Boston Trust Walden Corp Sells 74,590 Shares of Union Pacific Corporation $UNP

Boston Trust Walden Corp trimmed its position in Union Pacific Corporation (NYSE:UNP) by 15.1% during the second quarter, HoldingsChannel.com reports. The fund owned 420,967 shares of the railroad operator’s stock after selling 74,590 shares during the quarter. Boston Trust Walden Corp’s holdings in Union Pacific were worth $96,856,000 at the end of the most recent reporting period.

A number of other hedge funds have also added to or reduced their stakes in the company. Highline Wealth Partners LLC grew its stake in shares of Union Pacific by 103.5% during the first quarter. Highline Wealth Partners LLC now owns 116 shares of the railroad operator’s stock worth $27,000 after buying an additional 59 shares during the last quarter. CBIZ Investment Advisory Services LLC grew its stake in shares of Union Pacific by 1,400.0% during the first quarter. CBIZ Investment Advisory Services LLC now owns 120 shares of the railroad operator’s stock worth $28,000 after buying an additional 112 shares during the last quarter. Financial Gravity Asset Management Inc. bought a new stake in shares of Union Pacific during the first quarter worth $32,000. WPG Advisers LLC bought a new stake in shares of Union Pacific during the first quarter worth $33,000. Finally, Cornerstone Planning Group LLC grew its stake in shares of Union Pacific by 50.5% during the first quarter. Cornerstone Planning Group LLC now owns 167 shares of the railroad operator’s stock worth $37,000 after buying an additional 56 shares during the last quarter. 80.38% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of research firms have weighed in on UNP. Raymond James Financial reaffirmed a “strong-buy” rating on shares of Union Pacific in a research note on Tuesday, July 15th. Citigroup reaffirmed a “buy” rating and set a $263.00 target price (up previously from $251.00) on shares of Union Pacific in a research note on Monday. Morgan Stanley cut their price target on shares of Union Pacific from $220.00 to $215.00 and set an “equal weight” rating on the stock in a report on Monday, July 7th. 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 report on Monday, July 21st. Finally, Royal Bank Of Canada lifted their price target on shares of Union Pacific from $257.00 to $276.00 and gave the stock an “outperform” rating in a report on Wednesday, July 30th. One research analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and eleven have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, Union Pacific has an average rating of “Moderate Buy” and a consensus price target of $261.58.

Union Pacific Price Performance

Shares of NYSE:UNP opened at $225.81 on Tuesday. The firm has a market cap of $133.93 billion, a PE ratio of 19.62, a price-to-earnings-growth ratio of 2.34 and a beta of 1.07. The company has a debt-to-equity ratio of 1.86, a quick ratio of 0.53 and a current ratio of 0.65. Union Pacific Corporation has a 52 week low of $204.66 and a 52 week high of $256.84. The firm’s fifty day moving average is $224.52 and its 200-day moving average is $224.25.

Union Pacific (NYSE:UNP) last released its earnings results on Thursday, July 24th. The railroad operator reported $3.03 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.84 by $0.19. The business had revenue of $6.15 billion for the quarter, compared to analyst estimates of $6.09 billion. Union Pacific had a net margin of 28.43% and a return on equity of 41.73%. Union Pacific’s revenue for the quarter was up 2.4% on a year-over-year basis. During the same quarter in the previous year, the business earned $2.74 earnings per share. Sell-side analysts predict that Union Pacific Corporation will post 11.99 earnings per share for the current year.

Union Pacific Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, September 30th. Investors of record on Friday, August 29th were issued a $1.38 dividend. The ex-dividend date was Friday, August 29th. This is a positive change from Union Pacific’s previous quarterly dividend of $1.34. This represents a $5.52 annualized dividend and a yield of 2.4%. Union Pacific’s dividend payout ratio (DPR) is presently 47.96%.

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.