Finivi Inc. Boosts Holdings in Union Pacific Corporation $UNP

Finivi Inc. raised its position in Union Pacific Corporation (NYSE:UNP - Free Report) by 404.2% during the 2nd quarter, according to its most recent filing with the SEC. The firm owned 5,491 shares of the railroad operator's stock after buying an additional 4,402 shares during the quarter. Finivi Inc.'s holdings in Union Pacific were worth $1,493,000 as of its most recent filing with the SEC.

Other large investors also recently bought and sold shares of the company. Vanguard Group Inc. boosted its holdings in shares of Union Pacific by 1.1% in the fourth quarter. Vanguard Group Inc. now owns 59,329,262 shares of the railroad operator's stock valued at $13,724,045,000 after acquiring an additional 659,378 shares in the last quarter. State Street Corp lifted its position in Union Pacific by 4.3% in the fourth quarter. State Street Corp now owns 26,330,080 shares of the railroad operator's stock valued at $6,090,674,000 after purchasing an additional 1,082,285 shares during the period. Capital World Investors lifted its position in Union Pacific by 92.1% in the fourth quarter. Capital World Investors now owns 20,136,349 shares of the railroad operator's stock valued at $4,658,142,000 after purchasing an additional 9,655,306 shares during the period. Geode Capital Management LLC boosted its holdings in Union Pacific by 2.0% in the 4th quarter. Geode Capital Management LLC now owns 15,360,668 shares of the railroad operator's stock valued at $3,552,550,000 after purchasing an additional 296,814 shares in the last quarter. Finally, Bank of America Corp DE boosted its holdings in Union Pacific by 16.8% in the 1st quarter. Bank of America Corp DE now owns 14,463,071 shares of the railroad operator's stock valued at $3,509,030,000 after purchasing an additional 2,084,808 shares in the last quarter. Hedge funds and other institutional investors own 80.38% of the company's stock.

Union Pacific Stock Down 0.1%

Union Pacific stock opened at $292.98 on Monday. The company has a debt-to-equity ratio of 1.40, a quick ratio of 0.82 and a current ratio of 0.99. The firm has a market capitalization of $174.05 billion, a price-to-earnings ratio of 23.72, a price-to-earnings-growth ratio of 3.00 and a beta of 0.96. Union Pacific Corporation has a fifty-two week low of $210.84 and a fifty-two week high of $315.99. The stock's fifty day moving average is $280.13 and its two-hundred day moving average is $263.07.

Union Pacific (NYSE:UNP - Get Free Report) last released its quarterly earnings results 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 return on equity of 38.46% and a net margin of 28.85%.The business had revenue of $6.86 billion during the quarter, compared to the consensus estimate of $6.72 billion. During the same quarter in the previous year, the company posted $3.03 EPS. The business's revenue was up 11.5% on a year-over-year basis. Analysts predict that Union Pacific Corporation will post 12.9 EPS for the current fiscal year.

Union Pacific Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, September 30th. Shareholders of record on Monday, August 31st will be given a dividend of $1.42 per share. The ex-dividend date is Monday, August 31st. This is an increase from Union Pacific's previous quarterly dividend of $1.38. This represents a $5.68 dividend on an annualized basis and a yield of 1.9%. Union Pacific's dividend payout ratio (DPR) is presently 44.70%.

Insider Transactions at Union Pacific

In other Union Pacific news, EVP Eric J. Gehringer sold 2,991 shares of the company's stock in a transaction dated Wednesday, June 3rd. The shares were sold at an average price of $263.96, for a total value of $789,504.36. Following the sale, the executive vice president owned 43,012 shares of the company's stock, valued at $11,353,447.52. This represents a 6.50% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 0.22% of the company's stock.

Analysts Set New Price Targets

A number of brokerages have recently issued reports on UNP. Stephens raised Union Pacific to a "strong-buy" rating in a research note on Wednesday, July 8th. Evercore restated an "outperform" rating and issued a $294.00 price target on shares of Union Pacific in a research note on Thursday, June 25th. Barclays reaffirmed an "overweight" rating and set a $350.00 price objective (up from $315.00) on shares of Union Pacific in a report on Friday, July 24th. Bank of America increased their price objective on Union Pacific from $301.00 to $334.00 and gave the stock a "buy" rating in a research report on Thursday, July 23rd. Finally, JPMorgan Chase & Co. raised their target price on Union Pacific from $304.00 to $334.00 and gave the company a "neutral" rating in a report on Friday, July 24th. Two investment analysts have rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and seven have assigned a Hold rating to the company's stock. According to MarketBeat.com, Union Pacific has an average rating of "Moderate Buy" and an average price target of $320.89.

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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