Union Pacific Corporation $UNP Shares Sold by Global Trust Asset Management LLC

Global Trust Asset Management LLC lessened its stake in shares of Union Pacific Corporation (NYSE:UNP) by 0.9% in the second quarter, according to its most recent filing with the SEC. The fund owned 5,467 shares of the railroad operator’s stock after selling 50 shares during the period. Global Trust Asset Management LLC’s holdings in Union Pacific were worth $1,258,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently modified their holdings of the company. Highline Wealth Partners LLC lifted its holdings in shares of Union Pacific by 103.5% in the first quarter. Highline Wealth Partners LLC now owns 116 shares of the railroad operator’s stock valued at $27,000 after purchasing an additional 59 shares in the last quarter. CBIZ Investment Advisory Services LLC lifted its holdings in shares of Union Pacific by 1,400.0% in the first quarter. CBIZ Investment Advisory Services LLC now owns 120 shares of the railroad operator’s stock valued at $28,000 after purchasing an additional 112 shares in the last quarter. Financial Gravity Asset Management Inc. purchased a new stake in shares of Union Pacific in the first quarter valued at $32,000. WPG Advisers LLC purchased a new stake in shares of Union Pacific in the first quarter valued at $33,000. Finally, Cornerstone Planning Group LLC lifted its holdings in shares of Union Pacific by 50.5% in the first quarter. Cornerstone Planning Group LLC now owns 167 shares of the railroad operator’s stock valued at $37,000 after purchasing an additional 56 shares in the last quarter. Institutional investors and hedge funds own 80.38% of the company’s stock.

Analyst Ratings Changes

A number of research firms have recently issued reports on UNP. The Goldman Sachs Group restated a “neutral” rating and issued a $263.00 target price on shares of Union Pacific in a report on Monday, June 2nd. Citigroup raised shares of Union Pacific from a “neutral” rating to a “buy” rating and upped their price target for the stock from $250.00 to $251.00 in a research note on Monday, September 15th. Baird R W raised shares of Union Pacific to a “hold” rating in a research note on Tuesday, July 1st. Wells Fargo & Company upped their price target on shares of Union Pacific from $250.00 to $260.00 and gave the stock an “overweight” rating in a research note on Friday, July 25th. Finally, Robert W. Baird initiated coverage on shares of Union Pacific in a research note on Tuesday, July 1st. They issued a “neutral” rating and a $231.00 price target on the stock. One analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and ten have given a Hold rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $260.00.

Union Pacific Price Performance

UNP opened at $235.14 on Monday. The company has a fifty day moving average price of $222.73 and a two-hundred day moving average price of $224.47. The company has a debt-to-equity ratio of 1.86, a quick ratio of 0.53 and a current ratio of 0.65. Union Pacific Corporation has a 52 week low of $204.66 and a 52 week high of $256.84. The firm has a market capitalization of $139.45 billion, a PE ratio of 20.43, a P/E/G ratio of 2.45 and a beta of 1.03.

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

Union Pacific Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, September 30th. Stockholders of record on Friday, August 29th will be given a dividend of $1.38 per share. This is a positive change from Union Pacific’s previous quarterly dividend of $1.34. This represents a $5.52 dividend on an annualized basis and a dividend yield of 2.3%. The ex-dividend date of this dividend is Friday, August 29th. Union Pacific’s 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.