Mason Street Advisors LLC Reduces Stake in Union Pacific Corporation (UNP)
Mason Street Advisors LLC decreased its position in Union Pacific Corporation (NYSE:UNP) by 0.2% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 112,460 shares of the railroad operator’s stock after selling 275 shares during the period. Mason Street Advisors LLC’s holdings in Union Pacific Corporation were worth $11,912,000 as of its most recent filing with the SEC.
A number of other hedge funds and other institutional investors have also recently bought and sold shares of UNP. United Bank Inc. increased its position in Union Pacific Corporation by 8.4% in the first quarter. United Bank Inc. now owns 44,499 shares of the railroad operator’s stock worth $4,713,000 after buying an additional 3,444 shares during the period. Raymond James Financial Services Advisors Inc. increased its position in Union Pacific Corporation by 8.1% in the first quarter. Raymond James Financial Services Advisors Inc. now owns 545,905 shares of the railroad operator’s stock worth $57,823,000 after buying an additional 41,036 shares during the period. Shufro Rose & Co. LLC increased its position in Union Pacific Corporation by 2.7% in the first quarter. Shufro Rose & Co. LLC now owns 11,501 shares of the railroad operator’s stock worth $1,218,000 after buying an additional 301 shares during the period. Obermeyer Wood Investment Counsel Lllp increased its position in Union Pacific Corporation by 1.8% in the first quarter. Obermeyer Wood Investment Counsel Lllp now owns 2,823 shares of the railroad operator’s stock worth $299,000 after buying an additional 50 shares during the period. Finally, Beacon Trust Co. increased its position in Union Pacific Corporation by 1.5% in the first quarter. Beacon Trust Co. now owns 84,014 shares of the railroad operator’s stock worth $9,068,000 after buying an additional 1,233 shares during the period. 78.55% of the stock is currently owned by institutional investors and hedge funds.
Union Pacific Corporation (NYSE:UNP) traded down 0.31% during trading on Monday, hitting $104.92. The stock had a trading volume of 433,415 shares. The stock’s 50-day moving average price is $105.10 and its 200-day moving average price is $107.47. The company has a market capitalization of $83.98 billion, a P/E ratio of 19.03 and a beta of 0.81. Union Pacific Corporation has a 1-year low of $87.06 and a 1-year high of $115.15.
Union Pacific Corporation (NYSE:UNP) last released its quarterly earnings data on Thursday, July 20th. The railroad operator reported $1.45 earnings per share for the quarter, topping the Zacks’ consensus estimate of $1.39 by $0.06. The firm had revenue of $5.25 billion for the quarter, compared to analyst estimates of $5.19 billion. Union Pacific Corporation had a net margin of 21.79% and a return on equity of 22.70%. The business’s quarterly revenue was up 10.1% compared to the same quarter last year. During the same quarter in the prior year, the business earned $1.17 earnings per share. Analysts expect that Union Pacific Corporation will post $5.79 earnings per share for the current year.
The company also recently declared a quarterly dividend, which will be paid on Friday, September 29th. Investors of record on Thursday, August 31st will be given a dividend of $0.605 per share. The ex-dividend date of this dividend is Tuesday, August 29th. This represents a $2.42 annualized dividend and a yield of 2.30%. Union Pacific Corporation’s dividend payout ratio is presently 43.84%.
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A number of research analysts recently weighed in on the company. Royal Bank Of Canada reaffirmed a “hold” rating and set a $115.00 price target on shares of Union Pacific Corporation in a research note on Friday. Stifel Nicolaus upped their price target on Union Pacific Corporation from $118.00 to $120.00 and gave the stock a “hold” rating in a research note on Friday, August 18th. BidaskClub raised Union Pacific Corporation from a “strong sell” rating to a “sell” rating in a research note on Friday, August 18th. BMO Capital Markets reaffirmed a “buy” rating and set a $123.00 price target on shares of Union Pacific Corporation in a research note on Friday, August 11th. Finally, Wolfe Research downgraded Union Pacific Corporation from an “outperform” rating to a “market perform” rating in a research note on Monday, August 7th. Two research analysts have rated the stock with a sell rating, ten have assigned a hold rating and eight have given a buy rating to the company. The stock currently has a consensus rating of “Hold” and an average target price of $113.22.
In other news, EVP Cameron A. Scott sold 17,604 shares of Union Pacific Corporation stock in a transaction dated Friday, July 7th. The shares were sold at an average price of $107.60, for a total value of $1,894,190.40. Following the sale, the executive vice president now owns 95,470 shares in the company, valued at $10,272,572. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 0.20% of the stock is currently owned by company insiders.
About Union Pacific Corporation
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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