Meag Munich Ergo Kapitalanlagegesellschaft MBH raised its position in Union Pacific Corporation (NYSE:UNP) by 134.6% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 121,489 shares of the railroad operator’s stock after buying an additional 69,707 shares during the period. Meag Munich Ergo Kapitalanlagegesellschaft MBH’s holdings in Union Pacific Corporation were worth $13,083,000 at the end of the most recent reporting period.

Other hedge funds have also made changes to their positions in the company. Prospera Financial Services Inc raised its stake in Union Pacific Corporation by 0.3% in the first quarter. Prospera Financial Services Inc now owns 2,163 shares of the railroad operator’s stock valued at $230,000 after buying an additional 7 shares during the period. Summit Asset Management LLC raised its stake in Union Pacific Corporation by 0.3% in the first quarter. Summit Asset Management LLC now owns 7,206 shares of the railroad operator’s stock valued at $763,000 after buying an additional 19 shares during the period. Family Firm Inc. raised its stake in Union Pacific Corporation by 0.5% in the first quarter. Family Firm Inc. now owns 4,178 shares of the railroad operator’s stock valued at $443,000 after buying an additional 21 shares during the period. Court Place Advisors LLC raised its stake in Union Pacific Corporation by 0.4% in the first quarter. Court Place Advisors LLC now owns 7,506 shares of the railroad operator’s stock valued at $795,000 after buying an additional 29 shares during the period. Finally, Tortoise Investment Management LLC raised its stake in Union Pacific Corporation by 1.2% in the first quarter. Tortoise Investment Management LLC now owns 2,540 shares of the railroad operator’s stock valued at $269,000 after buying an additional 30 shares during the period. 79.94% of the stock is currently owned by institutional investors and hedge funds.

Union Pacific Corporation (UNP) traded up 0.65% during trading on Friday, hitting $105.25. 2,473,268 shares of the company traded hands. The company has a market capitalization of $84.24 billion, a P/E ratio of 19.09 and a beta of 0.81. The stock has a 50 day moving average price of $105.10 and a 200 day moving average price of $107.47. Union Pacific Corporation has a 12-month low of $87.06 and a 12-month high of $115.15.

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

The business also recently disclosed a quarterly dividend, which will be paid on Friday, September 29th. Stockholders of record on Thursday, August 31st will be paid a $0.605 dividend. This represents a $2.42 annualized dividend and a dividend yield of 2.30%. The ex-dividend date of this dividend is Tuesday, August 29th. Union Pacific Corporation’s dividend payout ratio (DPR) is currently 43.84%.

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Several analysts have issued reports on UNP shares. BidaskClub lowered shares of Union Pacific Corporation from a “hold” rating to a “sell” rating in a research report on Thursday, July 27th. Royal Bank Of Canada reaffirmed a “hold” rating and set a $116.00 price target on shares of Union Pacific Corporation in a research report on Friday, June 2nd. Zacks Investment Research raised shares of Union Pacific Corporation from a “hold” rating to a “buy” rating and set a $122.00 price target on the stock in a research report on Thursday, July 13th. Morgan Stanley reaffirmed an “overweight” rating and set a $102.00 price target (up from $100.00) on shares of Union Pacific Corporation in a research report on Monday, July 10th. Finally, Credit Suisse Group upped their price target on shares of Union Pacific Corporation from $129.00 to $131.00 and gave the stock a “buy” rating in a research report on Friday, May 26th. Two analysts have rated the stock with a sell rating, ten have assigned a hold rating and eight have given a buy rating to the company. The company currently has an average rating of “Hold” and a consensus price target of $113.22.

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

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

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