Little House Capital LLC increased its position in shares of Union Pacific Corporation (NYSE:UNP – Free Report) by 53.2% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 9,636 shares of the railroad operator’s stock after acquiring an additional 3,348 shares during the quarter. Little House Capital LLC’s holdings in Union Pacific were worth $2,229,000 as of its most recent filing with the SEC.
A number of other hedge funds have also recently bought and sold shares of the company. Capital World Investors increased its holdings in shares of 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 buying an additional 6,908,016 shares during the last quarter. Capital Research Global Investors increased its holdings in shares of 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 buying an additional 4,244,226 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its holdings in shares of 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 buying an additional 3,861,636 shares during the last quarter. EdgePoint Investment Group Inc. acquired a new stake in shares of Union Pacific during the 3rd quarter worth $408,592,000. Finally, Baupost Group LLC MA acquired a new stake in shares of Union Pacific during the 3rd quarter worth $353,658,000. Institutional investors and hedge funds own 80.38% of the company’s stock.
Analysts Set New Price Targets
A number of research firms have recently commented on UNP. Weiss Ratings upgraded Union Pacific from a “buy (b-)” rating to a “buy (b)” rating in a report on Tuesday, April 21st. Benchmark upped their price objective on Union Pacific from $275.00 to $300.00 and gave the stock a “buy” rating in a report on Friday, April 24th. TD Cowen raised their price target on shares of Union Pacific from $256.00 to $282.00 and gave the company a “buy” rating in a report on Friday, April 24th. JPMorgan Chase & Co. raised their price target on shares of Union Pacific from $267.00 to $275.00 and gave the company a “neutral” rating in a report on Friday, April 24th. Finally, The Goldman Sachs Group restated a “neutral” rating and issued a $267.00 price target on shares of Union Pacific in a report on Tuesday, January 27th. One investment analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating and eight have issued a Hold rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $280.47.
Union Pacific Trading Down 1.4%
Shares of UNP opened at $271.30 on Wednesday. The stock’s 50-day moving average is $252.93 and its two-hundred day moving average is $243.02. The stock has a market cap of $161.07 billion, a PE ratio of 22.35, a P/E/G ratio of 2.92 and a beta of 0.99. Union Pacific Corporation has a 12 month low of $210.84 and a 12 month high of $276.40. The company has a debt-to-equity ratio of 1.53, a current ratio of 0.92 and a quick ratio of 0.73.
Union Pacific (NYSE:UNP – Get Free Report) last issued its quarterly earnings data on Thursday, April 23rd. The railroad operator reported $2.93 EPS for the quarter, topping analysts’ consensus estimates of $2.86 by $0.07. The company had revenue of $6.22 billion for 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 firm’s quarterly revenue was up 3.2% on a year-over-year basis. During the same quarter in the previous year, the firm posted $2.70 earnings per share. Equities analysts forecast that Union Pacific Corporation will post 12.53 earnings per share for the current fiscal year.
Union Pacific Dividend Announcement
The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 30th. Shareholders of record on Friday, May 29th 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 2.0%. The ex-dividend date is Friday, May 29th. Union Pacific’s payout ratio is currently 45.47%.
Insiders Place Their Bets
In other Union Pacific news, EVP Eric J. Gehringer sold 1,999 shares of the business’s stock in a transaction dated Friday, March 20th. The stock was sold at an average price of $234.93, for a total transaction of $469,625.07. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, EVP Kenyatta G. Rocker sold 27,387 shares of the company’s stock in a transaction on Friday, April 24th. The shares were 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 of the company’s stock, valued at $16,605,079.52. This trade represents a 30.95% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 31,386 shares of company stock worth $8,461,716 over the last quarter. 0.22% of the stock is owned by corporate 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.
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