Charter Trust Co. lowered its stake in shares of Union Pacific Corporation (NYSE:UNP) by 18.7% during the 2nd quarter, according to the company in its most recent filing with the SEC. The fund owned 6,772 shares of the railroad operator’s stock after selling 1,556 shares during the quarter. Charter Trust Co.’s holdings in Union Pacific Corporation were worth $737,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Summit Asset Management LLC increased its position in shares of Union Pacific Corporation by 0.3% during the 1st quarter. Summit Asset Management LLC now owns 7,206 shares of the railroad operator’s stock valued at $763,000 after purchasing an additional 19 shares during the last quarter. Family Firm Inc. increased its position in shares of Union Pacific Corporation by 0.5% during the 1st quarter. Family Firm Inc. now owns 4,178 shares of the railroad operator’s stock valued at $443,000 after purchasing an additional 21 shares during the last quarter. Court Place Advisors LLC increased its position in shares of Union Pacific Corporation by 0.4% during the 1st quarter. Court Place Advisors LLC now owns 7,506 shares of the railroad operator’s stock valued at $795,000 after purchasing an additional 29 shares during the last quarter. Tortoise Investment Management LLC increased its position in shares of Union Pacific Corporation by 1.2% during the 1st quarter. Tortoise Investment Management LLC now owns 2,540 shares of the railroad operator’s stock valued at $269,000 after purchasing an additional 30 shares during the last quarter. Finally, Highland Private Wealth Management increased its position in shares of Union Pacific Corporation by 1.6% during the 1st quarter. Highland Private Wealth Management now owns 1,978 shares of the railroad operator’s stock valued at $210,000 after purchasing an additional 32 shares during the last quarter. 78.38% of the stock is currently owned by hedge funds and other institutional investors.

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Shares of Union Pacific Corporation (NYSE UNP) traded up 0.74% during midday trading on Tuesday, hitting $112.86. The company’s stock had a trading volume of 1,505,501 shares. The firm has a market cap of $90.33 billion, a price-to-earnings ratio of 20.47 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 firm has a 50-day moving average of $105.27 and a 200 day moving average of $107.32.

Union Pacific Corporation (NYSE:UNP) last issued its quarterly earnings data on Thursday, July 20th. The railroad operator reported $1.45 earnings per share for the quarter, beating the Zacks’ 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 business had revenue of $5.25 billion during the quarter, compared to analysts’ expectations of $5.19 billion. During the same period in the previous year, the firm posted $1.17 earnings per share. The company’s revenue was up 10.1% on a year-over-year basis. On average, equities research analysts predict that Union Pacific Corporation will post $5.79 EPS for the current fiscal year.

The company 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. The ex-dividend date is Tuesday, August 29th. This represents a $2.42 dividend on an annualized basis and a dividend yield of 2.16%. Union Pacific Corporation’s payout ratio is presently 43.84%.

Several equities analysts have recently weighed in on UNP shares. Stifel Nicolaus reissued a “hold” rating and set a $118.00 target price (up previously from $112.00) on shares of Union Pacific Corporation in a research report on Monday, July 24th. 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 report on Tuesday, May 30th. BidaskClub downgraded Union Pacific Corporation from a “hold” rating to a “sell” rating in a research report on Thursday, July 27th. Credit Suisse Group boosted their target price 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 restated a “hold” rating and set a $116.00 price objective on shares of Union Pacific Corporation in a report on Friday, June 2nd. Two investment analysts have rated the stock with a sell rating, eleven have given a hold rating and eight have given a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and an average target price of $113.38.

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 sale, the executive vice president now directly owns 95,470 shares of the company’s stock, valued at $10,272,572. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Insiders own 0.20% of the company’s stock.

Union Pacific Corporation 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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