Bluedoor Private Wealth LLC Takes Position in Union Pacific Corporation $UNP

Bluedoor Private Wealth LLC acquired a new stake in Union Pacific Corporation (NYSE:UNP) in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 5,732 shares of the railroad operator’s stock, valued at approximately $1,326,000.

Other large investors have also modified their holdings of the company. Acadian Asset Management LLC grew its stake in shares of Union Pacific by 40.4% in the 1st quarter. Acadian Asset Management LLC now owns 2,312 shares of the railroad operator’s stock valued at $546,000 after purchasing an additional 665 shares during the last quarter. Schnieders Capital Management LLC. grew its stake in shares of Union Pacific by 0.5% in the 2nd quarter. Schnieders Capital Management LLC. now owns 20,606 shares of the railroad operator’s stock valued at $4,741,000 after purchasing an additional 102 shares during the last quarter. Main Street Financial Solutions LLC grew its stake in shares of Union Pacific by 1.6% in the 2nd quarter. Main Street Financial Solutions LLC now owns 3,733 shares of the railroad operator’s stock valued at $859,000 after purchasing an additional 58 shares during the last quarter. HUB Investment Partners LLC grew its stake in shares of Union Pacific by 10.0% in the 2nd quarter. HUB Investment Partners LLC now owns 6,091 shares of the railroad operator’s stock valued at $1,401,000 after purchasing an additional 554 shares during the last quarter. Finally, Alliancebernstein L.P. grew its stake in shares of Union Pacific by 7.4% in the 2nd quarter. Alliancebernstein L.P. now owns 1,528,426 shares of the railroad operator’s stock valued at $351,660,000 after purchasing an additional 105,664 shares during the last quarter. 80.38% of the stock is owned by institutional investors and hedge funds.

Union Pacific Stock Down 1.9%

UNP opened at $267.54 on Tuesday. 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 $262.69 and a 200-day simple moving average of $249.13. The stock has a market capitalization of $158.84 billion, a P/E ratio of 22.04, a P/E/G ratio of 2.89 and a beta of 0.97. Union Pacific Corporation has a 12 month low of $210.84 and a 12 month high of $279.70.

Union Pacific (NYSE:UNP) last posted its quarterly earnings results on Thursday, April 23rd. The railroad operator reported $2.93 EPS for the quarter, beating the consensus estimate of $2.86 by $0.07. The business had revenue of $6.22 billion during the quarter, compared to analysts’ expectations of $6.12 billion. Union Pacific had a return on equity of 39.58% and a net margin of 29.20%.The company’s quarterly revenue was up 3.2% compared to the same quarter last year. During the same period last year, the firm earned $2.70 EPS. On average, equities analysts anticipate that Union Pacific Corporation will post 12.55 earnings per share for the current fiscal year.

Union Pacific Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, June 30th. Stockholders of record on Friday, May 29th will be issued a $1.38 dividend. This represents a $5.52 annualized dividend and a dividend yield of 2.1%. The ex-dividend date of this dividend is Friday, May 29th. Union Pacific’s dividend payout ratio (DPR) is currently 45.47%.

Analysts Set New Price Targets

Several research analysts have weighed in on the company. Evercore reiterated an “outperform” rating and issued a $277.00 target price on shares of Union Pacific in a research note on Friday, April 24th. Susquehanna reiterated a “positive” rating and issued a $305.00 target price on shares of Union Pacific in a research note on Friday, June 5th. Barclays reiterated an “overweight” rating and issued a $315.00 target price (up from $285.00) on shares of Union Pacific in a research note on Friday, April 24th. Raymond James Financial set a $310.00 target price on Union Pacific in a research note on Friday, April 24th. Finally, JPMorgan Chase & Co. lifted their target price on Union Pacific from $267.00 to $275.00 and gave the company a “neutral” rating in a research note 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 issued a Hold rating to the stock. According to data from MarketBeat, Union Pacific currently has an average rating of “Moderate Buy” and an average price target of $282.21.

Insider Activity

In other news, CFO Jennifer L. Hamann sold 2,000 shares of the firm’s stock in a transaction that occurred 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 completion of the sale, the chief financial officer directly 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 transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP Kenyatta G. Rocker sold 27,387 shares of the firm’s stock in a transaction that occurred on Friday, April 24th. The shares were sold at an average price of $271.76, for a total value of $7,442,691.12. Following the completion of the sale, the executive vice president directly owned 61,102 shares of the company’s stock, valued at $16,605,079.52. This represents a 30.95% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 34,377 shares of company stock valued at $9,251,221 in the last three months. 0.22% of the stock is currently owned by company insiders.

Union Pacific 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.