Rise Advisors LLC Trims Position in Union Pacific Corporation $UNP

Rise Advisors LLC lessened its holdings in shares of Union Pacific Corporation (NYSE:UNP) by 18.7% during the second quarter, HoldingsChannel reports. The firm owned 516 shares of the railroad operator’s stock after selling 119 shares during the quarter. Rise Advisors LLC’s holdings in Union Pacific were worth $119,000 at the end of the most recent quarter.

A number of other large investors also recently made changes to their positions in the business. Martin Capital Partners LLC lifted its stake in shares of Union Pacific by 223.0% during the 2nd quarter. Martin Capital Partners LLC now owns 20,148 shares of the railroad operator’s stock worth $4,636,000 after purchasing an additional 13,911 shares during the period. Canandaigua National Bank & Trust Co. lifted its stake in shares of Union Pacific by 3.6% during the 2nd quarter. Canandaigua National Bank & Trust Co. now owns 9,454 shares of the railroad operator’s stock worth $2,175,000 after purchasing an additional 325 shares during the period. Livelsberger Financial Advisory purchased a new position in shares of Union Pacific during the 2nd quarter worth $43,000. Heartwood Wealth Advisors LLC lifted its stake in shares of Union Pacific by 7.4% during the 2nd quarter. Heartwood Wealth Advisors LLC now owns 5,835 shares of the railroad operator’s stock worth $1,343,000 after purchasing an additional 400 shares during the period. Finally, Gallacher Capital Management LLC lifted its stake in shares of Union Pacific by 4.2% during the 2nd quarter. Gallacher Capital Management LLC now owns 2,619 shares of the railroad operator’s stock worth $603,000 after purchasing an additional 106 shares during the period. Hedge funds and other institutional investors own 80.38% of the company’s stock.

Union Pacific Stock Down 0.6%

Shares of NYSE UNP opened at $214.73 on Monday. Union Pacific Corporation has a 12-month low of $204.66 and a 12-month high of $256.84. The company has a market cap of $127.34 billion, a P/E ratio of 18.66, a P/E/G ratio of 2.09 and a beta of 1.03. The company has a current ratio of 0.65, a quick ratio of 0.53 and a debt-to-equity ratio of 1.86. The stock has a fifty day moving average price of $224.46 and a 200 day moving average price of $225.79.

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

Union Pacific Increases Dividend

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

Analyst Ratings Changes

Several research analysts recently weighed in on UNP shares. Susquehanna cut their target price on Union Pacific from $260.00 to $257.00 and set a “positive” rating on the stock in a research report on Wednesday, July 30th. Wells Fargo & Company increased their target price on Union Pacific from $250.00 to $260.00 and gave the stock an “overweight” rating in a research report on Friday, July 25th. Sanford C. Bernstein increased their target price on Union Pacific from $271.00 to $286.00 and gave the stock an “outperform” rating in a research report on Monday, July 21st. Argus lowered Union Pacific from a “buy” rating to a “hold” rating in a research report on Tuesday, August 12th. Finally, Raymond James Financial reaffirmed a “strong-buy” rating on shares of Union Pacific in a research report on Tuesday, July 15th. One investment analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating, ten have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $258.21.

Union Pacific 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.