Edmond DE Rothschild Holding S.A. Makes New Investment in Union Pacific Corporation $UNP

Edmond DE Rothschild Holding S.A. acquired a new stake in shares of Union Pacific Corporation (NYSE:UNPFree Report) in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 25,833 shares of the railroad operator’s stock, valued at approximately $7,027,000.

Several other institutional investors and hedge funds also recently made changes to their positions in the business. Tucker Asset Management LLC bought a new stake in shares of Union Pacific in the 4th quarter worth about $25,000. SWAN Capital LLC increased its holdings in Union Pacific by 2,575.0% in the fourth quarter. SWAN Capital LLC now owns 107 shares of the railroad operator’s stock valued at $25,000 after buying an additional 103 shares during the last quarter. Rachor Investment Advisory Services LLC bought a new position in Union Pacific during the 4th quarter worth approximately $25,000. High Point Wealth Management LLC acquired a new position in shares of Union Pacific in the 4th quarter worth approximately $26,000. Finally, Scarborough Advisors LLC acquired a new position in shares of Union Pacific in the 1st quarter worth approximately $27,000. 80.38% of the stock is currently owned by hedge funds and other institutional investors.

Union Pacific Price Performance

NYSE UNP opened at $304.34 on Friday. Union Pacific Corporation has a 12 month low of $210.84 and a 12 month high of $315.99. The company has a debt-to-equity ratio of 1.40, a current ratio of 0.99 and a quick ratio of 0.82. The firm has a market capitalization of $180.80 billion, a PE ratio of 24.64, a P/E/G ratio of 3.08 and a beta of 0.96. The company’s 50 day simple moving average is $285.59 and its 200 day simple moving average is $267.31.

Union Pacific (NYSE:UNPGet Free Report) last released its earnings results on Thursday, July 23rd. The railroad operator reported $3.41 earnings per share for the quarter, topping analysts’ consensus estimates of $3.26 by $0.15. Union Pacific had a return on equity of 38.46% and a net margin of 28.85%.The firm had revenue of $6.86 billion during the quarter, compared to the consensus estimate of $6.72 billion. During the same period in the prior year, the firm posted $3.03 earnings per share. The firm’s revenue for the quarter was up 11.5% compared to the same quarter last year. As a group, equities research analysts forecast that Union Pacific Corporation will post 12.93 EPS for the current fiscal year.

Union Pacific Increases Dividend

The firm 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 $1.42 dividend. This represents a $5.68 dividend on an annualized basis and a yield of 1.9%. The ex-dividend date of this dividend 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 is currently 44.70%.

Wall Street Analyst Weigh In

A number of equities analysts have commented on UNP shares. UBS Group reaffirmed a “neutral” rating and issued a $310.00 price objective (up from $286.00) on shares of Union Pacific in a report on Friday, July 24th. Weiss Ratings raised shares of Union Pacific from a “buy (b-)” rating to a “buy (b)” rating in a report on Friday, July 24th. Barclays restated 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. Susquehanna lifted their price target on shares of Union Pacific from $305.00 to $333.00 and gave the company a “positive” rating in a report on Tuesday, July 14th. Finally, Evercore reaffirmed an “outperform” rating and set a $294.00 price objective on shares of Union Pacific in a research report on Thursday, June 25th. Two research analysts have rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and six have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $320.89.

Get Our Latest Stock Analysis on UNP

Insider Buying and Selling at Union Pacific

In other news, EVP Eric J. Gehringer sold 2,991 shares of Union Pacific 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 of the company’s stock, valued at $11,353,447.52. The trade was a 6.50% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Company insiders own 0.22% of the company’s stock.

Union Pacific Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Union Pacific (NYSE:UNP)

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