Union Pacific Corporation $UNP Holdings Raised by SevenBridge Financial Group LLC

SevenBridge Financial Group LLC increased its position in shares of Union Pacific Corporation (NYSE:UNP) by 17.3% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 19,409 shares of the railroad operator’s stock after purchasing an additional 2,862 shares during the quarter. SevenBridge Financial Group LLC’s holdings in Union Pacific were worth $4,339,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. Duff & Phelps Investment Management Co. grew its position in shares of Union Pacific by 77.3% during the 3rd quarter. Duff & Phelps Investment Management Co. now owns 153,928 shares of the railroad operator’s stock valued at $36,384,000 after buying an additional 67,118 shares during the last quarter. Connor Clark & Lunn Investment Management Ltd. lifted its holdings in Union Pacific by 163.2% in the third quarter. Connor Clark & Lunn Investment Management Ltd. now owns 151,358 shares of the railroad operator’s stock worth $35,776,000 after acquiring an additional 93,860 shares during the last quarter. Beese Fulmer Investment Management Inc. lifted its holdings in Union Pacific by 1.4% in the third quarter. Beese Fulmer Investment Management Inc. now owns 47,841 shares of the railroad operator’s stock worth $11,308,000 after acquiring an additional 654 shares during the last quarter. Franklin Resources Inc. boosted its stake in Union Pacific by 18.9% in the third quarter. Franklin Resources Inc. now owns 7,164,334 shares of the railroad operator’s stock valued at $1,693,434,000 after acquiring an additional 1,139,926 shares during the period. Finally, Brentview Investment Management LLC boosted its stake in Union Pacific by 3.5% in the third quarter. Brentview Investment Management LLC now owns 16,223 shares of the railroad operator’s stock valued at $3,835,000 after acquiring an additional 546 shares during the period. Institutional investors and hedge funds own 80.38% of the company’s stock.

Wall Street Analysts Forecast Growth

UNP has been the topic of a number of research reports. Weiss Ratings upgraded Union Pacific from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Friday, February 6th. BMO Capital Markets restated a “market perform” rating and set a $295.00 price objective on shares of Union Pacific in a research report on Thursday, February 19th. Raymond James Financial restated a “strong-buy” rating on shares of Union Pacific in a research note on Tuesday, January 27th. JPMorgan Chase & Co. dropped their target price on Union Pacific from $270.00 to $265.00 and set a “neutral” rating on the stock in a research report on Wednesday, January 28th. Finally, TD Cowen cut their target price on Union Pacific from $257.00 to $255.00 and set a “buy” rating on the stock in a research note on Wednesday, January 28th. One research analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and nine have given a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $263.77.

Union Pacific Stock Performance

UNP opened at $251.21 on Thursday. The company has a current ratio of 0.91, a quick ratio of 0.75 and a debt-to-equity ratio of 1.64. The business’s 50 day moving average is $246.01 and its 200-day moving average is $233.53. The stock has a market cap of $149.06 billion, a PE ratio of 20.99, a price-to-earnings-growth ratio of 2.73 and a beta of 0.95. Union Pacific Corporation has a twelve month low of $204.66 and a twelve month high of $268.14.

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

Union Pacific Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 31st. Investors of record on Friday, February 27th will be paid a dividend of $1.38 per share. This represents a $5.52 dividend on an annualized basis and a dividend yield of 2.2%. The ex-dividend date is Friday, February 27th. Union Pacific’s payout ratio is currently 46.12%.

Union Pacific Company Profile

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.