Banco Santander S.A. significantly increased its stake in Union Pacific Corporation by 1,326.5% during the third quarter, purchasing 75,026 shares to now own 80,682 shares valued at $19.07 million. This comes as Union Pacific reported a slight miss on earnings and revenue expectations but maintains a “Moderate Buy” consensus rating from analysts with an average target price of $260.14. The company also announced a quarterly dividend of $1.38 per share, offering an annualized yield of around 2.1%.
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Banco Santander S.A. Acquires 75,026 Shares of Union Pacific Corporation $UNP
Banco Santander S.A. significantly increased its stake in Union Pacific Corporation by 1,326.5% during the third quarter, purchasing 75,026 shares to now own 80,682 shares valued at $19.07 million. This comes as Union Pacific reported a slight miss on earnings and revenue expectations but maintains a “Moderate Buy” consensus rating from analysts with an average target price of $260.14. The company also announced a quarterly dividend of $1.38 per share, offering an annualized yield of around 2.1%.