Union Pacific Corporation $UNP Stock Position Reduced by Trillium Asset Management LLC

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

A number of other hedge funds have also recently added to or reduced their stakes in the business. Northern Trust Corp raised its holdings in shares of Union Pacific by 2.0% during the first quarter. Northern Trust Corp now owns 7,105,382 shares of the railroad operator’s stock worth $1,678,575,000 after purchasing an additional 142,732 shares during the period. Price T Rowe Associates Inc. MD lifted its holdings in Union Pacific by 5.4% in the first quarter. Price T Rowe Associates Inc. MD now owns 6,949,345 shares of the railroad operator’s stock worth $1,641,715,000 after acquiring an additional 354,463 shares during the last quarter. Royal Bank of Canada grew its holdings in shares of Union Pacific by 1.7% during the first quarter. Royal Bank of Canada now owns 5,105,784 shares of the railroad operator’s stock valued at $1,206,191,000 after purchasing an additional 86,292 shares during the last quarter. Canada Pension Plan Investment Board lifted its holdings in shares of Union Pacific by 10.8% in the 1st quarter. Canada Pension Plan Investment Board now owns 4,626,200 shares of the railroad operator’s stock worth $1,092,893,000 after purchasing an additional 452,788 shares during the last quarter. Finally, Nuveen LLC bought a new stake in Union Pacific in the first quarter valued at $988,822,000. Institutional investors and hedge funds own 80.38% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages recently issued reports on UNP. Raymond James Financial reissued a “strong-buy” rating on shares of Union Pacific in a report on Tuesday, July 15th. Loop Capital raised Union Pacific from a “sell” rating to a “hold” rating and increased their price target for the stock from $214.00 to $227.00 in a research note on Tuesday, September 16th. Royal Bank Of Canada raised their price target on Union Pacific from $257.00 to $276.00 and gave the company an “outperform” rating in a report on Wednesday, July 30th. TD Cowen reduced their price objective on shares of Union Pacific from $258.00 to $257.00 and set a “buy” rating for the company in a report on Friday, October 24th. Finally, UBS Group set a $253.00 target price on shares of Union Pacific and gave the company a “neutral” rating in a research report on Friday, October 3rd. One 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 stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $261.63.

Union Pacific Stock Performance

Shares of 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 stock has a market capitalization of $131.11 billion, a P/E ratio of 18.78, a P/E/G ratio of 2.27 and a beta of 1.04. The firm’s 50 day moving average is $224.24 and its 200-day moving average is $224.37. The company has a debt-to-equity ratio of 1.75, a current ratio of 0.75 and a quick ratio of 0.60.

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

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.