Union Pacific Corporation $UNP Shares Purchased by Northside Capital Management LLC

Northside Capital Management LLC grew its position in shares of Union Pacific Corporation (NYSE:UNP) by 428.2% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 9,149 shares of the railroad operator’s stock after acquiring an additional 7,417 shares during the quarter. Northside Capital Management LLC’s holdings in Union Pacific were worth $2,105,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in UNP. Brooklyn FI LLC acquired a new stake in Union Pacific during the fourth quarter worth about $409,000. Universal Beteiligungs und Servicegesellschaft mbH acquired a new stake in Union Pacific during the fourth quarter worth about $127,825,000. Menard Financial Group LLC acquired a new stake in Union Pacific during the fourth quarter worth about $96,000. Cim LLC increased its stake in Union Pacific by 0.6% during the fourth quarter. Cim LLC now owns 8,727 shares of the railroad operator’s stock worth $1,990,000 after acquiring an additional 51 shares during the last quarter. Finally, Siemens Fonds Invest GmbH increased its stake in Union Pacific by 4.9% during the fourth quarter. Siemens Fonds Invest GmbH now owns 16,967 shares of the railroad operator’s stock worth $3,865,000 after acquiring an additional 790 shares during the last quarter. 80.38% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several equities research analysts have commented on UNP shares. Sanford C. Bernstein upped their price target on Union Pacific from $271.00 to $286.00 and gave the stock an “outperform” rating in a research note on Monday, July 21st. Barclays cut Union Pacific from an “overweight” rating to an “equal weight” rating in a research note on Wednesday, July 30th. Royal Bank Of Canada boosted their price objective on Union Pacific from $257.00 to $276.00 and gave the stock an “outperform” rating in a research note on Wednesday, July 30th. Susquehanna reduced their price objective on Union Pacific from $260.00 to $257.00 and set a “positive” rating on the stock in a research note on Wednesday, July 30th. Finally, Evercore ISI reduced their price objective on Union Pacific from $244.00 to $238.00 and set an “in-line” rating on the stock in a research note on Friday, July 25th. One equities research analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating and ten have given a Hold rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $259.38.

Union Pacific Trading Up 0.9%

NYSE:UNP opened at $227.78 on Wednesday. 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 Corporation has a one year low of $204.66 and a one year high of $256.84. The business’s 50-day simple moving average is $222.44 and its 200 day simple moving average is $224.72. The stock has a market cap of $135.09 billion, a price-to-earnings ratio of 19.79, a price-to-earnings-growth ratio of 2.19 and a beta of 1.03.

Union Pacific (NYSE:UNP) last released its quarterly earnings results on Thursday, July 24th. The railroad operator reported $3.03 EPS for the quarter, topping the consensus estimate of $2.84 by $0.19. Union Pacific had a return on equity of 41.73% and a net margin of 28.43%.The business had revenue of $6.15 billion for the quarter, compared to analysts’ expectations of $6.09 billion. During the same quarter in the previous year, the firm posted $2.74 earnings per share. The company’s revenue was up 2.4% compared to the same quarter last year. As a group, sell-side analysts predict that Union Pacific Corporation will post 11.99 earnings per share for the current fiscal year.

Union Pacific Increases Dividend

The company also recently disclosed 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 is an increase from Union Pacific’s previous quarterly dividend of $1.34. This represents a $5.52 annualized dividend and a yield of 2.4%. Union Pacific’s payout ratio is currently 47.96%.

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.