Dividend Assets Capital LLC Sells 8,834 Shares of Union Pacific Corporation $UNP

Dividend Assets Capital LLC trimmed its position in shares of Union Pacific Corporation (NYSE:UNP) by 32.1% during the 1st quarter, Holdings Channel reports. The fund owned 18,709 shares of the railroad operator’s stock after selling 8,834 shares during the period. Dividend Assets Capital LLC’s holdings in Union Pacific were worth $4,539,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Ascentis Independent Advisors increased its position in Union Pacific by 70.2% in the first quarter. Ascentis Independent Advisors now owns 8,493 shares of the railroad operator’s stock worth $2,061,000 after purchasing an additional 3,503 shares during the last quarter. Stephens Inc. AR lifted its position in Union Pacific by 1.1% during the first quarter. Stephens Inc. AR now owns 48,312 shares of the railroad operator’s stock valued at $11,842,000 after purchasing an additional 508 shares during the last quarter. Hardy Reed LLC grew its stake in shares of Union Pacific by 4.3% in the 1st quarter. Hardy Reed LLC now owns 2,110 shares of the railroad operator’s stock worth $512,000 after buying an additional 87 shares in the last quarter. B.O.S.S. Retirement Advisors LLC purchased a new position in shares of Union Pacific in the 1st quarter worth $305,000. Finally, Berger Financial Group Inc bought a new stake in shares of Union Pacific in the 1st quarter worth about $206,000. 80.38% of the stock is currently owned by institutional investors.

Key Headlines Impacting Union Pacific

Here are the key news stories impacting Union Pacific this week:

• Positive Sentiment: Union Pacific is drawing attention after a stake change, which can signal renewed investor interest and sometimes sparks buying. Union Pacific (NYSE:UNP) Draws Attention After Stake Change
• Positive Sentiment: Shares are being helped by commentary that rail momentum is building and UNP is hitting fresh highs, reinforcing a bullish technical and industry backdrop. Union Pacific (NYSE:UNP) Hits Fresh High As Rail Momentum Builds
• Positive Sentiment: Analyst and preview pieces suggest Union Pacific could post another earnings beat, with expectations for single-digit bottom-line growth and favorable freight trends. Union Pacific’s Quarterly Earnings Preview: What You Need to Know
• Positive Sentiment: Brokerage coverage remains constructive, with Union Pacific still carrying a consensus “Moderate Buy” rating. Union Pacific Corporation (NYSE:UNP) Given Consensus Rating of “Moderate Buy” by Brokerages
• Neutral Sentiment: Some coverage notes that rising intermodal volumes are affecting major railroads, but the article frames the trend as an industry-wide dynamic rather than a company-specific catalyst. Rising intermodal volume slows big four U.S. rail systems
• Negative Sentiment: A class action was certified against Union Pacific over alleged dumping of carcinogenic chemicals in Wichita neighborhoods, adding legal and reputational risk that could weigh on the stock. Lanier Law Firm: Class Action Certified Against Union Pacific for Dumping Carcinogenic Chemicals in Historically Black Wichita Neighborhoods

Wall Street Analyst Weigh In

Several brokerages have recently issued reports on UNP. UBS Group restated a “neutral” rating and set a $274.00 target price (up from $253.00) on shares of Union Pacific in a research report on Friday, April 24th. JPMorgan Chase & Co. lifted their price target on Union Pacific from $267.00 to $275.00 and gave the stock a “neutral” rating in a research report on Friday, April 24th. Barclays reissued an “overweight” rating and set a $315.00 price objective (up from $285.00) on shares of Union Pacific in a research note on Friday, April 24th. Raymond James Financial set a $310.00 price objective on Union Pacific in a research report on Friday, April 24th. Finally, Wells Fargo & Company reaffirmed an “overweight” rating and issued a $300.00 price objective (up from $260.00) on shares of Union Pacific in a research note on Friday, April 24th. One research analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating and eight have given a Hold rating to the company. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $283.11.

Union Pacific Trading Up 0.1%

Shares of UNP opened at $282.50 on Monday. Union Pacific Corporation has a twelve month low of $210.84 and a twelve month high of $282.80. The company has a market cap of $167.73 billion, a P/E ratio of 23.27, a P/E/G ratio of 2.97 and a beta of 0.96. The company has a current ratio of 0.92, a quick ratio of 0.73 and a debt-to-equity ratio of 1.53. The company’s fifty day simple moving average is $267.68 and its 200-day simple moving average is $252.36.

Union Pacific (NYSE:UNP) last released its quarterly earnings results on Thursday, April 23rd. The railroad operator reported $2.93 EPS for the quarter, topping analysts’ consensus estimates of $2.86 by $0.07. The firm had revenue of $6.22 billion during the quarter, compared to analysts’ expectations of $6.12 billion. Union Pacific had a net margin of 29.20% and a return on equity of 39.58%. The firm’s revenue for the quarter was up 3.2% compared to the same quarter last year. During the same period in the previous year, the company earned $2.70 EPS. As a group, analysts expect that Union Pacific Corporation will post 12.55 EPS for the current year.

Union Pacific Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Friday, May 29th were paid a $1.38 dividend. The ex-dividend date of this dividend was Friday, May 29th. This represents a $5.52 annualized dividend and a yield of 2.0%. Union Pacific’s dividend payout ratio (DPR) is presently 45.47%.

Insiders Place Their Bets

In other Union Pacific news, EVP Kenyatta G. Rocker sold 27,387 shares of the business’s stock in a transaction that occurred on Friday, April 24th. The stock was sold at an average price of $271.76, for a total transaction of $7,442,691.12. Following the completion of the transaction, the executive vice president owned 61,102 shares in the company, valued at $16,605,079.52. The trade was a 30.95% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, EVP Eric J. Gehringer sold 2,991 shares of the company’s stock in a transaction that occurred on Wednesday, June 3rd. The shares were sold at an average price of $263.96, for a total value of $789,504.36. Following the transaction, the executive vice president directly owned 43,012 shares in the company, valued at approximately $11,353,447.52. This represents a 6.50% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 32,378 shares of company stock valued at $8,781,595 over the last 90 days. Insiders own 0.22% of the company’s stock.

Union Pacific Company Profile

Union Pacific Corporation (NYSE: UNP) is one of the largest freight railroad companies in the United States. Its principal operating subsidiary, Union Pacific Railroad, has roots that trace back to the Pacific Railway Act of 1862 and the construction of the first transcontinental rail link completed in 1869. The company is headquartered in Omaha, Nebraska, and operates as a holding company for rail transportation and related services.

Union Pacific’s core business is the movement of freight by rail across an extensive rail network serving the western two‑thirds of the United States.