ratio is presently 43.84%.

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UNP has been the topic of a number of research reports. Stifel Nicolaus reaffirmed a “hold” rating and set a $118.00 target price (up from $112.00) on shares of Union Pacific Corporation in a research report on Monday, July 24th. Zacks Investment Research raised Union Pacific Corporation from a “hold” rating to a “buy” rating and set a $122.00 price target for the company in a research report on Tuesday, May 30th. BidaskClub lowered Union Pacific Corporation from a “hold” rating to a “sell” rating in a research report on Thursday, July 27th. Credit Suisse Group increased their price target on Union Pacific Corporation from $129.00 to $131.00 and gave the company a “buy” rating in a research report on Friday, May 26th. Finally, Royal Bank Of Canada reissued a “hold” rating and issued a $116.00 price target on shares of Union Pacific Corporation in a research report on Friday, June 2nd. Two research analysts have rated the stock with a sell rating, eleven have issued a hold rating and nine have issued a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and an average price target of $112.20.

In other Union Pacific Corporation news, EVP Cameron A. Scott sold 17,604 shares of the business’s stock in a transaction dated Friday, July 7th. The stock was sold at an average price of $107.60, for a total transaction of $1,894,190.40. Following the completion of the sale, the executive vice president now owns 95,470 shares of the company’s stock, valued at $10,272,572. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 0.20% of the company’s stock.

Union Pacific Corporation Company Profile

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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