BB&T Corp increased its position in Union Pacific Corp. (NYSE:UNP) by 0.6% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 166,533 shares of the railroad operator’s stock after buying an additional 943 shares during the period. BB&T Corp’s holdings in Union Pacific Corp. were worth $16,242,000 at the end of the most recent quarter.

Other institutional investors also recently made changes to their positions in the company. Delphi Private Advisors LLC increased its position in Union Pacific Corp. by 0.8% in the second quarter. Delphi Private Advisors LLC now owns 1,547 shares of the railroad operator’s stock worth $135,000 after buying an additional 13 shares in the last quarter. Alpha Windward LLC increased its position in Union Pacific Corp. by 0.6% in the third quarter. Alpha Windward LLC now owns 2,291 shares of the railroad operator’s stock worth $223,000 after buying an additional 13 shares in the last quarter. IMS Capital Management increased its position in Union Pacific Corp. by 0.5% in the third quarter. IMS Capital Management now owns 3,097 shares of the railroad operator’s stock worth $302,000 after buying an additional 15 shares in the last quarter. First Financial Bank N.A. Trust Division increased its position in Union Pacific Corp. by 0.5% in the third quarter. First Financial Bank N.A. Trust Division now owns 3,489 shares of the railroad operator’s stock worth $340,000 after buying an additional 18 shares in the last quarter. Finally, Motco increased its position in Union Pacific Corp. by 1.2% in the second quarter. Motco now owns 1,731 shares of the railroad operator’s stock worth $151,000 after buying an additional 21 shares in the last quarter. 77.59% of the stock is owned by hedge funds and other institutional investors.

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

Union Pacific Corp. (NYSE:UNP) traded down 0.29% during midday trading on Tuesday, reaching $100.40. 1,050,942 shares of the company’s stock traded hands. The stock has a market cap of $82.74 billion, a P/E ratio of 20.12 and a beta of 0.66. The company’s 50-day moving average price is $94.68 and its 200-day moving average price is $91.95. Union Pacific Corp. has a 52-week low of $67.06 and a 52-week high of $102.16.

Union Pacific Corp. (NYSE:UNP) last released its quarterly earnings results on Thursday, October 20th. The railroad operator reported $1.36 EPS for the quarter, missing the Zacks’ consensus estimate of $1.39 by $0.03. Union Pacific Corp. had a return on equity of 20.55% and a net margin of 21.05%. The company earned $5.17 billion during the quarter, compared to analysts’ expectations of $5.14 billion. During the same period in the prior year, the firm earned $1.50 EPS. Union Pacific Corp.’s quarterly revenue was down 7.0% on a year-over-year basis. On average, equities analysts predict that Union Pacific Corp. will post $5.00 EPS for the current fiscal year.

The business also recently declared 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%. 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.’s payout ratio is currently 44.00%.

TRADEMARK VIOLATION WARNING: “Union Pacific Corp. (UNP) Shares Bought by BB&T Corp” was first reported by The Cerbat Gem and is the sole property of of The Cerbat Gem. If you are accessing this piece of content on another publication, it was copied illegally and reposted in violation of U.S. & international trademark & copyright laws. The original version of this piece of content can be viewed at https://www.thecerbatgem.com/2016/11/29/union-pacific-corp-unp-shares-bought-by-bbt-corp.html.

A number of equities research analysts have recently issued reports on the stock. Deutsche Bank AG reaffirmed a “top pick” rating and issued a $110.00 target price on shares of Union Pacific Corp. in a report on Monday, November 14th. Zacks Investment Research raised shares of Union Pacific Corp. from a “hold” rating to a “buy” rating and set a $109.00 target price on the stock in a report on Tuesday, October 4th. Vertical Research assumed coverage on shares of Union Pacific Corp. in a report on Tuesday, October 11th. They issued a “hold” rating on the stock. Cowen and Company cut shares of Union Pacific Corp. from an “outperform” rating to a “market perform” rating and dropped their target price for the company from $99.00 to $91.00 in a report on Thursday, October 20th. Finally, Loop Capital reaffirmed a “hold” rating on shares of Union Pacific Corp. in a report on Friday, September 9th. Three equities research analysts have rated the stock with a sell rating, thirteen have issued a hold rating, twelve have given a buy rating and one has issued a strong buy rating to the company. The stock has an average rating of “Hold” and a consensus target price of $96.38.

In other Union Pacific Corp. news, EVP Diane K. Duren sold 2,840 shares of the business’s stock in a transaction that occurred on Friday, November 18th. The shares were sold at an average price of $98.98, for a total value of $281,103.20. Following the completion of the transaction, the executive vice president now 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 available through this link. Also, Director Steven R. Rogel sold 7,400 shares of the business’s stock in a transaction that occurred on Tuesday, November 22nd. The stock was sold at an average price of $100.51, for a total transaction of $743,774.00. Following the completion of the transaction, the director now directly owns 11,400 shares of the company’s stock, valued at approximately $1,145,814. The disclosure for this sale can be found here. 0.14% of the stock is currently owned by company insiders.

Union Pacific Corp. Company Profile

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

Receive News & Stock Ratings for Union Pacific Corp. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Union Pacific Corp. and related stocks with our FREE daily email newsletter.