Union Pacific Corporation (UNP) Stake Raised by Parsons Capital Management Inc. RI

Parsons Capital Management Inc. RI raised its stake in Union Pacific Corporation (NYSE:UNP) by 0.0% during the first quarter, Holdings Channel reports. The firm owned 7,885 shares of the railroad operator’s stock after buying an additional 3 shares during the period. Parsons Capital Management Inc. RI’s holdings in Union Pacific Corporation were worth $835,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also bought and sold shares of the company. Farmers & Merchants Trust Co of Chambersburg PA acquired a new position in Union Pacific Corporation during the fourth quarter valued at $116,000. Cable Hill Partners LLC raised its position in Union Pacific Corporation by 6.1% in the first quarter. Cable Hill Partners LLC now owns 1,130 shares of the railroad operator’s stock valued at $119,000 after buying an additional 65 shares during the period. Northwest Quadrant Wealth Management LLC acquired a new position in Union Pacific Corporation during the fourth quarter valued at $135,000. American National Bank raised its position in Union Pacific Corporation by 757.5% in the first quarter. American National Bank now owns 1,432 shares of the railroad operator’s stock valued at $152,000 after buying an additional 1,265 shares during the period. Finally, Dubuque Bank & Trust Co. raised its position in Union Pacific Corporation by 7.6% in the first quarter. Dubuque Bank & Trust Co. now owns 1,464 shares of the railroad operator’s stock valued at $155,000 after buying an additional 104 shares during the period. 79.26% of the stock is owned by hedge funds and other institutional investors.

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

Union Pacific Corporation (UNP) opened at 111.83 on Tuesday. The stock has a market cap of $90.30 billion, a P/E ratio of 21.37 and a beta of 0.84. The stock has a 50 day moving average price of $109.94 and a 200-day moving average price of $107.32. Union Pacific Corporation has a 52 week low of $81.96 and a 52 week high of $115.15.

Union Pacific Corporation (NYSE:UNP) last released its earnings results on Thursday, April 27th. The railroad operator reported $1.32 earnings per share for the quarter, beating analysts’ consensus estimates of $1.23 by $0.09. Union Pacific Corporation had a net margin of 21.37% and a return on equity of 21.53%. The company had revenue of $5.13 billion for the quarter, compared to analysts’ expectations of $5.03 billion. During the same quarter in the previous year, the company earned $1.16 EPS. Union Pacific Corporation’s revenue for the quarter was up 6.3% on a year-over-year basis. On average, equities analysts anticipate that Union Pacific Corporation will post $5.75 EPS for the current fiscal year.

The company also recently announced a quarterly dividend, which will be paid on Friday, June 30th. Investors of record on Wednesday, May 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 2.16%. The ex-dividend date of this dividend is Friday, May 26th. Union Pacific Corporation’s dividend payout ratio (DPR) is 46.18%.

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A number of analysts recently commented on UNP shares. Royal Bank Of Canada reaffirmed a “hold” rating and issued a $116.00 target price on shares of Union Pacific Corporation in a research report on Friday, June 2nd. Loop Capital reaffirmed a “hold” rating and issued a $96.00 target price on shares of Union Pacific Corporation in a research report on Wednesday, February 22nd. BMO Capital Markets reaffirmed a “buy” rating and issued a $123.00 target price on shares of Union Pacific Corporation in a research report on Friday, June 2nd. 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 report on Tuesday, May 30th. Finally, Citigroup Inc. reaffirmed a “buy” rating on shares of Union Pacific Corporation in a research report on Thursday, March 30th. One equities research analyst has rated the stock with a sell rating, ten have issued a hold rating, eleven have issued a buy rating and one has assigned a strong buy rating to the company’s stock. Union Pacific Corporation currently has an average rating of “Buy” and an average price target of $108.85.

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.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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