CHICAGO TRUST Co NA Acquires 3,419 Shares of Union Pacific Corporation $UNP

Key Points

• CHICAGO TRUST Co NA increased its holdings in Union Pacific Corporation by 24.3% during the second quarter, acquiring an additional 3,419 shares to reach a total of 17,517 shares valued at approximately $4,030,000.
• Union Pacific recently raised its quarterly dividend to $1.38 per share, up from $1.34, resulting in an annualized dividend of $5.52 and a yield of 2.4%.
• Analysts have mixed ratings on Union Pacific, with one analyst giving a "Strong Buy," fifteen rating it as a "Buy," and an average consensus target price of $259.38.

CHICAGO TRUST Co NA grew its holdings in Union Pacific Corporation (NYSE:UNP - Free Report) by 24.3% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 17,517 shares of the railroad operator's stock after acquiring an additional 3,419 shares during the quarter. CHICAGO TRUST Co NA's holdings in Union Pacific were worth $4,030,000 at the end of the most recent reporting period.

Several other large investors also recently modified their holdings of the business. Farmers Trust Co. increased its holdings in shares of Union Pacific by 1.2% in the second quarter. Farmers Trust Co. now owns 16,371 shares of the railroad operator's stock worth $3,767,000 after acquiring an additional 188 shares in the last quarter. Lederer & Associates Investment Counsel CA boosted its position in shares of Union Pacific by 2.0% during the second quarter. Lederer & Associates Investment Counsel CA now owns 8,021 shares of the railroad operator's stock worth $1,845,000 after buying an additional 157 shares during the period. Founders Capital Management LLC boosted its position in shares of Union Pacific by 3.2% during the second quarter. Founders Capital Management LLC now owns 49,868 shares of the railroad operator's stock worth $11,474,000 after buying an additional 1,550 shares during the period. Foster Group Inc. boosted its position in shares of Union Pacific by 64.8% during the second quarter. Foster Group Inc. now owns 1,748 shares of the railroad operator's stock worth $402,000 after buying an additional 687 shares during the period. Finally, Clear Harbor Asset Management LLC boosted its position in shares of Union Pacific by 0.5% during the second quarter. Clear Harbor Asset Management LLC now owns 27,084 shares of the railroad operator's stock worth $6,231,000 after buying an additional 125 shares during the period. 80.38% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several research analysts have recently weighed in on UNP shares. BMO Capital Markets upped their price objective on Union Pacific from $270.00 to $277.00 and gave the stock an "outperform" rating in a research report on Friday, July 25th. Raymond James Financial reaffirmed a "strong-buy" rating on shares of Union Pacific in a research report on Tuesday, July 15th. UBS Group upped their price objective on Union Pacific from $238.00 to $240.00 and gave the stock a "neutral" rating in a research report on Friday, July 25th. The Goldman Sachs Group reaffirmed a "neutral" rating and set a $263.00 price objective on shares of Union Pacific in a research report on Monday, June 2nd. Finally, Citigroup raised Union Pacific from a "neutral" rating to a "buy" rating and upped their price objective for the stock from $250.00 to $251.00 in a research report on Monday, September 15th. One analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and ten have given a Hold rating to the stock. Based on data from MarketBeat, Union Pacific presently has an average rating of "Moderate Buy" and a consensus target price of $259.38.

Union Pacific Price Performance

Union Pacific stock opened at $225.78 on Tuesday. The stock's fifty day moving average price is $222.51 and its two-hundred day moving average price is $224.70. Union Pacific Corporation has a one year low of $204.66 and a one year high of $256.84. The company has a debt-to-equity ratio of 1.86, a current ratio of 0.65 and a quick ratio of 0.53. The firm has a market cap of $133.89 billion, a PE ratio of 19.62, a price-to-earnings-growth ratio of 2.14 and a beta of 1.03.

Union Pacific (NYSE:UNP - Get Free Report) last posted its quarterly earnings data on Thursday, July 24th. The railroad operator reported $3.03 EPS for the quarter, topping analysts' consensus estimates of $2.84 by $0.19. Union Pacific had a return on equity of 41.73% and a net margin of 28.43%.The firm had revenue of $6.15 billion for the quarter, compared to analyst estimates of $6.09 billion. During the same quarter last year, the company earned $2.74 EPS. The company's revenue was up 2.4% on a year-over-year basis. As a group, research analysts expect that Union Pacific Corporation will post 11.99 EPS for the current fiscal year.

Union Pacific Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 30th. Investors of record on Friday, August 29th will be paid a $1.38 dividend. This represents a $5.52 annualized dividend and a yield of 2.4%. This is a boost from Union Pacific's previous quarterly dividend of $1.34. The ex-dividend date of this dividend is Friday, August 29th. Union Pacific's payout ratio is 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.

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