The stock is trading at $113.00 which is slightly above the 50 day moving average which is $105.56 and barely above the 200 day moving average of $107.35. The 50 day moving average went up by +7.05% and the 200 day average moved up $5.65. Trading volume for Union Pacific Corporation was 4,135K on Wednesday. Volume was down 14.27% under the stocks average daily volume.
Investors are feeling more bearish on shares of the company of late as inferred by the uptick in short interest. The company realized a rise in short interest of 41.41% as of August 31, 2017 from the last reporting period. Short interest increased 3,107,443 over that period. Days to cover increased from 2.0 to 4.0 and the percentage of shorted shares was 0.01% on August 31.
There has been some selling insider activity on Union Pacific Corporation (NYSE:UNP) recently. EVP & CHIEF OPERATING OFFICER Cameron A. Scott sold 17,604 shares at an average price of $107.60 on July 7th. Scott now owns $8,378,382 of stock as recorded in a recent Form 4 SEC filing.
The following firms have recently changed their position in UNP. Perigon Wealth Management, LLC expanded its holdings by buying 8,650 shares an increase of 347.5% as of 06/30/2017. Perigon Wealth Management, LLC controls 11,139 shares valued at $1,213,000. The value of the position overall is up by 359.5%. As of quarter end Gwm Advisors LLC had acquired a total of 3,649 shares growing its holdings by 106.4%. The value in dollars increased from $363,000 to $768,126,000 a change of $767,763,000 for the reporting period.
As of the end of the quarter Next Financial Group, Inc had sold 387 shares trimming its position 8.5%. The value of the investment in UNP went from $510,000 to $454,000,000 increasing 88,919.6% quarter to quarter. As of quarter end Koshinski Asset Management, Inc. had acquired a total of 939 shares growing its stake by 40.8%. The value of the total investment in Union Pacific Corporation went from $224,000 to $353,227,000 a change of 157,590.6% quarter over quarter.
On July 21, 2017 the stock rating was changed to “Hold” by Deutsche Bank which was a cut from the previous “Buy” rating.
The company is so far trading unchanged by %% since yesterday’s close of 113.00. Additionally the company announced a dividend for shareholders that will be paid on Friday September 29th, 2017. The dividend payment will be $0.605 per share for the quarter which comes to $2.42 on an annualized basis. This dividend represents a yield of $2.13. The ex-dividend date is Tuesday the 29th of August 2017.
The most current P/E ratio is 20.49 and market capitalization is 90.44B. In the latest earnings report the EPS was $5.51 and is projected to be $5.79 for the current year with 800,384,000 shares presently outstanding. Analysts expect next quarter’s EPS will be $1.51 with next year’s EPS anticipated to be $6.46.
Union Pacific Corporation, launched on February 3, 1969, 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. As of December 31, 2016, its network included 32,070 route miles, linking Pacific Coast and Gulf Coast ports with the Midwest and Eastern United States gateways. As of December 31, 2016, the Company owned 26,053 miles and operated on the remainder pursuant to trackage rights or leases. It serves the western two-thirds of the country and maintains coordinated schedules with other rail carriers for the handling of freight to and from the Atlantic Coast, the Pacific Coast, the Southeast, the Southwest, Canada and Mexico. Export and import traffic is moved through Gulf Coast and Pacific Coast ports and across the Mexican and Canadian borders..