161,045 Shares in Union Pacific Corporation $UNP Purchased by Life Cycle Investment Partners Ltd

Life Cycle Investment Partners Ltd acquired a new position in shares of Union Pacific Corporation (NYSE:UNP) in the fourth quarter, HoldingsChannel reports. The firm acquired 161,045 shares of the railroad operator’s stock, valued at approximately $37,253,000.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in UNP. Capital World Investors increased its position in Union Pacific by 193.3% during the 3rd quarter. Capital World Investors now owns 10,481,043 shares of the railroad operator’s stock worth $2,477,404,000 after purchasing an additional 6,908,016 shares in the last quarter. Capital Research Global Investors increased its position in Union Pacific by 95.0% during the 3rd quarter. Capital Research Global Investors now owns 8,713,196 shares of the railroad operator’s stock worth $2,059,538,000 after purchasing an additional 4,244,226 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its position in Union Pacific by 72.7% during the 3rd quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 9,177,002 shares of the railroad operator’s stock worth $2,169,168,000 after purchasing an additional 3,861,636 shares in the last quarter. EdgePoint Investment Group Inc. purchased a new stake in Union Pacific during the 3rd quarter worth about $408,592,000. Finally, Baupost Group LLC MA purchased a new stake in Union Pacific during the 3rd quarter worth about $353,658,000. Hedge funds and other institutional investors own 80.38% of the company’s stock.

Union Pacific Trading Up 0.1%

NYSE:UNP opened at $265.65 on Friday. Union Pacific Corporation has a 12-month low of $210.84 and a 12-month high of $276.40. The firm has a market capitalization of $157.72 billion, a P/E ratio of 21.88, a P/E/G ratio of 2.82 and a beta of 0.99. The company has a debt-to-equity ratio of 1.53, a current ratio of 0.92 and a quick ratio of 0.73. The business has a 50 day simple moving average of $253.79 and a 200 day simple moving average of $243.82.

Union Pacific (NYSE:UNP) last released its quarterly earnings data on Thursday, April 23rd. The railroad operator reported $2.93 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.86 by $0.07. Union Pacific had a return on equity of 39.58% and a net margin of 29.20%.The business had revenue of $6.22 billion during the quarter, compared to analyst estimates of $6.12 billion. During the same quarter in the previous year, the firm posted $2.70 EPS. The business’s revenue for the quarter was up 3.2% compared to the same quarter last year. Equities research analysts predict that Union Pacific Corporation will post 12.53 EPS for the current year.

Union Pacific Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 30th. Investors of record on Friday, May 29th will be given a dividend of $1.38 per share. The ex-dividend date is Friday, May 29th. This represents a $5.52 dividend on an annualized basis and a yield of 2.1%. Union Pacific’s payout ratio is currently 45.47%.

Insiders Place Their Bets

In other Union Pacific news, EVP Kenyatta G. Rocker sold 27,387 shares of the business’s stock in a transaction on Friday, April 24th. The stock was sold at an average price of $271.76, for a total transaction of $7,442,691.12. Following the completion of the transaction, the executive vice president owned 61,102 shares in the company, valued at approximately $16,605,079.52. The trade was a 30.95% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CFO Jennifer L. Hamann sold 2,000 shares of the business’s stock in a transaction on Friday, April 24th. The stock was sold at an average price of $274.70, for a total value of $549,400.00. Following the transaction, the chief financial officer owned 114,642 shares of the company’s stock, valued at $31,492,157.40. This trade represents a 1.71% decrease in their position. The SEC filing for this sale provides additional information. In the last quarter, insiders sold 31,386 shares of company stock worth $8,461,716. 0.22% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

A number of equities analysts have recently commented on the company. UBS Group restated a “neutral” rating and issued a $274.00 price objective (up from $253.00) on shares of Union Pacific in a report on Friday, April 24th. Robert W. Baird set a $311.00 target price on Union Pacific and gave the company an “outperform” rating in a report on Friday, March 6th. BMO Capital Markets restated a “market perform” rating and set a $285.00 price objective (up from $278.00) on shares of Union Pacific in a report on Friday, April 24th. TD Cowen lifted their price objective on Union Pacific from $256.00 to $282.00 and gave the stock a “buy” rating in a report on Friday, April 24th. Finally, Citigroup reissued a “buy” rating and set a $307.00 price target (up from $285.00) on shares of Union Pacific in a research report on Friday, April 24th. One investment analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and eight have assigned a Hold rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $280.47.

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.