Union Pacific Corporation $UNP Shares Purchased by Wealthcare Advisory Partners LLC

Key Points

• Wealthcare Advisory Partners LLC has increased its stake in Union Pacific Corporation by 40.8% during Q2, owning a total of 5,007 shares valued at over $1.15 million.
• Union Pacific recently announced a quarterly dividend of $1.38, up from the previous $1.34, resulting in an annual yield of 2.4%.
• The company reported strong earnings with an EPS of $3.03, exceeding analysts' expectations, alongside a revenue increase of 2.4% year-over-year.

Wealthcare Advisory Partners LLC boosted its position in Union Pacific Corporation (NYSE:UNP - Free Report) by 40.8% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 5,007 shares of the railroad operator's stock after buying an additional 1,452 shares during the quarter. Wealthcare Advisory Partners LLC's holdings in Union Pacific were worth $1,152,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in UNP. Portside Wealth Group LLC acquired a new stake in shares of Union Pacific in the 1st quarter valued at about $912,000. City Holding Co. raised its stake in shares of Union Pacific by 8.3% in the 1st quarter. City Holding Co. now owns 1,525 shares of the railroad operator's stock valued at $360,000 after purchasing an additional 117 shares in the last quarter. Farther Finance Advisors LLC raised its stake in shares of Union Pacific by 22.7% in the 1st quarter. Farther Finance Advisors LLC now owns 6,238 shares of the railroad operator's stock valued at $1,480,000 after purchasing an additional 1,154 shares in the last quarter. Pallas Capital Advisors LLC raised its stake in shares of Union Pacific by 22.1% in the 1st quarter. Pallas Capital Advisors LLC now owns 2,030 shares of the railroad operator's stock valued at $480,000 after purchasing an additional 368 shares in the last quarter. Finally, Tounjian Advisory Partners LLC acquired a new stake in shares of Union Pacific in the 1st quarter valued at about $299,000. Institutional investors and hedge funds own 80.38% of the company's stock.

Union Pacific Price Performance

NYSE UNP opened at $232.11 on Wednesday. Union Pacific Corporation has a 52 week low of $204.66 and a 52 week high of $256.84. The company has a current ratio of 0.65, a quick ratio of 0.53 and a debt-to-equity ratio of 1.86. The stock has a market cap of $137.67 billion, a price-to-earnings ratio of 20.17, a price-to-earnings-growth ratio of 2.47 and a beta of 1.07. The company has a 50-day moving average price of $223.99 and a two-hundred day moving average price of $224.51.

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, topping the consensus estimate of $2.84 by $0.19. Union Pacific had a net margin of 28.43% and a return on equity of 41.73%. The firm had revenue of $6.15 billion during the quarter, compared to analysts' expectations of $6.09 billion. During the same quarter in the prior year, the firm earned $2.74 EPS. Union Pacific's quarterly revenue was up 2.4% on a year-over-year basis. 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 was paid on Tuesday, September 30th. Shareholders of record on Friday, August 29th were given a $1.38 dividend. This is a positive change from Union Pacific's previous quarterly dividend of $1.34. The ex-dividend date was Friday, August 29th. This represents a $5.52 annualized dividend and a yield of 2.4%. Union Pacific's payout ratio is currently 47.96%.

Analyst Ratings Changes

A number of equities research analysts have recently issued reports on the stock. Morgan Stanley cut their target price on shares of Union Pacific from $220.00 to $215.00 and set an "equal weight" rating on the stock in a research note on Monday, July 7th. Robert W. Baird assumed coverage on shares of Union Pacific in a research note on Tuesday, July 1st. They set a "neutral" rating and a $231.00 price objective on the stock. Raymond James Financial reiterated a "strong-buy" rating on shares of Union Pacific in a research note on Tuesday, July 15th. Barclays lowered shares of Union Pacific from an "overweight" rating to an "equal weight" rating in a research note on Wednesday, July 30th. Finally, Loop Capital upgraded shares of Union Pacific from a "sell" rating to a "hold" rating and increased their price objective for the stock from $214.00 to $227.00 in a research note on Tuesday, September 16th. One investment analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating and eleven have issued a Hold rating to the company's stock. According to MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus price target of $260.54.

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.

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