Bryn Mawr Capital Management LLC Purchases 1,843 Shares of Union Pacific Co. (NYSE:UNP)

Bryn Mawr Capital Management LLC boosted its holdings in shares of Union Pacific Co. (NYSE:UNP) by 8.5% during the 2nd quarter, HoldingsChannel.com reports. The institutional investor owned 23,622 shares of the railroad operator’s stock after acquiring an additional 1,843 shares during the period. Bryn Mawr Capital Management LLC’s holdings in Union Pacific were worth $5,371,000 as of its most recent SEC filing.

A number of other large investors have also recently made changes to their positions in UNP. Forum Financial Management LP increased its stake in shares of Union Pacific by 0.6% during the first quarter. Forum Financial Management LP now owns 7,037 shares of the railroad operator’s stock valued at $1,731,000 after buying an additional 41 shares during the period. Mission Wealth Management LP grew its position in Union Pacific by 0.5% during the 4th quarter. Mission Wealth Management LP now owns 7,838 shares of the railroad operator’s stock valued at $1,925,000 after purchasing an additional 42 shares during the last quarter. Berkeley Capital Partners LLC grew its holdings in shares of Union Pacific by 1.0% during the fourth quarter. Berkeley Capital Partners LLC now owns 4,100 shares of the railroad operator’s stock valued at $1,007,000 after buying an additional 42 shares during the last quarter. Prestige Wealth Management Group LLC boosted its stake in Union Pacific by 1.4% during the 1st quarter. Prestige Wealth Management Group LLC now owns 3,015 shares of the railroad operator’s stock valued at $741,000 after purchasing an additional 42 shares during the last quarter. Finally, Elevated Capital Advisors LLC increased its holdings in Union Pacific by 3.6% in the 1st quarter. Elevated Capital Advisors LLC now owns 1,269 shares of the railroad operator’s stock worth $312,000 after buying an additional 44 shares in the last quarter. 80.38% of the stock is owned by institutional investors.

Union Pacific Price Performance

NYSE:UNP traded up $4.21 during trading hours on Friday, reaching $256.09. The stock had a trading volume of 2,386,564 shares, compared to its average volume of 2,260,287. The company has a debt-to-equity ratio of 1.89, a quick ratio of 0.86 and a current ratio of 1.05. The stock has a market capitalization of $156.01 billion, a PE ratio of 24.44, a PEG ratio of 2.19 and a beta of 1.06. Union Pacific Co. has a 52 week low of $199.33 and a 52 week high of $258.66. The company has a 50 day moving average price of $237.06 and a two-hundred day moving average price of $239.12.

Union Pacific (NYSE:UNP) last released its quarterly earnings data on Thursday, July 25th. The railroad operator reported $2.74 EPS for the quarter, beating the consensus estimate of $2.71 by $0.03. Union Pacific had a net margin of 26.90% and a return on equity of 42.62%. The business had revenue of $6.01 billion during the quarter, compared to analyst estimates of $6.05 billion. During the same quarter last year, the business earned $2.57 earnings per share. Union Pacific’s quarterly revenue was up .7% compared to the same quarter last year. As a group, sell-side analysts anticipate that Union Pacific Co. will post 11.11 earnings per share for the current fiscal year.

Union Pacific Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, September 30th. Stockholders of record on Friday, August 30th will be paid a $1.34 dividend. This represents a $5.36 annualized dividend and a dividend yield of 2.09%. This is a positive change from Union Pacific’s previous quarterly dividend of $1.30. The ex-dividend date of this dividend is Friday, August 30th. Union Pacific’s dividend payout ratio (DPR) is presently 49.62%.

Analyst Ratings Changes

Several analysts recently commented on UNP shares. StockNews.com lowered Union Pacific from a “buy” rating to a “hold” rating in a report on Tuesday, June 18th. Loop Capital lowered shares of Union Pacific from a “buy” rating to a “hold” rating and reduced their price target for the company from $276.00 to $238.00 in a research report on Monday, June 17th. Stifel Nicolaus dropped their price objective on shares of Union Pacific from $267.00 to $265.00 and set a “buy” rating on the stock in a report on Wednesday, July 17th. TD Cowen reduced their target price on shares of Union Pacific from $259.00 to $255.00 and set a “buy” rating for the company in a report on Friday, July 26th. Finally, Susquehanna cut their price objective on shares of Union Pacific from $270.00 to $250.00 and set a “neutral” rating for the company in a research report on Tuesday, June 25th. Seven investment analysts have rated the stock with a hold rating, twelve have assigned a buy rating and one has issued a strong buy rating to the company. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $258.79.

Insider Transactions at Union Pacific

In other Union Pacific news, President Elizabeth F. Whited sold 3,552 shares of the business’s stock in a transaction that occurred on Tuesday, July 30th. The stock was sold at an average price of $246.59, for a total transaction of $875,887.68. Following the completion of the transaction, the president now owns 64,945 shares in the company, valued at $16,014,787.55. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Company insiders own 0.28% of the company’s stock.

About Union Pacific

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.