Crestwood Advisors Group LLC raised its holdings in Union Pacific Corporation (NYSE:UNP) by 1.0% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 119,489 shares of the railroad operator’s stock after acquiring an additional 1,229 shares during the quarter. Crestwood Advisors Group LLC’s holdings in Union Pacific Corporation were worth $12,344,000 as of its most recent SEC filing.

Other hedge funds have also made changes to their positions in the company. Barings LLC boosted its position in shares of Union Pacific Corporation by 357.1% during the first quarter. Barings LLC now owns 48,185 shares of the railroad operator’s stock worth $5,104,000 after purchasing an additional 37,643 shares in the last quarter. Greystone Managed Investments Inc. boosted its position in shares of Union Pacific Corporation by 8.9% during the second quarter. Greystone Managed Investments Inc. now owns 84,114 shares of the railroad operator’s stock worth $9,161,000 after purchasing an additional 6,890 shares in the last quarter. Wallington Asset Management LLC boosted its position in shares of Union Pacific Corporation by 0.3% during the second quarter. Wallington Asset Management LLC now owns 88,899 shares of the railroad operator’s stock worth $9,682,000 after purchasing an additional 280 shares in the last quarter. Boston Advisors LLC boosted its position in shares of Union Pacific Corporation by 19.6% during the second quarter. Boston Advisors LLC now owns 446,672 shares of the railroad operator’s stock worth $48,647,000 after purchasing an additional 73,268 shares in the last quarter. Finally, Genesee Valley Trust Co. boosted its position in shares of Union Pacific Corporation by 21.5% during the first quarter. Genesee Valley Trust Co. now owns 9,725 shares of the railroad operator’s stock worth $1,030,000 after purchasing an additional 1,724 shares in the last quarter. 78.38% of the stock is currently owned by hedge funds and other institutional investors.

Union Pacific Corporation (UNP) opened at 113.95 on Friday. The stock’s 50 day moving average is $109.95 and its 200 day moving average is $108.16. Union Pacific Corporation has a 1-year low of $87.06 and a 1-year high of $116.93. The firm has a market capitalization of $91.20 billion, a price-to-earnings ratio of 20.67 and a beta of 0.84.

Union Pacific Corporation (NYSE:UNP) last released its quarterly earnings results on Thursday, July 20th. The railroad operator reported $1.45 earnings per share for the quarter, beating analysts’ consensus estimates 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 company had revenue of $5.25 billion for the quarter, compared to analyst estimates of $5.19 billion. During the same period last year, the firm earned $1.17 earnings per share. The firm’s revenue was up 10.1% on a year-over-year basis. Analysts predict that Union Pacific Corporation will post $5.77 EPS for the current fiscal year.

The company also recently declared a quarterly dividend, which was paid on Friday, September 29th. Investors of record on Thursday, August 31st were given a dividend of $0.605 per share. This represents a $2.42 dividend on an annualized basis and a dividend yield of 2.12%. The ex-dividend date was Tuesday, August 29th. Union Pacific Corporation’s payout ratio is currently 43.84%.

A number of equities analysts have recently weighed in on the stock. Morgan Stanley cut shares of Union Pacific Corporation from an “overweight” rating to an “equal weight” rating and reduced their price target for the stock from $102.00 to $100.00 in a research report on Monday, October 2nd. Citigroup Inc. cut shares of Union Pacific Corporation from a “buy” rating to a “neutral” rating and set a $120.00 price target on the stock. in a research report on Wednesday. Robert W. Baird reissued a “hold” rating and set a $116.00 price target on shares of Union Pacific Corporation in a research report on Sunday, September 17th. BMO Capital Markets reissued a “buy” rating and set a $123.00 price target on shares of Union Pacific Corporation in a research report on Friday, September 15th. Finally, 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. Two investment analysts have rated the stock with a sell rating, thirteen have given a hold rating and six have given a buy rating to the company’s stock. Union Pacific Corporation currently has a consensus rating of “Hold” and an average price target of $113.26.

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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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