Schuylkill Financial LLC bought a new position in shares of Union Pacific Corporation (NYSE:UNP – Free Report) during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund bought 4,435 shares of the railroad operator’s stock, valued at approximately $1,206,000. Union Pacific accounts for about 1.1% of Schuylkill Financial LLC’s investment portfolio, making the stock its 24th largest holding.
Other hedge funds and other institutional investors have also modified their holdings of the company. Tucker Asset Management LLC acquired a new stake in Union Pacific during the 4th quarter worth about $25,000. SWAN Capital LLC boosted its holdings in shares of Union Pacific by 2,575.0% in the fourth quarter. SWAN Capital LLC now owns 107 shares of the railroad operator’s stock worth $25,000 after buying an additional 103 shares during the period. Cornerstone Financial Management LLC acquired a new position in shares of Union Pacific in the fourth quarter worth about $27,000. Scarborough Advisors LLC purchased a new position in shares of Union Pacific in the first quarter worth approximately $27,000. Finally, Merkkuri Wealth Advisors LLC purchased a new position in shares of Union Pacific in the first quarter worth approximately $29,000. Institutional investors and hedge funds own 80.38% of the company’s stock.
Analyst Upgrades and Downgrades
Several equities research analysts recently commented on the stock. Robert W. Baird upped their price target on shares of Union Pacific from $311.00 to $344.00 and gave the company an “outperform” rating in a research report on Monday, July 27th. Citizens Jmp initiated coverage on shares of Union Pacific in a research report on Wednesday, July 15th. They set an “outperform” rating and a $350.00 price objective on the stock. Bank of America boosted their target price on shares of Union Pacific from $301.00 to $334.00 and gave the company a “buy” rating in a research note on Thursday, July 23rd. Weiss Ratings upgraded Union Pacific from a “buy (b-)” rating to a “buy (b)” rating in a report on Friday, July 24th. Finally, JPMorgan Chase & Co. raised their target price on Union Pacific from $304.00 to $334.00 and gave the stock a “neutral” rating in a research report on Friday, July 24th. Two investment analysts have rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and six have assigned a Hold rating to the company. Based on data from MarketBeat, Union Pacific has a consensus rating of “Moderate Buy” and a consensus target price of $320.89.
Union Pacific Price Performance
UNP opened at $289.54 on Friday. The stock has a fifty day moving average price of $293.96 and a 200 day moving average price of $270.92. The company has a current ratio of 0.99, a quick ratio of 0.82 and a debt-to-equity ratio of 1.40. Union Pacific Corporation has a 1 year low of $210.84 and a 1 year high of $315.99. The stock has a market cap of $172.01 billion, a price-to-earnings ratio of 23.44, a PEG ratio of 2.88 and a beta of 0.96.
Union Pacific (NYSE:UNP – Get Free Report) last posted its quarterly earnings results on Thursday, July 23rd. The railroad operator reported $3.41 earnings per share for the quarter, topping analysts’ consensus estimates of $3.26 by $0.15. The company had revenue of $6.86 billion during the quarter, compared to the consensus estimate of $6.72 billion. Union Pacific had a return on equity of 38.46% and a net margin of 28.85%.The business’s quarterly revenue was up 11.5% on a year-over-year basis. During the same period last year, the business earned $3.03 EPS. Analysts forecast that Union Pacific Corporation will post 13.02 EPS for the current fiscal year.
Union Pacific Increases Dividend
The firm also recently announced a quarterly dividend, which will be paid on Wednesday, September 30th. Shareholders of record on Monday, August 31st will be paid a $1.42 dividend. This represents a $5.68 dividend on an annualized basis and a yield of 2.0%. This is a boost from Union Pacific’s previous quarterly dividend of $1.38. The ex-dividend date is Monday, August 31st. Union Pacific’s dividend payout ratio is presently 45.99%.
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.
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