Union Pacific Corporation $UNP Position Reduced by Northeast Investment Management

Northeast Investment Management trimmed its position in Union Pacific Corporation (NYSE:UNP) by 1.4% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 184,381 shares of the railroad operator’s stock after selling 2,544 shares during the quarter. Union Pacific makes up approximately 1.8% of Northeast Investment Management’s portfolio, making the stock its 13th largest position. Northeast Investment Management’s holdings in Union Pacific were worth $43,582,000 at the end of the most recent reporting period.

Other large investors have also made changes to their positions in the company. Acadian Asset Management LLC grew its position in Union Pacific by 40.4% during the 1st quarter. Acadian Asset Management LLC now owns 2,312 shares of the railroad operator’s stock worth $546,000 after purchasing an additional 665 shares in the last quarter. Stephens Inc. AR boosted its position in shares of Union Pacific by 7.2% in the second quarter. Stephens Inc. AR now owns 49,440 shares of the railroad operator’s stock worth $11,375,000 after buying an additional 3,334 shares during the period. Schnieders Capital Management LLC. grew its holdings in shares of Union Pacific by 0.5% during the second quarter. Schnieders Capital Management LLC. now owns 20,606 shares of the railroad operator’s stock valued at $4,741,000 after buying an additional 102 shares in the last quarter. Princeton Global Asset Management LLC raised its position in Union Pacific by 118.0% during the second quarter. Princeton Global Asset Management LLC now owns 218 shares of the railroad operator’s stock valued at $50,000 after buying an additional 118 shares during the period. Finally, Pittenger & Anderson Inc. boosted its position in Union Pacific by 5.9% during the 2nd quarter. Pittenger & Anderson Inc. now owns 96,955 shares of the railroad operator’s stock worth $22,307,000 after acquiring an additional 5,410 shares during the period. Institutional investors and hedge funds own 80.38% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts have issued reports on UNP shares. BMO Capital Markets set a $255.00 target price on shares of Union Pacific in a research report on Wednesday, January 7th. Susquehanna reiterated a “buy” rating on shares of Union Pacific in a report on Monday, January 19th. Royal Bank Of Canada set a $280.00 target price on Union Pacific in a research note on Thursday, December 18th. Barclays reaffirmed an “overweight” rating and set a $285.00 price target (up from $270.00) on shares of Union Pacific in a research note on Tuesday, December 16th. Finally, Raymond James Financial reissued a “strong-buy” rating on shares of Union Pacific in a research note on Tuesday, January 27th. One analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and ten have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, Union Pacific currently has a consensus rating of “Moderate Buy” and a consensus price target of $258.32.

Union Pacific Trading Up 0.8%

Union Pacific stock opened at $262.64 on Wednesday. Union Pacific Corporation has a 52 week low of $204.66 and a 52 week high of $265.37. The company has a debt-to-equity ratio of 1.64, a quick ratio of 0.75 and a current ratio of 0.91. The firm has a market capitalization of $155.85 billion, a PE ratio of 21.94, a PEG ratio of 2.84 and a beta of 0.98. The business’s 50-day simple moving average is $237.56 and its 200-day simple moving average is $229.22.

Union Pacific (NYSE:UNP) last released its earnings results on Tuesday, January 27th. The railroad operator reported $2.86 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.92 by ($0.06). Union Pacific had a net margin of 29.12% and a return on equity of 40.89%. The business had revenue of $6.09 billion during the quarter, compared to analyst estimates of $6.15 billion. During the same period last year, the business earned $2.91 EPS. The business’s quarterly revenue was down .6% compared to the same quarter last year. Equities research analysts forecast that Union Pacific Corporation will post 11.99 earnings per share for the current year.

Union Pacific Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Tuesday, March 31st. Investors of record on Friday, February 27th will be given a dividend of $1.38 per share. The ex-dividend date of this dividend is Friday, February 27th. This represents a $5.52 dividend on an annualized basis and a yield of 2.1%. Union Pacific’s payout ratio is 46.12%.

About Union Pacific

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.