Hilton Head Capital Partners LLC Makes New Investment in Union Pacific Corporation $UNP

Hilton Head Capital Partners LLC purchased a new position in Union Pacific Corporation (NYSE:UNP) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 2,919 shares of the railroad operator’s stock, valued at approximately $675,000.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the business. Stephens Consulting LLC boosted its stake in Union Pacific by 48.4% in the 4th quarter. Stephens Consulting LLC now owns 135 shares of the railroad operator’s stock worth $31,000 after purchasing an additional 44 shares during the period. Macroview Investment Management LLC boosted its stake in Union Pacific by 3.4% in the 4th quarter. Macroview Investment Management LLC now owns 1,349 shares of the railroad operator’s stock worth $312,000 after purchasing an additional 44 shares during the period. Prestige Wealth Management Group LLC raised its holdings in shares of Union Pacific by 1.4% during the 3rd quarter. Prestige Wealth Management Group LLC now owns 3,186 shares of the railroad operator’s stock worth $753,000 after acquiring an additional 45 shares in the last quarter. U.S. Capital Wealth Advisors LLC raised its holdings in shares of Union Pacific by 0.9% during the 4th quarter. U.S. Capital Wealth Advisors LLC now owns 4,988 shares of the railroad operator’s stock worth $1,154,000 after acquiring an additional 45 shares in the last quarter. Finally, Keebeck Wealth Management raised its holdings in shares of Union Pacific by 1.7% during the 3rd quarter. Keebeck Wealth Management now owns 2,691 shares of the railroad operator’s stock worth $636,000 after acquiring an additional 45 shares in the last quarter. 80.38% of the stock is currently owned by institutional investors.

Union Pacific Stock Performance

NYSE:UNP opened at $272.28 on Monday. The stock’s fifty day moving average is $259.32 and its 200 day moving average is $247.21. Union Pacific Corporation has a fifty-two week low of $210.84 and a fifty-two week high of $279.70. The firm has a market capitalization of $161.66 billion, a PE ratio of 22.43, a PEG ratio of 2.89 and a beta of 0.97. The company has a debt-to-equity ratio of 1.53, a quick ratio of 0.73 and a current ratio of 0.92.

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

Union Pacific Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, June 30th. Investors of record on Friday, May 29th will be issued a dividend of $1.38 per share. This represents a $5.52 annualized dividend and a yield of 2.0%. The ex-dividend date is Friday, May 29th. Union Pacific’s dividend payout ratio is presently 45.47%.

Insider Activity at Union Pacific

In related news, CFO Jennifer L. Hamann sold 2,000 shares of the stock in a transaction on Friday, April 24th. The stock was sold at an average price of $274.70, for a total transaction of $549,400.00. Following the sale, the chief financial officer owned 114,642 shares in the company, valued at approximately $31,492,157.40. This represents a 1.71% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, EVP Eric J. Gehringer sold 2,991 shares of the stock in a transaction on Wednesday, June 3rd. The shares were sold at an average price of $263.96, for a total value of $789,504.36. Following the sale, the executive vice president owned 43,012 shares in the company, valued at $11,353,447.52. The trade was a 6.50% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders have sold 34,377 shares of company stock worth $9,251,221. Company insiders own 0.22% of the company’s stock.

Analyst Upgrades and Downgrades

Several brokerages have recently issued reports on UNP. TD Cowen upped 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. Weiss Ratings raised Union Pacific from a “buy (b-)” rating to a “buy (b)” rating in a report on Tuesday, April 21st. Evercore reaffirmed an “outperform” rating and set a $277.00 price objective on shares of Union Pacific in a report on Friday, April 24th. JPMorgan Chase & Co. upped their price objective on Union Pacific from $267.00 to $275.00 and gave the stock a “neutral” rating in a report on Friday, April 24th. Finally, 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. One equities research analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and eight have given a Hold rating to the stock. According to data from MarketBeat.com, Union Pacific presently has a consensus rating of “Moderate Buy” and a consensus price target of $282.21.

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.