Truist Financial Corp lifted its holdings in Union Pacific Co. (NYSE:UNP – Free Report) by 0.8% in the second quarter, according to its most recent disclosure with the SEC. The institutional investor owned 930,747 shares of the railroad operator’s stock after purchasing an additional 7,023 shares during the period. Truist Financial Corp owned approximately 0.15% of Union Pacific worth $210,591,000 at the end of the most recent reporting period.
Several other large investors have also recently added to or reduced their stakes in UNP. Old North State Trust LLC increased its position in shares of Union Pacific by 2.3% during the second quarter. Old North State Trust LLC now owns 3,170 shares of the railroad operator’s stock worth $717,000 after acquiring an additional 72 shares during the period. EP Wealth Advisors LLC grew its stake in Union Pacific by 3.0% during the 2nd quarter. EP Wealth Advisors LLC now owns 203,750 shares of the railroad operator’s stock worth $46,100,000 after purchasing an additional 5,992 shares in the last quarter. Kimelman & Baird LLC purchased a new stake in Union Pacific during the 2nd quarter worth about $23,826,000. Regal Investment Advisors LLC raised its position in Union Pacific by 10.2% in the 2nd quarter. Regal Investment Advisors LLC now owns 1,691 shares of the railroad operator’s stock valued at $383,000 after purchasing an additional 156 shares in the last quarter. Finally, Coastal Bridge Advisors LLC boosted its stake in shares of Union Pacific by 4.7% in the 2nd quarter. Coastal Bridge Advisors LLC now owns 3,371 shares of the railroad operator’s stock valued at $763,000 after buying an additional 152 shares during the period. 80.38% of the stock is owned by hedge funds and other institutional investors.
Insider Transactions at Union Pacific
In related news, President Elizabeth F. Whited sold 3,552 shares of the stock in a transaction dated Tuesday, July 30th. The shares were sold at an average price of $246.59, for a total transaction of $875,887.68. Following the completion of the transaction, the president now directly owns 64,945 shares of the company’s stock, valued at $16,014,787.55. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Company insiders own 0.28% of the company’s stock.
Wall Street Analysts Forecast Growth
View Our Latest Stock Analysis on UNP
Union Pacific Price Performance
Shares of UNP opened at $246.48 on Tuesday. The company has a debt-to-equity ratio of 1.89, a quick ratio of 0.86 and a current ratio of 1.05. Union Pacific Co. has a fifty-two week low of $199.33 and a fifty-two week high of $258.66. The firm has a 50-day simple moving average of $245.87 and a 200-day simple moving average of $238.82. The company has a market capitalization of $150.16 billion, a price-to-earnings ratio of 23.52, a price-to-earnings-growth ratio of 2.25 and a beta of 1.05.
Union Pacific (NYSE:UNP – Get Free Report) last announced its earnings results on Thursday, July 25th. The railroad operator reported $2.74 earnings per share for the quarter, beating the consensus estimate of $2.71 by $0.03. Union Pacific had a return on equity of 42.62% and a net margin of 26.90%. The company had revenue of $6.01 billion for the quarter, compared to the consensus estimate of $6.05 billion. During the same period last year, the business posted $2.57 EPS. The company’s revenue was up .7% on a year-over-year basis. On average, equities research analysts anticipate that Union Pacific Co. will post 11.1 earnings per share for the current year.
Union Pacific Increases Dividend
The company also recently disclosed a quarterly dividend, which was paid on Monday, September 30th. Shareholders of record on Friday, August 30th were given a dividend of $1.34 per share. The ex-dividend date was Friday, August 30th. This represents a $5.36 dividend on an annualized basis and a yield of 2.17%. This is an increase from Union Pacific’s previous quarterly dividend of $1.30. Union Pacific’s dividend payout ratio is presently 51.15%.
Union Pacific Company 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.
Featured Articles
- Five stocks we like better than Union Pacific
- Most Volatile Stocks, What Investors Need to Know
- TJX Stock: A Buying Opportunity Before the Holiday Rush
- What Makes a Stock a Good Dividend Stock?
- Micron’s Blowout Results Pave the Way for Seagate’s Stock Surge
- Why Are Stock Sectors Important to Successful Investing?
- Zeta Global’s AI Cloud: Your Secret Weapon for Massive Growth
Receive News & Ratings for Union Pacific Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Union Pacific and related companies with MarketBeat.com's FREE daily email newsletter.