Union Pacific Co. (UNP) Position Decreased by Trinity Street Asset Management LLP

Trinity Street Asset Management LLP cut its stake in shares of Union Pacific Co. (NYSE:UNP) by 16.9% during the first quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 342,445 shares of the railroad operator’s stock after selling 69,708 shares during the period. Union Pacific accounts for about 6.0% of Trinity Street Asset Management LLP’s portfolio, making the stock its 9th largest position. Trinity Street Asset Management LLP’s holdings in Union Pacific were worth $36,271,000 as of its most recent SEC filing.

Several other hedge funds also recently made changes to their positions in UNP. Janney Montgomery Scott LLC boosted its stake in shares of Union Pacific by 9.9% in the first quarter. Janney Montgomery Scott LLC now owns 85,088 shares of the railroad operator’s stock valued at $9,013,000 after buying an additional 7,644 shares during the last quarter. Bartlett & Co. LLC raised its position in Union Pacific by 0.8% in the first quarter. Bartlett & Co. LLC now owns 47,376 shares of the railroad operator’s stock valued at $5,018,000 after buying an additional 390 shares during the period. Baystate Wealth Management LLC raised its position in Union Pacific by 8.1% in the first quarter. Baystate Wealth Management LLC now owns 9,289 shares of the railroad operator’s stock valued at $981,000 after buying an additional 700 shares during the period. Adviser Investments LLC acquired a new position in Union Pacific during the first quarter valued at approximately $455,000. Finally, Court Place Advisors LLC raised its position in Union Pacific by 0.4% in the first quarter. Court Place Advisors LLC now owns 7,506 shares of the railroad operator’s stock valued at $795,000 after buying an additional 29 shares during the period. Institutional investors and hedge funds own 79.43% of the company’s stock.

Institutional Ownership by Quarter for Union Pacific (NYSE:UNP)

Union Pacific Co. (UNP) opened at 110.19 on Tuesday. The company’s 50 day moving average is $109.58 and its 200 day moving average is $106.69. The firm has a market cap of $88.97 billion, a price-to-earnings ratio of 21.06 and a beta of 0.71. Union Pacific Co. has a 12-month low of $81.96 and a 12-month high of $115.15.

Union Pacific (NYSE:UNP) last announced its quarterly earnings results on Thursday, April 27th. The railroad operator reported $1.32 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $1.23 by $0.09. Union Pacific had a net margin of 21.23% and a return on equity of 20.88%. The company had revenue of $5.13 billion for the quarter, compared to analyst estimates of $5.03 billion. During the same quarter in the prior year, the business posted $1.16 EPS. Union Pacific’s quarterly revenue was up 6.3% on a year-over-year basis. On average, equities analysts anticipate that Union Pacific Co. will post $5.74 earnings per share for the current year.

The firm also recently declared a quarterly dividend, which will be paid on Friday, June 30th. Stockholders of record on Wednesday, May 31st will be paid a dividend of $0.605 per share. The ex-dividend date of this dividend is Friday, May 26th. This represents a $2.42 annualized dividend and a dividend yield of 2.20%. Union Pacific’s dividend payout ratio (DPR) is 47.64%.

TRADEMARK VIOLATION NOTICE: “Union Pacific Co. (UNP) Position Decreased by Trinity Street Asset Management LLP” was first posted by Mideast Time and is owned by of Mideast Time. If you are reading this story on another site, it was copied illegally and reposted in violation of U.S. & international trademark and copyright law. The original version of this story can be viewed at https://www.mideasttime.com/union-pacific-co-unp-position-decreased-by-trinity-street-asset-management-llp/1754786.html.

Several equities analysts recently commented on the company. Cowen and Company increased their target price on Union Pacific from $109.00 to $117.00 and gave the company a “market perform” rating in a report on Friday, April 28th. BMO Capital Markets reaffirmed a “buy” rating and set a $123.00 price objective on shares of Union Pacific in a report on Friday. Royal Bank of Canada reaffirmed a “hold” rating and set a $116.00 price objective on shares of Union Pacific in a report on Friday. Zacks Investment Research raised Union Pacific from a “hold” rating to a “buy” rating and set a $122.00 price objective on the stock in a report on Tuesday, May 30th. Finally, Credit Suisse Group AG raised their price objective on Union Pacific from $129.00 to $131.00 and gave the stock a “buy” rating in a report on Friday, May 26th. One analyst has rated the stock with a sell rating, eleven have issued a hold rating, eleven have issued a buy rating and one has assigned a strong buy rating to the stock. Union Pacific presently has an average rating of “Buy” and an average price target of $108.85.

In other news, EVP Elizabeth F. Whited sold 1,000 shares of the stock in a transaction on Friday, March 10th. The shares were sold at an average price of $106.89, for a total transaction of $106,890.00. Following the transaction, the executive vice president now owns 50,583 shares in the company, valued at approximately $5,406,816.87. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Corporate insiders own 0.14% of the company’s stock.

About Union Pacific

Union Pacific Corporation is a railroad operating company in the United States. The Company operates through its principal operating company, Union Pacific Railroad Company (UPRR). Its business mix includes Agricultural Products, Automotive, Chemicals, Coal, Industrial Products and Intermodal. Its freight traffic consists of bulk, manifest, and premium business.new TradingView.widget({ “height”: 400, “width”: 625, “symbol”: “UNP”, “interval”: “D”, “timezone”: “Etc/UTC”, “theme”: “White”, “style”: “1”, “locale”: “en”, “toolbar_bg”: “#f1f3f6”, “enable_publishing”: false, “hideideas”: true, “referral_id”: “2588”});

Want to see what other hedge funds are holding UNP? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Union Pacific Co. (NYSE:UNP).

Receive News & Ratings for Union Pacific Co. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Union Pacific Co. and related companies with MarketBeat.com's FREE daily email newsletter.



Leave a Reply

 
© 2006-2017 Mideast Time.