Dynamic Advisor Solutions LLC Sells 1,356 Shares of Union Pacific Corporation $UNP

Key Points

• Dynamic Advisor Solutions LLC reduced its holdings in Union Pacific Corporation by 4.2%, now owning 31,000 shares worth approximately $7.13 million.
• Union Pacific recently reported earnings per share of $3.03, exceeding analyst expectations, with a revenue increase of 2.4% year-over-year.
• The company announced a quarterly dividend increase to $1.38, raising its annualized dividend yield to 2.6% with a payout ratio of 47.96%.

Dynamic Advisor Solutions LLC reduced its stake in Union Pacific Corporation (NYSE:UNP - Free Report) by 4.2% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 31,000 shares of the railroad operator's stock after selling 1,356 shares during the period. Dynamic Advisor Solutions LLC's holdings in Union Pacific were worth $7,132,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the business. Highline Wealth Partners LLC lifted its position in Union Pacific by 103.5% in the first quarter. Highline Wealth Partners LLC now owns 116 shares of the railroad operator's stock valued at $27,000 after purchasing an additional 59 shares during the period. CBIZ Investment Advisory Services LLC lifted its position in Union Pacific by 1,400.0% in the first quarter. CBIZ Investment Advisory Services LLC now owns 120 shares of the railroad operator's stock valued at $28,000 after purchasing an additional 112 shares during the period. Financial Gravity Asset Management Inc. acquired a new stake in Union Pacific in the first quarter valued at about $32,000. WPG Advisers LLC acquired a new stake in Union Pacific in the first quarter valued at about $33,000. Finally, Cornerstone Planning Group LLC lifted its position in Union Pacific by 50.5% in the first quarter. Cornerstone Planning Group LLC now owns 167 shares of the railroad operator's stock valued at $37,000 after purchasing an additional 56 shares during the period. 80.38% of the stock is currently owned by institutional investors and hedge funds.

Union Pacific Stock Up 0.2%

UNP stock traded up $0.50 during trading on Friday, reaching $220.86. The stock had a trading volume of 8,631,770 shares, compared to its average volume of 4,396,240. The company has a market capitalization of $130.98 billion, a P/E ratio of 19.19, a PEG ratio of 2.14 and a beta of 1.03. The firm has a fifty day moving average price of $222.94 and a 200 day moving average price of $225.28. The company has a current ratio of 0.65, a quick ratio of 0.53 and a debt-to-equity ratio of 1.86. Union Pacific Corporation has a 1-year low of $204.66 and a 1-year high of $256.84.

Union Pacific (NYSE:UNP - Get Free Report) last issued its earnings results on Thursday, July 24th. The railroad operator reported $3.03 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $2.84 by $0.19. The business had revenue of $6.15 billion for the quarter, compared to analyst estimates of $6.09 billion. Union Pacific had a net margin of 28.43% and a return on equity of 41.73%. The company's revenue for the quarter was up 2.4% on a year-over-year basis. During the same quarter in the prior year, the business posted $2.74 EPS. On average, equities analysts anticipate that Union Pacific Corporation will post 11.99 earnings per share for the current year.

Union Pacific Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, September 30th. Shareholders of record on Friday, August 29th will be given a $1.38 dividend. This is a positive change from Union Pacific's previous quarterly dividend of $1.34. The ex-dividend date is Friday, August 29th. This represents a $5.52 annualized dividend and a yield of 2.5%. Union Pacific's payout ratio is currently 47.96%.

Wall Street Analysts Forecast Growth

A number of research firms have recently issued reports on UNP. Jefferies Financial Group upgraded shares of Union Pacific from a "hold" rating to a "buy" rating and lifted their price target for the company from $250.00 to $285.00 in a research report on Friday, July 25th. UBS Group lifted their price target on shares of Union Pacific from $238.00 to $240.00 and gave the company a "neutral" rating in a research report on Friday, July 25th. Susquehanna reduced their price target on shares of Union Pacific from $260.00 to $257.00 and set a "positive" rating for the company in a research report on Wednesday, July 30th. Loop Capital upgraded Union Pacific from a "sell" rating to a "hold" rating and lifted their price objective for the stock from $214.00 to $227.00 in a research report on Tuesday. Finally, Argus downgraded Union Pacific from a "buy" rating to a "hold" rating in a research report on Tuesday, August 12th. One research analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating and ten have issued a Hold rating to the stock. According to MarketBeat.com, Union Pacific currently has an average rating of "Moderate Buy" and a consensus price target of $259.38.

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.