Baker Boyer National Bank trimmed its position in shares of Union Pacific Corporation (NYSE:UNP) by 3.2% during the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 3,018 shares of the railroad operator’s stock after selling 100 shares during the period. Union Pacific Corporation makes up approximately 1.3% of Baker Boyer National Bank’s holdings, making the stock its 26th largest holding. Baker Boyer National Bank’s holdings in Union Pacific Corporation were worth $329,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of the stock. Summit Asset Management LLC increased its stake in Union Pacific Corporation by 0.3% during the first quarter. Summit Asset Management LLC now owns 7,206 shares of the railroad operator’s stock valued at $763,000 after acquiring an additional 19 shares during the period. Family Firm Inc. increased its stake in Union Pacific Corporation by 0.5% during the first quarter. Family Firm Inc. now owns 4,178 shares of the railroad operator’s stock valued at $443,000 after acquiring an additional 21 shares during the period. Court Place Advisors LLC increased its stake in Union Pacific Corporation by 0.4% during the first quarter. Court Place Advisors LLC now owns 7,506 shares of the railroad operator’s stock valued at $795,000 after acquiring an additional 29 shares during the period. Tortoise Investment Management LLC increased its stake in Union Pacific Corporation by 1.2% during the first quarter. Tortoise Investment Management LLC now owns 2,540 shares of the railroad operator’s stock valued at $269,000 after acquiring an additional 30 shares during the period. Finally, Highland Private Wealth Management increased its stake in Union Pacific Corporation by 1.6% during the first quarter. Highland Private Wealth Management now owns 1,978 shares of the railroad operator’s stock valued at $210,000 after acquiring an additional 32 shares during the period. Hedge funds and other institutional investors own 78.38% of the company’s stock.

Several equities analysts recently issued reports on the company. Stifel Nicolaus boosted their price target on Union Pacific Corporation from $118.00 to $120.00 and gave the company a “hold” rating in a research note on Friday, August 18th. Royal Bank Of Canada reaffirmed a “hold” rating and set a $115.00 price objective on shares of Union Pacific Corporation in a report on Friday, August 25th. BMO Capital Markets reaffirmed a “buy” rating and set a $123.00 price objective on shares of Union Pacific Corporation in a report on Friday. BidaskClub downgraded Union Pacific Corporation from a “sell” rating to a “strong sell” rating in a report on Thursday, August 3rd. Finally, Zacks Investment Research downgraded Union Pacific Corporation from a “buy” rating to a “hold” rating in a report on Monday, July 24th. Two equities research analysts have rated the stock with a sell rating, eleven have issued a hold rating and eight have given a buy rating to the company’s stock. Union Pacific Corporation has a consensus rating of “Hold” and an average target price of $113.38.

In related news, EVP Cameron A. Scott sold 17,604 shares of Union Pacific Corporation stock in a transaction that occurred 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 transaction, 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 legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Company insiders own 0.20% of the company’s stock.

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Shares of Union Pacific Corporation (UNP) traded up 0.72% on Tuesday, hitting $112.84. The stock had a trading volume of 1,453,503 shares. 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 $90.32 billion, a P/E ratio of 20.46 and a beta of 0.81. The company has a 50 day moving average of $105.27 and a 200-day moving average of $107.32.

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, beating analysts’ consensus estimates of $1.39 by $0.06. The business had revenue of $5.25 billion for 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 firm’s quarterly revenue was up 10.1% compared to the same quarter last year. During the same period last year, the firm posted $1.17 earnings per share. Equities analysts predict 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. Investors of record on Thursday, August 31st will be paid a $0.605 dividend. The ex-dividend date of this dividend is Tuesday, August 29th. This represents a $2.42 dividend on an annualized basis and a yield of 2.16%. Union Pacific Corporation’s dividend payout ratio (DPR) is 43.84%.

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.

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

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