Envestnet Asset Management Inc. has increased its stake in Union Pacific Co. (NYSE:UNP) by 0.4% during the fourth quarter, owning 2,016,909 shares worth $495,393,000. Other hedge funds and institutional investors have also modified their holdings of the company. Union Pacific's stock performance opened at $227.97 on Friday, with a 50-day moving average of $237.04 and a 200-day moving average of $240.49. The company has a market cap of $139.09 billion, a PE ratio of 21.75, and a beta of 1.05. Union Pacific reported $2.69 earnings per share for the quarter, beating the consensus estimate of $2.50 by $0.19. The company had revenue of $6.03 billion for the quarter, compared to analyst estimates of $5.97 billion. Union Pacific announced a quarterly dividend of $1.30 per share, payable on June 28th to shareholders of record on May 31st. The ex-dividend date of this dividend is also May 31st. Union Pacific Corporation operates in the railroad business in the United States, offering transportation services for various products. [1ddc86af]
Eventide Asset Management LLC has purchased $7.05 million worth of shares in Pinnacle Financial Partners, Inc. (NASDAQ:PNFP), according to a recent 13F filing with the Securities & Exchange Commission. The investment firm acquired 80,841 shares of the financial services provider's stock, representing approximately 0.11% ownership. Other institutional investors and hedge funds have also made changes to their positions in the company. Pinnacle Financial Partners' stock is currently trading at $74.99 on the NASDAQ, with a market cap of $5.79 billion. The company recently reported quarterly earnings of $1.53 per share, beating analysts' estimates. Pinnacle Financial Partners also announced a quarterly dividend of $0.22 per share, representing a dividend yield of 1.17%. [77b18b75]
Greenwood Capital Associates LLC has acquired a new position in Prudential Financial, Inc. (NYSE:PRU) by acquiring 10,479 shares of the company's stock, valued at approximately $1,087,000. Other hedge funds and institutional investors have also recently added to or reduced their stakes in the stock. Prudential Financial's stock performance on the NYSE shows that it traded down $0.86 during mid-day trading on Friday, hitting $113.11. The company's 50-day simple moving average is $115.09 and its 200-day simple moving average is $109.75. The company has a market cap of $40.61 billion, a price-to-earnings ratio of 19.24, a PEG ratio of 0.85, and a beta of 1.35. Prudential Financial reported $3.12 EPS for the quarter, missing the consensus estimate of $3.16 by ($0.04). The company had revenue of $15.01 billion for the quarter, compared to the consensus estimate of $14.50 billion. Prudential Financial also announced a quarterly dividend of $1.30 per share, representing a dividend yield of 4.60%. Several analysts have recently issued reports on the stock, with Evercore ISI increasing their price target from $115.00 to $116.00 and giving the stock an 'underperform' rating. Prudential Financial, Inc. provides insurance, investment management, and other financial products and services in the United States and internationally. [8c66b600]