Thrive Wealth Management LLC Sells 180 Shares of Union Pacific Corporation $UNP

Thrive Wealth Management LLC lessened its stake in shares of Union Pacific Corporation (NYSE:UNP) by 4.6% in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 3,725 shares of the railroad operator’s stock after selling 180 shares during the period. Thrive Wealth Management LLC’s holdings in Union Pacific were worth $857,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Lifestyle Asset Management Inc. increased its position in Union Pacific by 9.8% during the 2nd quarter. Lifestyle Asset Management Inc. now owns 930 shares of the railroad operator’s stock valued at $214,000 after buying an additional 83 shares in the last quarter. Czech National Bank increased its position in Union Pacific by 5.2% during the 2nd quarter. Czech National Bank now owns 146,044 shares of the railroad operator’s stock valued at $33,602,000 after buying an additional 7,249 shares in the last quarter. MassMutual Private Wealth & Trust FSB increased its position in Union Pacific by 1.5% during the 2nd quarter. MassMutual Private Wealth & Trust FSB now owns 56,588 shares of the railroad operator’s stock valued at $13,020,000 after buying an additional 825 shares in the last quarter. Little House Capital LLC increased its position in Union Pacific by 7.3% during the 2nd quarter. Little House Capital LLC now owns 4,640 shares of the railroad operator’s stock valued at $1,068,000 after buying an additional 317 shares in the last quarter. Finally, Everpar Advisors LLC increased its position in Union Pacific by 6.2% during the 2nd quarter. Everpar Advisors LLC now owns 1,455 shares of the railroad operator’s stock valued at $335,000 after buying an additional 85 shares in the last quarter. Institutional investors own 80.38% of the company’s stock.

Union Pacific Price Performance

NYSE:UNP opened at $216.06 on Wednesday. The company has a quick ratio of 0.53, a current ratio of 0.65 and a debt-to-equity ratio of 1.86. The business’s 50-day simple moving average is $223.67 and its two-hundred day simple moving average is $225.51. The stock has a market cap of $128.13 billion, a PE ratio of 18.77, a P/E/G ratio of 2.10 and a beta of 1.03. Union Pacific Corporation has a 52 week low of $204.66 and a 52 week high of $256.84.

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

Union Pacific Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, September 30th. Shareholders of record on Friday, August 29th will be issued a dividend of $1.38 per share. This is a boost from Union Pacific’s previous quarterly dividend of $1.34. This represents a $5.52 dividend on an annualized basis and a yield of 2.6%. The ex-dividend date of this dividend is Friday, August 29th. Union Pacific’s payout ratio is 47.96%.

Analyst Ratings Changes

UNP has been the topic of several recent analyst reports. Robert W. Baird initiated coverage on Union Pacific in a research note on Tuesday, July 1st. They set a “neutral” rating and a $231.00 target price on the stock. Raymond James Financial reiterated a “strong-buy” rating on shares of Union Pacific in a research note on Tuesday, July 15th. Sanford C. Bernstein increased their target price on Union Pacific from $271.00 to $286.00 and gave the company an “outperform” rating in a research note on Monday, July 21st. BMO Capital Markets increased their target price on Union Pacific from $270.00 to $277.00 and gave the company an “outperform” rating in a research note on Friday, July 25th. Finally, Royal Bank Of Canada increased their target price on Union Pacific from $257.00 to $276.00 and gave the company an “outperform” rating in a research note on Wednesday, July 30th. One equities research analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and ten have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, Union Pacific presently has a consensus rating of “Moderate Buy” and a consensus target price of $259.38.

Union Pacific Company 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.