Bridge Creek Capital Management LLC Buys 120 Shares of Union Pacific Co. (NYSE:UNP)

Bridge Creek Capital Management LLC raised its stake in Union Pacific Co. (NYSE:UNP) by 0.7% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 17,141 shares of the railroad operator’s stock after acquiring an additional 120 shares during the period. Bridge Creek Capital Management LLC’s holdings in Union Pacific were worth $3,909,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently bought and sold shares of UNP. Strategic Investment Solutions Inc. IL bought a new stake in Union Pacific in the 2nd quarter valued at $28,000. Catalyst Capital Advisors LLC purchased a new position in shares of Union Pacific in the 3rd quarter worth $30,000. Fairscale Capital LLC purchased a new position in shares of Union Pacific in the 2nd quarter worth $31,000. Jamison Private Wealth Management Inc. grew its stake in shares of Union Pacific by 265.7% in the 3rd quarter. Jamison Private Wealth Management Inc. now owns 128 shares of the railroad operator’s stock worth $32,000 after buying an additional 93 shares in the last quarter. Finally, Peterson Financial Group Inc. purchased a new position in shares of Union Pacific in the 3rd quarter worth $32,000. 80.38% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Several brokerages have weighed in on UNP. Stifel Nicolaus lowered their target price on Union Pacific from $265.00 to $262.00 and set a “buy” rating for the company in a report on Friday, October 25th. Sanford C. Bernstein decreased their price objective on Union Pacific from $277.00 to $272.00 and set an “outperform” rating for the company in a research note on Wednesday, October 9th. Royal Bank of Canada decreased their price objective on Union Pacific from $288.00 to $283.00 and set an “outperform” rating for the company in a research note on Friday, October 25th. Evercore ISI cut Union Pacific from an “outperform” rating to an “inline” rating and decreased their price objective for the stock from $254.00 to $247.00 in a research note on Wednesday, September 25th. Finally, Barclays upped their price objective on Union Pacific from $275.00 to $285.00 and gave the stock an “overweight” rating in a research note on Wednesday, November 13th. Nine investment analysts have rated the stock with a hold rating, eleven have assigned a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $259.80.

Union Pacific Price Performance

Shares of NYSE UNP traded up $1.69 during midday trading on Monday, hitting $226.90. The stock had a trading volume of 1,140,744 shares, compared to its average volume of 2,368,456. The company has a market capitalization of $137.56 billion, a PE ratio of 20.84, a P/E/G ratio of 2.33 and a beta of 1.06. The stock has a 50 day simple moving average of $234.64 and a 200-day simple moving average of $238.83. Union Pacific Co. has a 1 year low of $218.55 and a 1 year high of $258.66. The company has a quick ratio of 0.63, a current ratio of 0.77 and a debt-to-equity ratio of 1.79.

Union Pacific (NYSE:UNP) last posted its quarterly earnings results on Thursday, October 24th. The railroad operator reported $2.75 EPS for the quarter, missing the consensus estimate of $2.78 by ($0.03). Union Pacific had a net margin of 27.33% and a return on equity of 41.79%. The company had revenue of $6.09 billion during the quarter, compared to analyst estimates of $6.14 billion. During the same period in the prior year, the business posted $2.51 EPS. Union Pacific’s revenue for the quarter was up 2.5% compared to the same quarter last year. On average, sell-side analysts expect that Union Pacific Co. will post 10.94 EPS for the current fiscal year.

Union Pacific Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, December 30th. Stockholders of record on Monday, December 9th were paid a $1.34 dividend. The ex-dividend date of this dividend was Monday, December 9th. This represents a $5.36 dividend on an annualized basis and a dividend yield of 2.36%. Union Pacific’s payout ratio is presently 49.22%.

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.