Norman Fields Gottscho Capital Management LLC Has $5.24 Million Holdings in Union Pacific Corporation (UNP)

Norman Fields Gottscho Capital Management LLC cut its stake in Union Pacific Corporation (NYSE:UNP) by 0.8% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 48,103 shares of the railroad operator’s stock after selling 382 shares during the quarter. Union Pacific Corporation makes up approximately 3.3% of Norman Fields Gottscho Capital Management LLC’s investment portfolio, making the stock its 8th largest position. Norman Fields Gottscho Capital Management LLC’s holdings in Union Pacific Corporation were worth $5,239,000 at the end of the most recent reporting period.

A number of other large investors also recently made changes to their positions in the business. Summit Asset Management LLC increased its position in shares of Union Pacific Corporation by 0.3% in the first quarter. Summit Asset Management LLC now owns 7,206 shares of the railroad operator’s stock valued at $763,000 after buying an additional 19 shares in the last quarter. Family Firm Inc. increased its position in shares of Union Pacific Corporation by 0.5% in the first quarter. Family Firm Inc. now owns 4,178 shares of the railroad operator’s stock valued at $443,000 after buying an additional 21 shares in the last quarter. Court Place Advisors LLC increased its position in shares of Union Pacific Corporation by 0.4% in the first quarter. Court Place Advisors LLC now owns 7,506 shares of the railroad operator’s stock valued at $795,000 after buying an additional 29 shares in the last quarter. Tortoise Investment Management LLC increased its position in shares of Union Pacific Corporation by 1.2% in the first quarter. Tortoise Investment Management LLC now owns 2,540 shares of the railroad operator’s stock valued at $269,000 after buying an additional 30 shares in the last quarter. Finally, Highland Private Wealth Management increased its position in shares of Union Pacific Corporation by 1.6% in the first quarter. Highland Private Wealth Management now owns 1,978 shares of the railroad operator’s stock valued at $210,000 after buying an additional 32 shares in the last quarter. 78.56% of the stock is owned by institutional investors.

Shares of Union Pacific Corporation (UNP) traded up 2.29% during midday trading on Friday, reaching $113.40. The company’s stock had a trading volume of 8,269,901 shares. The firm has a market capitalization of $90.76 billion, a price-to-earnings ratio of 20.57 and a beta of 0.81. The firm’s 50 day moving average is $105.02 and its 200 day moving average is $107.33. Union Pacific Corporation has a 52 week low of $87.06 and a 52 week high of $115.15.

Union Pacific Corporation (NYSE:UNP) last issued its quarterly earnings data on Thursday, July 20th. The railroad operator reported $1.45 EPS for the quarter, topping the Zacks’ consensus estimate of $1.39 by $0.06. The company had revenue of $5.25 billion for the quarter, compared to analysts’ expectations of $5.19 billion. Union Pacific Corporation had a return on equity of 22.70% and a net margin of 21.79%. The firm’s quarterly revenue was up 10.1% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.17 earnings per share. Equities analysts forecast that Union Pacific Corporation will post $5.79 EPS for the current fiscal year.

The business also recently disclosed a quarterly dividend, which will be paid on Friday, September 29th. Shareholders of record on Thursday, August 31st will be paid a dividend of $0.605 per share. This represents a $2.42 dividend on an annualized basis and a dividend yield of 2.13%. The ex-dividend date of this dividend is Tuesday, August 29th. Union Pacific Corporation’s dividend payout ratio is presently 43.84%.

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A number of research firms have recently commented on UNP. BMO Capital Markets restated a “buy” rating and issued a $123.00 price objective on shares of Union Pacific Corporation in a research report on Friday. Royal Bank Of Canada restated a “hold” rating and issued a $115.00 price objective on shares of Union Pacific Corporation in a research report on Friday, August 25th. Stifel Nicolaus boosted their price objective on Union Pacific Corporation from $118.00 to $120.00 and gave the company a “hold” rating in a research report on Friday, August 18th. BidaskClub upgraded Union Pacific Corporation from a “strong sell” rating to a “sell” rating in a research report on Friday, August 18th. Finally, Wolfe Research cut Union Pacific Corporation from an “outperform” rating to a “market perform” rating in a research report on Monday, August 7th. Two investment analysts have rated the stock with a sell rating, ten have assigned a hold rating and eight have assigned a buy rating to the stock. The stock has a consensus rating of “Hold” and a consensus price target of $113.22.

In other Union Pacific Corporation news, EVP Cameron A. Scott sold 17,604 shares of the business’s stock in a transaction dated Friday, July 7th. The stock was sold at an average price of $107.60, for a total transaction of $1,894,190.40. Following the transaction, the executive vice president now owns 95,470 shares in the company, valued at $10,272,572. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website. 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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