Valicenti Advisory Services Inc. cut its holdings in shares of Union Pacific Corporation (NYSE:UNP) by 18.0% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 20,980 shares of the railroad operator’s stock after selling 4,600 shares during the quarter. Valicenti Advisory Services Inc.’s holdings in Union Pacific Corporation were worth $2,285,000 as of its most recent SEC filing.

Other hedge funds have also bought and sold shares of the company. Advantage Investment Management LLC increased its holdings in shares of Union Pacific Corporation by 263.7% during the 1st quarter. Advantage Investment Management LLC now owns 953 shares of the railroad operator’s stock worth $101,000 after acquiring an additional 691 shares during the last quarter. Mark Sheptoff Financial Planning LLC increased its holdings in shares of Union Pacific Corporation by 96.3% during the 1st quarter. Mark Sheptoff Financial Planning LLC now owns 1,021 shares of the railroad operator’s stock worth $108,000 after acquiring an additional 501 shares during the last quarter. Proficio Capital Partners LLC increased its holdings in shares of Union Pacific Corporation by 36.3% during the 1st quarter. Proficio Capital Partners LLC now owns 1,028 shares of the railroad operator’s stock worth $111,000 after acquiring an additional 274 shares during the last quarter. SRS Capital Advisors Inc. increased its holdings in shares of Union Pacific Corporation by 147.2% during the 1st quarter. SRS Capital Advisors Inc. now owns 1,152 shares of the railroad operator’s stock worth $122,000 after acquiring an additional 686 shares during the last quarter. Finally, Ullmann Financial Group Inc. acquired a new position in shares of Union Pacific Corporation during the 1st quarter worth approximately $122,000. 78.56% of the stock is currently owned by institutional investors and hedge funds.

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A number of research analysts recently weighed in on UNP shares. Credit Suisse Group boosted their target price on Union Pacific Corporation from $129.00 to $131.00 and gave the stock a “buy” rating in a report on Friday, May 26th. 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 report on Tuesday, May 30th. BMO Capital Markets reissued a “buy” rating and set a $123.00 target price on shares of Union Pacific Corporation in a report on Friday, June 2nd. Royal Bank Of Canada reissued a “hold” rating and set a $116.00 target price on shares of Union Pacific Corporation in a report on Friday, June 2nd. Finally, Citigroup Inc. reissued a “buy” rating and set a $120.00 target price on shares of Union Pacific Corporation in a report on Monday, July 10th. Two investment analysts have rated the stock with a sell rating, ten have issued a hold rating and eight have given a buy rating to the company. Union Pacific Corporation presently has an average rating of “Hold” and an average price target of $113.22.

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

Shares of Union Pacific Corporation (NYSE:UNP) opened at 108.10 on Tuesday. The firm has a market capitalization of $86.52 billion, a price-to-earnings ratio of 19.60 and a beta of 0.81. Union Pacific Corporation has a 12-month low of $87.06 and a 12-month high of $115.15. The stock’s 50 day moving average price is $104.14 and its 200 day moving average price is $107.24.

Union Pacific Corporation (NYSE:UNP) last announced its quarterly 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. The company had revenue of $5.25 billion during the quarter, compared to analysts’ expectations of $5.19 billion. Union Pacific Corporation had a return on equity of 22.70% and a net margin of 21.79%. The firm’s quarterly revenue was up 10.1% compared to the same quarter last year. During the same period in the previous year, the business earned $1.17 earnings per share. Equities research analysts expect that Union Pacific Corporation will post $5.79 earnings per share for the current year.

The business also recently declared a quarterly dividend, which will be paid on Friday, September 29th. Stockholders of record on Thursday, August 31st will be given a $0.605 dividend. This represents a $2.42 annualized dividend and a dividend yield of 2.24%. The ex-dividend date is Tuesday, August 29th. Union Pacific Corporation’s dividend payout ratio (DPR) is presently 43.84%.

About Union Pacific Corporation

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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