B.S. Pension Fund Trustee Ltd acting for the British Steel Pension Fund raised its stake in shares of Union Pacific Corporation (NYSE:UNP) by 614.3% during the first quarter, according to its most recent filing with the SEC. The firm owned 231,358 shares of the railroad operator’s stock after buying an additional 198,967 shares during the period. Union Pacific Corporation accounts for about 2.8% of B.S. Pension Fund Trustee Ltd acting for the British Steel Pension Fund’s portfolio, making the stock its 6th largest position. B.S. Pension Fund Trustee Ltd acting for the British Steel Pension Fund’s holdings in Union Pacific Corporation were worth $24,505,000 at the end of the most recent reporting period.

Other institutional investors have also made changes to their positions in the company. Advantage Investment Management LLC boosted its position 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 in the last quarter. Mark Sheptoff Financial Planning LLC boosted its position 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 in the last quarter. Cable Hill Partners LLC boosted its position 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 in the last quarter. SRS Capital Advisors Inc. boosted its position 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 in the last quarter. Finally, American National Bank boosted its position 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 in the last quarter. 79.88% of the stock is currently owned by institutional investors and hedge funds.

Union Pacific Corporation (NYSE UNP) traded up 0.86% on Friday, hitting $103.57. 3,340,923 shares of the stock were exchanged. The company has a 50-day moving average of $106.03 and a 200 day moving average of $107.74. Union Pacific Corporation has a 12 month low of $87.06 and a 12 month high of $115.15. The firm has a market cap of $82.90 billion, a P/E ratio of 18.78 and a beta of 0.81.

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

The company also recently disclosed a quarterly dividend, which will be paid on Friday, September 29th. Stockholders of record on Thursday, August 31st will be paid a $0.605 dividend. The ex-dividend date is Tuesday, August 29th. This represents a $2.42 dividend on an annualized basis and a dividend yield of 2.34%. Union Pacific Corporation’s dividend payout ratio (DPR) is presently 43.84%.

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Several equities analysts have commented on the stock. BMO Capital Markets reissued a “buy” rating and set a $123.00 target price on shares of Union Pacific Corporation in a research report on Friday. Wolfe Research cut shares of Union Pacific Corporation from an “outperform” rating to a “market perform” rating in a research report on Monday, August 7th. BidaskClub cut shares of Union Pacific Corporation from a “sell” rating to a “strong sell” rating in a research report on Thursday, August 3rd. Stifel Nicolaus reissued a “hold” rating and set a $118.00 target price (up previously from $112.00) on shares of Union Pacific Corporation in a research report on Monday, July 24th. Finally, Zacks Investment Research cut shares of Union Pacific Corporation from a “buy” rating to a “hold” rating in a research report on Monday, July 24th. Two investment analysts have rated the stock with a sell rating, eleven have given a hold rating and eight have given a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and a consensus target price of $112.10.

In other news, EVP Cameron A. Scott sold 17,604 shares of the stock in a transaction on Friday, July 7th. The shares were sold at an average price of $107.60, for a total value of $1,894,190.40. Following the completion of 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 SEC, which is accessible through the SEC website. 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.

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

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