Trifecta Capital Advisors LLC Has $2.35 Million Stock Holdings in Union Pacific Corporation $UNP

Trifecta Capital Advisors LLC lessened its holdings in Union Pacific Corporation (NYSE:UNP) by 0.5% in the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 10,211 shares of the railroad operator’s stock after selling 50 shares during the period. Trifecta Capital Advisors LLC’s holdings in Union Pacific were worth $2,349,000 at the end of the most recent quarter.

Several other hedge funds also recently modified their holdings of UNP. Farther Finance Advisors LLC increased its holdings in shares of Union Pacific by 22.7% during the first quarter. Farther Finance Advisors LLC now owns 6,238 shares of the railroad operator’s stock worth $1,480,000 after buying an additional 1,154 shares in the last quarter. Pallas Capital Advisors LLC boosted its stake in Union Pacific by 22.1% in the first quarter. Pallas Capital Advisors LLC now owns 2,030 shares of the railroad operator’s stock valued at $480,000 after acquiring an additional 368 shares during the last quarter. GAMMA Investing LLC boosted its stake in Union Pacific by 16.8% in the first quarter. GAMMA Investing LLC now owns 10,545 shares of the railroad operator’s stock valued at $2,491,000 after acquiring an additional 1,520 shares during the last quarter. Simplicity Wealth LLC boosted its position in shares of Union Pacific by 202.7% during the first quarter. Simplicity Wealth LLC now owns 7,900 shares of the railroad operator’s stock worth $1,866,000 after purchasing an additional 5,290 shares in the last quarter. Finally, Parsons Capital Management Inc. RI boosted its position in shares of Union Pacific by 3.1% during the first quarter. Parsons Capital Management Inc. RI now owns 10,357 shares of the railroad operator’s stock worth $2,447,000 after purchasing an additional 307 shares in the last quarter. Institutional investors and hedge funds own 80.38% of the company’s stock.

Union Pacific Price Performance

Shares of NYSE:UNP opened at $232.72 on Thursday. The firm has a 50 day moving average of $224.14 and a 200-day moving average of $224.57. The stock has a market capitalization of $138.03 billion, a PE ratio of 20.22, a PEG ratio of 2.41 and a beta of 1.07. The company has a current ratio of 0.65, a quick ratio of 0.53 and a debt-to-equity ratio of 1.86. Union Pacific Corporation has a 12 month low of $204.66 and a 12 month high of $256.84.

Union Pacific (NYSE:UNP) last released 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. The business had revenue of $6.15 billion during 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 firm’s quarterly revenue was up 2.4% compared to the same quarter last year. During the same period in the prior year, the company earned $2.74 EPS. On average, equities research analysts predict that Union Pacific Corporation will post 11.99 EPS for the current fiscal year.

Union Pacific Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, September 30th. Investors of record on Friday, August 29th were given a dividend of $1.38 per share. The ex-dividend date was Friday, August 29th. This represents a $5.52 dividend on an annualized basis and a yield of 2.4%. This is a positive change from Union Pacific’s previous quarterly dividend of $1.34. Union Pacific’s dividend payout ratio is currently 47.96%.

Analyst Ratings Changes

A number of equities analysts have recently weighed in on UNP shares. Robert W. Baird initiated coverage on shares of Union Pacific in a research report on Tuesday, July 1st. They set a “neutral” rating and a $231.00 price target on the stock. Weiss Ratings reiterated a “hold (c+)” rating on shares of Union Pacific in a research note on Wednesday. BMO Capital Markets lifted their price objective on shares of Union Pacific from $270.00 to $277.00 and gave the company an “outperform” rating in a research report on Friday, July 25th. Sanford C. Bernstein lifted their price objective on shares of Union Pacific from $271.00 to $286.00 and gave the company an “outperform” rating in a research report on Monday, July 21st. Finally, Baird R W raised shares of Union Pacific to a “hold” rating in a report on Tuesday, July 1st. One investment analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and eleven have issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $261.08.

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.