Schnieders Capital Management LLC Sells 2,893 Shares of Union Pacific Corporation (NYSE:UNP)

Key Points

• Schnieders Capital Management LLC reduced its stake in Union Pacific Corporation by 12.4%, now holding 20,504 shares valued at approximately $4.84 million.
• Union Pacific announced a quarterly dividend increase to $1.38, with a yield of 2.5%, reflecting a payout ratio of 46.57%.
• The company recently reported earnings of $3.03 EPS, surpassing analysts' expectations, and a year-over-year revenue increase of 2.4%.

Schnieders Capital Management LLC decreased its holdings in shares of Union Pacific Corporation (NYSE:UNP - Free Report) by 12.4% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 20,504 shares of the railroad operator's stock after selling 2,893 shares during the quarter. Schnieders Capital Management LLC's holdings in Union Pacific were worth $4,844,000 as of its most recent SEC filing.

Other large investors have also recently added to or reduced their stakes in the company. Highline Wealth Partners LLC lifted its stake in shares of Union Pacific by 103.5% during the 1st quarter. Highline Wealth Partners LLC now owns 116 shares of the railroad operator's stock worth $27,000 after buying an additional 59 shares during the last quarter. EnRich Financial Partners LLC acquired a new stake in shares of Union Pacific during the 4th quarter worth about $31,000. Financial Gravity Asset Management Inc. acquired a new stake in shares of Union Pacific during the 1st quarter worth about $32,000. Cornerstone Planning Group LLC lifted its stake in shares of Union Pacific by 50.5% during the 1st quarter. Cornerstone Planning Group LLC now owns 167 shares of the railroad operator's stock worth $37,000 after buying an additional 56 shares during the last quarter. Finally, Strategic Investment Solutions Inc. IL lifted its stake in shares of Union Pacific by 38.8% during the 4th quarter. Strategic Investment Solutions Inc. IL now owns 161 shares of the railroad operator's stock worth $39,000 after buying an additional 45 shares during the last quarter. Institutional investors and hedge funds own 80.38% of the company's stock.

Union Pacific Price Performance

Shares of UNP stock traded down $0.39 during trading hours on Friday, reaching $222.27. The stock had a trading volume of 2,345,506 shares, compared to its average volume of 5,336,163. The stock's fifty day simple moving average is $227.09 and its 200 day simple moving average is $230.48. The company has a current ratio of 0.65, a quick ratio of 0.53 and a debt-to-equity ratio of 1.86. Union Pacific Corporation has a 12 month low of $204.66 and a 12 month high of $258.07. The firm has a market capitalization of $131.82 billion, a PE ratio of 19.31, a PEG ratio of 2.17 and a beta of 1.05.

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

Union Pacific Increases Dividend

The company also recently disclosed 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. This represents a $5.52 dividend on an annualized basis and a dividend yield of 2.5%. This is an increase from Union Pacific's previous quarterly dividend of $1.34. The ex-dividend date is Friday, August 29th. Union Pacific's dividend payout ratio (DPR) is 46.57%.

Wall Street Analyst Weigh In

A number of research firms have recently weighed in on UNP. Redburn Atlantic upgraded shares of Union Pacific from a "neutral" rating to a "buy" rating and set a $259.00 price target on the stock in a research note on Wednesday, April 16th. Royal Bank Of Canada lifted their target price on shares of Union Pacific from $257.00 to $276.00 and gave the stock an "outperform" rating in a research report on Wednesday, July 30th. UBS Group lifted their target price 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. Raymond James Financial reiterated a "strong-buy" rating on shares of Union Pacific in a research report on Tuesday, July 15th. Finally, Sanford C. Bernstein lifted their target price on shares of Union Pacific from $271.00 to $286.00 and gave the stock an "outperform" rating in a research report on Monday, July 21st. One analyst has rated the stock with a sell rating, eleven have issued a hold rating, fourteen have given a buy rating and two have given a strong buy rating to the company's stock. According to MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and an average target price 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.