Union Pacific Corporation $UNP Shares Bought by James Hambro & Partners LLP

James Hambro & Partners LLP lifted its stake in shares of Union Pacific Corporation (NYSE:UNP) by 4.1% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 398,599 shares of the railroad operator’s stock after acquiring an additional 15,607 shares during the quarter. Union Pacific accounts for 3.6% of James Hambro & Partners LLP’s portfolio, making the stock its 17th largest holding. James Hambro & Partners LLP’s holdings in Union Pacific were worth $91,692,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also modified their holdings of UNP. GAMMA Investing LLC lifted its holdings in shares of Union Pacific by 27,502.8% in the first quarter. GAMMA Investing LLC now owns 2,491,151 shares of the railroad operator’s stock valued at $588,510,000 after purchasing an additional 2,482,126 shares in the last quarter. Doliver Advisors LP lifted its holdings in shares of Union Pacific by 27.7% in the first quarter. Doliver Advisors LP now owns 1,313 shares of the railroad operator’s stock valued at $310,000 after purchasing an additional 285 shares in the last quarter. BTC Capital Management Inc. lifted its holdings in shares of Union Pacific by 3.2% in the first quarter. BTC Capital Management Inc. now owns 2,131 shares of the railroad operator’s stock valued at $503,000 after purchasing an additional 67 shares in the last quarter. New Hampshire Trust raised its holdings in shares of Union Pacific by 1.0% during the first quarter. New Hampshire Trust now owns 18,719 shares of the railroad operator’s stock worth $4,422,000 after acquiring an additional 187 shares in the last quarter. Finally, Beese Fulmer Investment Management Inc. raised its holdings in shares of Union Pacific by 1.2% during the first quarter. Beese Fulmer Investment Management Inc. now owns 45,841 shares of the railroad operator’s stock worth $10,829,000 after acquiring an additional 526 shares in the last quarter. 80.38% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Several brokerages recently issued reports on UNP. UBS Group increased their price objective on Union Pacific from $238.00 to $240.00 and gave the stock a “neutral” rating in a report on Friday, July 25th. Loop Capital upgraded 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 report on Tuesday, September 16th. Morgan Stanley lowered 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 report on Monday, July 7th. Barclays downgraded shares of Union Pacific from an “overweight” rating to an “equal weight” rating in a research report on Wednesday, July 30th. Finally, Jefferies Financial Group raised shares of Union Pacific from a “hold” rating to a “buy” rating and increased their target price for the stock from $250.00 to $285.00 in a research report on Friday, July 25th. One investment analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating and ten have given a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $260.00.

Union Pacific Stock Up 1.4%

UNP stock opened at $235.14 on Friday. Union Pacific Corporation has a twelve month low of $204.66 and a twelve month high of $256.84. The company has a market cap of $139.45 billion, a PE ratio of 20.43, a price-to-earnings-growth ratio of 2.45 and a beta of 1.03. The business’s 50-day simple moving average is $222.73 and its 200 day simple moving average is $224.54. The company has a quick ratio of 0.53, a current ratio of 0.65 and a debt-to-equity ratio of 1.86.

Union Pacific (NYSE:UNP) last released its earnings results on Thursday, July 24th. The railroad operator reported $3.03 earnings per share for the quarter, topping analysts’ consensus estimates of $2.84 by $0.19. The business had revenue of $6.15 billion for 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 firm’s revenue for the quarter was up 2.4% compared to the same quarter last year. During the same period last year, the business earned $2.74 earnings per share. On average, research analysts anticipate that Union Pacific Corporation will post 11.99 earnings per share for the current year.

Union Pacific Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, September 30th. Shareholders of record on Friday, August 29th will be paid a dividend of $1.38 per share. This is a positive change from Union Pacific’s previous quarterly dividend of $1.34. This represents a $5.52 dividend on an annualized basis and a yield of 2.3%. The ex-dividend date is Friday, August 29th. Union Pacific’s dividend payout ratio is 47.96%.

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.