Rational Advisors LLC Takes Position in Union Pacific Corporation (UNP)
Rational Advisors LLC acquired a new stake in shares of Union Pacific Corporation (NYSE:UNP) during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 7,300 shares of the railroad operator’s stock, valued at approximately $773,000.
A number of other large investors have also bought and sold shares of UNP. Horrell Capital Management Inc. increased its position in Union Pacific Corporation by 0.4% in the first quarter. Horrell Capital Management Inc. now owns 78,559 shares of the railroad operator’s stock valued at $8,321,000 after buying an additional 288 shares in the last quarter. TNB Financial bought a new position in Union Pacific Corporation during the first quarter valued at approximately $409,000. Farmers Trust Co. bought a new position in Union Pacific Corporation during the first quarter valued at approximately $3,076,000. First National Bank of Omaha increased its position in Union Pacific Corporation by 2.8% in the first quarter. First National Bank of Omaha now owns 63,135 shares of the railroad operator’s stock valued at $6,737,000 after buying an additional 1,738 shares in the last quarter. Finally, First PREMIER Bank increased its position in Union Pacific Corporation by 0.8% in the first quarter. First PREMIER Bank now owns 29,721 shares of the railroad operator’s stock valued at $3,148,000 after buying an additional 233 shares in the last quarter. 79.94% of the stock is owned by institutional investors.
Shares of Union Pacific Corporation (UNP) traded up 0.02% during midday trading on Monday, reaching $103.92. 420,190 shares of the company’s stock were exchanged. Union Pacific Corporation has a one year low of $87.06 and a one year high of $115.15. The firm has a market cap of $83.18 billion, a PE ratio of 18.85 and a beta of 0.81. The stock’s 50-day moving average is $105.52 and its 200 day moving average is $107.56.
Union Pacific Corporation (NYSE:UNP) last announced its earnings results on Thursday, July 20th. The railroad operator reported $1.45 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $1.39 by $0.06. The business had revenue of $5.25 billion for the quarter, compared to analyst estimates of $5.19 billion. Union Pacific Corporation had a net margin of 21.79% and a return on equity of 22.70%. The company’s revenue for the quarter was up 10.1% compared to the same quarter last year. During the same quarter last year, the business earned $1.17 earnings per share. Analysts anticipate that Union Pacific Corporation will post $5.79 EPS for the current year.
The firm also recently declared a quarterly dividend, which will be paid on Friday, September 29th. Investors of record on Thursday, August 31st will be given a dividend of $0.605 per share. The ex-dividend date of this dividend is Tuesday, August 29th. This represents a $2.42 dividend on an annualized basis and a yield of 2.33%. Union Pacific Corporation’s payout ratio is presently 43.84%.
Several analysts recently issued reports on UNP shares. BidaskClub cut Union Pacific Corporation from a “hold” rating to a “sell” rating in a research note on Thursday, July 27th. Royal Bank Of Canada reissued a “hold” rating and issued a $116.00 target price on shares of Union Pacific Corporation in a research note on Friday, June 2nd. Zacks Investment Research raised Union Pacific Corporation from a “hold” rating to a “buy” rating and set a $122.00 target price on the stock in a research note on Thursday, July 13th. Morgan Stanley reissued an “overweight” rating and issued a $102.00 target price (up from $100.00) on shares of Union Pacific Corporation in a research note on Monday, July 10th. Finally, Credit Suisse Group raised their target price on Union Pacific Corporation from $129.00 to $131.00 and gave the stock a “buy” rating in a research note on Friday, May 26th. Two investment analysts have rated the stock with a sell rating, eleven have issued a hold rating and eight have assigned a buy rating to the stock. The stock presently has an average rating of “Hold” and an average price target of $112.21.
In related news, EVP Cameron A. Scott sold 17,604 shares of the business’s stock in a transaction dated 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 transaction, the executive vice president now directly owns 95,470 shares in the company, valued at $10,272,572. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 0.20% of the company’s stock.
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.
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