North Star Investment Management Corp. decreased its stake in Union Pacific Corporation (NYSE:UNP) by 0.1% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 85,590 shares of the railroad operator’s stock after selling 97 shares during the period. Union Pacific Corporation comprises 1.2% of North Star Investment Management Corp.’s holdings, making the stock its 11th largest position. North Star Investment Management Corp.’s holdings in Union Pacific Corporation were worth $9,322,000 at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. Israel Discount Bank of New York GFN bought a new position in shares of Union Pacific Corporation during the fourth quarter valued at about $227,000. Genesee Valley Trust Co. increased its position in shares of Union Pacific Corporation by 21.5% in the first quarter. Genesee Valley Trust Co. now owns 9,725 shares of the railroad operator’s stock valued at $1,030,000 after buying an additional 1,724 shares in the last quarter. Putnam Investments LLC increased its position in shares of Union Pacific Corporation by 2.6% in the fourth quarter. Putnam Investments LLC now owns 4,481,419 shares of the railroad operator’s stock valued at $464,633,000 after buying an additional 112,418 shares in the last quarter. Brookfield Asset Management Inc. bought a new position in shares of Union Pacific Corporation during the fourth quarter valued at about $17,895,000. Finally, Eastern Bank increased its position in shares of Union Pacific Corporation by 1.2% in the first quarter. Eastern Bank now owns 13,580 shares of the railroad operator’s stock valued at $1,438,000 after buying an additional 158 shares in the last quarter. 79.88% of the stock is currently owned by institutional investors and hedge funds.

Union Pacific Corporation (UNP) traded up 0.09% during midday trading on Monday, reaching $102.57. 2,543,369 shares of the company traded hands. The firm’s 50 day moving average price is $107.61 and its 200 day moving average price is $107.96. Union Pacific Corporation has a 12 month low of $87.06 and a 12 month high of $115.15. The firm has a market capitalization of $82.10 billion, a price-to-earnings ratio of 18.60 and a beta of 0.81.

Union Pacific Corporation (NYSE:UNP) last released its quarterly earnings results on Thursday, July 20th. The railroad operator reported $1.45 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.39 by $0.06. Union Pacific Corporation had a net margin of 21.79% and a return on equity of 22.70%. The firm had revenue of $5.25 billion during the quarter, compared to analyst estimates of $5.19 billion. During the same quarter last year, the business earned $1.17 EPS. The company’s revenue was up 10.1% compared to the same quarter last year. On average, analysts expect that Union Pacific Corporation will post $5.79 earnings per share for the current year.

The company also recently declared a quarterly dividend, which will be paid on Friday, September 29th. Shareholders of record on Thursday, August 31st will be issued a dividend of $0.605 per share. The ex-dividend date is Tuesday, August 29th. This represents a $2.42 annualized dividend and a yield of 2.36%. Union Pacific Corporation’s payout ratio is 43.84%.

COPYRIGHT VIOLATION NOTICE: “North Star Investment Management Corp. Has $9.32 Million Stake in Union Pacific Corporation (NYSE:UNP)” was originally published by The Cerbat Gem and is the sole property of of The Cerbat Gem. If you are reading this story on another website, it was illegally stolen and reposted in violation of United States and international copyright law. The correct version of this story can be accessed at https://www.thecerbatgem.com/2017/08/07/union-pacific-corporation-nyseunp-shares-sold-by-north-star-investment-management-corp-updated.html.

Several research analysts have weighed in on the company. Stifel Nicolaus reiterated a “hold” rating and issued a $118.00 price target (up from $112.00) on shares of Union Pacific Corporation in a report on Monday, July 24th. Wolfe Research downgraded Union Pacific Corporation from an “outperform” rating to a “market perform” rating in a report on Monday. Citigroup Inc. reiterated a “buy” rating and issued a $120.00 price target on shares of Union Pacific Corporation in a report on Monday, July 10th. Zacks Investment Research downgraded Union Pacific Corporation from a “buy” rating to a “hold” rating in a report on Monday, July 24th. Finally, BidaskClub downgraded Union Pacific Corporation from a “sell” rating to a “strong sell” rating in a report on Thursday. Two research analysts have rated the stock with a sell rating, eleven have given a hold rating and nine have given a buy rating to the stock. Union Pacific Corporation currently has a consensus rating of “Hold” and a consensus target price of $112.20.

In other Union Pacific Corporation news, EVP Cameron A. Scott sold 17,604 shares of the firm’s stock in a transaction that occurred on Friday, July 7th. The shares were sold at an average price of $107.60, for a total transaction of $1,894,190.40. Following the completion of the transaction, the executive vice president now owns 95,470 shares in the company, valued at approximately $10,272,572. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 0.20% of the stock is currently owned by company insiders.

Union Pacific Corporation Company Profile

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.

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

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