Schwab Charles Investment Management Inc. increased its stake in shares of Union Pacific Corporation (NYSE:UNP) by 4.1% during the first quarter, Holdings Channel reports. The fund owned 2,703,368 shares of the railroad operator’s stock after buying an additional 107,387 shares during the period. Schwab Charles Investment Management Inc.’s holdings in Union Pacific Corporation were worth $286,341,000 at the end of the most recent reporting period.

Several other institutional investors also recently modified their holdings of the stock. Advantage Investment Management LLC increased its position in shares of Union Pacific Corporation by 263.7% in the first quarter. Advantage Investment Management LLC now owns 953 shares of the railroad operator’s stock valued at $101,000 after buying an additional 691 shares during the last quarter. Mark Sheptoff Financial Planning LLC increased its position in shares of Union Pacific Corporation by 96.3% in the first quarter. Mark Sheptoff Financial Planning LLC now owns 1,021 shares of the railroad operator’s stock valued at $108,000 after buying an additional 501 shares during the last quarter. Cable Hill Partners LLC increased its position in shares of Union Pacific Corporation by 6.1% in the first quarter. Cable Hill Partners LLC now owns 1,130 shares of the railroad operator’s stock valued at $119,000 after buying an additional 65 shares during the last quarter. SRS Capital Advisors Inc. increased its position in shares of Union Pacific Corporation by 147.2% in the first quarter. SRS Capital Advisors Inc. now owns 1,152 shares of the railroad operator’s stock valued at $122,000 after buying an additional 686 shares during the last quarter. Finally, American National Bank increased its position in shares of Union Pacific Corporation by 757.5% in the first quarter. American National Bank now owns 1,432 shares of the railroad operator’s stock valued at $152,000 after buying an additional 1,265 shares during the last quarter. Hedge funds and other institutional investors own 79.88% of the company’s stock.

Shares of Union Pacific Corporation (UNP) traded up 0.979% on Friday, reaching $103.695. The company’s stock had a trading volume of 694,306 shares. The stock has a market cap of $83.00 billion, a PE ratio of 18.806 and a beta of 0.81. The firm has a 50 day moving average price of $106.14 and a 200-day moving average price of $107.77. Union Pacific Corporation has a 12-month low of $87.06 and a 12-month high of $115.15.

Union Pacific Corporation (NYSE:UNP) last posted its earnings results on Thursday, July 20th. The railroad operator reported $1.45 EPS for the quarter, topping the consensus estimate 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 return on equity of 22.70% and a net margin of 21.79%. Union Pacific Corporation’s revenue for the quarter was up 10.1% compared to the same quarter last year. During the same period last year, the company earned $1.17 earnings per share. Equities research analysts expect that Union Pacific Corporation will post $5.79 EPS for the current year.

The business also recently announced a quarterly dividend, which will be paid on Friday, September 29th. Investors 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 2.36%. The ex-dividend date of this dividend is Tuesday, August 29th. Union Pacific Corporation’s dividend payout ratio (DPR) is 43.84%.

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Several equities analysts have recently weighed in on UNP shares. BMO Capital Markets restated a “buy” rating and set a $123.00 price target on shares of Union Pacific Corporation in a report on Friday, June 2nd. Zacks Investment Research upgraded Union Pacific Corporation from a “hold” rating to a “buy” rating and set a $122.00 price target for the company in a report on Tuesday, May 30th. Credit Suisse Group raised their price target on Union Pacific Corporation from $129.00 to $131.00 and gave the company a “buy” rating in a report on Friday, May 26th. Citigroup Inc. restated a “buy” rating and set a $120.00 price target on shares of Union Pacific Corporation in a report on Monday, July 10th. Finally, Stifel Nicolaus restated a “hold” rating and set a $118.00 price target (up from $112.00) on shares of Union Pacific Corporation in a report on Monday, July 24th. 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 stock. The stock currently has an average rating of “Hold” and an average price target of $112.20.

In related news, EVP Cameron A. Scott sold 17,604 shares of the firm’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 sale, the executive vice president now directly owns 95,470 shares of the company’s stock, valued at $10,272,572. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. 0.20% of the stock is owned by company insiders.

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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