BCS Private Wealth Management Inc. Invests $2.97 Million in Union Pacific Corporation $UNP

BCS Private Wealth Management Inc. bought a new stake in Union Pacific Corporation (NYSE:UNP) in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor bought 12,892 shares of the railroad operator’s stock, valued at approximately $2,966,000. Union Pacific comprises about 1.1% of BCS Private Wealth Management Inc.’s investment portfolio, making the stock its 28th biggest holding.

Several other large investors have also recently added to or reduced their stakes in the business. Norges Bank purchased a new stake in Union Pacific in the 2nd quarter valued at about $1,856,340,000. Laurel Wealth Advisors LLC lifted its holdings in shares of Union Pacific by 22,618.2% during the 2nd quarter. Laurel Wealth Advisors LLC now owns 2,624,636 shares of the railroad operator’s stock worth $603,876,000 after acquiring an additional 2,613,083 shares during the period. Amundi boosted its position in shares of Union Pacific by 35.6% in the second quarter. Amundi now owns 4,782,577 shares of the railroad operator’s stock worth $1,134,236,000 after acquiring an additional 1,255,231 shares during the last quarter. Rothschild & Co Wealth Management UK Ltd grew its holdings in Union Pacific by 3,536.2% in the second quarter. Rothschild & Co Wealth Management UK Ltd now owns 1,011,677 shares of the railroad operator’s stock valued at $232,767,000 after purchasing an additional 983,855 shares during the period. Finally, Arrowstreet Capital Limited Partnership grew its holdings in Union Pacific by 32.8% in the second quarter. Arrowstreet Capital Limited Partnership now owns 3,152,042 shares of the railroad operator’s stock valued at $725,222,000 after purchasing an additional 778,411 shares during the period. 80.38% of the stock is currently owned by hedge funds and other institutional investors.

Union Pacific Stock Down 1.5%

Shares of NYSE UNP opened at $231.86 on Wednesday. The stock has a fifty day moving average price of $226.29 and a 200 day moving average price of $225.52. The company has a current ratio of 0.75, a quick ratio of 0.60 and a debt-to-equity ratio of 1.75. Union Pacific Corporation has a 12-month low of $204.66 and a 12-month high of $256.84. The company has a market cap of $137.53 billion, a P/E ratio of 19.70, a P/E/G ratio of 2.61 and a beta of 0.99.

Union Pacific (NYSE:UNP) last issued its earnings results on Thursday, October 23rd. The railroad operator reported $3.08 earnings per share for the quarter, topping the consensus estimate of $2.99 by $0.09. Union Pacific had a return on equity of 42.23% and a net margin of 28.73%.The company had revenue of $6.24 billion during the quarter, compared to the consensus estimate of $6.24 billion. During the same quarter in the prior year, the business earned $2.75 earnings per share. The company’s revenue was up 2.5% compared to the same quarter last year. Research analysts anticipate that Union Pacific Corporation will post 11.99 EPS for the current fiscal year.

Union Pacific Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 30th. Shareholders of record on Friday, December 5th will be given a $1.38 dividend. The ex-dividend date of this dividend is Friday, December 5th. This represents a $5.52 annualized dividend and a yield of 2.4%. Union Pacific’s dividend payout ratio (DPR) is 46.90%.

Wall Street Analysts Forecast Growth

UNP has been the topic of a number of recent analyst reports. The Goldman Sachs Group set a $263.00 price target on shares of Union Pacific and gave the stock a “neutral” rating in a research note on Thursday, October 23rd. Citigroup upped their price objective on Union Pacific from $263.00 to $265.00 and gave the stock a “buy” rating in a report on Friday, October 24th. Argus cut Union Pacific from a “buy” rating to a “hold” rating in a report on Tuesday, August 12th. Susquehanna reissued a “positive” rating and set a $272.00 price target (up previously from $257.00) on shares of Union Pacific in a research report on Thursday, September 25th. Finally, Cowen restated a “buy” rating on shares of Union Pacific in a report on Friday, October 24th. One research analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating and eleven have issued a Hold rating to the company. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $261.63.

Union Pacific Profile

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.