Union Pacific Corporation (UNP) Stake Held by Evanson Asset Management LLC
Evanson Asset Management LLC continued to hold its stake in shares of Union Pacific Corporation (NYSE:UNP) during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 4,702 shares of the railroad operator’s stock at the end of the second quarter. Evanson Asset Management LLC’s holdings in Union Pacific Corporation were worth $512,000 at the end of the most recent quarter.
Other hedge funds have also recently made changes to their positions in the company. Advantage Investment Management LLC lifted its holdings 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 last quarter. Mark Sheptoff Financial Planning LLC lifted its holdings in Union Pacific Corporation by 96.3% during the 1st quarter. Mark Sheptoff Financial Planning LLC now owns 1,021 shares of the railroad operator’s stock valued at $108,000 after purchasing an additional 501 shares during the last quarter. Proficio Capital Partners LLC lifted its holdings in Union Pacific Corporation by 36.3% during the 1st quarter. Proficio Capital Partners LLC now owns 1,028 shares of the railroad operator’s stock valued at $111,000 after purchasing an additional 274 shares during the last quarter. SRS Capital Advisors Inc. lifted its holdings in Union Pacific Corporation by 147.2% during the 1st quarter. SRS Capital Advisors Inc. now owns 1,152 shares of the railroad operator’s stock valued at $122,000 after purchasing an additional 686 shares during the last quarter. Finally, Ullmann Financial Group Inc. bought a new position in Union Pacific Corporation during the 1st quarter valued at about $122,000. 78.38% of the stock is owned by hedge funds and other institutional investors.
In other Union Pacific Corporation news, EVP Cameron A. Scott sold 17,604 shares of the firm’s stock in a transaction that occurred 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 in the company, valued at approximately $10,272,572. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 0.20% of the stock is currently owned by company insiders.
Several brokerages recently issued reports on UNP. Robert W. Baird reissued a “hold” rating and set a $116.00 price target on shares of Union Pacific Corporation in a report on Sunday. BMO Capital Markets reissued a “buy” rating and set a $123.00 price target on shares of Union Pacific Corporation in a report on Friday, September 15th. Royal Bank Of Canada reissued a “hold” rating and set a $115.00 price target on shares of Union Pacific Corporation in a report on Friday, August 25th. Stifel Nicolaus lifted their price target on shares of Union Pacific Corporation from $118.00 to $120.00 and gave the company a “hold” rating in a report on Friday, August 18th. Finally, BidaskClub raised shares of Union Pacific Corporation from a “strong sell” rating to a “sell” rating in a report on Friday, August 18th. 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 stock. The company presently has a consensus rating of “Hold” and a consensus price target of $113.38.
Union Pacific Corporation (NYSE:UNP) traded up 1.13% during midday trading on Wednesday, hitting $114.28. 1,468,593 shares of the company were exchanged. Union Pacific Corporation has a one year low of $87.06 and a one year high of $115.15. The stock has a market capitalization of $91.47 billion, a PE ratio of 20.73 and a beta of 0.81. The firm’s 50-day moving average price is $105.56 and its 200-day moving average price is $107.35.
Union Pacific Corporation (NYSE:UNP) last issued 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 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 firm’s quarterly revenue was up 10.1% on a year-over-year basis. During the same quarter last year, the business earned $1.17 EPS. Equities research analysts anticipate that Union Pacific Corporation will post $5.79 earnings per share for the current year.
The company also recently declared a quarterly dividend, which will be paid on Friday, September 29th. Shareholders 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 yield of 2.14%. Union Pacific Corporation’s payout ratio is 43.84%.
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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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