Uptick Partners LLC Makes New $940,000 Investment in Union Pacific Corporation $UNP

Uptick Partners LLC bought a new stake in Union Pacific Corporation (NYSE:UNP) during the second quarter, according to the company in its most recent disclosure with the SEC. The firm bought 3,455 shares of the railroad operator’s stock, valued at approximately $940,000.

Several other hedge funds and other institutional investors also recently modified their holdings of the business. Cambient Family Office LLC acquired a new stake in Union Pacific in the fourth quarter valued at approximately $1,319,000. First National Bank of Omaha increased its holdings in shares of Union Pacific by 35.8% during the fourth quarter. First National Bank of Omaha now owns 54,635 shares of the railroad operator’s stock worth $12,665,000 after buying an additional 14,399 shares in the last quarter. North Dakota State Investment Board acquired a new position in shares of Union Pacific during the fourth quarter worth $4,746,000. Sage Investment Advisers LLC bought a new position in shares of Union Pacific in the 4th quarter valued at $997,000. Finally, Truist Financial Corp lifted its stake in shares of Union Pacific by 3.1% in the 4th quarter. Truist Financial Corp now owns 1,016,071 shares of the railroad operator’s stock valued at $235,038,000 after acquiring an additional 30,079 shares during the last quarter. Institutional investors own 80.38% of the company’s stock.

Union Pacific Trading Up 0.8%

NYSE UNP opened at $304.34 on Friday. The firm has a market capitalization of $180.80 billion, a PE ratio of 24.64, a price-to-earnings-growth ratio of 3.08 and a beta of 0.96. The business’s 50-day moving average price is $285.59 and its two-hundred day moving average price is $267.31. The company has a current ratio of 0.99, a quick ratio of 0.82 and a debt-to-equity ratio of 1.40. Union Pacific Corporation has a 12 month low of $210.84 and a 12 month high of $315.99.

Union Pacific (NYSE:UNP) last issued its quarterly earnings data on Thursday, July 23rd. The railroad operator reported $3.41 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.26 by $0.15. The company had revenue of $6.86 billion during the quarter, compared to the consensus estimate of $6.72 billion. Union Pacific had a return on equity of 38.46% and a net margin of 28.85%.The firm’s revenue was up 11.5% compared to the same quarter last year. During the same period last year, the company earned $3.03 earnings per share. On average, analysts expect that Union Pacific Corporation will post 12.93 EPS for the current year.

Union Pacific Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, September 30th. Shareholders of record on Monday, August 31st will be issued a dividend of $1.42 per share. This represents a $5.68 annualized dividend and a yield of 1.9%. The ex-dividend date is Monday, August 31st. This is a positive change from Union Pacific’s previous quarterly dividend of $1.38. Union Pacific’s dividend payout ratio (DPR) is 44.70%.

Analyst Ratings Changes

A number of equities analysts have issued reports on UNP shares. Raymond James Financial reaffirmed a “strong-buy” rating on shares of Union Pacific in a report on Monday, July 13th. Citizens Jmp initiated coverage on Union Pacific in a research note on Wednesday, July 15th. They set an “outperform” rating and a $350.00 price target on the stock. TD Cowen restated a “buy” rating and set a $325.00 price target (up from $282.00) on shares of Union Pacific in a report on Friday, July 24th. Evercore restated an “outperform” rating and set a $294.00 price target on shares of Union Pacific in a report on Thursday, June 25th. Finally, Robert W. Baird upped their price objective on Union Pacific from $311.00 to $344.00 and gave the company an “outperform” rating in a research note on Monday, July 27th. Two research analysts have rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and six have assigned a Hold rating to the company’s stock. According to MarketBeat, the company 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 the business’s stock in a transaction that occurred on Wednesday, June 3rd. The shares were sold at an average price of $263.96, for a total value of $789,504.36. Following the transaction, the executive vice president owned 43,012 shares in the company, valued at approximately $11,353,447.52. The trade was a 6.50% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 0.22% of the company’s stock.

Union Pacific Profile

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.