Trillium Asset Management LLC Trims Holdings in Union Pacific Corporation $UNP

Trillium Asset Management LLC lessened its holdings in shares of Union Pacific Corporation (NYSE:UNP) by 16.0% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 129,182 shares of the railroad operator’s stock after selling 24,696 shares during the period. Union Pacific comprises approximately 0.9% of Trillium Asset Management LLC’s holdings, making the stock its 28th largest holding. Trillium Asset Management LLC’s holdings in Union Pacific were worth $30,430,000 at the end of the most recent quarter.

A number of other hedge funds also recently bought and sold shares of the business. Vanguard Group Inc. increased its holdings in Union Pacific by 1.1% during the 4th quarter. Vanguard Group Inc. now owns 59,329,262 shares of the railroad operator’s stock valued at $13,724,045,000 after purchasing an additional 659,378 shares during the period. Capital World Investors increased its holdings in Union Pacific by 92.1% during the 4th quarter. Capital World Investors now owns 20,136,349 shares of the railroad operator’s stock valued at $4,658,142,000 after purchasing an additional 9,655,306 shares during the period. Geode Capital Management LLC increased its holdings in Union Pacific by 2.0% during the 4th quarter. Geode Capital Management LLC now owns 15,360,668 shares of the railroad operator’s stock valued at $3,552,550,000 after purchasing an additional 296,814 shares during the period. Capital Research Global Investors increased its holdings in Union Pacific by 26.0% during the 4th quarter. Capital Research Global Investors now owns 10,980,904 shares of the railroad operator’s stock valued at $2,540,105,000 after purchasing an additional 2,267,708 shares during the period. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its holdings in Union Pacific by 72.7% during the 3rd quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 9,177,002 shares of the railroad operator’s stock valued at $2,169,168,000 after purchasing an additional 3,861,636 shares during the period. Hedge funds and other institutional investors own 80.38% of the company’s stock.

Union Pacific Stock Performance

Union Pacific stock opened at $272.37 on Friday. The stock’s 50 day simple moving average is $262.23 and its two-hundred day simple moving average is $248.69. The company has a debt-to-equity ratio of 1.53, a quick ratio of 0.73 and a current ratio of 0.92. The stock has a market cap of $161.71 billion, a price-to-earnings ratio of 22.44, a PEG ratio of 2.84 and a beta of 0.97. Union Pacific Corporation has a fifty-two week low of $210.84 and a fifty-two week high of $279.70.

Union Pacific (NYSE:UNP) last posted its quarterly earnings data on Thursday, April 23rd. The railroad operator reported $2.93 earnings per share for the quarter, beating the consensus estimate of $2.86 by $0.07. The business had revenue of $6.22 billion for the quarter, compared to analysts’ expectations of $6.12 billion. Union Pacific had a return on equity of 39.58% and a net margin of 29.20%.The business’s revenue was up 3.2% on a year-over-year basis. During the same period in the previous year, the firm posted $2.70 EPS. As a group, analysts expect that Union Pacific Corporation will post 12.55 earnings per share for the current fiscal year.

Union Pacific Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, June 30th. Stockholders of record on Friday, May 29th will be given a $1.38 dividend. This represents a $5.52 dividend on an annualized basis and a dividend yield of 2.0%. The ex-dividend date of this dividend is Friday, May 29th. Union Pacific’s payout ratio is currently 45.47%.

Insider Transactions at Union Pacific

In other news, CFO Jennifer L. Hamann sold 2,000 shares of the business’s stock in a transaction that occurred on Friday, April 24th. The stock was sold at an average price of $274.70, for a total value of $549,400.00. Following the sale, the chief financial officer directly owned 114,642 shares of the company’s stock, valued at $31,492,157.40. The trade was a 1.71% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, EVP Kenyatta G. Rocker sold 27,387 shares of the business’s stock in a transaction that occurred on Friday, April 24th. The stock was sold at an average price of $271.76, for a total value of $7,442,691.12. Following the completion of the sale, the executive vice president directly owned 61,102 shares in the company, valued at approximately $16,605,079.52. This represents a 30.95% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 34,377 shares of company stock valued at $9,251,221 in the last ninety days. 0.22% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

A number of research analysts recently issued reports on the company. Susquehanna restated a “positive” rating and set a $305.00 price target on shares of Union Pacific in a report on Friday, June 5th. UBS Group reaffirmed a “neutral” rating and set a $274.00 price objective (up from $253.00) on shares of Union Pacific in a research report on Friday, April 24th. BMO Capital Markets reaffirmed a “market perform” rating and set a $285.00 price objective (up from $278.00) on shares of Union Pacific in a research report on Friday, April 24th. JPMorgan Chase & Co. lifted their price objective on Union Pacific from $267.00 to $275.00 and gave the company a “neutral” rating in a research report on Friday, April 24th. Finally, Royal Bank Of Canada reaffirmed an “outperform” rating and set a $289.00 price objective (up from $273.00) on shares of Union Pacific in a research report on Friday, April 24th. One research analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating and eight have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $282.21.

About Union Pacific

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.