Boston Trust Walden Corp Has $96.86 Million Stock Holdings in Union Pacific Corporation $UNP

Key Points

• Boston Trust Walden Corp reduced its stake in Union Pacific Corporation by 15.1% in the second quarter, now holding 420,967 shares, valued at $96.86 million.
• Union Pacific's shares currently hold a consensus price target of $261.58, with analysts giving one Strong Buy, fifteen Buy, and eleven Hold ratings.
• The company announced a quarterly dividend increase to $1.38, yielding approximately 2.4%, with a payout ratio of 47.96%.

Boston Trust Walden Corp reduced its position in Union Pacific Corporation (NYSE:UNP - Free Report) by 15.1% in the 2nd quarter, according to its most recent filing with the SEC. The fund owned 420,967 shares of the railroad operator's stock after selling 74,590 shares during the period. Boston Trust Walden Corp owned about 0.07% of Union Pacific worth $96,856,000 as of its most recent filing with the SEC.

Several other hedge funds have also bought and sold shares of the company. Verdence Capital Advisors LLC lifted its stake in Union Pacific by 0.5% in the 2nd quarter. Verdence Capital Advisors LLC now owns 13,084 shares of the railroad operator's stock valued at $3,010,000 after purchasing an additional 59 shares during the last quarter. Envestnet Portfolio Solutions Inc. lifted its stake in Union Pacific by 10.6% in the 2nd quarter. Envestnet Portfolio Solutions Inc. now owns 93,337 shares of the railroad operator's stock valued at $21,475,000 after purchasing an additional 8,925 shares during the last quarter. Sequoia Financial Advisors LLC lifted its stake in Union Pacific by 2.0% in the 2nd quarter. Sequoia Financial Advisors LLC now owns 63,710 shares of the railroad operator's stock valued at $14,658,000 after purchasing an additional 1,219 shares during the last quarter. Vest Financial LLC lifted its stake in Union Pacific by 39.3% in the 2nd quarter. Vest Financial LLC now owns 9,738 shares of the railroad operator's stock valued at $2,241,000 after purchasing an additional 2,746 shares during the last quarter. Finally, St. Louis Trust Co lifted its stake in Union Pacific by 37.2% in the 2nd quarter. St. Louis Trust Co now owns 16,584 shares of the railroad operator's stock valued at $3,816,000 after purchasing an additional 4,500 shares during the last quarter. 80.38% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several equities research analysts recently issued reports on UNP shares. Royal Bank Of Canada raised their target price on shares of Union Pacific from $257.00 to $276.00 and gave the company an "outperform" rating in a research note on Wednesday, July 30th. Wells Fargo & Company raised their price objective on shares of Union Pacific from $250.00 to $260.00 and gave the stock an "overweight" rating in a research report on Friday, July 25th. Loop Capital upgraded shares of Union Pacific from a "sell" rating to a "hold" rating and raised their price objective for the stock from $214.00 to $227.00 in a research report on Tuesday, September 16th. Evercore ISI cut their price objective on shares of Union Pacific from $244.00 to $238.00 and set an "in-line" rating for the company in a research report on Friday, July 25th. Finally, Raymond James Financial restated a "strong-buy" rating on shares of Union Pacific in a research report on Tuesday, July 15th. One analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating and eleven have assigned a Hold rating to the company's stock. According to MarketBeat, Union Pacific has an average rating of "Moderate Buy" and a consensus price target of $261.58.

Union Pacific Stock Up 0.2%

Shares of UNP opened at $225.81 on Tuesday. Union Pacific Corporation has a 12 month low of $204.66 and a 12 month high of $256.84. The firm's 50 day moving average is $224.52 and its 200-day moving average is $224.25. The stock has a market capitalization of $133.93 billion, a PE ratio of 19.62, a P/E/G ratio of 2.34 and a beta of 1.07. The company has a current ratio of 0.65, a quick ratio of 0.53 and a debt-to-equity ratio of 1.86.

Union Pacific (NYSE:UNP - Get Free Report) last announced its earnings results on Thursday, July 24th. The railroad operator reported $3.03 EPS for the quarter, topping the consensus estimate of $2.84 by $0.19. Union Pacific had a net margin of 28.43% and a return on equity of 41.73%. The company had revenue of $6.15 billion for the quarter, compared to analysts' expectations of $6.09 billion. During the same period last year, the firm earned $2.74 earnings per share. The business's revenue for the quarter was up 2.4% on a year-over-year basis. Equities research analysts forecast that Union Pacific Corporation will post 11.99 EPS for the current year.

Union Pacific Increases Dividend

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

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.

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