Stonebridge Capital Advisors LLC Has $809,000 Position in Union Pacific Corporation (UNP)

Stonebridge Capital Advisors LLC cut its stake in shares of Union Pacific Corporation (NYSE:UNP) by 11.6% during the first quarter, according to its most recent disclosure with the SEC. The fund owned 7,642 shares of the railroad operator’s stock after selling 1,000 shares during the period. Stonebridge Capital Advisors LLC’s holdings in Union Pacific Corporation were worth $809,000 at the end of the most recent quarter.

Other institutional investors have also recently modified their holdings of the company. Advantage Investment Management LLC boosted its position in Union Pacific Corporation by 263.7% in the first quarter. Advantage Investment Management LLC now owns 953 shares of the railroad operator’s stock worth $101,000 after buying an additional 691 shares in the last quarter. Mark Sheptoff Financial Planning LLC boosted its position in Union Pacific Corporation by 96.3% in the first quarter. Mark Sheptoff Financial Planning LLC now owns 1,021 shares of the railroad operator’s stock worth $108,000 after buying an additional 501 shares in the last quarter. Cable Hill Partners LLC boosted its position in Union Pacific Corporation by 6.1% in the first quarter. Cable Hill Partners LLC now owns 1,130 shares of the railroad operator’s stock worth $119,000 after buying an additional 65 shares in the last quarter. SRS Capital Advisors Inc. boosted its position in Union Pacific Corporation by 147.2% in the first quarter. SRS Capital Advisors Inc. now owns 1,152 shares of the railroad operator’s stock worth $122,000 after buying an additional 686 shares in the last quarter. Finally, American National Bank boosted its position in Union Pacific Corporation by 757.5% in the first quarter. American National Bank now owns 1,432 shares of the railroad operator’s stock worth $152,000 after buying an additional 1,265 shares in the last quarter. Institutional investors own 79.94% of the company’s stock.

Union Pacific Corporation (NYSE UNP) traded up 0.90% during midday trading on Wednesday, hitting $105.79. 792,744 shares of the stock were exchanged. The company’s 50 day moving average is $105.84 and its 200-day moving average is $107.64. Union Pacific Corporation has a 1-year low of $87.06 and a 1-year high of $115.15. The stock has a market cap of $84.67 billion, a PE ratio of 19.19 and a beta of 0.81.

Union Pacific Corporation (NYSE:UNP) last issued its earnings results on Thursday, July 20th. The railroad operator reported $1.45 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.39 by $0.06. Union Pacific Corporation had a net margin of 21.79% and a return on equity of 22.70%. The firm had revenue of $5.25 billion for the quarter, compared to analysts’ expectations of $5.19 billion. During the same quarter last year, the business earned $1.17 earnings per share. The business’s revenue was up 10.1% on a year-over-year basis. On average, analysts expect that Union Pacific Corporation will post $5.79 earnings per share for the current year.

The company also recently announced a quarterly dividend, which will be paid on Friday, September 29th. Stockholders of record on Thursday, August 31st will be issued a $0.605 dividend. This represents a $2.42 annualized dividend and a dividend yield of 2.31%. The ex-dividend date is Tuesday, August 29th. Union Pacific Corporation’s dividend payout ratio is 43.84%.

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A number of equities analysts recently issued reports on the stock. BMO Capital Markets reiterated a “buy” rating and set a $123.00 price objective on shares of Union Pacific Corporation in a research report on Friday, August 11th. BidaskClub cut shares of Union Pacific Corporation from a “sell” rating to a “strong sell” rating in a research report on Thursday, August 3rd. Wolfe Research cut shares of Union Pacific Corporation from an “outperform” rating to a “market perform” rating in a research report on Monday, August 7th. Stifel Nicolaus reiterated a “hold” rating and set a $118.00 price objective (up from $112.00) on shares of Union Pacific Corporation in a research report on Monday, July 24th. Finally, Royal Bank Of Canada reiterated a “hold” rating and set a $116.00 price objective on shares of Union Pacific Corporation in a research report on Friday, June 2nd. Two analysts have rated the stock with a sell rating, eleven have issued a hold rating and eight have given a buy rating to the company’s stock. The company has an average rating of “Hold” and a consensus target price of $112.10.

In other news, EVP Cameron A. Scott sold 17,604 shares of the firm’s stock in a transaction that occurred on 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 transaction, 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 Securities & Exchange Commission, 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.

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

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