Trust Co Purchases 5,875 Shares of Union Pacific Corporation (UNP)
Trust Co boosted its position in Union Pacific Corporation (NYSE:UNP) by 191.2% during the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 8,948 shares of the railroad operator’s stock after acquiring an additional 5,875 shares during the period. Trust Co’s holdings in Union Pacific Corporation were worth $948,000 as of its most recent SEC filing.
Other large investors have also recently made changes to their positions in the company. Advantage Investment Management LLC boosted its holdings 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 worth $101,000 after acquiring an additional 691 shares in the last quarter. Mark Sheptoff Financial Planning LLC boosted its holdings 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 worth $108,000 after acquiring an additional 501 shares in the last quarter. Proficio Capital Partners LLC boosted its holdings in Union Pacific Corporation by 36.3% in the first quarter. Proficio Capital Partners LLC now owns 1,028 shares of the railroad operator’s stock worth $111,000 after acquiring an additional 274 shares in the last quarter. SRS Capital Advisors Inc. boosted its holdings 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 worth $122,000 after acquiring an additional 686 shares in the last quarter. Finally, Ullmann Financial Group Inc. bought a new position in Union Pacific Corporation in the first quarter worth approximately $122,000. Institutional investors and hedge funds own 78.56% of the company’s stock.
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In other Union Pacific Corporation news, EVP Cameron A. Scott sold 17,604 shares of the business’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 sale, the executive vice president now directly owns 95,470 shares in the company, valued at approximately $10,272,572. The sale was disclosed in a document filed with the SEC, which is available through this link. 0.20% of the stock is currently owned by insiders.
Union Pacific Corporation (NYSE:UNP) traded up 2.29% during mid-day trading on Friday, reaching $113.40. The company’s stock had a trading volume of 8,269,901 shares. The company has a 50-day moving average price of $105.02 and a 200-day moving average price of $107.33. 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 $90.76 billion, a PE ratio of 20.57 and a beta of 0.81.
Union Pacific Corporation (NYSE:UNP) last announced its earnings results on Thursday, July 20th. The railroad operator reported $1.45 earnings per share for the quarter, beating analysts’ consensus estimates of $1.39 by $0.06. The business had revenue of $5.25 billion during the quarter, compared to analyst estimates 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 quarterly revenue was up 10.1% compared to the same quarter last year. During the same period in the previous year, the business earned $1.17 EPS. On average, equities research analysts expect that Union Pacific Corporation will post $5.79 earnings per share for the current 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 paid a dividend of $0.605 per share. The ex-dividend date is Tuesday, August 29th. This represents a $2.42 dividend on an annualized basis and a yield of 2.13%. Union Pacific Corporation’s dividend payout ratio is presently 43.84%.
UNP has been the subject of several analyst reports. BidaskClub downgraded Union Pacific Corporation from a “hold” rating to a “sell” rating in a research note on Thursday, July 27th. Royal Bank Of Canada reissued a “hold” rating and issued a $116.00 price objective on shares of Union Pacific Corporation in a research note on Friday, June 2nd. Zacks Investment Research raised Union Pacific Corporation from a “hold” rating to a “buy” rating and set a $122.00 price objective for the company in a research note on Thursday, July 13th. Morgan Stanley reissued an “overweight” rating and issued a $102.00 price objective (up from $100.00) on shares of Union Pacific Corporation in a research note on Monday, July 10th. Finally, BMO Capital Markets reissued a “buy” rating and issued a $123.00 price objective on shares of Union Pacific Corporation in a research note on Friday, June 2nd. Two analysts have rated the stock with a sell rating, eleven have given a hold rating and eight have assigned a buy rating to the company’s stock. The company has an average rating of “Hold” and an average price target of $113.38.
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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