Union Pacific Co. (NYSE:UNP) Shares Bought by Torray Investment Partners LLC

Torray Investment Partners LLC grew its stake in shares of Union Pacific Co. (NYSE:UNP) by 9.0% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 14,262 shares of the railroad operator’s stock after acquiring an additional 1,183 shares during the period. Torray Investment Partners LLC’s holdings in Union Pacific were worth $3,227,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of the company. Allegheny Financial Group LTD raised its holdings in shares of Union Pacific by 22.5% in the fourth quarter. Allegheny Financial Group LTD now owns 10,885 shares of the railroad operator’s stock worth $2,674,000 after acquiring an additional 2,000 shares during the last quarter. BNP Paribas purchased a new position in Union Pacific in the 1st quarter valued at about $1,088,000. Stifel Financial Corp boosted its stake in shares of Union Pacific by 10.8% during the 4th quarter. Stifel Financial Corp now owns 2,273,959 shares of the railroad operator’s stock worth $558,542,000 after purchasing an additional 222,318 shares during the last quarter. Envestnet Portfolio Solutions Inc. grew its holdings in shares of Union Pacific by 19.0% during the first quarter. Envestnet Portfolio Solutions Inc. now owns 126,369 shares of the railroad operator’s stock worth $31,078,000 after buying an additional 20,173 shares in the last quarter. Finally, Cambridge Investment Research Advisors Inc. raised its position in shares of Union Pacific by 5.7% in the fourth quarter. Cambridge Investment Research Advisors Inc. now owns 75,365 shares of the railroad operator’s stock valued at $18,511,000 after buying an additional 4,089 shares during the last quarter. Hedge funds and other institutional investors own 80.38% of the company’s stock.

Analyst Ratings Changes

UNP has been the topic of several recent analyst reports. Sanford C. Bernstein reduced their target price on Union Pacific from $290.00 to $273.00 and set an “outperform” rating on the stock in a research report on Monday, July 8th. Barclays cut their price objective on shares of Union Pacific from $290.00 to $280.00 and set an “overweight” rating on the stock in a report on Friday, July 26th. Susquehanna lowered their target price on shares of Union Pacific from $270.00 to $250.00 and set a “neutral” rating for the company in a report on Tuesday, June 25th. TD Cowen cut their price target on shares of Union Pacific from $259.00 to $255.00 and set a “buy” rating on the stock in a research note on Friday, July 26th. Finally, Stifel Nicolaus lowered their price objective on shares of Union Pacific from $267.00 to $265.00 and set a “buy” rating for the company in a research note on Wednesday, July 17th. Eight analysts have rated the stock with a hold rating, twelve have issued a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $258.79.

Union Pacific Price Performance

NYSE UNP traded down $1.90 on Friday, reaching $249.63. The company’s stock had a trading volume of 2,406,225 shares, compared to its average volume of 2,268,389. The company has a current ratio of 1.05, a quick ratio of 0.86 and a debt-to-equity ratio of 1.89. The business has a 50-day moving average price of $240.55 and a 200 day moving average price of $239.38. Union Pacific Co. has a 52 week low of $199.33 and a 52 week high of $258.66. The firm has a market cap of $152.07 billion, a PE ratio of 23.81, a price-to-earnings-growth ratio of 2.26 and a beta of 1.05.

Union Pacific (NYSE:UNP) last issued its quarterly earnings data on Thursday, July 25th. The railroad operator reported $2.74 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.71 by $0.03. Union Pacific had a return on equity of 42.62% and a net margin of 26.90%. The firm had revenue of $6.01 billion during the quarter, compared to the consensus estimate of $6.05 billion. During the same quarter in the previous year, the company posted $2.57 EPS. The business’s revenue for the quarter was up .7% compared to the same quarter last year. Sell-side analysts expect that Union Pacific Co. will post 11.11 EPS for the current year.

Union Pacific Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, September 30th. Investors of record on Friday, August 30th will be issued a $1.34 dividend. This is a boost from Union Pacific’s previous quarterly dividend of $1.30. The ex-dividend date of this dividend is Friday, August 30th. This represents a $5.36 annualized dividend and a yield of 2.15%. Union Pacific’s dividend payout ratio (DPR) is currently 51.15%.

Insider Buying and Selling at Union Pacific

In other news, President Elizabeth F. Whited sold 3,552 shares of the stock in a transaction on Tuesday, July 30th. The stock was sold at an average price of $246.59, for a total value of $875,887.68. Following the transaction, the president now owns 64,945 shares of the company’s stock, valued at approximately $16,014,787.55. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Corporate insiders own 0.28% of the company’s stock.

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.