Tilia Fiduciary Partners Inc. Boosts Stake in Union Pacific Co. (NYSE:UNP)

Tilia Fiduciary Partners Inc. lifted its holdings in shares of Union Pacific Co. (NYSE:UNP) by 4.7% during the third quarter, Holdings Channel reports. The fund owned 10,155 shares of the railroad operator’s stock after purchasing an additional 456 shares during the quarter. Union Pacific accounts for 1.7% of Tilia Fiduciary Partners Inc.’s investment portfolio, making the stock its 18th largest holding. Tilia Fiduciary Partners Inc.’s holdings in Union Pacific were worth $2,503,000 as of its most recent filing with the SEC.

Several other institutional investors have also modified their holdings of UNP. Forum Financial Management LP raised its position in shares of Union Pacific by 0.6% in the 1st quarter. Forum Financial Management LP now owns 7,037 shares of the railroad operator’s stock valued at $1,731,000 after purchasing an additional 41 shares in the last quarter. Fairhaven Wealth Management LLC raised its holdings in Union Pacific by 1.7% in the second quarter. Fairhaven Wealth Management LLC now owns 2,581 shares of the railroad operator’s stock valued at $584,000 after acquiring an additional 43 shares in the last quarter. Chesapeake Wealth Management boosted its stake in Union Pacific by 0.5% during the 2nd quarter. Chesapeake Wealth Management now owns 8,202 shares of the railroad operator’s stock valued at $1,856,000 after acquiring an additional 43 shares during the last quarter. Elevated Capital Advisors LLC grew its holdings in Union Pacific by 3.6% during the 1st quarter. Elevated Capital Advisors LLC now owns 1,269 shares of the railroad operator’s stock worth $312,000 after acquiring an additional 44 shares in the last quarter. Finally, Fortis Capital Advisors LLC raised its stake in shares of Union Pacific by 5.0% in the 1st quarter. Fortis Capital Advisors LLC now owns 916 shares of the railroad operator’s stock valued at $225,000 after purchasing an additional 44 shares in the last quarter. Institutional investors and hedge funds own 80.38% of the company’s stock.

Union Pacific Price Performance

UNP stock traded down $0.86 during trading on Wednesday, hitting $236.70. The company had a trading volume of 385,634 shares, compared to its average volume of 2,272,859. The firm has a market capitalization of $144.20 billion, a price-to-earnings ratio of 22.67, a P/E/G ratio of 2.20 and a beta of 1.05. The company has a current ratio of 1.05, a quick ratio of 0.86 and a debt-to-equity ratio of 1.89. The business has a 50 day moving average of $245.92 and a 200 day moving average of $238.62. Union Pacific Co. has a fifty-two week low of $199.97 and a fifty-two week high of $258.66.

Union Pacific (NYSE:UNP) last posted its quarterly earnings data on Thursday, July 25th. The railroad operator reported $2.74 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.71 by $0.03. Union Pacific had a net margin of 26.90% and a return on equity of 42.62%. The business had revenue of $6.01 billion during the quarter, compared to analysts’ expectations of $6.05 billion. During the same period last year, the firm posted $2.57 earnings per share. The business’s revenue was up .7% on a year-over-year basis. As a group, research analysts predict that Union Pacific Co. will post 11.1 earnings per share for the current year.

Union Pacific Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, September 30th. Stockholders of record on Friday, August 30th were paid a $1.34 dividend. This represents a $5.36 dividend on an annualized basis and a dividend yield of 2.26%. The ex-dividend date of this dividend was Friday, August 30th. This is an increase from Union Pacific’s previous quarterly dividend of $1.30. Union Pacific’s payout ratio is currently 51.15%.

Analysts Set New Price Targets

Several analysts recently weighed in on UNP shares. Bank of America lowered their price objective on Union Pacific from $273.00 to $270.00 and set a “buy” rating for the company in a report on Tuesday, September 24th. TD Cowen dropped their price target on Union Pacific from $259.00 to $255.00 and set a “buy” rating on the stock in a research report on Friday, July 26th. Evercore ISI downgraded shares of Union Pacific from an “outperform” rating to an “inline” rating and decreased their price objective for the stock from $254.00 to $247.00 in a report on Wednesday, September 25th. Benchmark reissued a “buy” rating and set a $266.00 target price on shares of Union Pacific in a report on Monday, July 29th. Finally, Barclays decreased their price target on shares of Union Pacific from $290.00 to $280.00 and set an “overweight” rating for the company in a report on Friday, July 26th. Nine equities research analysts have rated the stock with a hold rating, eleven have assigned a buy rating and one has given a strong buy rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $259.55.

Insider Activity

In related news, President Elizabeth F. Whited sold 3,552 shares of Union Pacific stock in a transaction dated Tuesday, July 30th. The stock was sold at an average price of $246.59, for a total transaction of $875,887.68. Following the transaction, the president now directly owns 64,945 shares of the company’s stock, valued at $16,014,787.55. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Insiders own 0.28% of the company’s stock.

Union Pacific 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.