Trilogy Capital Inc. Takes Position in Union Pacific Corporation $UNP

Trilogy Capital Inc. acquired a new position in shares of Union Pacific Corporation (NYSE:UNP) in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund acquired 12,912 shares of the railroad operator’s stock, valued at approximately $2,971,000.

Other institutional investors have also recently added to or reduced their stakes in the company. LGT Group Foundation lifted its position in shares of Union Pacific by 9.7% during the 1st quarter. LGT Group Foundation now owns 5,398 shares of the railroad operator’s stock valued at $1,275,000 after acquiring an additional 477 shares during the last quarter. Nuveen LLC acquired a new position in shares of Union Pacific in the first quarter worth $988,822,000. SlateStone Wealth LLC boosted its holdings in Union Pacific by 6.2% in the first quarter. SlateStone Wealth LLC now owns 13,264 shares of the railroad operator’s stock worth $3,133,000 after purchasing an additional 772 shares in the last quarter. Meadow Creek Wealth Advisors LLC boosted its holdings in Union Pacific by 10.9% in the first quarter. Meadow Creek Wealth Advisors LLC now owns 3,666 shares of the railroad operator’s stock worth $866,000 after purchasing an additional 359 shares in the last quarter. Finally, GAMMA Investing LLC boosted its holdings in Union Pacific by 16.8% in the first quarter. GAMMA Investing LLC now owns 10,545 shares of the railroad operator’s stock worth $2,491,000 after purchasing an additional 1,520 shares in the last quarter. 80.38% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several brokerages have recently issued reports on UNP. Argus downgraded Union Pacific from a “buy” rating to a “hold” rating in a research report on Tuesday, August 12th. Wells Fargo & Company raised their price objective on shares of Union Pacific from $250.00 to $260.00 and gave the stock an “overweight” rating in a report on Friday, July 25th. Loop Capital raised shares of Union Pacific from a “sell” rating to a “hold” rating and raised their price target for the company from $214.00 to $227.00 in a report on Tuesday, September 16th. UBS Group lifted their target price on shares of Union Pacific from $238.00 to $240.00 and gave the stock a “neutral” rating in a report on Friday, July 25th. Finally, Barclays lowered shares of Union Pacific from an “overweight” rating to an “equal weight” rating in a report on Wednesday, July 30th. One investment analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and ten have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $260.00.

Union Pacific Stock Performance

NYSE UNP opened at $236.40 on Wednesday. Union Pacific Corporation has a 52-week low of $204.66 and a 52-week high of $256.84. The company has a 50-day simple moving average of $223.07 and a 200 day simple moving average of $224.54. The company has a debt-to-equity ratio of 1.86, a quick ratio of 0.53 and a current ratio of 0.65. The company has a market capitalization of $140.19 billion, a PE ratio of 20.54, a price-to-earnings-growth ratio of 2.46 and a beta of 1.03.

Union Pacific (NYSE:UNP) last posted its quarterly earnings data 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 net margin of 28.43% and a return on equity of 41.73%. The business had revenue of $6.15 billion during the quarter, compared to the consensus estimate of $6.09 billion. During the same quarter last year, the company posted $2.74 earnings per share. The firm’s quarterly revenue was up 2.4% compared to the same quarter last year. On average, research analysts predict 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. Stockholders of record on Friday, August 29th were paid a $1.38 dividend. The ex-dividend date was Friday, August 29th. This is a positive change from Union Pacific’s previous quarterly dividend of $1.34. This represents a $5.52 annualized dividend and a dividend yield of 2.3%. Union Pacific’s dividend payout ratio is 47.96%.

About Union Pacific

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.