HighPoint Advisor Group LLC lowered its position in Union Pacific Co. (NYSE:UNP) by 5.6% in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 11,094 shares of the railroad operator’s stock after selling 652 shares during the period. HighPoint Advisor Group LLC’s holdings in Union Pacific were worth $1,656,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Lenox Wealth Advisors LLC bought a new stake in shares of Union Pacific in the 2nd quarter valued at $105,000. Landaas & Co. WI ADV bought a new stake in shares of Union Pacific in the 2nd quarter valued at $133,000. grace capital bought a new stake in shares of Union Pacific in the 2nd quarter valued at $142,000. Exane Derivatives increased its position in shares of Union Pacific by 85.1% in the 2nd quarter. Exane Derivatives now owns 1,096 shares of the railroad operator’s stock valued at $155,000 after buying an additional 504 shares in the last quarter. Finally, Brand Asset Management Group Inc. bought a new stake in shares of Union Pacific in the 2nd quarter valued at $169,000. Institutional investors and hedge funds own 80.39% of the company’s stock.

In other news, EVP Lynden L. Tennison sold 8,450 shares of the stock in a transaction dated Tuesday, August 28th. The shares were sold at an average price of $151.72, for a total transaction of $1,282,034.00. Following the completion of the transaction, the executive vice president now directly owns 53,978 shares in the company, valued at approximately $8,189,542.16. The transaction was disclosed in a document filed with the SEC, which is available at this link. Corporate insiders own 0.20% of the company’s stock.

A number of equities analysts have issued reports on the company. Loop Capital upgraded Union Pacific from a “hold” rating to a “buy” rating in a report on Tuesday. Cowen reiterated a “hold” rating and set a $151.00 target price on shares of Union Pacific in a report on Tuesday. Robert W. Baird increased their target price on Union Pacific from $144.00 to $155.00 and gave the stock a “neutral” rating in a report on Monday, June 4th. Credit Suisse Group increased their target price on Union Pacific from $160.00 to $165.00 and gave the stock an “outperform” rating in a report on Friday, June 1st. Finally, BMO Capital Markets increased their target price on Union Pacific from $158.00 to $165.00 and gave the stock an “outperform” rating in a report on Friday, June 1st. Two equities research analysts have rated the stock with a sell rating, twelve have issued a hold rating and eleven have issued a buy rating to the stock. Union Pacific presently has a consensus rating of “Hold” and an average target price of $147.35.

Union Pacific stock opened at $156.71 on Tuesday. Union Pacific Co. has a one year low of $108.71 and a one year high of $157.95. The company has a debt-to-equity ratio of 1.07, a current ratio of 1.03 and a quick ratio of 0.85. The stock has a market cap of $116.40 billion, a PE ratio of 27.07, a price-to-earnings-growth ratio of 1.90 and a beta of 0.82.

Union Pacific (NYSE:UNP) last posted its quarterly earnings data on Thursday, July 19th. The railroad operator reported $1.98 EPS for the quarter, topping the Zacks’ consensus estimate of $1.94 by $0.04. Union Pacific had a net margin of 51.31% and a return on equity of 23.63%. The company had revenue of $5.67 billion during the quarter, compared to the consensus estimate of $5.65 billion. During the same period in the prior year, the business posted $1.45 EPS. The company’s quarterly revenue was up 8.0% on a year-over-year basis. sell-side analysts expect that Union Pacific Co. will post 7.76 earnings per share for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, September 28th. Stockholders of record on Friday, August 31st will be paid a dividend of $0.80 per share. This represents a $3.20 dividend on an annualized basis and a dividend yield of 2.04%. This is an increase from Union Pacific’s previous quarterly dividend of $0.73. The ex-dividend date is Thursday, August 30th. Union Pacific’s dividend payout ratio is currently 55.27%.

About Union Pacific

Union Pacific Corporation, through its subsidiary, Union Pacific Railroad Company, operates railroads in the United States. It offers transportation services for agricultural products, including grains, commodities produced from grains, and food and beverage products; automotive, such as finished vehicles and automotive parts; and chemicals comprising industrial chemicals, plastics, fertilizers, petroleum and liquid petroleum gases, crude oil, and soda ash.

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

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