Summit Global Investments increased its stake in Union Pacific Corporation (NYSE:UNP) by 23.1% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 5,800 shares of the railroad operator’s stock after purchasing an additional 1,090 shares during the quarter. Summit Global Investments’ holdings in Union Pacific Corporation were worth $632,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds also recently modified their holdings of UNP. America First Investment Advisors LLC increased its stake in Union Pacific Corporation by 18.2% in the 1st quarter. America First Investment Advisors LLC now owns 2,441 shares of the railroad operator’s stock worth $259,000 after purchasing an additional 375 shares in the last quarter. Ardevora Asset Management LLP increased its stake in Union Pacific Corporation by 0.5% in the 1st quarter. Ardevora Asset Management LLP now owns 211,000 shares of the railroad operator’s stock worth $22,349,000 after purchasing an additional 1,000 shares in the last quarter. Parkwood LLC purchased a new position in Union Pacific Corporation in the 1st quarter worth about $321,000. YorkBridge Wealth Partners LLC increased its stake in Union Pacific Corporation by 43.3% in the 1st quarter. YorkBridge Wealth Partners LLC now owns 2,466 shares of the railroad operator’s stock worth $274,000 after purchasing an additional 745 shares in the last quarter. Finally, Joel Isaacson & Co. LLC increased its stake in Union Pacific Corporation by 6.2% in the 1st quarter. Joel Isaacson & Co. LLC now owns 5,646 shares of the railroad operator’s stock worth $598,000 after purchasing an additional 328 shares in the last quarter. 79.80% of the stock is currently owned by hedge funds and other institutional investors.

Shares of Union Pacific Corporation (NYSE UNP) opened at $116.01 on Tuesday. Union Pacific Corporation has a 1-year low of $100.00 and a 1-year high of $119.71. The company has a quick ratio of 0.97, a current ratio of 1.16 and a debt-to-equity ratio of 0.83. The firm has a market capitalization of $91,090.00, a P/E ratio of 20.43, a P/E/G ratio of 1.87 and a beta of 0.87.

Union Pacific Corporation (NYSE:UNP) last posted its earnings results on Thursday, October 26th. The railroad operator reported $1.50 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $1.49 by $0.01. Union Pacific Corporation had a return on equity of 23.35% and a net margin of 21.84%. The firm had revenue of $5.41 billion during the quarter, compared to analyst estimates of $5.32 billion. During the same period in the previous year, the company earned $1.36 EPS. The company’s revenue for the quarter was up 4.5% on a year-over-year basis. analysts predict that Union Pacific Corporation will post 5.78 earnings per share for the current year.

The business also recently announced a quarterly dividend, which will be paid on Thursday, December 28th. Investors of record on Thursday, November 30th will be issued a $0.665 dividend. This is a positive change from Union Pacific Corporation’s previous quarterly dividend of $0.61. This represents a $2.66 annualized dividend and a yield of 2.29%. The ex-dividend date of this dividend is Wednesday, November 29th. Union Pacific Corporation’s payout ratio is 42.83%.

UNP has been the topic of a number of analyst reports. Zacks Investment Research cut Union Pacific Corporation from a “buy” rating to a “hold” rating in a research note on Monday, July 24th. Stifel Nicolaus reissued a “hold” rating and issued a $118.00 price target (up previously from $112.00) on shares of Union Pacific Corporation in a research note on Monday, July 24th. BidaskClub cut Union Pacific Corporation from a “hold” rating to a “sell” rating in a research note on Thursday, July 27th. Wolfe Research cut Union Pacific Corporation from an “outperform” rating to a “market perform” rating in a research note on Monday, August 7th. Finally, BMO Capital Markets restated a “buy” rating and set a $123.00 price objective on shares of Union Pacific Corporation in a research report on Friday, August 11th. Four investment analysts have rated the stock with a sell rating, sixteen have assigned a hold rating and four have issued a buy rating to the company. The stock currently has an average rating of “Hold” and a consensus target price of $117.59.

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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.

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

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