Brentview Investment Management LLC lowered its stake in Union Pacific Corporation (NYSE:UNP – Free Report) by 1.7% in the second quarter, HoldingsChannel.com reports. The firm owned 15,677 shares of the railroad operator’s stock after selling 267 shares during the quarter. Union Pacific comprises 1.8% of Brentview Investment Management LLC’s investment portfolio, making the stock its 29th largest position. Brentview Investment Management LLC’s holdings in Union Pacific were worth $3,607,000 at the end of the most recent quarter.
Several other institutional investors have also recently bought and sold shares of UNP. XTX Topco Ltd boosted its holdings in Union Pacific by 51.1% in the first quarter. XTX Topco Ltd now owns 4,087 shares of the railroad operator’s stock valued at $966,000 after acquiring an additional 1,383 shares during the last quarter. Baker Avenue Asset Management LP lifted its position in Union Pacific by 34.6% during the 1st quarter. Baker Avenue Asset Management LP now owns 1,972 shares of the railroad operator’s stock valued at $466,000 after purchasing an additional 507 shares during the period. Cumberland Partners Ltd bought a new position in shares of Union Pacific in the 1st quarter valued at about $338,000. Banco Santander S.A. grew its position in shares of Union Pacific by 30.3% during the 1st quarter. Banco Santander S.A. now owns 6,036 shares of the railroad operator’s stock worth $1,426,000 after buying an additional 1,402 shares during the period. Finally, Liberty Wealth Management LLC raised its stake in shares of Union Pacific by 942.7% during the first quarter. Liberty Wealth Management LLC now owns 17,694 shares of the railroad operator’s stock worth $4,180,000 after buying an additional 15,997 shares during the last quarter. Institutional investors own 80.38% of the company’s stock.
Union Pacific Stock Up 0.8%
Shares of Union Pacific stock opened at $232.45 on Monday. The company has a market capitalization of $137.88 billion, a P/E ratio of 19.75, a price-to-earnings-growth ratio of 2.27 and a beta of 1.04. The company has a debt-to-equity ratio of 1.75, a current ratio of 0.75 and a quick ratio of 0.60. The business has a 50-day moving average of $225.97 and a two-hundred day moving average of $225.16. Union Pacific Corporation has a 1 year low of $204.66 and a 1 year high of $256.84.
Union Pacific Announces Dividend
The business also recently declared a quarterly dividend, which will be paid on Tuesday, December 30th. Stockholders of record on Friday, December 5th will be issued a $1.38 dividend. This represents a $5.52 annualized dividend and a dividend yield of 2.4%. The ex-dividend date is Friday, December 5th. Union Pacific’s dividend payout ratio is 46.90%.
Analyst Ratings Changes
UNP has been the topic of a number of recent research reports. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Union Pacific in a research note on Wednesday, October 8th. UBS Group set a $253.00 price objective on Union Pacific and gave the stock a “neutral” rating in a research note on Friday, October 3rd. TD Cowen dropped their price objective on Union Pacific from $258.00 to $257.00 and set a “buy” rating for the company in a report on Friday, October 24th. Susquehanna restated a “positive” rating and set a $272.00 target price (up previously from $257.00) on shares of Union Pacific in a report on Thursday, September 25th. Finally, Cowen restated a “buy” rating on shares of Union Pacific in a research report on Friday, October 24th. One equities research analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating and eleven have issued a Hold rating to the company. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $261.63.
View Our Latest Analysis on UNP
Union Pacific Profile
Union Pacific Corporation, through its subsidiary, Union Pacific Railroad Company, operates in the railroad business in the United States. The company offers transportation services for grain and grain products, fertilizers, food and refrigerated products, and coal and renewables to grain processors, animal feeders, ethanol producers, renewable biofuel producers, and other agricultural users; and construction products, industrial chemicals, plastics, forest products, specialized products, metals and ores, petroleum, liquid petroleum gases, soda ash, and sand, as well as finished automobiles, automotive parts, and merchandise in intermodal containers.
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