NN Investment Partners Holdings N.V. grew its holdings in Union Pacific Corporation (NYSE:UNP) by 24.8% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 439,843 shares of the railroad operator’s stock after acquiring an additional 87,469 shares during the period. NN Investment Partners Holdings N.V. owned about 0.05% of Union Pacific Corporation worth $47,903,000 as of its most recent SEC filing.

Other hedge funds have also modified their holdings of the company. Barings LLC raised its stake in shares of Union Pacific Corporation by 357.1% in the 1st quarter. Barings LLC now owns 48,185 shares of the railroad operator’s stock valued at $5,104,000 after acquiring an additional 37,643 shares during the period. Genesee Valley Trust Co. raised its stake in shares of Union Pacific Corporation by 21.5% in the 1st quarter. Genesee Valley Trust Co. now owns 9,725 shares of the railroad operator’s stock valued at $1,030,000 after acquiring an additional 1,724 shares during the period. United Bank Inc. raised its stake in shares of Union Pacific Corporation by 8.4% in the 1st quarter. United Bank Inc. now owns 44,499 shares of the railroad operator’s stock valued at $4,713,000 after acquiring an additional 3,444 shares during the period. Heritage Wealth Advisors raised its stake in shares of Union Pacific Corporation by 10.2% in the 1st quarter. Heritage Wealth Advisors now owns 10,467 shares of the railroad operator’s stock valued at $1,109,000 after acquiring an additional 969 shares during the period. Finally, YHB Investment Advisors Inc. raised its stake in shares of Union Pacific Corporation by 3.7% in the 1st quarter. YHB Investment Advisors Inc. now owns 38,005 shares of the railroad operator’s stock valued at $4,255,000 after acquiring an additional 1,347 shares during the period. 78.38% of the stock is currently owned by institutional investors and hedge funds.

A number of equities analysts have recently commented on UNP shares. Citigroup Inc. reissued a “buy” rating and issued a $120.00 target price on shares of Union Pacific Corporation in a research note on Monday, July 10th. Zacks Investment Research downgraded shares of Union Pacific Corporation from a “buy” rating to a “hold” rating in a research note on Monday, July 24th. Morgan Stanley reaffirmed an “overweight” rating and set a $102.00 price target (up previously from $100.00) on shares of Union Pacific Corporation in a research note on Monday, July 10th. BMO Capital Markets reaffirmed a “buy” rating and set a $123.00 price target on shares of Union Pacific Corporation in a research note on Friday, June 2nd. Finally, Stifel Nicolaus lifted their price target on shares of Union Pacific Corporation from $118.00 to $120.00 and gave the stock a “hold” rating in a research note on Friday, August 18th. 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 company’s stock. The stock has an average rating of “Hold” and a consensus target price of $113.38.

Union Pacific Corporation (NYSE:UNP) last posted its earnings results on Thursday, July 20th. The railroad operator reported $1.45 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $1.39 by $0.06. Union Pacific Corporation had a net margin of 21.79% and a return on equity of 22.70%. The business had revenue of $5.25 billion for the quarter, compared to analyst estimates of $5.19 billion. During the same quarter in the prior year, the firm earned $1.17 EPS. The firm’s quarterly revenue was up 10.1% compared to the same quarter last year.

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

In other news, EVP Cameron A. Scott sold 17,604 shares of the company’s stock in a transaction dated 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 sale, the executive vice president now owns 95,470 shares of the company’s stock, valued at approximately $10,272,572. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. 0.20% of the stock is currently owned by corporate insiders.

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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.

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

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