Loring Wolcott & Coolidge Fiduciary Advisors LLP MA Has $53.31 Million Holdings in Union Pacific Corporation (NYSE:UNP)

Loring Wolcott & Coolidge Fiduciary Advisors LLP MA decreased its stake in Union Pacific Corporation (NYSE:UNP - Free Report) by 2.7% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 242,550 shares of the railroad operator's stock after selling 6,762 shares during the quarter. Loring Wolcott & Coolidge Fiduciary Advisors LLP MA's holdings in Union Pacific were worth $53,308,000 at the end of the most recent quarter.

Other large investors have also recently bought and sold shares of the company. Highline Wealth Partners LLC grew its holdings in shares of Union Pacific by 103.5% in the 1st quarter. Highline Wealth Partners LLC now owns 116 shares of the railroad operator's stock worth $27,000 after purchasing an additional 59 shares during the last quarter. EnRich Financial Partners LLC bought a new position in Union Pacific during the 4th quarter valued at about $31,000. Strategic Investment Solutions Inc. IL boosted its position in Union Pacific by 38.8% in the fourth quarter. Strategic Investment Solutions Inc. IL now owns 161 shares of the railroad operator's stock valued at $39,000 after buying an additional 45 shares in the last quarter. Meeder Asset Management Inc. grew its stake in Union Pacific by 223.2% during the fourth quarter. Meeder Asset Management Inc. now owns 307 shares of the railroad operator's stock worth $70,000 after buying an additional 212 shares during the last quarter. Finally, Transce3nd LLC bought a new stake in Union Pacific during the fourth quarter worth about $72,000. 80.38% of the stock is currently owned by institutional investors.

Union Pacific Stock Up 1.3%

Shares of Union Pacific stock opened at $229.85 on Friday. The business has a fifty day simple moving average of $221.89 and a 200 day simple moving average of $230.76. The stock has a market cap of $137.33 billion, a PE ratio of 20.71, a price-to-earnings-growth ratio of 2.28 and a beta of 1.05. The company has a quick ratio of 0.61, a current ratio of 0.73 and a debt-to-equity ratio of 1.91. Union Pacific Corporation has a 12 month low of $204.66 and a 12 month high of $258.07.

Union Pacific (NYSE:UNP - Get Free Report) last announced its quarterly earnings results on Thursday, April 24th. The railroad operator reported $2.70 EPS for the quarter, missing analysts' consensus estimates of $2.73 by ($0.03). The company had revenue of $6.03 billion during the quarter, compared to the consensus estimate of $6.11 billion. Union Pacific had a net margin of 27.76% and a return on equity of 40.80%. The business's revenue was down .1% compared to the same quarter last year. During the same period last year, the company earned $2.69 earnings per share. Research analysts predict that Union Pacific Corporation will post 11.99 EPS for the current year.

Union Pacific Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, June 30th. Shareholders of record on Friday, May 30th will be paid a $1.34 dividend. This represents a $5.36 annualized dividend and a yield of 2.33%. The ex-dividend date of this dividend is Friday, May 30th. Union Pacific's payout ratio is presently 48.29%.

Wall Street Analyst Weigh In

A number of research analysts have recently issued reports on the stock. Redburn Atlantic upgraded shares of Union Pacific from a "neutral" rating to a "buy" rating and set a $259.00 target price for the company in a research note on Wednesday, April 16th. Jefferies Financial Group cut their price objective on Union Pacific from $255.00 to $230.00 and set a "hold" rating for the company in a research report on Wednesday, April 9th. Susquehanna raised Union Pacific from a "neutral" rating to a "positive" rating and boosted their price objective for the stock from $245.00 to $260.00 in a research note on Tuesday. Deutsche Bank Aktiengesellschaft started coverage on Union Pacific in a research note on Friday, March 7th. They issued a "buy" rating and a $295.00 target price for the company. Finally, Bank of America lifted their price target on Union Pacific from $256.00 to $262.00 and gave the company a "buy" rating in a report on Friday, May 16th. One equities research analyst has rated the stock with a sell rating, six have given a hold rating, sixteen have assigned a buy rating and two have given a strong buy rating to the stock. Based on data from MarketBeat, the company has an average rating of "Moderate Buy" and an average price target of $258.39.

About Union Pacific

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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