Marshall Financial Group LLC Purchases Shares of 4,371 Union Pacific Corporation $UNP

Key Points

• Marshall Financial Group LLC acquired a new stake in Union Pacific Corporation, purchasing 4,371 shares valued at approximately $1,029,000 during the second quarter.
• Union Pacific reported a net margin of 28.43% and a return on equity of 41.73%, achieving earnings per share of $3.03 for the quarter, surpassing analysts' estimates.
• The company recently increased its quarterly dividend to $1.38 per share, reflecting an annualized yield of 2.5% and a positive change from its previous dividend of $1.34.

Marshall Financial Group LLC purchased a new stake in shares of Union Pacific Corporation (NYSE:UNP - Free Report) in the second quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 4,371 shares of the railroad operator's stock, valued at approximately $1,029,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of UNP. Highline Wealth Partners LLC boosted its holdings in Union Pacific by 103.5% during the first quarter. Highline Wealth Partners LLC now owns 116 shares of the railroad operator's stock worth $27,000 after purchasing an additional 59 shares during the last quarter. CBIZ Investment Advisory Services LLC lifted its holdings in Union Pacific by 1,400.0% during 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 last quarter. Financial Gravity Asset Management Inc. bought a new stake in shares of Union Pacific during the first quarter valued at about $32,000. WPG Advisers LLC bought a new stake in shares of Union Pacific during the first quarter valued at about $33,000. Finally, Cornerstone Planning Group LLC increased its position in shares of Union Pacific by 50.5% during the first quarter. Cornerstone Planning Group LLC now owns 167 shares of the railroad operator's stock valued at $37,000 after buying an additional 56 shares during the period. Institutional investors own 80.38% of the company's stock.

Union Pacific Trading Up 0.2%

UNP stock traded up $0.50 on Friday, reaching $220.86. The company's stock had a trading volume of 8,631,770 shares, compared to its average volume of 4,396,240. 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 cap of $130.98 billion, a PE ratio of 19.19, a PEG ratio of 2.14 and a beta of 1.03. The business has a fifty day simple moving average of $222.66 and a two-hundred day simple moving average of $225.01. Union Pacific Corporation has a 12-month low of $204.66 and a 12-month high of $256.84.

Union Pacific (NYSE:UNP - Get Free Report) last announced 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. The business had revenue of $6.15 billion during the quarter, compared to analyst estimates of $6.09 billion. Union Pacific had a return on equity of 41.73% and a net margin of 28.43%.The company's revenue for the quarter was up 2.4% on a year-over-year basis. During the same quarter last year, the firm posted $2.74 earnings per share. As a group, research analysts forecast that Union Pacific Corporation will post 11.99 EPS for the current year.

Union Pacific Increases Dividend

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

Analyst Upgrades and Downgrades

Several equities research analysts have recently weighed in on the company. Baird R W upgraded Union Pacific to a "hold" rating in a research report on Tuesday, July 1st. UBS Group upped their price objective on shares of Union Pacific from $238.00 to $240.00 and gave the stock a "neutral" rating in a research report on Friday, July 25th. Morgan Stanley decreased their price objective on shares of Union Pacific from $220.00 to $215.00 and set an "equal weight" rating on the stock in a research report on Monday, July 7th. Robert W. Baird began coverage on shares of Union Pacific in a research report on Tuesday, July 1st. They issued a "neutral" rating and a $231.00 price objective on the stock. Finally, The Goldman Sachs Group restated a "neutral" rating and issued a $263.00 price objective on shares of Union Pacific in a research report on Monday, June 2nd. One research analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and ten have issued a Hold rating to the company's stock. Based on data from MarketBeat.com, Union Pacific currently has an average rating of "Moderate Buy" and a consensus target price 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.