Bouchey Financial Group Ltd cut its position in shares of Union Pacific Corporation (NYSE:UNP) by 1.8% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 6,970 shares of the railroad operator’s stock after selling 130 shares during the period. Bouchey Financial Group Ltd’s holdings in Union Pacific Corporation were worth $759,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in UNP. Waldron LP increased its position in shares of Union Pacific Corporation by 52.7% during the first quarter. Waldron LP now owns 3,920 shares of the railroad operator’s stock valued at $406,000 after purchasing an additional 1,353 shares during the period. BTIM Corp. increased its position in shares of Union Pacific Corporation by 1.4% during the first quarter. BTIM Corp. now owns 554,694 shares of the railroad operator’s stock valued at $58,753,000 after purchasing an additional 7,900 shares during the period. First Manhattan Co. increased its position in shares of Union Pacific Corporation by 2.6% during the first quarter. First Manhattan Co. now owns 32,653 shares of the railroad operator’s stock valued at $3,184,000 after purchasing an additional 835 shares during the period. Sigma Planning Corp increased its position in shares of Union Pacific Corporation by 5.6% during the first quarter. Sigma Planning Corp now owns 19,489 shares of the railroad operator’s stock valued at $2,064,000 after purchasing an additional 1,028 shares during the period. Finally, Foster & Motley Inc. increased its position in shares of Union Pacific Corporation by 63.5% during the first quarter. Foster & Motley Inc. now owns 24,428 shares of the railroad operator’s stock valued at $2,587,000 after purchasing an additional 9,484 shares during the period. Institutional investors and hedge funds own 78.38% of the company’s stock.

UNP has been the topic of a number of research reports. Stifel Nicolaus restated a “hold” rating and set a $118.00 price objective (up from $112.00) on shares of Union Pacific Corporation in a research report on Monday, July 24th. Zacks Investment Research upgraded Union Pacific Corporation from a “hold” rating to a “buy” rating and set a $122.00 price objective on the stock in a research report on Tuesday, May 30th. BidaskClub cut Union Pacific Corporation from a “hold” rating to a “sell” rating in a research report on Thursday, July 27th. Deutsche Bank AG cut Union Pacific Corporation from a “buy” rating to a “hold” rating and lowered their price objective for the company from $132.00 to $110.00 in a research report on Friday, July 21st. Finally, Royal Bank Of Canada restated a “hold” rating and set a $116.00 price objective on shares of Union Pacific Corporation in a research report on Friday, June 2nd. Two analysts have rated the stock with a sell rating, eleven have issued a hold rating and eight have issued 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 down 0.09% during trading on Friday, reaching $115.34. The company’s stock had a trading volume of 2,297,582 shares. Union Pacific Corporation has a 1-year low of $87.06 and a 1-year high of $115.57. The company’s 50 day moving average price is $105.56 and its 200-day moving average price is $107.35. The stock has a market cap of $92.32 billion, a P/E ratio of 20.92 and a beta of 0.81.

Union Pacific Corporation (NYSE:UNP) last issued its quarterly earnings results on Thursday, July 20th. The railroad operator reported $1.45 earnings per share (EPS) 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 company had revenue of $5.25 billion for the quarter, compared to analyst estimates of $5.19 billion. During the same quarter last year, the company posted $1.17 EPS. The company’s revenue for the quarter was up 10.1% compared to the same quarter last year. Equities analysts forecast that Union Pacific Corporation will post $5.79 earnings per share for the current fiscal year.

The firm also recently declared a quarterly dividend, which will be paid on Friday, September 29th. Stockholders of record on Thursday, August 31st will be paid a $0.605 dividend. The ex-dividend date is Tuesday, August 29th. This represents a $2.42 annualized dividend and a dividend yield of 2.10%. Union Pacific Corporation’s payout ratio is 43.84%.

In other news, EVP Cameron A. Scott sold 17,604 shares of Union Pacific Corporation stock in a transaction on Friday, July 7th. The stock was 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 owns 95,470 shares in the company, valued at approximately $10,272,572. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Company insiders own 0.20% of the company’s stock.

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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.

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

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