Level Four Advisory Services LLC Sells 9,824 Shares of Union Pacific Corporation (UNP)
Level Four Advisory Services LLC reduced its stake in Union Pacific Corporation (NYSE:UNP) by 66.1% during the first quarter, Holdings Channel reports. The fund owned 5,035 shares of the railroad operator’s stock after selling 9,824 shares during the period. Level Four Advisory Services LLC’s holdings in Union Pacific Corporation were worth $537,000 at the end of the most recent reporting period.
Other hedge funds also recently bought and sold shares of the company. Kentucky Retirement Systems Insurance Trust Fund bought a new stake in Union Pacific Corporation during the fourth quarter valued at $2,766,000. Searle & CO. bought a new stake in Union Pacific Corporation during the fourth quarter valued at $965,000. Philadelphia Trust Co. increased its stake in Union Pacific Corporation by 3.0% in the fourth quarter. Philadelphia Trust Co. now owns 3,434 shares of the railroad operator’s stock valued at $356,000 after buying an additional 100 shares during the last quarter. Macquarie Group Ltd. increased its stake in Union Pacific Corporation by 7.7% in the fourth quarter. Macquarie Group Ltd. now owns 427,345 shares of the railroad operator’s stock valued at $44,307,000 after buying an additional 30,490 shares during the last quarter. Finally, Beacon Financial Group increased its stake in Union Pacific Corporation by 15.3% in the first quarter. Beacon Financial Group now owns 15,565 shares of the railroad operator’s stock valued at $1,664,000 after buying an additional 2,064 shares during the last quarter. Institutional investors own 79.88% of the company’s stock.
Union Pacific Corporation (NYSE UNP) traded up 1.33% during trading on Friday, hitting $104.06. The stock had a trading volume of 1,117,670 shares. The stock has a market cap of $83.29 billion, a price-to-earnings ratio of 18.87 and a beta of 0.81. Union Pacific Corporation has a 12 month low of $87.06 and a 12 month high of $115.15. The firm has a 50 day moving average of $106.14 and a 200-day moving average of $107.77.
Union Pacific Corporation (NYSE:UNP) last announced its quarterly earnings data on Thursday, July 20th. The railroad operator reported $1.45 earnings per share for the quarter, beating analysts’ consensus estimates of $1.39 by $0.06. The firm had revenue of $5.25 billion for the quarter, compared to analyst estimates of $5.19 billion. Union Pacific Corporation had a net margin of 21.79% and a return on equity of 22.70%. The business’s quarterly revenue was up 10.1% compared to the same quarter last year. During the same period in the previous year, the company earned $1.17 earnings per share. Equities analysts predict that Union Pacific Corporation will post $5.79 earnings per share for the current year.
The business also recently disclosed a quarterly dividend, which will be paid on Friday, September 29th. Stockholders of record on Thursday, August 31st will be issued a dividend of $0.605 per share. This represents a $2.42 dividend on an annualized basis and a dividend yield of 2.36%. The ex-dividend date is Tuesday, August 29th. Union Pacific Corporation’s dividend payout ratio (DPR) is presently 43.84%.
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UNP has been the topic of several recent research reports. Cowen and Company upped their price target on Union Pacific Corporation from $109.00 to $117.00 and gave the stock a “market perform” rating in a research note on Friday, April 28th. Credit Suisse Group upped their price target on Union Pacific Corporation from $129.00 to $131.00 and gave the stock a “buy” rating in a research note on Friday, May 26th. Zacks Investment Research upgraded Union Pacific Corporation from a “hold” rating to a “buy” rating and set a $122.00 price target on the stock in a research note on Tuesday, May 30th. BMO Capital Markets restated a “buy” rating and issued a $123.00 price target on shares of Union Pacific Corporation in a research note on Friday, June 2nd. Finally, Royal Bank Of Canada restated a “hold” rating and issued a $116.00 price target on shares of Union Pacific Corporation in a research note on Friday, June 2nd. Two research analysts have rated the stock with a sell rating, eleven have assigned a hold rating and nine have issued a buy rating to the company. The stock has an average rating of “Hold” and an average price target of $112.20.
In other news, EVP Cameron A. Scott sold 17,604 shares of the business’s stock in a transaction on Friday, July 7th. The shares were sold at an average price of $107.60, for a total transaction of $1,894,190.40. Following the sale, the executive vice president now directly owns 95,470 shares of the company’s stock, valued at $10,272,572. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. 0.20% of the stock is owned by 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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