Union Pacific Co. (UNP) Shares Obtained by Court Place Advisors LLC

Union Pacific Co. (UNP) Shares Obtained by Court Place Advisors LLC

Court Place Advisors LLC boosted its stake in shares of Union Pacific Co. (NYSE:UNP) by 0.4% during the first quarter, Holdings Channel reports. The fund owned 7,506 shares of the railroad operator’s stock after buying an additional 29 shares during the period. Court Place Advisors LLC’s holdings in Union Pacific were worth $795,000 as of its most recent SEC filing.

A number of other large investors have also recently made changes to their positions in UNP. State Street Corp boosted its stake in shares of Union Pacific by 4.2% in the fourth quarter. State Street Corp now owns 34,558,403 shares of the railroad operator’s stock valued at $3,583,032,000 after buying an additional 1,407,325 shares during the last quarter. Dodge & Cox purchased a new stake in shares of Union Pacific during the fourth quarter valued at $1,452,729,000. Franklin Resources Inc. boosted its stake in shares of Union Pacific by 2.3% in the fourth quarter. Franklin Resources Inc. now owns 12,251,103 shares of the railroad operator’s stock valued at $1,270,194,000 after buying an additional 279,775 shares during the last quarter. Norges Bank bought a new stake in Union Pacific during the fourth quarter valued at approximately $841,976,000. Finally, Price T Rowe Associates Inc. MD boosted its stake in Union Pacific by 2.6% in the third quarter. Price T Rowe Associates Inc. MD now owns 6,134,417 shares of the railroad operator’s stock valued at $598,290,000 after buying an additional 154,512 shares in the last quarter. 79.43% of the stock is owned by institutional investors and hedge funds.

Shares of Union Pacific Co. (UNP) opened at 111.20 on Friday. The company has a market capitalization of $89.79 billion, a price-to-earnings ratio of 21.25 and a beta of 0.71. The firm’s 50-day moving average is $109.57 and its 200-day moving average is $106.49. Union Pacific Co. has a 1-year low of $81.96 and a 1-year high of $115.15.

Union Pacific (NYSE:UNP) last announced its earnings results on Thursday, April 27th. The railroad operator reported $1.32 EPS for the quarter, topping the Zacks’ consensus estimate of $1.23 by $0.09. The business had revenue of $5.13 billion during the quarter, compared to the consensus estimate of $5.03 billion. Union Pacific had a net margin of 21.23% and a return on equity of 20.88%. The firm’s revenue was up 6.3% on a year-over-year basis. During the same period in the previous year, the company posted $1.16 earnings per share. Analysts forecast that Union Pacific Co. will post $5.74 earnings per share for the current fiscal year.

The company also recently announced a quarterly dividend, which will be paid on Friday, June 30th. Shareholders of record on Wednesday, May 31st will be issued a $0.605 dividend. The ex-dividend date of this dividend is Friday, May 26th. This represents a $2.42 dividend on an annualized basis and a yield of 2.18%. Union Pacific’s dividend payout ratio is presently 47.64%.

Several research firms have recently commented on UNP. BMO Capital Markets reaffirmed a “buy” rating and issued a $123.00 target price on shares of Union Pacific in a research report on Friday. Royal Bank of Canada reaffirmed a “hold” rating and issued a $116.00 target price on shares of Union Pacific in a research report on Friday. Cowen and Company raised their target price on shares of Union Pacific from $109.00 to $117.00 and gave the stock a “market perform” rating in a research report on Friday, April 28th. Wells Fargo & Co began coverage on shares of Union Pacific in a research report on Monday, March 13th. They issued a “market perform” rating and a $115.00 target price for the company. Finally, Citigroup Inc reaffirmed a “buy” rating on shares of Union Pacific in a research report on Thursday, March 30th. One investment analyst has rated the stock with a sell rating, eleven have issued a hold rating, eleven have issued a buy rating and one has given a strong buy rating to the stock. The company has a consensus rating of “Buy” and a consensus price target of $108.85.

In other Union Pacific news, EVP Elizabeth F. Whited sold 1,000 shares of the business’s stock in a transaction dated Friday, March 10th. The shares were sold at an average price of $106.89, for a total value of $106,890.00. Following the completion of the transaction, the executive vice president now directly owns 50,583 shares in the company, valued at $5,406,816.87. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 0.14% of the company’s stock.

Union Pacific 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.new TradingView.widget({ “height”: 400, “width”: 625, “symbol”: “UNP”, “interval”: “D”, “timezone”: “Etc/UTC”, “theme”: “White”, “style”: “1”, “locale”: “en”, “toolbar_bg”: “#f1f3f6”, “enable_publishing”: false, “hideideas”: true, “referral_id”: “2588”});

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