Partners Capital Investment Group LLP Makes New $468,000 Investment in Union Pacific Corporation $UNP

Partners Capital Investment Group LLP purchased a new stake in shares of Union Pacific Corporation (NYSE:UNP) in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 1,722 shares of the railroad operator’s stock, valued at approximately $468,000.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Aberdeen Wealth Management LLC bought a new position in shares of Union Pacific during the second quarter worth about $1,229,000. Visionary Wealth Advisors bought a new stake in shares of Union Pacific during the 2nd quarter worth about $1,288,000. Cullen Capital Management LLC acquired a new stake in Union Pacific in the second quarter worth approximately $41,440,000. Whalen Wealth Management Inc. acquired a new stake in shares of Union Pacific in the second quarter valued at $344,000. Finally, Dearborn Partners LLC acquired a new stake in Union Pacific in the 2nd quarter valued at about $9,000,000. Hedge funds and other institutional investors own 80.38% of the company’s stock.

Union Pacific Trading Up 0.6%

NYSE UNP opened at $309.83 on Tuesday. Union Pacific Corporation has a 1-year low of $210.84 and a 1-year high of $315.99. The company has a current ratio of 0.99, a quick ratio of 0.82 and a debt-to-equity ratio of 1.40. The company has a market capitalization of $184.06 billion, a PE ratio of 25.09, a price-to-earnings-growth ratio of 3.14 and a beta of 0.96. The firm’s fifty day simple moving average is $287.14 and its 200-day simple moving average is $268.31.

Union Pacific (NYSE:UNP) last released its quarterly earnings data on Thursday, July 23rd. The railroad operator reported $3.41 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.26 by $0.15. The firm had revenue of $6.86 billion during the quarter, compared to analysts’ expectations of $6.72 billion. Union Pacific had a return on equity of 38.46% and a net margin of 28.85%.The business’s revenue for the quarter was up 11.5% on a year-over-year basis. During the same quarter last year, the firm earned $3.03 earnings per share. As a group, sell-side analysts anticipate that Union Pacific Corporation will post 12.93 earnings per share for the current fiscal year.

Union Pacific Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, September 30th. Stockholders 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. The ex-dividend date of this dividend is Monday, August 31st. This represents a $5.68 dividend on an annualized basis and a dividend yield of 1.8%. Union Pacific’s dividend payout ratio (DPR) is 45.99%.

Analyst Ratings Changes

A number of brokerages recently issued reports on UNP. Citizens Jmp initiated coverage on Union Pacific in a report on Wednesday, July 15th. They issued an “outperform” rating and a $350.00 target price on the stock. UBS Group reissued a “neutral” rating and set a $310.00 target price (up from $286.00) on shares of Union Pacific in a research note on Friday, July 24th. TD Cowen reaffirmed a “buy” rating and issued a $325.00 target price (up from $282.00) on shares of Union Pacific in a research report on Friday, July 24th. Raymond James Financial reissued a “strong-buy” rating on shares of Union Pacific in a research report on Monday, July 13th. Finally, Barclays reissued an “overweight” rating and issued a $350.00 price objective (up from $315.00) on shares of Union Pacific in a research note on Friday, July 24th. Two investment analysts have rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and six have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $320.89.

Insider Activity

In other news, EVP Eric J. Gehringer sold 2,991 shares of Union Pacific stock in a transaction dated Wednesday, June 3rd. The stock was sold at an average price of $263.96, for a total transaction of $789,504.36. Following the completion of the sale, the executive vice president directly owned 43,012 shares in the company, valued at $11,353,447.52. The trade was a 6.50% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. 0.22% of the stock is currently owned by corporate insiders.

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.