Baldwin Investment Management LLC cut its position in Union Pacific Corporation (NYSE:UNP) by 6.1% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 12,246 shares of the railroad operator’s stock after selling 800 shares during the period. Baldwin Investment Management LLC’s holdings in Union Pacific Corporation were worth $1,297,000 as of its most recent filing with the SEC.

Other institutional investors have also made changes to their positions in the company. Advantage Investment Management LLC raised its position in shares of Union Pacific Corporation by 263.7% in the first quarter. Advantage Investment Management LLC now owns 953 shares of the railroad operator’s stock valued at $101,000 after buying an additional 691 shares during the period. Mark Sheptoff Financial Planning LLC raised its position in shares of Union Pacific Corporation by 96.3% in the first quarter. Mark Sheptoff Financial Planning LLC now owns 1,021 shares of the railroad operator’s stock valued at $108,000 after buying an additional 501 shares during the period. American National Bank raised its position in shares of Union Pacific Corporation by 757.5% in the first quarter. American National Bank now owns 1,432 shares of the railroad operator’s stock valued at $152,000 after buying an additional 1,265 shares during the period. Dubuque Bank & Trust Co. raised its position in shares of Union Pacific Corporation by 7.6% in the first quarter. Dubuque Bank & Trust Co. now owns 1,464 shares of the railroad operator’s stock valued at $155,000 after buying an additional 104 shares during the period. Finally, Arcadia Investment Management Corp MI raised its position in shares of Union Pacific Corporation by 8.5% in the first quarter. Arcadia Investment Management Corp MI now owns 1,635 shares of the railroad operator’s stock valued at $173,000 after buying an additional 128 shares during the period. Institutional investors and hedge funds own 79.94% of the company’s stock.

Union Pacific Corporation (NYSE:UNP) traded up 0.65% during midday trading on Friday, reaching $105.25. The company’s stock had a trading volume of 2,473,268 shares. The firm has a market cap of $84.24 billion, a price-to-earnings ratio of 19.09 and a beta of 0.81. The company’s 50-day moving average is $105.10 and its 200 day moving average is $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 earnings results on Thursday, July 20th. The railroad operator reported $1.45 earnings per share for the quarter, beating the Thomson Reuters’ 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 the consensus estimate of $5.19 billion. During the same quarter last year, the firm earned $1.17 EPS. The firm’s revenue for the quarter was up 10.1% on a year-over-year basis. Equities analysts forecast that Union Pacific Corporation will post $5.79 earnings per share for the current year.

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

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UNP has been the topic of several recent research reports. Stifel Nicolaus reiterated a “hold” rating and set a $118.00 price objective (up from $112.00) on shares of Union Pacific Corporation in a research report on Monday, July 24th. Zacks Investment Research upgraded Union Pacific Corporation from a “hold” rating to a “buy” rating and set a $122.00 price objective on the stock in a research report on Tuesday, May 30th. BidaskClub lowered Union Pacific Corporation from a “hold” rating to a “sell” rating in a research report on Thursday, July 27th. Credit Suisse Group increased their price objective on Union Pacific Corporation from $129.00 to $131.00 and gave the company a “buy” rating in a research report on Friday, May 26th. Finally, Royal Bank Of Canada reiterated a “hold” rating and set a $116.00 price objective on shares of Union Pacific Corporation in a research report on Friday, June 2nd. Two equities research analysts have rated the stock with a sell rating, ten have assigned a hold rating and eight have assigned a buy rating to the stock. The company has an average rating of “Hold” and an average target price 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 shares were sold at an average price of $107.60, for a total value of $1,894,190.40. Following the completion of the sale, the executive vice president now owns 95,470 shares in the company, valued at approximately $10,272,572. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, 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)

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