Van Strum & Towne Inc. Has $524,000 Holdings in Union Pacific Corporation (UNP)
Van Strum & Towne Inc. maintained its stake in shares of Union Pacific Corporation (NYSE:UNP) during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 4,810 shares of the railroad operator’s stock at the end of the second quarter. Van Strum & Towne Inc.’s holdings in Union Pacific Corporation were worth $524,000 at the end of the most recent reporting period.
A number of other hedge funds and other institutional investors also recently made changes to their positions in UNP. Waldron LP raised its holdings in Union Pacific Corporation by 52.7% in the 1st quarter. Waldron LP now owns 3,920 shares of the railroad operator’s stock valued at $406,000 after acquiring an additional 1,353 shares in the last quarter. Meiji Yasuda Life Insurance Co raised its holdings in Union Pacific Corporation by 19.7% in the 1st quarter. Meiji Yasuda Life Insurance Co now owns 40,089 shares of the railroad operator’s stock valued at $4,246,000 after acquiring an additional 6,590 shares in the last quarter. Beaumont Financial Partners LLC acquired a new position in Union Pacific Corporation in the 1st quarter valued at $274,000. North Star Investment Management Corp. raised its holdings in Union Pacific Corporation by 1.0% in the 1st quarter. North Star Investment Management Corp. now owns 85,687 shares of the railroad operator’s stock valued at $9,076,000 after acquiring an additional 812 shares in the last quarter. Finally, Central Bank & Trust Co. raised its holdings in Union Pacific Corporation by 9.2% in the 1st quarter. Central Bank & Trust Co. now owns 3,862 shares of the railroad operator’s stock valued at $409,000 after acquiring an additional 325 shares in the last quarter. 78.33% of the stock is owned by hedge funds and other institutional investors.
Shares of Union Pacific Corporation (NYSE UNP) opened at 110.57 on Wednesday. Union Pacific Corporation has a 12 month low of $87.06 and a 12 month high of $116.93. The company has a market cap of $88.50 billion, a price-to-earnings ratio of 20.05 and a beta of 0.84. The company’s 50-day moving average price is $111.31 and its 200-day moving average price is $108.53.
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 for the quarter, compared to the consensus estimate of $5.19 billion. During the same quarter last year, the business posted $1.17 earnings per share. The firm’s revenue was up 10.1% compared to the same quarter last year. Analysts anticipate that Union Pacific Corporation will post $5.76 EPS for the current year.
The company also recently declared a quarterly dividend, which was paid on Friday, September 29th. Shareholders of record on Thursday, August 31st were given a dividend of $0.605 per share. The ex-dividend date was Tuesday, August 29th. This represents a $2.42 dividend on an annualized basis and a yield of 2.19%. Union Pacific Corporation’s payout ratio is 43.84%.
Several equities analysts have weighed in on the company. J P Morgan Chase & Co lifted their price objective on Union Pacific Corporation from $106.00 to $113.00 and gave the company a “neutral” rating in a report on Thursday, October 12th. BMO Capital Markets reaffirmed a “buy” rating and issued a $123.00 price objective on shares of Union Pacific Corporation in a report on Friday, August 11th. Wolfe Research cut Union Pacific Corporation from an “outperform” rating to a “market perform” rating in a report on Monday, August 7th. BidaskClub raised Union Pacific Corporation from a “strong sell” rating to a “sell” rating in a report on Friday, August 18th. Finally, Stifel Nicolaus reaffirmed a “hold” rating and issued a $118.00 price objective (up from $112.00) on shares of Union Pacific Corporation in a report on Monday, July 24th. Three equities research analysts have rated the stock with a sell rating, fourteen have assigned a hold rating and five have given a buy rating to the company. The company has a consensus rating of “Hold” and an average target price of $113.36.
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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