Trillium Asset Management LLC Sells 7,489 Shares of Union Pacific Corporation $UNP

Trillium Asset Management LLC reduced its stake in shares of Union Pacific Corporation (NYSE:UNP) by 4.3% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 165,245 shares of the railroad operator’s stock after selling 7,489 shares during the period. Union Pacific accounts for approximately 1.0% of Trillium Asset Management LLC’s portfolio, making the stock its 27th biggest holding. Trillium Asset Management LLC’s holdings in Union Pacific were worth $38,020,000 as of its most recent SEC filing.

Other hedge funds have also made changes to their positions in the company. Nuveen LLC bought a new stake in shares of Union Pacific during the 1st quarter worth $988,822,000. Goldman Sachs Group Inc. boosted its holdings in Union Pacific by 29.8% in the 1st quarter. Goldman Sachs Group Inc. now owns 3,699,109 shares of the railroad operator’s stock valued at $873,878,000 after purchasing an additional 850,025 shares during the period. Auto Owners Insurance Co grew its position in Union Pacific by 61,054.6% in the 1st quarter. Auto Owners Insurance Co now owns 625,000 shares of the railroad operator’s stock worth $147,650,000 after purchasing an additional 623,978 shares during the last quarter. Menora Mivtachim Holdings LTD. acquired a new stake in Union Pacific in the 1st quarter worth $115,096,000. Finally, Canada Pension Plan Investment Board raised its position in shares of Union Pacific by 10.8% during the first quarter. Canada Pension Plan Investment Board now owns 4,626,200 shares of the railroad operator’s stock valued at $1,092,893,000 after buying an additional 452,788 shares during the last quarter. Institutional investors and hedge funds own 80.38% of the company’s stock.

Union Pacific Stock Up 1.0%

Shares of NYSE UNP opened at $221.03 on Wednesday. Union Pacific Corporation has a 12-month low of $204.66 and a 12-month high of $256.84. The firm’s 50-day simple moving average is $224.24 and its 200 day simple moving average is $224.37. The company has a quick ratio of 0.60, a current ratio of 0.75 and a debt-to-equity ratio of 1.75. The company has a market cap of $131.11 billion, a price-to-earnings ratio of 18.78, a price-to-earnings-growth ratio of 2.27 and a beta of 1.04.

Union Pacific (NYSE:UNP) last released its earnings results on Thursday, October 23rd. The railroad operator reported $3.08 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.99 by $0.09. Union Pacific had a net margin of 28.73% and a return on equity of 42.23%. The company had revenue of $6.24 billion for the quarter, compared to the consensus estimate of $6.24 billion. During the same period in the prior year, the company posted $2.75 EPS. The company’s revenue was up 2.5% compared to the same quarter last year. On average, research analysts expect that Union Pacific Corporation will post 11.99 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

A number of research firms recently weighed in on UNP. TD Cowen decreased their target price on Union Pacific from $258.00 to $257.00 and set a “buy” rating on the stock in a research report on Friday, October 24th. Wells Fargo & Company lifted their price objective on Union Pacific from $250.00 to $260.00 and gave the stock an “overweight” rating in a report on Friday, July 25th. Jefferies Financial Group upgraded Union Pacific from a “hold” rating to a “buy” rating and upped their target price for the company from $250.00 to $285.00 in a research note on Friday, July 25th. Sanford C. Bernstein lifted their price target on shares of Union Pacific from $271.00 to $286.00 and gave the stock an “outperform” rating in a research note on Monday, July 21st. Finally, Susquehanna restated a “positive” rating and issued a $272.00 price objective (up previously from $257.00) on shares of Union Pacific in a research note on Thursday, September 25th. One equities research analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating and eleven have assigned a Hold rating to the company. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $261.63.

Union Pacific Company 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.