Signaturefd LLC boosted its stake in shares of Union Pacific Corporation (NYSE:UNP) by 129.7% during the first quarter, Holdings Channel reports. The fund owned 7,377 shares of the railroad operator’s stock after buying an additional 4,166 shares during the period. Signaturefd LLC’s holdings in Union Pacific Corporation were worth $781,000 as of its most recent filing with the SEC.

Several other institutional investors have also recently added to or reduced their stakes in the stock. Prospera Financial Services Inc increased its stake in shares of Union Pacific Corporation by 0.3% in the first quarter. Prospera Financial Services Inc now owns 2,163 shares of the railroad operator’s stock valued at $230,000 after buying an additional 7 shares in the last quarter. Summit Asset Management LLC increased its stake in shares of Union Pacific Corporation by 0.3% in the first quarter. Summit Asset Management LLC now owns 7,206 shares of the railroad operator’s stock valued at $763,000 after buying an additional 19 shares in the last quarter. Family Firm Inc. increased its stake in shares of Union Pacific Corporation by 0.5% in the first quarter. Family Firm Inc. now owns 4,178 shares of the railroad operator’s stock valued at $443,000 after buying an additional 21 shares in the last quarter. Court Place Advisors LLC increased its stake in shares of Union Pacific Corporation by 0.4% in the first quarter. Court Place Advisors LLC now owns 7,506 shares of the railroad operator’s stock valued at $795,000 after buying an additional 29 shares in the last quarter. Finally, Tortoise Investment Management LLC increased its stake in shares of Union Pacific Corporation by 1.2% in the first quarter. Tortoise Investment Management LLC now owns 2,540 shares of the railroad operator’s stock valued at $269,000 after buying an additional 30 shares in the last quarter. 79.88% of the stock is currently owned by hedge funds and other institutional investors.

Shares of Union Pacific Corporation (UNP) traded up 1.32% on Friday, reaching $104.05. 1,118,867 shares of the company were exchanged. The stock has a 50 day moving average of $106.14 and a 200-day moving average of $107.77. Union Pacific Corporation has a 52-week low of $87.06 and a 52-week high of $115.15. The company has a market capitalization of $83.28 billion, a P/E ratio of 18.87 and a beta of 0.81.

Union Pacific Corporation (NYSE:UNP) last issued its earnings results on Thursday, July 20th. The railroad operator reported $1.45 earnings per share for the quarter, topping the consensus estimate of $1.39 by $0.06. Union Pacific Corporation had a net margin of 21.79% and a return on equity of 22.70%. The company had revenue of $5.25 billion for the quarter, compared to analyst estimates of $5.19 billion. During the same period in the prior year, the business posted $1.17 earnings per share. The firm’s revenue for the quarter was up 10.1% compared to the same quarter last year. On average, analysts predict that Union Pacific Corporation will post $5.79 EPS for the current fiscal year.

The business also recently announced a quarterly dividend, which will be paid on Friday, September 29th. Shareholders of record on Thursday, August 31st will be given a dividend of $0.605 per share. The ex-dividend date is Tuesday, August 29th. This represents a $2.42 annualized dividend and a yield of 2.36%. Union Pacific Corporation’s payout ratio is currently 43.84%.

COPYRIGHT VIOLATION NOTICE: This report was published by Daily Political and is the sole property of of Daily Political. If you are accessing this report on another domain, it was stolen and reposted in violation of U.S. and international copyright and trademark laws. The correct version of this report can be accessed at https://www.dailypolitical.com/2017/08/11/signaturefd-llc-boosts-position-in-union-pacific-corporation-nyseunp.html.

Several brokerages have weighed in on UNP. BMO Capital Markets reaffirmed a “buy” rating and set a $123.00 price target on shares of Union Pacific Corporation in a research report on Friday. Wolfe Research downgraded Union Pacific Corporation from an “outperform” rating to a “market perform” rating in a research report on Monday. BidaskClub downgraded Union Pacific Corporation from a “sell” rating to a “strong sell” rating in a research report on Thursday, August 3rd. Stifel Nicolaus reaffirmed a “hold” rating and set a $118.00 price target (up from $112.00) on shares of Union Pacific Corporation in a research report on Monday, July 24th. Finally, Zacks Investment Research downgraded Union Pacific Corporation from a “buy” rating to a “hold” rating in a research report on Monday, July 24th. Two equities research analysts have rated the stock with a sell rating, eleven have assigned a hold rating and nine have assigned a buy rating to the company’s stock. Union Pacific Corporation has a consensus rating of “Hold” and a consensus target price of $112.20.

In other Union Pacific Corporation news, EVP Cameron A. Scott sold 17,604 shares of the company’s stock in a transaction dated 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 transaction, the executive vice president now directly owns 95,470 shares in the company, valued at $10,272,572. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Corporate insiders own 0.20% of the company’s stock.

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.

Want to see what other hedge funds are holding UNP? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Union Pacific Corporation (NYSE:UNP).

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

Receive News & Ratings for Union Pacific Corporation Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Union Pacific Corporation and related companies with MarketBeat.com's FREE daily email newsletter.