Zions Bancorporation lowered its position in Union Pacific Corporation (NYSE:UNP) by 13.8% in the 1st quarter, according to its most recent 13F filing with the SEC. The firm owned 3,963 shares of the railroad operator’s stock after selling 635 shares during the period. Zions Bancorporation’s holdings in Union Pacific Corporation were worth $420,000 at the end of the most recent quarter.

A number of other institutional investors have also recently modified their holdings of UNP. Advantage Investment Management LLC boosted its holdings in Union Pacific Corporation by 263.7% in the 1st quarter. Advantage Investment Management LLC now owns 953 shares of the railroad operator’s stock worth $101,000 after buying an additional 691 shares during the period. Mark Sheptoff Financial Planning LLC boosted its holdings in Union Pacific Corporation by 96.3% in the 1st quarter. Mark Sheptoff Financial Planning LLC now owns 1,021 shares of the railroad operator’s stock worth $108,000 after buying an additional 501 shares during the period. SRS Capital Advisors Inc. boosted its holdings in Union Pacific Corporation by 147.2% in the 1st quarter. SRS Capital Advisors Inc. now owns 1,152 shares of the railroad operator’s stock worth $122,000 after buying an additional 686 shares during the period. Dubuque Bank & Trust Co. boosted its holdings in Union Pacific Corporation by 7.6% in the 1st quarter. Dubuque Bank & Trust Co. now owns 1,464 shares of the railroad operator’s stock worth $155,000 after buying an additional 104 shares during the period. Finally, Arcadia Investment Management Corp MI boosted its holdings in Union Pacific Corporation by 8.5% in the 1st quarter. Arcadia Investment Management Corp MI now owns 1,635 shares of the railroad operator’s stock worth $173,000 after buying an additional 128 shares during the period. 78.56% of the stock is owned by institutional investors.

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.

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Shares of Union Pacific Corporation (NYSE UNP) traded down 0.26% on Wednesday, hitting $108.20. 695,469 shares of the company were exchanged. The stock has a market capitalization of $86.60 billion, a PE ratio of 19.62 and a beta of 0.81. Union Pacific Corporation has a 52-week low of $87.06 and a 52-week high of $115.15. The firm’s 50-day moving average is $104.25 and its 200-day moving average is $107.24.

Union Pacific Corporation (NYSE:UNP) last posted its quarterly earnings results on Thursday, July 20th. The railroad operator reported $1.45 earnings per share for the quarter, topping analysts’ consensus estimates of $1.39 by $0.06. The firm 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%. Union Pacific Corporation’s quarterly revenue was up 10.1% on a year-over-year basis. During the same period in the previous year, the business posted $1.17 earnings per share. Equities research analysts predict that Union Pacific Corporation will post $5.79 earnings per share 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 is Tuesday, August 29th. This represents a $2.42 dividend on an annualized basis and a yield of 2.23%. Union Pacific Corporation’s payout ratio is presently 43.84%.

Several research analysts recently weighed in on UNP shares. Credit Suisse Group upped their target price on shares of 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 shares of Union Pacific Corporation from a “hold” rating to a “buy” rating and set a $122.00 target price for the company in a report on Tuesday, May 30th. BMO Capital Markets reaffirmed a “buy” rating and issued a $123.00 target price on shares of Union Pacific Corporation in a report on Friday, June 2nd. Royal Bank Of Canada reaffirmed a “hold” rating and issued a $116.00 target price on shares of Union Pacific Corporation in a report on Friday, June 2nd. Finally, Citigroup Inc. reaffirmed a “buy” rating and issued 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 assigned a hold rating and eight have issued a buy rating to the company’s stock. The company currently has an average rating of “Hold” and a consensus target price of $113.22.

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.

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

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