Union Pacific Corporation (NYSE:UNP) was the recipient of a significant growth in short interest during the month of August. As of August 31st, there was short interest totalling 10,611,701 shares, a growth of 41.4% from the August 15th total of 7,504,258 shares. Based on an average daily volume of 2,839,473 shares, the days-to-cover ratio is currently 3.7 days. Currently, 1.3% of the company’s stock are short sold.

Union Pacific Corporation (UNP) opened at 115.34 on Friday. The company has a market cap of $92.32 billion, a price-to-earnings ratio of 20.92 and a beta of 0.81. The stock has a 50 day moving average price of $105.56 and a 200-day moving average price of $107.35. Union Pacific Corporation has a 1-year low of $87.06 and a 1-year high of $115.57.

Union Pacific Corporation (NYSE:UNP) last announced its quarterly earnings results on Thursday, July 20th. The railroad operator reported $1.45 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $1.39 by $0.06. Union Pacific Corporation had a return on equity of 22.70% and a net margin of 21.79%. The firm had revenue of $5.25 billion during the quarter, compared to analyst estimates of $5.19 billion. During the same quarter in the previous year, the business earned $1.17 EPS. Union Pacific Corporation’s revenue for the quarter was up 10.1% compared to the same quarter last year. On average, equities research analysts forecast that Union Pacific Corporation will post $5.79 EPS for the current year.

The firm also recently declared 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 annualized dividend and a dividend yield of 2.10%. Union Pacific Corporation’s dividend payout ratio is presently 43.84%.

A number of analysts recently commented on UNP shares. Credit Suisse Group upped their price objective on Union Pacific Corporation from $129.00 to $131.00 and gave the company a “buy” rating in a research report on Friday, May 26th. Zacks Investment Research upgraded Union Pacific Corporation from a “hold” rating to a “buy” rating and set a $122.00 price objective for the company in a research report on Tuesday, May 30th. BMO Capital Markets reiterated a “buy” rating and set a $123.00 price objective on shares of Union Pacific Corporation in a research report on Friday, June 2nd. Royal Bank Of Canada reiterated a “hold” rating and set a $116.00 price objective on shares of Union Pacific Corporation in a research report on Friday, June 2nd. Finally, Citigroup Inc. restated a “buy” rating and issued a $120.00 price target on shares of Union Pacific Corporation in a research report on Monday, July 10th. Two research analysts have rated the stock with a sell rating, eleven have assigned a hold rating and eight have assigned a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and a consensus target price of $113.38.

In related news, EVP Cameron A. Scott sold 17,604 shares of the company’s stock in a transaction on Friday, July 7th. The stock was 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 owns 95,470 shares in the company, valued at $10,272,572. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 0.20% of the stock is owned by insiders.

Several institutional investors have recently made changes to their positions in the stock. Gainplan LLC increased its stake in shares of Union Pacific Corporation by 0.6% in the 2nd quarter. Gainplan LLC now owns 2,230 shares of the railroad operator’s stock valued at $243,000 after purchasing an additional 13 shares in the last quarter. Advisors Management Group Inc. ADV increased its stake in shares of Union Pacific Corporation by 0.5% in the 2nd quarter. Advisors Management Group Inc. ADV now owns 3,330 shares of the railroad operator’s stock valued at $363,000 after purchasing an additional 17 shares in the last quarter. Highland Private Wealth Management increased its stake in shares of Union Pacific Corporation by 0.9% in the 2nd quarter. Highland Private Wealth Management now owns 1,996 shares of the railroad operator’s stock valued at $217,000 after purchasing an additional 18 shares in the last quarter. Summit Asset Management LLC increased its stake in shares of Union Pacific Corporation by 0.3% in the 1st quarter. Summit Asset Management LLC now owns 7,206 shares of the railroad operator’s stock valued at $763,000 after purchasing an additional 19 shares in the last quarter. Finally, Genovese Burford & Brothers Wealth & Retirement Plan Management LLC increased its stake in shares of Union Pacific Corporation by 0.3% in the 2nd quarter. Genovese Burford & Brothers Wealth & Retirement Plan Management LLC now owns 6,579 shares of the railroad operator’s stock valued at $716,000 after purchasing an additional 20 shares in the last quarter. Hedge funds and other institutional investors own 78.38% of the company’s stock.

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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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