126,236 Shares in Union Pacific Corporation $UNP Purchased by Trillium Asset Management LLC

Trillium Asset Management LLC bought a new position in Union Pacific Corporation (NYSE:UNP) during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 126,236 shares of the railroad operator’s stock, valued at approximately $34,337,000. Union Pacific comprises approximately 1.1% of Trillium Asset Management LLC’s portfolio, making the stock its 21st largest position.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Tucker Asset Management LLC acquired a new stake in shares of Union Pacific during the 4th quarter worth approximately $25,000. SWAN Capital LLC lifted its holdings in shares of Union Pacific by 2,575.0% in the 4th quarter. SWAN Capital LLC now owns 107 shares of the railroad operator’s stock worth $25,000 after purchasing an additional 103 shares during the last quarter. Rachor Investment Advisory Services LLC acquired a new position in Union Pacific during the 4th quarter valued at approximately $25,000. High Point Wealth Management LLC acquired a new position in Union Pacific during the 4th quarter valued at approximately $26,000. Finally, Scarborough Advisors LLC acquired a new position in Union Pacific during the 1st quarter valued at approximately $27,000. 80.38% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In other Union Pacific news, EVP Eric J. Gehringer sold 2,991 shares of the business’s stock in a transaction dated Wednesday, June 3rd. The shares were sold at an average price of $263.96, for a total transaction of $789,504.36. Following the sale, the executive vice president directly owned 43,012 shares in the company, valued at approximately $11,353,447.52. The trade was a 6.50% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Insiders own 0.22% of the company’s stock.

Union Pacific Trading Up 0.8%

NYSE:UNP opened at $304.34 on Friday. Union Pacific Corporation has a 1 year low of $210.84 and a 1 year high of $315.99. The stock has a market cap of $180.80 billion, a price-to-earnings ratio of 24.64, a PEG ratio of 3.08 and a beta of 0.96. The business has a fifty day moving average of $285.59 and a 200-day moving average of $267.31. The company has a debt-to-equity ratio of 1.40, a quick ratio of 0.82 and a current ratio of 0.99.

Union Pacific (NYSE:UNP) last issued its quarterly earnings data on Thursday, July 23rd. The railroad operator reported $3.41 earnings per share for the quarter, beating analysts’ consensus estimates of $3.26 by $0.15. Union Pacific had a net margin of 28.85% and a return on equity of 38.46%. The business had revenue of $6.86 billion for the quarter, compared to analysts’ expectations of $6.72 billion. During the same period in the previous year, the business earned $3.03 earnings per share. The company’s revenue was up 11.5% on a year-over-year basis. Equities analysts predict that Union Pacific Corporation will post 12.93 earnings per share for the current year.

Union Pacific Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, September 30th. Shareholders of record on Monday, August 31st will be paid a dividend of $1.42 per share. This represents a $5.68 annualized dividend and a yield of 1.9%. The ex-dividend date of this dividend is Monday, August 31st. This is a positive change from Union Pacific’s previous quarterly dividend of $1.38. Union Pacific’s dividend payout ratio is 44.70%.

Analysts Set New Price Targets

Several equities research analysts have weighed in on UNP shares. Robert W. Baird increased their target price on Union Pacific from $311.00 to $344.00 and gave the stock an “outperform” rating in a research report on Monday, July 27th. Citigroup boosted their price target on shares of Union Pacific from $326.00 to $349.00 and gave the company a “buy” rating in a report on Friday, July 24th. Weiss Ratings upgraded shares of Union Pacific from a “buy (b-)” rating to a “buy (b)” rating in a research report on Friday, July 24th. Raymond James Financial reaffirmed a “strong-buy” rating on shares of Union Pacific in a report on Monday, July 13th. Finally, The Goldman Sachs Group set a $317.00 price objective on shares of Union Pacific and gave the company a “neutral” rating in a research report on Thursday, July 23rd. Two analysts have rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and six have issued a Hold rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $320.89.

Union Pacific Profile

Union Pacific Corporation (NYSE: UNP) is one of the largest freight railroad companies in the United States. Its principal operating subsidiary, Union Pacific Railroad, has roots that trace back to the Pacific Railway Act of 1862 and the construction of the first transcontinental rail link completed in 1869. The company is headquartered in Omaha, Nebraska, and operates as a holding company for rail transportation and related services.

Union Pacific’s core business is the movement of freight by rail across an extensive rail network serving the western two?thirds of the United States.