Fiduciary Family Office LLC Purchases New Position in Union Pacific Corporation (NYSE:UNP)

Key Points

• Fiduciary Family Office LLC has acquired a new position in Union Pacific Corporation, purchasing 4,405 shares valued at approximately $1,041,000 in the first quarter.
• Union Pacific recently disclosed a quarterly dividend increase to $1.38, with an annualized yield of 2.5%, representing a positive change from $1.34.
• Several analysts have changed their price targets for Union Pacific, with Wells Fargo raising its target to $260.00, while Citigroup lowered its target to $250.00, reflecting varied outlooks on the stock.

Fiduciary Family Office LLC acquired a new stake in shares of Union Pacific Corporation (NYSE:UNP - Free Report) during the 1st quarter, according to its most recent disclosure with the SEC. The fund acquired 4,405 shares of the railroad operator's stock, valued at approximately $1,041,000.

Several other large investors have also bought and sold shares of UNP. Highline Wealth Partners LLC boosted its position in Union Pacific by 103.5% during the 1st quarter. Highline Wealth Partners LLC now owns 116 shares of the railroad operator's stock valued at $27,000 after acquiring an additional 59 shares in the last quarter. Financial Gravity Asset Management Inc. bought a new stake in shares of Union Pacific in the 1st quarter worth approximately $32,000. Cornerstone Planning Group LLC boosted its position in shares of Union Pacific by 50.5% in the 1st quarter. Cornerstone Planning Group LLC now owns 167 shares of the railroad operator's stock worth $37,000 after purchasing an additional 56 shares in the last quarter. Strategic Investment Solutions Inc. IL boosted its position in shares of Union Pacific by 38.8% in the 4th quarter. Strategic Investment Solutions Inc. IL now owns 161 shares of the railroad operator's stock worth $39,000 after purchasing an additional 45 shares in the last quarter. Finally, IMA Advisory Services Inc. bought a new stake in shares of Union Pacific in the 1st quarter worth approximately $43,000. 80.38% of the stock is owned by institutional investors.

Union Pacific Price Performance

Shares of UNP traded down $0.76 during midday trading on Tuesday, hitting $218.89. 3,223,754 shares of the company traded hands, compared to its average volume of 3,331,291. The firm has a 50 day moving average of $227.10 and a 200-day moving average of $230.12. Union Pacific Corporation has a 52 week low of $204.66 and a 52 week high of $258.07. The stock has a market cap of $129.81 billion, a price-to-earnings ratio of 19.02, a PEG ratio of 2.17 and a beta of 1.05. The company has a debt-to-equity ratio of 1.86, a quick ratio of 0.53 and a current ratio of 0.65.

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

Union Pacific Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, September 30th. Investors of record on Friday, August 29th will be issued a $1.38 dividend. This represents a $5.52 dividend on an annualized basis and a dividend yield of 2.5%. The ex-dividend date of this dividend is Friday, August 29th. This is a positive change from Union Pacific's previous quarterly dividend of $1.34. Union Pacific's payout ratio is 46.57%.

Wall Street Analysts Forecast Growth

A number of analysts have recently commented on UNP shares. Royal Bank Of Canada boosted their price target on Union Pacific from $257.00 to $276.00 and gave the stock an "outperform" rating in a research report on Wednesday, July 30th. Robert W. Baird started coverage on Union Pacific in a research report on Tuesday, July 1st. They issued a "neutral" rating and a $231.00 price target on the stock. Citigroup cut Union Pacific from a "strong-buy" rating to a "hold" rating and dropped their price target for the stock from $270.00 to $250.00 in a research report on Wednesday, July 30th. BMO Capital Markets boosted their price objective on shares of Union Pacific from $270.00 to $277.00 and gave the stock an "outperform" rating in a report on Friday, July 25th. Finally, Barclays lowered shares of Union Pacific from an "overweight" rating to an "equal weight" rating in a report on Wednesday, July 30th. One research analyst has rated the stock with a sell rating, twelve have assigned a hold rating, fourteen have given a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat, Union Pacific currently has an average rating of "Moderate Buy" and a consensus price target of $258.21.

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.