Rathbones Group PLC Sells 1,495 Shares of Union Pacific Corporation (NYSE:UNP)

Key Points

• Rathbones Group PLC reduced its holdings in Union Pacific Corporation by 3.7%, selling 1,495 shares to own a total of 38,848 shares worth approximately $9.18 million.
• Union Pacific has recently declared a quarterly dividend of $1.38 per share, up from the previous $1.34, resulting in an annualized dividend yield of 2.5%.
• Analysts have mixed views on Union Pacific's stock, with ratings ranging from one sell and twelve holds to fourteen buys, leading to a consensus rating of "Moderate Buy."

Rathbones Group PLC trimmed its position in Union Pacific Corporation (NYSE:UNP - Free Report) by 3.7% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 38,848 shares of the railroad operator's stock after selling 1,495 shares during the period. Rathbones Group PLC's holdings in Union Pacific were worth $9,177,000 at the end of the most recent quarter.

A number of other large investors have also bought and sold shares of UNP. Nuveen LLC bought a new stake in Union Pacific during the 1st quarter worth approximately $988,822,000. GAMMA Investing LLC grew its stake in shares of Union Pacific by 27,502.8% during 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 in the last quarter. Capital Research Global Investors grew its stake in shares of Union Pacific by 14.3% during 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 in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its stake in shares of Union Pacific by 35.2% during 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 in the last quarter. Finally, Castlekeep Investment Advisors LLC bought a new position in shares of Union Pacific during the 4th quarter worth approximately $273,361,000. 80.38% of the stock is owned by institutional investors.

Union Pacific Price Performance

Shares of NYSE UNP traded down $1.56 during mid-day trading on Thursday, reaching $221.62. The company had a trading volume of 6,245,623 shares, compared to its average volume of 5,492,426. 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 Corporation has a one year low of $204.66 and a one year high of $258.07. The firm has a market cap of $131.43 billion, a price-to-earnings ratio of 19.25, a PEG ratio of 2.17 and a beta of 1.05. The business's 50-day simple moving average is $227.11 and its 200 day simple moving average is $229.77.

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

Union Pacific Increases Dividend

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

Analysts Set New Price Targets

Several research firms have recently commented on UNP. Evercore ISI cut their price objective on Union Pacific from $244.00 to $238.00 and set an "in-line" rating for the company in a report on Friday, July 25th. Morgan Stanley cut their price target on Union Pacific from $220.00 to $215.00 and set an "equal weight" rating for the company in a report on Monday, July 7th. Stephens cut their price target on Union Pacific from $275.00 to $255.00 and set an "overweight" rating for the company in a report on Monday, April 28th. UBS Group raised their price target on Union Pacific from $238.00 to $240.00 and gave the company a "neutral" rating in a report on Friday, July 25th. Finally, Susquehanna cut their price target on Union Pacific from $260.00 to $257.00 and set a "positive" rating for the company in a report on Wednesday, July 30th. One analyst has rated the stock with a sell rating, twelve have given a hold rating, fourteen have given a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat, Union Pacific currently has an average rating of "Moderate Buy" and an average price target of $258.21.

About Union Pacific

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.