Roberts Glore & Co. Inc. IL Makes New $2.74 Million Investment in Union Pacific Corporation $UNP

Roberts Glore & Co. Inc. IL acquired a new stake in Union Pacific Corporation (NYSE:UNP) during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm acquired 10,069 shares of the railroad operator’s stock, valued at approximately $2,739,000.

Other hedge funds have also recently made changes to their positions in the company. Rachor Investment Advisory Services LLC acquired a new stake in shares of Union Pacific in the 4th quarter worth about $25,000. Tucker Asset Management LLC bought a new position in Union Pacific in the 4th quarter valued at about $25,000. SWAN Capital LLC boosted its stake in Union Pacific by 2,575.0% during the 4th quarter. SWAN Capital LLC now owns 107 shares of the railroad operator’s stock valued at $25,000 after purchasing an additional 103 shares during the last quarter. Cornerstone Financial Management LLC acquired a new position in Union Pacific during the 4th quarter valued at about $27,000. Finally, Scarborough Advisors LLC bought a new stake in Union Pacific during the 1st quarter worth approximately $27,000. 80.38% of the stock is currently owned by institutional investors and hedge funds.

Union Pacific Price Performance

Union Pacific stock opened at $310.11 on Wednesday. Union Pacific Corporation has a 52 week low of $210.84 and a 52 week high of $315.99. The company’s 50 day moving average price is $287.99 and its two-hundred day moving average price is $268.73. The stock has a market cap of $184.23 billion, a P/E ratio of 25.11, a P/E/G ratio of 3.16 and a beta of 0.96. The company has a quick ratio of 0.82, a current ratio of 0.99 and a debt-to-equity ratio of 1.40.

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

Union Pacific Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 30th. Shareholders of record on Monday, August 31st will be given a $1.42 dividend. This is an increase from Union Pacific’s previous quarterly dividend of $1.38. This represents a $5.68 annualized dividend and a yield of 1.8%. The ex-dividend date of this dividend is Monday, August 31st. Union Pacific’s payout ratio is presently 44.70%.

Wall Street Analysts Forecast Growth

A number of research analysts have recently weighed in on the company. Susquehanna raised their target price on Union Pacific from $305.00 to $333.00 and gave the company a “positive” rating in a report on Tuesday, July 14th. Stephens upgraded Union Pacific to a “strong-buy” rating in a report on Wednesday, July 8th. Barclays reissued an “overweight” rating and issued a $350.00 price target (up from $315.00) on shares of Union Pacific in a research report on Friday, July 24th. Citigroup raised their price objective on Union Pacific from $326.00 to $349.00 and gave the company a “buy” rating in a research note on Friday, July 24th. Finally, Royal Bank Of Canada reaffirmed an “outperform” rating and set a $339.00 price objective (up from $289.00) on shares of Union Pacific in a report on Friday, July 24th. Two 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. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $320.89.

Insider Transactions at Union Pacific

In other Union Pacific news, EVP Eric J. Gehringer sold 2,991 shares of the company’s stock in a transaction on Wednesday, June 3rd. The stock was sold at an average price of $263.96, for a total value of $789,504.36. Following the completion of the transaction, the executive vice president owned 43,012 shares in the company, valued at $11,353,447.52. This represents a 6.50% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 0.22% of the stock is owned by company insiders.

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.