Marshall Financial Group LLC Purchases New Shares in Union Pacific Corporation $UNP

Marshall Financial Group LLC purchased a new stake in shares of Union Pacific Corporation (NYSE:UNP) during the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 4,371 shares of the railroad operator’s stock, valued at approximately $1,029,000.

A number of other large investors also recently made changes to their positions in UNP. Highline Wealth Partners LLC lifted its position in shares of Union Pacific by 103.5% during the first quarter. Highline Wealth Partners LLC now owns 116 shares of the railroad operator’s stock valued at $27,000 after purchasing an additional 59 shares in the last quarter. CBIZ Investment Advisory Services LLC raised its position in Union Pacific by 1,400.0% in the first quarter. CBIZ Investment Advisory Services LLC now owns 120 shares of the railroad operator’s stock worth $28,000 after acquiring an additional 112 shares during the period. Financial Gravity Asset Management Inc. bought a new stake in Union Pacific in the first quarter worth about $32,000. WPG Advisers LLC bought a new stake in Union Pacific in the first quarter worth about $33,000. Finally, Cornerstone Planning Group LLC increased its stake in shares of Union Pacific by 50.5% in the first quarter. Cornerstone Planning Group LLC now owns 167 shares of the railroad operator’s stock worth $37,000 after purchasing an additional 56 shares in the last quarter. 80.38% of the stock is owned by institutional investors.

Union Pacific Stock Performance

Shares of UNP stock opened at $217.19 on Thursday. Union Pacific Corporation has a one year low of $204.66 and a one year high of $256.84. The company’s 50-day moving average is $223.27 and its 200 day moving average is $225.45. The company has a market capitalization of $128.80 billion, a price-to-earnings ratio of 18.87, a price-to-earnings-growth ratio of 2.10 and a beta of 1.03. The company has a debt-to-equity ratio of 1.86, a quick ratio of 0.53 and a current ratio of 0.65.

Union Pacific (NYSE:UNP) last announced its quarterly earnings data on Thursday, July 24th. The railroad operator reported $3.03 EPS for the quarter, beating the consensus estimate of $2.84 by $0.19. Union Pacific had a net margin of 28.43% and a return on equity of 41.73%. The company had revenue of $6.15 billion for the quarter, compared to the consensus estimate of $6.09 billion. During the same period in the prior year, the firm posted $2.74 EPS. Union Pacific’s revenue for the quarter was up 2.4% on a year-over-year basis. Sell-side analysts expect that Union Pacific Corporation will post 11.99 EPS for the current fiscal year.

Union Pacific Increases Dividend

The business also recently announced 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. The ex-dividend date is Friday, August 29th. This represents a $5.52 annualized dividend and a yield of 2.5%. This is an increase from Union Pacific’s previous quarterly dividend of $1.34. Union Pacific’s dividend payout ratio (DPR) is currently 47.96%.

Analyst Ratings Changes

UNP has been the topic of a number of analyst reports. UBS Group upped their target price on shares of Union Pacific from $238.00 to $240.00 and gave the stock a “neutral” rating in a report on Friday, July 25th. Argus lowered shares of Union Pacific from a “buy” rating to a “hold” rating in a research report on Tuesday, August 12th. Sanford C. Bernstein lifted their target price on shares of Union Pacific from $271.00 to $286.00 and gave the company an “outperform” rating in a research report on Monday, July 21st. The Goldman Sachs Group reiterated a “neutral” rating and set a $263.00 target price on shares of Union Pacific in a research report on Monday, June 2nd. Finally, Wells Fargo & Company lifted their target price on shares of Union Pacific from $250.00 to $260.00 and gave the company an “overweight” rating in a research report on Friday, July 25th. One investment analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and ten have given a Hold rating to the company. According to MarketBeat, Union Pacific presently has an average rating of “Moderate Buy” and a consensus price target of $259.38.

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.