2,850 Shares in Union Pacific Corporation $UNP Bought by TRB Wealth Management LLC

TRB Wealth Management LLC acquired a new stake in Union Pacific Corporation (NYSE:UNP) in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 2,850 shares of the railroad operator’s stock, valued at approximately $775,000.

Several other large investors have also bought and sold shares of UNP. Cambient Family Office LLC acquired a new stake in Union Pacific during the 4th quarter valued at approximately $1,319,000. First National Bank of Omaha raised its holdings in Union Pacific by 35.8% during the 4th quarter. First National Bank of Omaha now owns 54,635 shares of the railroad operator’s stock worth $12,665,000 after purchasing an additional 14,399 shares during the last quarter. North Dakota State Investment Board bought a new position in Union Pacific during the 4th quarter worth approximately $4,746,000. Sage Investment Advisers LLC acquired a new position in shares of Union Pacific in the 4th quarter worth approximately $997,000. Finally, Truist Financial Corp lifted its position in shares of Union Pacific by 3.1% in the 4th quarter. Truist Financial Corp now owns 1,016,071 shares of the railroad operator’s stock worth $235,038,000 after purchasing an additional 30,079 shares during the period. 80.38% of the stock is owned by institutional investors.

Insider Buying and Selling at Union Pacific

In other news, EVP Eric J. Gehringer sold 2,991 shares of the stock in a transaction dated Wednesday, June 3rd. The shares were sold at an average price of $263.96, for a total transaction of $789,504.36. Following the transaction, the executive vice president owned 43,012 shares of the company’s stock, valued at $11,353,447.52. This represents a 6.50% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Corporate insiders own 0.22% of the company’s stock.

Union Pacific Stock Performance

Shares of UNP stock opened at $307.97 on Friday. The firm has a 50 day moving average of $286.30 and a 200-day moving average of $267.60. The company has a market cap of $182.96 billion, a price-to-earnings ratio of 24.94, a price-to-earnings-growth ratio of 3.10 and a beta of 0.96. The company has a quick ratio of 0.82, a current ratio of 0.99 and a debt-to-equity ratio of 1.40. Union Pacific Corporation has a 52 week low of $210.84 and a 52 week high of $315.99.

Union Pacific (NYSE:UNP) last released its earnings results on Thursday, July 23rd. The railroad operator reported $3.41 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.26 by $0.15. The company had revenue of $6.86 billion for the quarter, compared to the consensus estimate of $6.72 billion. Union Pacific had a net margin of 28.85% and a return on equity of 38.46%. Union Pacific’s quarterly revenue was up 11.5% compared to the same quarter last year. During the same quarter in the previous year, the company earned $3.03 EPS. On average, equities analysts forecast that Union Pacific Corporation will post 12.93 earnings per share for the current year.

Union Pacific Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 30th. Stockholders of record on Monday, August 31st will be issued a dividend of $1.42 per share. This is an increase from Union Pacific’s previous quarterly dividend of $1.38. This represents a $5.68 annualized dividend and a dividend yield of 1.8%. The ex-dividend date is Monday, August 31st. Union Pacific’s dividend payout ratio (DPR) is currently 44.70%.

Analyst Upgrades and Downgrades

Several research firms have recently weighed in on UNP. Benchmark increased their price objective on shares of Union Pacific from $325.00 to $335.00 and gave the stock a “buy” rating in a research report on Friday, July 24th. The Goldman Sachs Group set a $317.00 target price on shares of Union Pacific and gave the company a “neutral” rating in a report on Thursday, July 23rd. TD Cowen reaffirmed a “buy” rating and set a $325.00 price target (up from $282.00) on shares of Union Pacific in a research report on Friday, July 24th. Raymond James Financial reiterated a “strong-buy” rating on shares of Union Pacific in a report on Monday, July 13th. Finally, Royal Bank Of Canada reissued an “outperform” rating and issued a $339.00 price objective (up from $289.00) on shares of Union Pacific in a research report on Friday, July 24th. Two equities research analysts have rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and six have assigned a Hold rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $320.89.

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.