Rothschild & Co Wealth Management UK Ltd Buys 1,161 Shares of Union Pacific Corporation (NYSE:UNP)

Key Points

• Rothschild & Co Wealth Management UK Ltd increased its stake in Union Pacific Corporation by 4.4%, bringing its total holdings to 27,822 shares valued at approximately $6.57 million.
• Numerous institutional investors have also increased their stakes in Union Pacific, with one firm, Highline Wealth Partners LLC, lifting its position by 103.5%.
• The company recently raised its quarterly dividend from $1.34 to $1.38, resulting in an annualized dividend yield of 2.50% and a payout ratio of 48.29%.

Rothschild & Co Wealth Management UK Ltd increased its position in Union Pacific Corporation (NYSE:UNP - Free Report) by 4.4% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 27,822 shares of the railroad operator's stock after buying an additional 1,161 shares during the quarter. Union Pacific accounts for approximately 0.1% of Rothschild & Co Wealth Management UK Ltd's holdings, making the stock its 19th biggest holding. Rothschild & Co Wealth Management UK Ltd's holdings in Union Pacific were worth $6,573,000 at the end of the most recent reporting period.

Several other hedge funds also recently made changes to their positions in UNP. Fiduciary Trust Co boosted its holdings in shares of Union Pacific by 2.8% during the 4th quarter. Fiduciary Trust Co now owns 102,213 shares of the railroad operator's stock valued at $23,309,000 after buying an additional 2,807 shares in the last quarter. Sherbrooke Park Advisers LLC bought a new position in Union Pacific in the 4th quarter worth about $781,000. Meadow Creek Wealth Advisors LLC boosted its stake in Union Pacific by 10.9% in the 1st quarter. Meadow Creek Wealth Advisors LLC now owns 3,666 shares of the railroad operator's stock worth $866,000 after purchasing an additional 359 shares in the last quarter. GAMMA Investing LLC boosted its stake in Union Pacific by 16.8% in the 1st quarter. GAMMA Investing LLC now owns 10,545 shares of the railroad operator's stock worth $2,491,000 after purchasing an additional 1,520 shares in the last quarter. Finally, Truist Financial Corp boosted its stake in Union Pacific by 2.7% in the 1st quarter. Truist Financial Corp now owns 968,061 shares of the railroad operator's stock worth $228,695,000 after purchasing an additional 25,900 shares in the last quarter. 80.38% of the stock is owned by hedge funds and other institutional investors.

Union Pacific Price Performance

UNP traded down $9.42 during trading on Tuesday, reaching $219.82. 9,232,104 shares of the company traded hands, compared to its average volume of 3,199,345. 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 12-month low of $204.66 and a 12-month high of $258.07. The firm has a fifty day simple moving average of $227.17 and a 200 day simple moving average of $231.05. The company has a market cap of $131.34 billion, a P/E ratio of 19.07, a PEG ratio of 2.24 and a beta of 1.05.

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

Union Pacific Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, September 30th. Stockholders of record on Friday, August 29th will be given a dividend of $1.38 per share. 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 2.51%. The ex-dividend date is Friday, August 29th. Union Pacific's dividend payout ratio is currently 46.57%.

Wall Street Analysts Forecast Growth

A number of brokerages recently issued reports on UNP. Barclays upped their price target on shares of Union Pacific from $260.00 to $270.00 and gave the stock an "overweight" rating in a research note on Thursday, July 10th. Raymond James Financial restated a "strong-buy" rating on shares of Union Pacific in a research note on Tuesday, July 15th. Stephens lowered their target price on shares of Union Pacific from $275.00 to $255.00 and set an "overweight" rating on the stock in a research note on Monday, April 28th. Robert W. Baird started coverage on shares of Union Pacific in a research note on Tuesday, July 1st. They set a "neutral" rating and a $231.00 target price on the stock. Finally, UBS Group upped their target price on shares of Union Pacific from $238.00 to $240.00 and gave the company a "neutral" rating in a research note on Friday. One research analyst has rated the stock with a sell rating, nine have assigned a hold rating, sixteen have issued a buy rating and two have issued a strong buy rating to the stock. Based on data from MarketBeat.com, Union Pacific presently has an average rating of "Moderate Buy" and an average price target of $259.46.

Union Pacific Company 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.