Wilkinson Global Asset Management LLC Has $73.67 Million Stock Holdings in Union Pacific Corporation (NYSE:UNP)

Wilkinson Global Asset Management LLC cut its position in shares of Union Pacific Corporation (NYSE:UNP - Free Report) by 1.5% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 311,853 shares of the railroad operator's stock after selling 4,687 shares during the quarter. Union Pacific comprises about 4.6% of Wilkinson Global Asset Management LLC's holdings, making the stock its 7th largest position. Wilkinson Global Asset Management LLC owned 0.05% of Union Pacific worth $73,672,000 at the end of the most recent reporting period.

A number of other hedge funds have also bought and sold shares of UNP. Fiduciary Trust Co lifted its stake in shares of Union Pacific by 2.8% in the 4th quarter. Fiduciary Trust Co now owns 102,213 shares of the railroad operator's stock valued at $23,309,000 after purchasing an additional 2,807 shares during the period. Sherbrooke Park Advisers LLC bought a new stake in Union Pacific in the fourth quarter worth approximately $781,000. Meadow Creek Wealth Advisors LLC lifted its stake in Union Pacific by 10.9% in the first quarter. Meadow Creek Wealth Advisors LLC now owns 3,666 shares of the railroad operator's stock valued at $866,000 after buying an additional 359 shares during the period. GAMMA Investing LLC boosted its holdings in shares of Union Pacific by 16.8% during the 1st quarter. GAMMA Investing LLC now owns 10,545 shares of the railroad operator's stock worth $2,491,000 after buying an additional 1,520 shares in the last quarter. Finally, Truist Financial Corp boosted its holdings in shares of Union Pacific by 2.7% during the 1st quarter. Truist Financial Corp now owns 968,061 shares of the railroad operator's stock worth $228,695,000 after buying an additional 25,900 shares in the last quarter. Institutional investors own 80.38% of the company's stock.

Wall Street Analysts Forecast Growth

UNP has been the subject of several research analyst reports. Stifel Nicolaus lowered their price objective on shares of Union Pacific from $270.00 to $248.00 and set a "buy" rating for the company in a research note on Monday, April 14th. Barclays lifted their price target on shares of Union Pacific from $260.00 to $270.00 and gave the company an "overweight" rating in a research note on Thursday. Raymond James Financial reiterated a "strong-buy" rating on shares of Union Pacific in a report on Friday, April 25th. Morgan Stanley reduced their target price on Union Pacific from $220.00 to $215.00 and set an "equal weight" rating for the company in a research note on Monday, July 7th. Finally, The Goldman Sachs Group reaffirmed a "neutral" rating and issued a $263.00 target price on shares of Union Pacific in a research report on Monday, June 2nd. One research analyst has rated the stock with a sell rating, nine have given a hold rating, fifteen have issued a buy rating and two have assigned a strong buy rating to the company's stock. According to MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $256.63.

Union Pacific Stock Down 0.8%

Shares of UNP stock traded down $1.99 on Friday, hitting $235.01. The stock had a trading volume of 3,211,722 shares, compared to its average volume of 2,743,214. The company has a debt-to-equity ratio of 1.91, a current ratio of 0.73 and a quick ratio of 0.61. The business has a 50 day moving average of $226.11 and a 200 day moving average of $231.15. Union Pacific Corporation has a 12-month low of $204.66 and a 12-month high of $258.07. The stock has a market cap of $140.41 billion, a price-to-earnings ratio of 21.17, a price-to-earnings-growth ratio of 2.36 and a beta of 1.05.

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

Union Pacific Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, June 30th. Investors of record on Friday, May 30th were given a dividend of $1.34 per share. This represents a $5.36 dividend on an annualized basis and a dividend yield of 2.28%. The ex-dividend date of this dividend was Friday, May 30th. Union Pacific's payout ratio is 48.29%.

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.