Union Pacific Corp. (NYSE:UNP) declared a quarterly dividend on Thursday, November 17th. Stockholders of record on Wednesday, November 30th will be paid a dividend of 0.605 per share by the railroad operator on Thursday, December 29th. This represents a $2.42 dividend on an annualized basis and a dividend yield of 2.41%. The ex-dividend date of this dividend is Monday, November 28th. This is a boost from Union Pacific Corp.’s previous quarterly dividend of $0.55.

Union Pacific Corp. (NYSE:UNP) opened at 100.49 on Wednesday. The stock’s 50 day moving average price is $94.48 and its 200-day moving average price is $91.54. Union Pacific Corp. has a one year low of $67.06 and a one year high of $101.63. The company has a market capitalization of $82.82 billion, a P/E ratio of 20.14 and a beta of 0.66.

Union Pacific Corp. (NYSE:UNP) last released its quarterly earnings data on Thursday, October 20th. The railroad operator reported $1.36 EPS for the quarter, missing the consensus estimate of $1.39 by $0.03. The firm had revenue of $5.17 billion for the quarter, compared to analysts’ expectations of $5.14 billion. Union Pacific Corp. had a return on equity of 20.55% and a net margin of 21.05%. The company’s revenue for the quarter was down 7.0% compared to the same quarter last year. During the same quarter in the previous year, the business earned $1.50 earnings per share. Equities analysts forecast that Union Pacific Corp. will post $5.00 EPS for the current year.

Dividend History for Union Pacific Corp. (NYSE:UNP)

Several research analysts have commented on UNP shares. Credit Suisse Group AG restated a “buy” rating and set a $106.00 price objective on shares of Union Pacific Corp. in a report on Tuesday, September 13th. Zacks Investment Research upgraded Union Pacific Corp. from a “sell” rating to a “hold” rating in a report on Wednesday, September 14th. Deutsche Bank AG initiated coverage on Union Pacific Corp. in a report on Wednesday, November 2nd. They set a “buy” rating and a $110.00 price objective on the stock. Vetr downgraded Union Pacific Corp. from a “hold” rating to a “sell” rating and set a $89.88 price target on the stock. in a report on Wednesday, September 21st. Finally, Vertical Research initiated coverage on Union Pacific Corp. in a report on Tuesday, October 11th. They issued a “hold” rating on the stock. Three analysts have rated the stock with a sell rating, thirteen have issued a hold rating, twelve have assigned a buy rating and one has issued a strong buy rating to the stock. The company has an average rating of “Hold” and an average target price of $96.38.

In other news, EVP Robert M. Knight, Jr. sold 10,000 shares of the company’s stock in a transaction that occurred on Thursday, September 1st. The stock was sold at an average price of $95.24, for a total value of $952,400.00. Following the completion of the sale, the executive vice president now directly owns 150,660 shares in the company, valued at $14,348,858.40. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Robert M. Knight, Jr. sold 5,000 shares of the company’s stock in a transaction that occurred on Wednesday, September 7th. The shares were sold at an average price of $97.00, for a total value of $485,000.00. Following the completion of the sale, the executive vice president now owns 150,660 shares of the company’s stock, valued at $14,614,020. The disclosure for this sale can be found here. Company insiders own 0.14% of the company’s stock.

Large investors have recently bought and sold shares of the stock. Dodge & Cox raised its stake in Union Pacific Corp. by 24.0% in the second quarter. Dodge & Cox now owns 15,188,949 shares of the railroad operator’s stock worth $1,325,236,000 after buying an additional 2,936,275 shares during the period. Massachusetts Financial Services Co. MA raised its stake in Union Pacific Corp. by 7.7% in the second quarter. Massachusetts Financial Services Co. MA now owns 14,465,153 shares of the railroad operator’s stock worth $1,262,084,000 after buying an additional 1,035,158 shares during the period. TIAA CREF Investment Management LLC raised its stake in Union Pacific Corp. by 1.5% in the second quarter. TIAA CREF Investment Management LLC now owns 7,457,098 shares of the railroad operator’s stock worth $650,632,000 after buying an additional 112,623 shares during the period. Capital International Investors raised its stake in Union Pacific Corp. by 16.5% in the second quarter. Capital International Investors now owns 5,314,764 shares of the railroad operator’s stock worth $463,713,000 after buying an additional 754,164 shares during the period. Finally, Waddell & Reed Financial Inc. raised its stake in Union Pacific Corp. by 26.8% in the second quarter. Waddell & Reed Financial Inc. now owns 5,138,966 shares of the railroad operator’s stock worth $448,374,000 after buying an additional 1,087,201 shares during the period. Institutional investors and hedge funds own 77.94% of the company’s stock.

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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.

5 Day Chart for NYSE:UNP

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