Logan Capital Management Inc. continued to hold its stake in Union Pacific Corporation (NYSE:UNP) during the first quarter, Holdings Channel reports. The institutional investor owned 2,400 shares of the railroad operator’s stock at the end of the first quarter. Logan Capital Management Inc.’s holdings in Union Pacific Corporation were worth $254,000 at the end of the most recent quarter.

Several other hedge funds have also bought and sold shares of the company. Advantage Investment Management LLC boosted its stake in 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 boosted its stake in 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 boosted its stake in 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. boosted its stake in 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 boosted its stake in 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. 79.88% of the stock is currently owned by institutional investors.

Union Pacific Corporation (NYSE UNP) traded up 1.16% during trading on Friday, hitting $103.88. 817,262 shares of the stock traded hands. The firm has a 50-day moving average price of $106.14 and a 200 day moving average price of $107.77. The firm has a market cap of $83.14 billion, a PE ratio of 18.84 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.

Union Pacific Corporation (NYSE:UNP) last issued its earnings results on Thursday, July 20th. The railroad operator reported $1.45 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ 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 firm had revenue of $5.25 billion during the quarter, compared to analysts’ expectations of $5.19 billion. During the same quarter last year, the company posted $1.17 earnings per share. The firm’s revenue was up 10.1% compared to the same quarter last year. On average, equities analysts forecast that Union Pacific Corporation will post $5.79 EPS for the current fiscal year.

The firm 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. The ex-dividend date of this dividend is Tuesday, August 29th. This represents a $2.42 annualized dividend and a dividend yield of 2.36%. Union Pacific Corporation’s dividend payout ratio (DPR) is presently 43.84%.

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Several analysts recently issued reports on the company. BMO Capital Markets reissued a “buy” rating and issued a $123.00 target price on shares of Union Pacific Corporation in a research note on Friday. BidaskClub cut Union Pacific Corporation from a “sell” rating to a “strong sell” rating in a research note on Thursday, August 3rd. Stifel Nicolaus reissued a “hold” rating and issued a $118.00 target price (up from $112.00) on shares of Union Pacific Corporation in a research note on Monday, July 24th. Wolfe Research cut Union Pacific Corporation from an “outperform” rating to a “market perform” rating in a research note on Monday. Finally, Zacks Investment Research raised Union Pacific Corporation from a “hold” rating to a “buy” rating and set a $122.00 target price on the stock in a research note on Thursday, July 13th. Two analysts have rated the stock with a sell rating, eleven have assigned a hold rating and nine have assigned a buy rating to the stock. The stock currently has an average rating of “Hold” and a consensus price target of $112.20.

In related news, EVP Cameron A. Scott sold 17,604 shares of the firm’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 completion of the transaction, the executive vice president now owns 95,470 shares of the company’s stock, valued at $10,272,572. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Company 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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