LLBH Private Wealth Management LLC maintained its stake in shares of Union Pacific Corporation (NYSE:UNP) during the second quarter, according to its most recent Form 13F filing with the SEC. The fund owned 3,200 shares of the railroad operator’s stock at the close of the second quarter. LLBH Private Wealth Management LLC’s holdings in Union Pacific Corporation were worth $349,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently modified their holdings of UNP. AQR Capital Management LLC raised its holdings in Union Pacific Corporation by 212.5% in the 1st quarter. AQR Capital Management LLC now owns 2,387,750 shares of the railroad operator’s stock worth $252,911,000 after purchasing an additional 1,623,701 shares in the last quarter. American Century Companies Inc. raised its holdings in Union Pacific Corporation by 102.4% in the 1st quarter. American Century Companies Inc. now owns 2,450,688 shares of the railroad operator’s stock worth $259,577,000 after purchasing an additional 1,239,636 shares in the last quarter. Harbour Capital Advisors LLC raised its holdings in Union Pacific Corporation by 11,520.3% in the 2nd quarter. Harbour Capital Advisors LLC now owns 1,127,981 shares of the railroad operator’s stock worth $10,357,000 after purchasing an additional 1,118,274 shares in the last quarter. Prudential Financial Inc. raised its holdings in Union Pacific Corporation by 82.9% in the 1st quarter. Prudential Financial Inc. now owns 2,223,820 shares of the railroad operator’s stock worth $235,547,000 after purchasing an additional 1,007,720 shares in the last quarter. Finally, OMERS ADMINISTRATION Corp bought a new position in Union Pacific Corporation in the 1st quarter worth $92,495,000. Institutional investors and hedge funds own 78.33% of the company’s stock.

Several research analysts have commented on UNP shares. Citigroup Inc. restated a “buy” rating and issued a $120.00 price objective on shares of Union Pacific Corporation in a report on Monday, July 10th. BMO Capital Markets reiterated a “buy” rating and issued a $123.00 price target on shares of Union Pacific Corporation in a research note on Friday, August 11th. Zacks Investment Research upgraded shares of Union Pacific Corporation from a “hold” rating to a “buy” rating and set a $122.00 price target for the company in a research note on Thursday, July 13th. Morgan Stanley lowered shares of Union Pacific Corporation from an “overweight” rating to an “equal weight” rating and decreased their price target for the stock from $102.00 to $100.00 in a research note on Monday, October 2nd. Finally, Royal Bank Of Canada reiterated a “hold” rating and issued a $115.00 price target on shares of Union Pacific Corporation in a research note on Friday, August 25th. Three investment analysts have rated the stock with a sell rating, fourteen have assigned a hold rating and five have assigned a buy rating to the company. Union Pacific Corporation has an average rating of “Hold” and a consensus price target of $113.36.

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Shares of Union Pacific Corporation (UNP) opened at 112.99 on Friday. The stock has a market cap of $90.44 billion, a P/E ratio of 20.49 and a beta of 0.84. Union Pacific Corporation has a one year low of $87.06 and a one year high of $116.93. The stock’s 50 day moving average is $112.08 and its 200-day moving average is $108.69.

Union Pacific Corporation (NYSE:UNP) last posted its quarterly earnings data on Thursday, July 20th. The railroad operator reported $1.45 earnings per share (EPS) 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 for the quarter, compared to the consensus estimate of $5.19 billion. During the same quarter in the prior year, the company posted $1.17 earnings per share. The company’s revenue for the quarter was up 10.1% compared to the same quarter last year. On average, equities analysts forecast that Union Pacific Corporation will post $5.76 EPS for the current year.

The business also recently disclosed a quarterly dividend, which was paid on Friday, September 29th. Stockholders of record on Thursday, August 31st were issued a dividend of $0.605 per share. The ex-dividend date of this dividend was Tuesday, August 29th. This represents a $2.42 annualized dividend and a dividend yield of 2.14%. Union Pacific Corporation’s dividend payout ratio (DPR) is currently 43.84%.

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.

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

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