Union Pacific Corp. (UNP) EVP Diane K. Duren Sells 2,840 Shares of Stock
Union Pacific Corp. (NYSE:UNP) EVP Diane K. Duren sold 2,840 shares of the stock in a transaction that occurred on Friday, November 18th. The stock was sold at an average price of $98.98, for a total transaction of $281,103.20. Following the sale, the executive vice president now directly owns 128,701 shares of the company’s stock, valued at approximately $12,738,824.98. The transaction was disclosed in a filing with the SEC, which is accessible through this link.
Shares of Union Pacific Corp. (NYSE:UNP) opened at 100.75 on Tuesday. The stock has a market capitalization of $83.03 billion, a P/E ratio of 20.19 and a beta of 0.66. The stock’s 50 day moving average price is $94.39 and its 200-day moving average price is $91.44. Union Pacific Corp. has a 1-year low of $67.06 and a 1-year high of $101.63.
Union Pacific Corp. (NYSE:UNP) last posted its earnings results on Thursday, October 20th. The railroad operator reported $1.36 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.39 by $0.03. Union Pacific Corp. had a net margin of 21.05% and a return on equity of 20.55%. The business earned $5.17 billion during the quarter, compared to analyst estimates of $5.14 billion. During the same period in the previous year, the firm posted $1.50 earnings per share. The firm’s revenue was down 7.0% on a year-over-year basis. Equities research analysts anticipate that Union Pacific Corp. will post $5.00 EPS for the current fiscal year.
The firm also recently announced a quarterly dividend, which will be paid on Thursday, December 29th. Shareholders of record on Wednesday, November 30th will be paid a $0.605 dividend. This represents a $2.42 dividend on an annualized basis and a yield of 2.40%. This is a boost from Union Pacific Corp.’s previous quarterly dividend of $0.55. The ex-dividend date is Monday, November 28th. Union Pacific Corp.’s payout ratio is presently 44.00%.
A number of equities analysts have weighed in on the company. Morgan Stanley set a $98.00 price target on Union Pacific Corp. and gave the stock a “buy” rating in a report on Friday, October 21st. Vetr upgraded Union Pacific Corp. from a “sell” rating to a “hold” rating and set a $91.25 price target for the company in a report on Monday, September 12th. Zacks Investment Research cut Union Pacific Corp. from a “buy” rating to a “hold” rating in a report on Friday, October 21st. Royal Bank Of Canada cut Union Pacific Corp. from an “outperform” rating to a “sector perform” rating and decreased their price target for the stock from $107.00 to $98.00 in a report on Friday, October 21st. Finally, Loop Capital restated a “hold” rating and issued a $96.00 price target on shares of Union Pacific Corp. in a report on Sunday, October 23rd. Three investment analysts have rated the stock with a sell rating, thirteen have assigned a hold rating, twelve have given a buy rating and one has given a strong buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and an average price target of $96.38.
A number of hedge funds and other institutional investors have recently bought and sold shares of the stock. Cable Hill Partners LLC boosted its position in Union Pacific Corp. by 255.0% in the third quarter. Cable Hill Partners LLC now owns 1,065 shares of the railroad operator’s stock worth $105,000 after buying an additional 765 shares during the last quarter. West Oak Capital LLC boosted its position in Union Pacific Corp. by 6.2% in the third quarter. West Oak Capital LLC now owns 1,094 shares of the railroad operator’s stock valued at $107,000 after buying an additional 64 shares in the last quarter. Harel Insurance Investments & Financial Services Ltd. purchased a new position in Union Pacific Corp. during the second quarter valued at $108,000. Lenox Wealth Advisors Inc. boosted its position in Union Pacific Corp. by 4.9% in the third quarter. Lenox Wealth Advisors Inc. now owns 1,167 shares of the railroad operator’s stock valued at $114,000 after buying an additional 55 shares in the last quarter. Finally, Tradewinds Capital Management LLC boosted its position in Union Pacific Corp. by 22.4% in the second quarter. Tradewinds Capital Management LLC now owns 1,364 shares of the railroad operator’s stock valued at $119,000 after buying an additional 250 shares in the last quarter. 77.94% of the stock is owned by hedge funds and other institutional investors.
About Union Pacific Corp.
Union Pacific Corporation operates through its principal operating company, Union Pacific Railroad Company. Union Pacific Railroad Company links approximately 20 states in the western two-thirds of the country by rail, providing link in the supply chain. The Company’s business mix includes agricultural products, automotive, chemicals, coal, industrial products and intermodal.
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