2,369 Shares in Union Pacific Corporation (NYSE:UNP) Acquired by Hoxton Planning & Management LLC

Key Points

• Hoxton Planning & Management LLC has acquired 2,369 shares of Union Pacific Corporation, valued at approximately $560,000, indicating growing interest from institutional investors.
• Union Pacific recently reported a 2.4% year-over-year revenue increase of $6.15 billion and earnings per share of $3.03, surpassing analysts' expectations.
• Additionally, the company announced a quarterly dividend of $1.38 per share, reflecting an increase from the previous dividend and indicating strong cash flow.

Hoxton Planning & Management LLC bought a new position in shares of Union Pacific Corporation (NYSE:UNP - Free Report) in the 1st quarter, according to its most recent disclosure with the SEC. The institutional investor bought 2,369 shares of the railroad operator's stock, valued at approximately $560,000.

Several other large investors have also made changes to their positions in the business. GAMMA Investing LLC increased its stake in shares of Union Pacific by 27,502.8% in the 1st quarter. GAMMA Investing LLC now owns 2,491,151 shares of the railroad operator's stock worth $588,510,000 after acquiring an additional 2,482,126 shares during the last quarter. Capital Research Global Investors increased its stake in shares of Union Pacific by 14.3% in the 4th quarter. Capital Research Global Investors now owns 10,395,364 shares of the railroad operator's stock worth $2,370,559,000 after acquiring an additional 1,298,178 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its stake in shares of Union Pacific by 35.2% in the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 4,968,658 shares of the railroad operator's stock worth $1,133,053,000 after acquiring an additional 1,294,643 shares during the last quarter. Castlekeep Investment Advisors LLC acquired a new stake in shares of Union Pacific in the 4th quarter worth $273,361,000. Finally, Northern Trust Corp increased its stake in shares of Union Pacific by 15.2% in the 4th quarter. Northern Trust Corp now owns 6,962,650 shares of the railroad operator's stock worth $1,587,763,000 after acquiring an additional 920,414 shares during the last quarter. 80.38% of the stock is owned by institutional investors and hedge funds.

Union Pacific Stock Down 1.2%

Shares of UNP traded down $2.66 during midday trading on Friday, hitting $219.31. The company had a trading volume of 4,637,305 shares, compared to its average volume of 4,972,172. The company's 50-day simple moving average is $227.04 and its 200-day simple moving average is $230.86. The company has a debt-to-equity ratio of 1.86, a quick ratio of 0.53 and a current ratio of 0.65. The firm has a market capitalization of $130.06 billion, a P/E ratio of 19.05, a P/E/G ratio of 2.16 and a beta of 1.05. Union Pacific Corporation has a 1 year low of $204.66 and a 1 year high of $258.07.

Union Pacific (NYSE:UNP - Get Free Report) last announced its quarterly earnings data on Thursday, July 24th. The railroad operator reported $3.03 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.84 by $0.19. The business had revenue of $6.15 billion during the quarter, compared to analysts' expectations of $6.09 billion. Union Pacific had a return on equity of 41.73% and a net margin of 28.43%. The business's quarterly revenue was up 2.4% compared to the same quarter last year. During the same quarter last year, the business posted $2.74 EPS. As a group, sell-side analysts expect that Union Pacific Corporation will post 11.99 EPS for the current year.

Union Pacific Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 30th. Stockholders of record on Friday, August 29th will be paid a $1.38 dividend. This represents a $5.52 annualized dividend and a dividend yield of 2.5%. The ex-dividend date is Friday, August 29th. This is a boost from Union Pacific's previous quarterly dividend of $1.34. Union Pacific's dividend payout ratio (DPR) is 47.96%.

Analyst Ratings Changes

A number of brokerages have issued reports on UNP. Royal Bank Of Canada raised their target price on Union Pacific from $257.00 to $276.00 and gave the stock an "outperform" rating in a research note on Wednesday. Citigroup downgraded Union Pacific from a "strong-buy" rating to a "hold" rating and cut their target price for the stock from $270.00 to $250.00 in a research note on Wednesday. Robert W. Baird assumed coverage on Union Pacific in a report on Tuesday, July 1st. They set a "neutral" rating and a $231.00 price target for the company. Stifel Nicolaus lowered their price target on Union Pacific from $270.00 to $248.00 and set a "buy" rating for the company in a report on Monday, April 14th. Finally, UBS Group increased their price target on Union Pacific from $238.00 to $240.00 and gave the stock a "neutral" rating in a report on Friday, July 25th. One investment analyst has rated the stock with a sell rating, eleven have assigned a hold rating, fourteen have given a buy rating and two have issued a strong buy rating to the company's stock. Based on data from MarketBeat.com, the stock presently 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.