KAMES CAPITAL plc maintained its position in Union Pacific Corporation (NYSE:UNP) during the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 281,221 shares of the railroad operator’s stock at the end of the second quarter. KAMES CAPITAL plc’s holdings in Union Pacific Corporation were worth $30,614,000 as of its most recent SEC filing.
Other hedge funds also recently bought and sold shares of the company. Advantage Investment Management LLC raised its stake in Union Pacific Corporation by 263.7% in the first quarter. Advantage Investment Management LLC now owns 953 shares of the railroad operator’s stock valued at $101,000 after purchasing an additional 691 shares in the last quarter. Mark Sheptoff Financial Planning LLC raised its stake in Union Pacific Corporation by 96.3% in the first quarter. Mark Sheptoff Financial Planning LLC now owns 1,021 shares of the railroad operator’s stock valued at $108,000 after purchasing an additional 501 shares in the last quarter. Proficio Capital Partners LLC raised its stake in Union Pacific Corporation by 36.3% in the first quarter. Proficio Capital Partners LLC now owns 1,028 shares of the railroad operator’s stock valued at $111,000 after purchasing an additional 274 shares in the last quarter. SRS Capital Advisors Inc. raised its stake in Union Pacific Corporation by 147.2% in the first quarter. SRS Capital Advisors Inc. now owns 1,152 shares of the railroad operator’s stock valued at $122,000 after purchasing an additional 686 shares in the last quarter. Finally, Ullmann Financial Group Inc. acquired a new position in Union Pacific Corporation in the first quarter valued at about $122,000. 78.56% of the stock is owned by institutional investors and hedge funds.
In other Union Pacific Corporation news, EVP Cameron A. Scott sold 17,604 shares of Union Pacific Corporation stock in a transaction that occurred on Friday, July 7th. The stock was sold at an average price of $107.60, for a total value of $1,894,190.40. Following the transaction, the executive vice president now directly owns 95,470 shares of the company’s stock, valued at approximately $10,272,572. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 0.20% of the stock is owned by insiders.
Shares of Union Pacific Corporation (NYSE:UNP) traded up 2.29% during mid-day trading on Friday, reaching $113.40. The company had a trading volume of 8,269,901 shares. The stock has a 50 day moving average price of $105.02 and a 200 day moving average price of $107.33. The firm has a market capitalization of $90.76 billion, a PE ratio of 20.57 and a beta of 0.81. Union Pacific Corporation has a 12-month low of $87.06 and a 12-month high of $115.15.
Union Pacific Corporation (NYSE:UNP) last announced its quarterly earnings results 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 business 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 business’s quarterly revenue was up 10.1% on a year-over-year basis. During the same period in the previous year, the firm earned $1.17 EPS. On average, equities analysts forecast that Union Pacific Corporation will post $5.79 earnings per share for the current year.
The business also recently declared a quarterly dividend, which will be paid on Friday, September 29th. Shareholders of record on Thursday, August 31st will be paid a $0.605 dividend. The ex-dividend date of this dividend is Tuesday, August 29th. This represents a $2.42 dividend on an annualized basis and a yield of 2.13%. Union Pacific Corporation’s dividend payout ratio (DPR) is currently 43.84%.
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Several research analysts have commented on UNP shares. Stifel Nicolaus reissued a “hold” rating and set a $118.00 target price (up previously from $112.00) on shares of Union Pacific Corporation in a research note on Monday, July 24th. Zacks Investment Research raised Union Pacific Corporation from a “hold” rating to a “buy” rating and set a $122.00 target price for the company in a research note on Tuesday, May 30th. BidaskClub downgraded Union Pacific Corporation from a “hold” rating to a “sell” rating in a research note on Thursday, July 27th. Credit Suisse Group boosted their target price on Union Pacific Corporation from $129.00 to $131.00 and gave the stock a “buy” rating in a research note on Friday, May 26th. Finally, Royal Bank Of Canada reissued a “hold” rating and set a $116.00 target price on shares of Union Pacific Corporation in a research note on Friday, June 2nd. 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 company has an average rating of “Hold” and an average target price of $113.22.
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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