Banco de Sabadell S.A acquired a new position in shares of Union Pacific Co. (NYSE:UNP) in the second quarter, according to its most recent 13F filing with the SEC. The institutional investor acquired 9,507 shares of the railroad operator’s stock, valued at approximately $1,342,000.

Several other hedge funds and other institutional investors also recently modified their holdings of the stock. Fluent Financial LLC lifted its stake in shares of Union Pacific by 11.4% during the 2nd quarter. Fluent Financial LLC now owns 3,506 shares of the railroad operator’s stock worth $497,000 after purchasing an additional 358 shares during the last quarter. Summit Trail Advisors LLC lifted its stake in shares of Union Pacific by 11.5% during the 1st quarter. Summit Trail Advisors LLC now owns 3,504 shares of the railroad operator’s stock worth $478,000 after purchasing an additional 360 shares during the last quarter. Winthrop Partners WNY LLC lifted its stake in shares of Union Pacific by 7.7% during the 1st quarter. Winthrop Partners WNY LLC now owns 5,080 shares of the railroad operator’s stock worth $661,000 after purchasing an additional 364 shares during the last quarter. Whittier Trust Co. increased its position in Union Pacific by 0.7% during the 2nd quarter. Whittier Trust Co. now owns 49,496 shares of the railroad operator’s stock valued at $7,013,000 after buying an additional 368 shares in the last quarter. Finally, Greenwood Gearhart Inc. increased its position in Union Pacific by 0.6% during the 2nd quarter. Greenwood Gearhart Inc. now owns 60,182 shares of the railroad operator’s stock valued at $8,527,000 after buying an additional 368 shares in the last quarter. Hedge funds and other institutional investors own 80.45% of the company’s stock.

Shares of UNP stock opened at $156.99 on Thursday. The company has a current ratio of 1.03, a quick ratio of 0.85 and a debt-to-equity ratio of 1.07. The stock has a market capitalization of $114.70 billion, a PE ratio of 27.11, a PEG ratio of 1.87 and a beta of 0.82. Union Pacific Co. has a fifty-two week low of $107.89 and a fifty-two week high of $157.69.

Union Pacific (NYSE:UNP) last announced its quarterly earnings data on Thursday, July 19th. The railroad operator reported $1.98 earnings per share for the quarter, beating analysts’ consensus estimates of $1.94 by $0.04. The business had revenue of $5.67 billion for the quarter, compared to analyst estimates of $5.65 billion. Union Pacific had a return on equity of 23.63% and a net margin of 51.31%. The company’s revenue was up 8.0% on a year-over-year basis. During the same period in the prior year, the company earned $1.45 earnings per share. research analysts anticipate that Union Pacific Co. will post 7.76 EPS for the current year.

The company also recently disclosed a quarterly dividend, which will be paid on Friday, September 28th. Stockholders of record on Friday, August 31st will be issued a $0.80 dividend. The ex-dividend date is Thursday, August 30th. This is a positive change from Union Pacific’s previous quarterly dividend of $0.73. This represents a $3.20 dividend on an annualized basis and a dividend yield of 2.04%. Union Pacific’s dividend payout ratio is currently 55.27%.

UNP has been the topic of several recent analyst reports. Zacks Investment Research raised Union Pacific from a “hold” rating to a “buy” rating and set a $155.00 target price on the stock in a research report on Wednesday, July 18th. TD Securities upped their target price on Union Pacific from $150.00 to $160.00 and gave the company a “buy” rating in a research report on Friday, June 1st. Deutsche Bank upped their target price on Union Pacific to $178.00 and gave the company a “buy” rating in a research report on Friday, June 1st. UBS Group upped their target price on Union Pacific from $160.00 to $161.00 and gave the company a “buy” rating in a research report on Friday, July 20th. Finally, ValuEngine raised Union Pacific from a “hold” rating to a “buy” rating in a research report on Thursday, August 2nd. Two equities research analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and ten have issued a buy rating to the stock. Union Pacific currently has an average rating of “Hold” and a consensus target price of $147.35.

In other news, EVP Lynden L. Tennison sold 8,450 shares of the stock in a transaction dated Tuesday, August 28th. The stock was sold at an average price of $151.72, for a total value of $1,282,034.00. Following the transaction, the executive vice president now directly owns 53,978 shares of the company’s stock, valued at $8,189,542.16. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.20% of the stock is currently owned by corporate insiders.

Union Pacific Company Profile

Union Pacific Corporation, through its subsidiary, Union Pacific Railroad Company, operates railroads in the United States. It offers transportation services for agricultural products, including grains, commodities produced from grains, and food and beverage products; automotive, such as finished vehicles and automotive parts; and chemicals comprising industrial chemicals, plastics, fertilizers, petroleum and liquid petroleum gases, crude oil, and soda ash.

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

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