13,067 Shares in Union Pacific Corporation $UNP Acquired by Van Hulzen Asset Management LLC

Van Hulzen Asset Management LLC acquired a new stake in shares of Union Pacific Corporation (NYSE:UNP - Free Report) during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm acquired 13,067 shares of the railroad operator's stock, valued at approximately $3,554,000.

Other institutional investors have also recently added to or reduced their stakes in the company. State Street Corp increased its position in Union Pacific by 4.3% during the fourth quarter. State Street Corp now owns 26,330,080 shares of the railroad operator's stock worth $6,090,674,000 after buying an additional 1,082,285 shares during the last quarter. Capital World Investors lifted its position in shares of Union Pacific by 92.1% in the fourth quarter. Capital World Investors now owns 20,136,349 shares of the railroad operator's stock worth $4,658,142,000 after buying an additional 9,655,306 shares during the last quarter. Geode Capital Management LLC lifted its position in shares of Union Pacific by 2.0% in the fourth quarter. Geode Capital Management LLC now owns 15,360,668 shares of the railroad operator's stock worth $3,552,550,000 after buying an additional 296,814 shares during the last quarter. Bank of America Corp DE boosted its stake in shares of Union Pacific by 16.8% during the 1st quarter. Bank of America Corp DE now owns 14,463,071 shares of the railroad operator's stock worth $3,509,030,000 after acquiring an additional 2,084,808 shares in the last quarter. Finally, Morgan Stanley boosted its stake in shares of Union Pacific by 5.0% during the 4th quarter. Morgan Stanley now owns 12,636,050 shares of the railroad operator's stock worth $2,922,971,000 after acquiring an additional 602,647 shares in the last quarter. 80.38% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at Union Pacific

In other news, EVP Eric J. Gehringer sold 2,991 shares of the business's stock in a transaction dated Wednesday, June 3rd. The shares were sold at an average price of $263.96, for a total transaction of $789,504.36. Following the transaction, the executive vice president owned 43,012 shares in the company, valued at approximately $11,353,447.52. The trade was a 6.50% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 0.22% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

Several research firms recently weighed in on UNP. Citizens Jmp assumed coverage on Union Pacific in a report on Wednesday, July 15th. They issued an "outperform" rating and a $350.00 target price for the company. Stephens raised shares of Union Pacific to a "strong-buy" rating in a research report on Wednesday, July 8th. Weiss Ratings upgraded shares of Union Pacific from a "buy (b-)" rating to a "buy (b)" rating in a research note on Friday, July 24th. JPMorgan Chase & Co. upped their price objective on shares of Union Pacific from $304.00 to $334.00 and gave the stock a "neutral" rating in a report on Friday, July 24th. Finally, Susquehanna lifted their target price on shares of Union Pacific from $305.00 to $333.00 and gave the stock a "positive" rating in a report on Tuesday, July 14th. Two analysts have rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and six have assigned a Hold rating to the company. According to MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $320.89.

Union Pacific Stock Up 0.6%

Shares of UNP stock opened at $309.83 on Tuesday. Union Pacific Corporation has a 12 month low of $210.84 and a 12 month high of $315.99. The company has a quick ratio of 0.82, a current ratio of 0.99 and a debt-to-equity ratio of 1.40. The firm has a market cap of $184.06 billion, a PE ratio of 25.09, a price-to-earnings-growth ratio of 3.14 and a beta of 0.96. The stock has a 50 day moving average of $287.14 and a 200-day moving average of $268.31.

Union Pacific (NYSE:UNP - Get Free Report) last announced its quarterly earnings data on Thursday, July 23rd. The railroad operator reported $3.41 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.26 by $0.15. Union Pacific had a net margin of 28.85% and a return on equity of 38.46%. The business had revenue of $6.86 billion for the quarter, compared to the consensus estimate of $6.72 billion. During the same quarter last year, the company posted $3.03 earnings per share. Union Pacific's quarterly revenue was up 11.5% on a year-over-year basis. On average, equities analysts predict that Union Pacific Corporation will post 12.93 EPS for the current year.

Union Pacific Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, September 30th. Shareholders of record on Monday, August 31st will be given a $1.42 dividend. The ex-dividend date is Monday, August 31st. This represents a $5.68 annualized dividend and a yield of 1.8%. This is a positive change from Union Pacific's previous quarterly dividend of $1.38. Union Pacific's dividend payout ratio (DPR) is 45.99%.

Union Pacific Company Profile

Union Pacific Corporation NYSE: UNP is one of the largest freight railroad companies in the United States. Its principal operating subsidiary, Union Pacific Railroad, has roots that trace back to the Pacific Railway Act of 1862 and the construction of the first transcontinental rail link completed in 1869. The company is headquartered in Omaha, Nebraska, and operates as a holding company for rail transportation and related services.

Union Pacific's core business is the movement of freight by rail across an extensive rail network serving the western two‑thirds of the United States.

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