Union Pacific Corporation $UNP Shares Sold by Intech Investment Management LLC

Intech Investment Management LLC reduced its position in shares of Union Pacific Corporation (NYSE:UNP) by 16.0% in the 1st quarter, Holdings Channel.com reports. The firm owned 22,797 shares of the railroad operator’s stock after selling 4,333 shares during the quarter. Intech Investment Management LLC’s holdings in Union Pacific were worth $5,386,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Focus Partners Wealth increased its position in Union Pacific by 36.4% during the first quarter. Focus Partners Wealth now owns 179,427 shares of the railroad operator’s stock worth $42,388,000 after purchasing an additional 47,924 shares during the last quarter. Integrity Alliance LLC. increased its position in Union Pacific by 625.2% during the first quarter. Integrity Alliance LLC. now owns 50,119 shares of the railroad operator’s stock worth $11,840,000 after purchasing an additional 43,208 shares during the last quarter. Ransom Advisory Ltd purchased a new position in Union Pacific during the first quarter worth about $142,000. Glenview Trust co boosted its stake in Union Pacific by 2.2% during the first quarter. Glenview Trust co now owns 132,567 shares of the railroad operator’s stock worth $31,318,000 after buying an additional 2,903 shares during the period. Finally, Advisory Alpha LLC boosted its stake in shares of Union Pacific by 16.9% in the first quarter. Advisory Alpha LLC now owns 2,276 shares of the railroad operator’s stock valued at $538,000 after purchasing an additional 329 shares during the period. 80.38% of the stock is currently owned by institutional investors and hedge funds.

Union Pacific Trading Up 0.4%

NYSE UNP opened at $215.96 on Friday. Union Pacific Corporation has a 12 month low of $204.66 and a 12 month high of $256.84. The company has a 50-day moving average of $224.89 and a 200-day moving average of $226.27. The company has a debt-to-equity ratio of 1.86, a current ratio of 0.65 and a quick ratio of 0.53. The company has a market cap of $128.08 billion, a P/E ratio of 18.76, a P/E/G ratio of 2.09 and a beta of 1.03.

Union Pacific (NYSE:UNP) last issued its earnings results on Thursday, July 24th. The railroad operator reported $3.03 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.84 by $0.19. Union Pacific had a return on equity of 41.73% and a net margin of 28.43%.The business had revenue of $6.15 billion during the quarter, compared to analysts’ expectations of $6.09 billion. During the same quarter in the previous year, the business earned $2.74 EPS. The company’s revenue for the quarter was up 2.4% on a year-over-year basis. As a group, equities analysts predict that Union Pacific Corporation will post 11.99 earnings per share for the current year.

Union Pacific Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, September 30th. Stockholders of record on Friday, August 29th will be issued a dividend of $1.38 per share. This represents a $5.52 dividend on an annualized basis and a dividend yield of 2.6%. The ex-dividend date is Friday, August 29th. This is an increase from Union Pacific’s previous quarterly dividend of $1.34. Union Pacific’s dividend payout ratio (DPR) is presently 47.96%.

Wall Street Analysts Forecast Growth

Several analysts recently weighed in on UNP shares. Robert W. Baird initiated coverage on shares of Union Pacific in a report on Tuesday, July 1st. They issued a “neutral” rating and a $231.00 target price on the stock. Wells Fargo & Company lifted their price objective on shares of Union Pacific from $250.00 to $260.00 and gave the company an “overweight” rating in a research report on Friday, July 25th. Morgan Stanley lowered their price objective on shares of Union Pacific from $220.00 to $215.00 and set an “equal weight” rating on the stock in a research report on Monday, July 7th. Evercore ISI lowered their price objective on shares of Union Pacific from $244.00 to $238.00 and set an “in-line” rating on the stock in a research report on Friday, July 25th. Finally, Raymond James Financial restated a “strong-buy” rating on shares of Union Pacific in a research report on Tuesday, July 15th. One investment analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating, ten have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $258.21.

Union Pacific Profile

Union Pacific Corporation, through its subsidiary, Union Pacific Railroad Company, operates in the railroad business in the United States. The company offers transportation services for grain and grain products, fertilizers, food and refrigerated products, and coal and renewables to grain processors, animal feeders, ethanol producers, renewable biofuel producers, and other agricultural users; and construction products, industrial chemicals, plastics, forest products, specialized products, metals and ores, petroleum, liquid petroleum gases, soda ash, and sand, as well as finished automobiles, automotive parts, and merchandise in intermodal containers.