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Union Pacific reports strong earnings, boosts dividend, as investment firms adjust stakes.
Several investment firms have adjusted their stakes in Union Pacific Corporation (UNP), a major U.S. railroad operator.
MGO One Seven LLC now holds a $2.85 million stake, while Mengis Capital Management Inc. increased its holdings by 3.5%.
Union Pacific reported strong earnings, surpassing analyst estimates, and announced a quarterly dividend of $1.38 per share.
The stock has a "Moderate Buy" rating and a consensus price target of $258.21.
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Union Pacific reporta fuertes ganancias, aumenta el dividendo, mientras las empresas de inversión ajustan sus apuestas.