6,865 Shares in Union Pacific Corporation $UNP Purchased by Magnolia Capital Advisors LLC

Magnolia Capital Advisors LLC acquired a new position in shares of Union Pacific Corporation (NYSE:UNP) during the second quarter, Holdings Channel.com reports. The institutional investor acquired 6,865 shares of the railroad operator’s stock, valued at approximately $1,867,000.

Other hedge funds have also recently bought and sold shares of the company. Rachor Investment Advisory Services LLC bought a new stake in shares of Union Pacific during the 4th quarter worth approximately $25,000. Tucker Asset Management LLC acquired a new stake in shares of Union Pacific during the 4th quarter worth approximately $25,000. SWAN Capital LLC increased its stake in Union Pacific by 2,575.0% in the fourth quarter. SWAN Capital LLC now owns 107 shares of the railroad operator’s stock valued at $25,000 after acquiring an additional 103 shares during the last quarter. Cornerstone Financial Management LLC bought a new position in Union Pacific in the fourth quarter valued at approximately $27,000. Finally, Scarborough Advisors LLC acquired a new position in Union Pacific during the first quarter valued at approximately $27,000. 80.38% of the stock is owned by institutional investors.

Union Pacific Price Performance

UNP stock opened at $311.21 on Thursday. The company has a 50 day simple moving average of $289.07 and a 200 day simple moving average of $269.15. The stock has a market cap of $184.88 billion, a price-to-earnings ratio of 25.20, a P/E/G ratio of 3.16 and a beta of 0.96. Union Pacific Corporation has a 1 year low of $210.84 and a 1 year high of $315.99. The company has a debt-to-equity ratio of 1.40, a current ratio of 0.99 and a quick ratio of 0.82.

Union Pacific (NYSE:UNP) last issued its quarterly earnings data on Thursday, July 23rd. The railroad operator reported $3.41 EPS for the quarter, beating the consensus estimate of $3.26 by $0.15. Union Pacific had a net margin of 28.85% and a return on equity of 38.46%. The business had revenue of $6.86 billion during the quarter, compared to the consensus estimate of $6.72 billion. During the same quarter in the prior year, the firm earned $3.03 EPS. The firm’s revenue was up 11.5% compared to the same quarter last year. Research analysts anticipate that Union Pacific Corporation will post 12.93 EPS for the current fiscal year.

Union Pacific Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, September 30th. Stockholders 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 dividend yield of 1.8%. The ex-dividend date is Monday, August 31st. This is a positive change from Union Pacific’s previous quarterly dividend of $1.38. Union Pacific’s dividend payout ratio is currently 44.70%.

Analyst Upgrades and Downgrades

Several equities research analysts have weighed in on the company. Raymond James Financial restated a “strong-buy” rating on shares of Union Pacific in a research note on Monday, July 13th. Susquehanna lifted their price target on Union Pacific from $305.00 to $333.00 and gave the company a “positive” rating in a research note on Tuesday, July 14th. Citigroup boosted their price target on Union Pacific from $326.00 to $349.00 and gave the stock a “buy” rating in a report on Friday, July 24th. Benchmark upped their price objective on Union Pacific from $325.00 to $335.00 and gave the stock a “buy” rating in a research report on Friday, July 24th. Finally, Robert W. Baird raised their price objective on Union Pacific from $311.00 to $344.00 and gave the company an “outperform” rating in a research note on Monday, July 27th. Two equities research analysts have rated the stock with a Strong Buy rating, thirteen have given a Buy rating and six have issued a Hold rating to the stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $320.89.

Insider Buying and Selling at Union Pacific

In related news, EVP Eric J. Gehringer sold 2,991 shares of the firm’s stock in a transaction on Wednesday, June 3rd. The stock was sold at an average price of $263.96, for a total transaction of $789,504.36. Following the sale, the executive vice president owned 43,012 shares of the company’s stock, valued at $11,353,447.52. This trade represents a 6.50% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. 0.22% of the stock is currently owned by company insiders.

About Union Pacific

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.