Union Pacific Corp. (UNP) Stake Held by Independent Investors Inc.

Independent Investors Inc. continued to hold its position in shares of Union Pacific Corp. (NYSE:UNP) during the second quarter, Holdings Channel reports. The fund owned 16,150 shares of the railroad operator’s stock at the end of the second quarter. Independent Investors Inc.’s holdings in Union Pacific Corp. were worth $1,409,000 as of its most recent filing with the SEC.

A number of other institutional investors have also recently modified their holdings of UNP. Stearns Financial Services Group raised its position in shares of Union Pacific Corp. by 27.6% in the first quarter. Stearns Financial Services Group now owns 5,698 shares of the railroad operator’s stock valued at $453,000 after buying an additional 1,234 shares in the last quarter. Sentry Investment Management LLC raised its position in shares of Union Pacific Corp. by 3.8% in the first quarter. Sentry Investment Management LLC now owns 66,520 shares of the railroad operator’s stock valued at $5,292,000 after buying an additional 2,449 shares in the last quarter. Massmutual Trust Co. FSB ADV raised its position in shares of Union Pacific Corp. by 95.3% in the first quarter. Massmutual Trust Co. FSB ADV now owns 50,941 shares of the railroad operator’s stock valued at $4,052,000 after buying an additional 24,864 shares in the last quarter. Holowesko Partners Ltd. purchased a new position in shares of Union Pacific Corp. during the first quarter valued at about $15,608,000. Finally, NN Investment Partners Holdings N.V. purchased a new position in shares of Union Pacific Corp. during the first quarter valued at about $1,571,000. Hedge funds and other institutional investors own 78.08% of the company’s stock.

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

Union Pacific Corp. (NYSE:UNP) traded up 0.41% during trading on Wednesday, reaching $97.12. The company’s stock had a trading volume of 3,707,266 shares. The stock’s 50-day moving average is $95.52 and its 200 day moving average is $89.82. Union Pacific Corp. has a 12 month low of $67.06 and a 12 month high of $98.84. The company has a market cap of $80.89 billion, a P/E ratio of 18.91 and a beta of 0.84.

The business also recently announced a quarterly dividend, which was paid on Friday, September 30th. Shareholders of record on Wednesday, August 31st were paid a dividend of $0.55 per share. The ex-dividend date was Monday, August 29th. This represents a $2.20 dividend on an annualized basis and a dividend yield of 2.27%. Union Pacific Corp.’s payout ratio is presently 42.80%.

UNP has been the topic of several analyst reports. Howard Weil lowered Union Pacific Corp. to a “sector perform” rating in a research note on Tuesday, June 21st. Vetr upgraded Union Pacific Corp. from a “hold” rating to a “buy” rating and set a $86.92 price objective on the stock in a research note on Monday, June 27th. BMO Capital Markets reiterated an “outperform” rating and issued a $100.00 price objective on shares of Union Pacific Corp. in a research note on Thursday, July 7th. Deutsche Bank AG lowered Union Pacific Corp. from a “buy” rating to a “hold” rating and set a $94.00 price objective on the stock. in a research note on Wednesday, July 20th. Finally, Argus reiterated a “buy” rating and issued a $100.00 price objective on shares of Union Pacific Corp. in a research note on Monday, July 25th. Three equities research analysts have rated the stock with a sell rating, ten have given a hold rating and thirteen have assigned a buy rating to the company. The company has a consensus rating of “Hold” and an average price target of $96.12.

In other Union Pacific Corp. news, EVP Cameron A. Scott sold 6,484 shares of the business’s stock in a transaction on Friday, October 7th. The shares were sold at an average price of $98.44, for a total transaction of $638,284.96. Following the sale, the executive vice president now owns 71,320 shares of the company’s stock, valued at $7,020,740.80. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, EVP Robert M. Knight, Jr. sold 10,000 shares of the business’s stock in a transaction on Thursday, September 1st. The stock was sold at an average price of $95.24, for a total transaction of $952,400.00. Following the sale, the executive vice president now directly owns 150,660 shares in the company, valued at approximately $14,348,858.40. The disclosure for this sale can be found here. Company insiders own 0.14% of the company’s stock.

About Union Pacific Corp.

Union Pacific Corporation operates through its principal operating company, Union Pacific Railroad Company. Union Pacific Railroad Company links approximately 20 states in the western two-thirds of the country by rail, providing link in the supply chain. The Company’s business mix includes agricultural products, automotive, chemicals, coal, industrial products and intermodal.

5 Day Chart for NYSE:UNP

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