Trinity Legacy Partners LLC Raises Stock Position in Union Pacific Co. (NYSE:UNP)

Trinity Legacy Partners LLC boosted its position in shares of Union Pacific Co. (NYSE:UNPGet Rating) by 22.9% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 11,284 shares of the railroad operator’s stock after acquiring an additional 2,101 shares during the period. Trinity Legacy Partners LLC’s holdings in Union Pacific were worth $3,083,000 as of its most recent SEC filing.

A number of other large investors have also recently modified their holdings of the stock. Baldwin Brothers LLC MA grew its stake in Union Pacific by 0.5% during the first quarter. Baldwin Brothers LLC MA now owns 69,930 shares of the railroad operator’s stock valued at $19,106,000 after acquiring an additional 365 shares in the last quarter. Coastal Investment Advisors Inc. grew its stake in Union Pacific by 25.0% during the first quarter. Coastal Investment Advisors Inc. now owns 2,567 shares of the railroad operator’s stock valued at $701,000 after acquiring an additional 513 shares in the last quarter. Traynor Capital Management Inc. lifted its position in Union Pacific by 2.6% during the first quarter. Traynor Capital Management Inc. now owns 3,000 shares of the railroad operator’s stock valued at $819,000 after purchasing an additional 76 shares during the last quarter. MEAG MUNICH ERGO Kapitalanlagegesellschaft mbH lifted its position in Union Pacific by 431.0% during the first quarter. MEAG MUNICH ERGO Kapitalanlagegesellschaft mbH now owns 5,331 shares of the railroad operator’s stock valued at $1,475,000 after purchasing an additional 4,327 shares during the last quarter. Finally, Flagship Harbor Advisors LLC lifted its position in Union Pacific by 22.2% during the first quarter. Flagship Harbor Advisors LLC now owns 1,648 shares of the railroad operator’s stock valued at $450,000 after purchasing an additional 299 shares during the last quarter. 80.26% of the stock is owned by institutional investors.

Shares of NYSE UNP opened at $208.99 on Thursday. The company has a quick ratio of 0.58, a current ratio of 0.71 and a debt-to-equity ratio of 2.58. Union Pacific Co. has a 52 week low of $195.68 and a 52 week high of $278.94. The firm’s fifty day moving average is $225.41 and its 200 day moving average is $242.01. The company has a market cap of $131.25 billion, a price-to-earnings ratio of 19.87, a PEG ratio of 1.80 and a beta of 1.22.

Union Pacific (NYSE:UNPGet Rating) last issued its earnings results on Thursday, April 21st. The railroad operator reported $2.57 EPS for the quarter, topping the consensus estimate of $2.55 by $0.02. Union Pacific had a net margin of 30.06% and a return on equity of 50.20%. The company had revenue of $5.86 billion for the quarter, compared to the consensus estimate of $5.76 billion. During the same period in the previous year, the firm earned $2.00 earnings per share. The firm’s revenue for the quarter was up 17.2% on a year-over-year basis. Equities research analysts anticipate that Union Pacific Co. will post 11.61 earnings per share for the current year.

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, June 30th. Shareholders of record on Tuesday, May 31st will be given a dividend of $1.30 per share. This is an increase from Union Pacific’s previous quarterly dividend of $1.18. This represents a $5.20 dividend on an annualized basis and a yield of 2.49%. The ex-dividend date of this dividend is Friday, May 27th. Union Pacific’s payout ratio is presently 49.43%.

Several brokerages have issued reports on UNP. TD Securities lifted their target price on shares of Union Pacific from $265.00 to $275.00 and gave the company a “hold” rating in a research report on Friday, April 22nd. Susquehanna lifted their target price on shares of Union Pacific from $306.00 to $310.00 and gave the company a “positive” rating in a research report on Thursday, April 7th. UBS Group lowered shares of Union Pacific from a “buy” rating to a “neutral” rating and dropped their target price for the company from $283.00 to $267.00 in a research report on Friday, April 22nd. Susquehanna Bancshares lifted their target price on shares of Union Pacific from $306.00 to $310.00 in a research report on Thursday, April 7th. Finally, JPMorgan Chase & Co. lifted their target price on shares of Union Pacific from $267.00 to $276.00 and gave the company an “overweight” rating in a research report on Friday, April 8th. Eight investment analysts have rated the stock with a hold rating, twelve have issued a buy rating and one has given a strong buy rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $264.23.

In other Union Pacific news, EVP Kenyatta G. Rocker sold 4,018 shares of the business’s stock in a transaction on Thursday, April 21st. The shares were sold at an average price of $250.00, for a total transaction of $1,004,500.00. Following the transaction, the executive vice president now directly owns 41,177 shares of the company’s stock, valued at approximately $10,294,250. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. 0.28% of the stock is currently owned by insiders.

Union Pacific Profile (Get Rating)

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, and other agricultural users; petroleum, and liquid petroleum gases; and construction products, industrial chemicals, plastics, forest products, specialized products, metals and ores, soda ash, and sand, as well as finished automobiles, automotive parts, and merchandise in intermodal containers.

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

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