Union Pacific Corporation $UNP Shares Sold by Trust Co. of Vermont

Trust Co. of Vermont lessened its holdings in shares of Union Pacific Corporation (NYSE:UNP) by 0.8% in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 96,098 shares of the railroad operator’s stock after selling 794 shares during the quarter. Union Pacific accounts for 1.0% of Trust Co. of Vermont’s portfolio, making the stock its 24th largest position. Trust Co. of Vermont’s holdings in Union Pacific were worth $22,110,000 as of its most recent SEC filing.

A number of other hedge funds have also recently bought and sold shares of UNP. Merit Financial Group LLC lifted its holdings in Union Pacific by 7.4% during the 1st quarter. Merit Financial Group LLC now owns 25,207 shares of the railroad operator’s stock worth $5,955,000 after buying an additional 1,732 shares during the last quarter. Capital Asset Advisory Services LLC lifted its holdings in Union Pacific by 17.7% during the 1st quarter. Capital Asset Advisory Services LLC now owns 12,210 shares of the railroad operator’s stock worth $2,912,000 after buying an additional 1,837 shares during the last quarter. RFG Advisory LLC lifted its holdings in Union Pacific by 68.1% during the 1st quarter. RFG Advisory LLC now owns 11,148 shares of the railroad operator’s stock worth $2,634,000 after buying an additional 4,518 shares during the last quarter. Whipplewood Advisors LLC lifted its holdings in Union Pacific by 4.2% during the 1st quarter. Whipplewood Advisors LLC now owns 1,865 shares of the railroad operator’s stock worth $423,000 after buying an additional 75 shares during the last quarter. Finally, Bremer Bank National Association lifted its holdings in Union Pacific by 9.7% during the 1st quarter. Bremer Bank National Association now owns 18,731 shares of the railroad operator’s stock worth $4,425,000 after buying an additional 1,649 shares during the last quarter. Institutional investors and hedge funds own 80.38% of the company’s stock.

Union Pacific Stock Up 0.1%

Shares of Union Pacific stock opened at $236.40 on Wednesday. The business’s fifty day moving average price is $223.07 and its two-hundred day moving average price is $224.54. 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 capitalization of $140.19 billion, a P/E ratio of 20.54, a PEG ratio of 2.46 and a beta of 1.03. Union Pacific Corporation has a 1-year low of $204.66 and a 1-year high of $256.84.

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

Union Pacific Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, September 30th. Shareholders of record on Friday, August 29th were paid a dividend of $1.38 per share. This represents a $5.52 annualized dividend and a yield of 2.3%. The ex-dividend date of this dividend was 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%.

Analyst Upgrades and Downgrades

A number of research analysts have commented on the company. Barclays downgraded Union Pacific from an “overweight” rating to an “equal weight” rating in a report on Wednesday, July 30th. Royal Bank Of Canada increased their target price on Union Pacific from $257.00 to $276.00 and gave the stock an “outperform” rating in a report on Wednesday, July 30th. Wells Fargo & Company increased their target price on Union Pacific from $250.00 to $260.00 and gave the stock an “overweight” rating in a report on Friday, July 25th. Morgan Stanley cut their price target on Union Pacific from $220.00 to $215.00 and set an “equal weight” rating on the stock in a report on Monday, July 7th. Finally, Loop Capital raised Union Pacific from a “sell” rating to a “hold” rating and raised their price target for the stock from $214.00 to $227.00 in a report on Tuesday, September 16th. One analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating and ten have assigned a Hold rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $260.00.

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.