Probity Advisors Inc. grew its position in Union Pacific Corporation (NYSE:UNP) by 3.6% during the 2nd quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 5,096 shares of the railroad operator’s stock after purchasing an additional 179 shares during the period. Probity Advisors Inc.’s holdings in Union Pacific Corporation were worth $555,000 as of its most recent filing with the SEC.

Several other large investors have also recently modified their holdings of the company. State Street Corp boosted its stake in shares of Union Pacific Corporation by 0.4% in the 1st quarter. State Street Corp now owns 34,686,206 shares of the railroad operator’s stock valued at $3,673,956,000 after purchasing an additional 127,803 shares in the last quarter. First Eagle Investment Management LLC boosted its stake in shares of Union Pacific Corporation by 2.8% in the 1st quarter. First Eagle Investment Management LLC now owns 5,956,119 shares of the railroad operator’s stock valued at $630,872,000 after purchasing an additional 163,532 shares in the last quarter. Legal & General Group Plc boosted its stake in shares of Union Pacific Corporation by 3.6% in the 1st quarter. Legal & General Group Plc now owns 4,365,934 shares of the railroad operator’s stock valued at $462,450,000 after purchasing an additional 150,498 shares in the last quarter. Ameriprise Financial Inc. boosted its stake in shares of Union Pacific Corporation by 21.6% in the 1st quarter. Ameriprise Financial Inc. now owns 2,996,965 shares of the railroad operator’s stock valued at $317,475,000 after purchasing an additional 531,917 shares in the last quarter. Finally, Swiss National Bank boosted its stake in shares of Union Pacific Corporation by 25.9% in the 1st quarter. Swiss National Bank now owns 2,920,172 shares of the railroad operator’s stock valued at $309,305,000 after purchasing an additional 600,300 shares in the last quarter. Institutional investors own 78.38% of the company’s stock.

UNP has been the subject of a number of research analyst reports. Robert W. Baird reaffirmed a “hold” rating and issued a $116.00 price target on shares of Union Pacific Corporation in a report on Sunday, September 17th. BMO Capital Markets reaffirmed a “buy” rating and issued a $123.00 price target on shares of Union Pacific Corporation in a report on Friday, September 15th. Royal Bank Of Canada reaffirmed a “hold” rating and issued a $116.00 price target on shares of Union Pacific Corporation in a report 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 target for the company in a report on Tuesday, May 30th. Finally, Credit Suisse Group lifted their price target on Union Pacific Corporation from $129.00 to $131.00 and gave the company a “buy” rating in a report on Friday, May 26th. Two equities research analysts have rated the stock with a sell rating, eleven have assigned a hold rating and eight have given a buy rating to the stock. The company has an average rating of “Hold” and an average target price of $113.38.

In other news, EVP Cameron A. Scott sold 17,604 shares of the firm’s stock in a transaction dated 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 transaction, the executive vice president now directly owns 95,470 shares in the company, valued at $10,272,572. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 0.20% of the stock is owned by company insiders.

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Shares of Union Pacific Corporation (UNP) opened at 115.34 on Friday. Union Pacific Corporation has a 52 week low of $87.06 and a 52 week high of $115.57. The company has a market capitalization of $92.32 billion, a PE 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 (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, topping the Zacks’ 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 company had revenue of $5.25 billion during the quarter, compared to the consensus estimate of $5.19 billion. During the same period last year, the company earned $1.17 earnings per share. The firm’s revenue was up 10.1% compared to the same quarter last year. Equities research analysts expect that Union Pacific Corporation will post $5.79 EPS for the current year.

The business also recently disclosed a quarterly dividend, which will be paid on Friday, September 29th. Stockholders of record on Thursday, August 31st will be given a dividend of $0.605 per share. The ex-dividend date of this dividend is Tuesday, August 29th. This represents a $2.42 dividend on an annualized basis and a dividend yield of 2.10%. Union Pacific Corporation’s dividend payout ratio (DPR) is 43.84%.

About Union Pacific Corporation

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

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