Schuylkill Financial LLC Makes New $1.21 Million Investment in Union Pacific Corporation $UNP

Key Points

• Schuylkill Financial LLC acquired 4,435 Union Pacific shares worth approximately $1.21 million, making UNP about 1.1% of its portfolio. Institutional investors and hedge funds collectively own 80.38% of the stock.
• Union Pacific exceeded quarterly expectations, reporting $3.41 in EPS and $6.86 billion in revenue, with revenue rising 11.5% year over year.
• The company raised its quarterly dividend to $1.42 per share, equivalent to an annualized $5.68 payout and a 2.0% yield. Analysts maintain a “Moderate Buy” consensus with an average price target of $320.89.

Schuylkill Financial LLC bought a new stake in shares of Union Pacific Corporation (NYSE:UNP - Free Report) in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 4,435 shares of the railroad operator's stock, valued at approximately $1,206,000. Union Pacific comprises approximately 1.1% of Schuylkill Financial LLC's investment portfolio, making the stock its 24th biggest holding.

Other institutional investors and hedge funds have also made changes to their positions in the company. Tucker Asset Management LLC bought a new stake in shares of Union Pacific in the 4th quarter worth approximately $25,000. SWAN Capital LLC grew its stake in Union Pacific by 2,575.0% during the 4th quarter. SWAN Capital LLC now owns 107 shares of the railroad operator's stock worth $25,000 after buying an additional 103 shares during the last quarter. Cornerstone Financial Management LLC acquired a new stake in Union Pacific in the fourth quarter worth $27,000. Scarborough Advisors LLC acquired a new stake in Union Pacific in the first quarter worth $27,000. Finally, Merkkuri Wealth Advisors LLC bought a new stake in Union Pacific in the first quarter valued at $29,000. 80.38% of the stock is currently owned by institutional investors and hedge funds.

Union Pacific Stock Performance

UNP stock opened at $289.54 on Friday. The company has a 50-day simple moving average of $293.96 and a 200 day simple moving average of $270.92. The company has a market capitalization of $172.01 billion, a P/E ratio of 23.44, a PEG ratio of 2.88 and a beta of 0.96. The company has a quick ratio of 0.82, a current ratio of 0.99 and a debt-to-equity ratio of 1.40. Union Pacific Corporation has a fifty-two week low of $210.84 and a fifty-two week high of $315.99.

Union Pacific (NYSE:UNP - Get Free Report) last released its earnings results on Thursday, July 23rd. The railroad operator reported $3.41 EPS for the quarter, beating the consensus estimate of $3.26 by $0.15. Union Pacific had a net margin of 28.85% and a return on equity of 38.46%. The firm had revenue of $6.86 billion for the quarter, compared to analysts' expectations of $6.72 billion. During the same quarter last year, the company earned $3.03 EPS. Union Pacific's quarterly revenue was up 11.5% on a year-over-year basis. Sell-side analysts predict that Union Pacific Corporation will post 13.02 earnings per share for the current fiscal year.

Union Pacific Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 30th. Investors of record on Monday, August 31st will be paid a dividend of $1.42 per share. This is a boost from Union Pacific's previous quarterly dividend of $1.38. This represents a $5.68 dividend on an annualized basis and a dividend yield of 2.0%. The ex-dividend date is Monday, August 31st. Union Pacific's dividend payout ratio (DPR) is 45.99%.

Wall Street Analyst Weigh In

UNP has been the subject of several analyst reports. Weiss Ratings raised shares of Union Pacific from a "buy (b-)" rating to a "buy (b)" rating in a report on Friday, July 24th. Robert W. Baird lifted their price objective on shares of Union Pacific from $311.00 to $344.00 and gave the company an "outperform" rating in a research report on Monday, July 27th. Benchmark lifted their price objective on shares of Union Pacific from $325.00 to $335.00 and gave the company a "buy" rating in a research report on Friday, July 24th. BMO Capital Markets restated a "market perform" rating and issued a $320.00 target price (up from $285.00) on shares of Union Pacific in a research report on Friday, July 24th. Finally, JPMorgan Chase & Co. lifted their price target on Union Pacific from $304.00 to $334.00 and gave the company a "neutral" rating in a report on Friday, July 24th. Two investment analysts have rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and six have assigned a Hold rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $320.89.

About Union Pacific

Union Pacific Corporation NYSE: UNP is one of the largest freight railroad companies in the United States. Its principal operating subsidiary, Union Pacific Railroad, has roots that trace back to the Pacific Railway Act of 1862 and the construction of the first transcontinental rail link completed in 1869. The company is headquartered in Omaha, Nebraska, and operates as a holding company for rail transportation and related services.

Union Pacific's core business is the movement of freight by rail across an extensive rail network serving the western two‑thirds of the United States.

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