Union Pacific Corporation (UNP) Position Trimmed by Northern Oak Wealth Management Inc.
Northern Oak Wealth Management Inc. decreased its holdings in shares of Union Pacific Corporation (NYSE:UNP) by 2.3% in the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 22,642 shares of the railroad operator’s stock after selling 525 shares during the quarter. Northern Oak Wealth Management Inc.’s holdings in Union Pacific Corporation were worth $2,398,000 at the end of the most recent quarter.
A number of other large investors have also made changes to their positions in UNP. Advantage Investment Management LLC boosted its stake in Union Pacific Corporation by 263.7% during the 1st quarter. Advantage Investment Management LLC now owns 953 shares of the railroad operator’s stock valued at $101,000 after purchasing an additional 691 shares during the period. Mark Sheptoff Financial Planning LLC raised its holdings in Union Pacific Corporation by 96.3% in the 1st quarter. Mark Sheptoff Financial Planning LLC now owns 1,021 shares of the railroad operator’s stock valued at $108,000 after acquiring an additional 501 shares in the last quarter. SRS Capital Advisors Inc. raised its holdings in Union Pacific Corporation by 147.2% in the 1st quarter. SRS Capital Advisors Inc. now owns 1,152 shares of the railroad operator’s stock valued at $122,000 after acquiring an additional 686 shares in the last quarter. Dubuque Bank & Trust Co. raised its holdings in Union Pacific Corporation by 7.6% in the 1st quarter. Dubuque Bank & Trust Co. now owns 1,464 shares of the railroad operator’s stock valued at $155,000 after acquiring an additional 104 shares in the last quarter. Finally, Arcadia Investment Management Corp MI raised its holdings in Union Pacific Corporation by 8.5% in the 1st quarter. Arcadia Investment Management Corp MI now owns 1,635 shares of the railroad operator’s stock valued at $173,000 after acquiring an additional 128 shares in the last quarter. Hedge funds and other institutional investors own 78.56% of the company’s stock.
Union Pacific Corporation (NYSE UNP) traded down 0.20% during mid-day trading on Wednesday, hitting $108.26. The company had a trading volume of 725,545 shares. The company’s 50 day moving average price is $104.25 and its 200-day moving average price is $107.24. Union Pacific Corporation has a 12-month low of $87.06 and a 12-month high of $115.15. The firm has a market capitalization of $86.65 billion, a PE ratio of 19.63 and a beta of 0.81.
Union Pacific Corporation (NYSE:UNP) last posted its earnings results on Thursday, July 20th. The railroad operator reported $1.45 earnings per share for the quarter, topping the Zacks’ 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 quarter in the prior year, the business posted $1.17 EPS. The firm’s revenue was up 10.1% compared to the same quarter last year. On average, analysts forecast that Union Pacific Corporation will post $5.79 EPS for the current fiscal year.
The company also recently disclosed a quarterly dividend, which will be paid on Friday, September 29th. Shareholders 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 annualized dividend and a yield of 2.23%. Union Pacific Corporation’s dividend payout ratio (DPR) is 43.84%.
In other Union Pacific Corporation news, EVP Cameron A. Scott sold 17,604 shares of the stock in a transaction dated 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 owns 95,470 shares in the company, valued at approximately $10,272,572. The transaction was disclosed in a document filed with the SEC, which is available at this link. Company insiders own 0.20% of the company’s stock.
UNP has been the subject of several recent research reports. Zacks Investment Research raised 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 Thursday, July 13th. BMO Capital Markets reissued a “buy” rating and issued a $123.00 target price on shares of Union Pacific Corporation in a report on Friday, June 2nd. Credit Suisse Group increased their target price on Union Pacific Corporation from $129.00 to $131.00 and gave the stock a “buy” rating in a report on Friday, May 26th. Citigroup Inc. reissued a “buy” rating and issued a $120.00 target price on shares of Union Pacific Corporation in a report on Monday, July 10th. Finally, Royal Bank Of Canada reissued a “hold” rating and issued a $116.00 target price on shares of Union Pacific Corporation in a report on Friday, June 2nd. Two analysts have rated the stock with a sell rating, ten have issued a hold rating and eight have issued a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and an average target price of $113.22.
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Union Pacific Corporation 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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