Union Pacific Corporation $UNP Stake Raised by Kovitz Investment Group Partners LLC

Kovitz Investment Group Partners LLC raised its holdings in Union Pacific Corporation (NYSE:UNP) by 6.5% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 73,649 shares of the railroad operator’s stock after acquiring an additional 4,477 shares during the quarter. Kovitz Investment Group Partners LLC’s holdings in Union Pacific were worth $17,408,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors also recently made changes to their positions in the company. Howard Hughes Medical Institute purchased a new position in Union Pacific in the 2nd quarter worth about $30,000. Financial Gravity Companies Inc. acquired a new position in shares of Union Pacific in the second quarter worth about $31,000. Total Investment Management Inc. purchased a new position in shares of Union Pacific in the second quarter worth approximately $31,000. Access Investment Management LLC purchased a new position in shares of Union Pacific in the second quarter worth approximately $32,000. Finally, Sagard Holdings Management Inc. acquired a new stake in shares of Union Pacific during the second quarter valued at approximately $33,000. Institutional investors own 80.38% of the company’s stock.

Union Pacific Price Performance

Shares of NYSE:UNP opened at $263.82 on Tuesday. The firm has a market cap of $156.55 billion, a price-to-earnings ratio of 22.04, a P/E/G ratio of 2.90 and a beta of 0.98. Union Pacific Corporation has a 1 year low of $204.66 and a 1 year high of $267.81. The company has a current ratio of 0.91, a quick ratio of 0.75 and a debt-to-equity ratio of 1.64. The business has a fifty day simple moving average of $239.68 and a 200 day simple moving average of $230.38.

Union Pacific (NYSE:UNP) last issued its earnings results on Tuesday, January 27th. The railroad operator reported $2.86 earnings per share for the quarter, missing the consensus estimate of $2.92 by ($0.06). Union Pacific had a return on equity of 40.89% and a net margin of 29.12%.The firm had revenue of $6.09 billion during the quarter, compared to analyst estimates of $6.15 billion. During the same period in the previous year, the company earned $2.91 earnings per share. The business’s revenue for the quarter was down .6% on a year-over-year basis. As a group, sell-side analysts predict that Union Pacific Corporation will post 11.99 earnings per share for the current fiscal year.

Union Pacific Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 31st. Investors of record on Friday, February 27th will be issued a $1.38 dividend. The ex-dividend date is Friday, February 27th. This represents a $5.52 dividend on an annualized basis and a yield of 2.1%. Union Pacific’s dividend payout ratio is currently 46.12%.

Analyst Ratings Changes

A number of equities analysts recently commented on UNP shares. Citigroup reaffirmed a “buy” rating and issued a $270.00 price objective (up previously from $265.00) on shares of Union Pacific in a research note on Wednesday, January 28th. BMO Capital Markets reaffirmed a “market perform” rating and issued a $295.00 target price on shares of Union Pacific in a research report on Thursday. The Goldman Sachs Group reiterated a “neutral” rating and set a $267.00 price target on shares of Union Pacific in a report on Tuesday, January 27th. Deutsche Bank Aktiengesellschaft set a $245.00 price objective on Union Pacific in a research note on Thursday, December 11th. Finally, TD Cowen lowered their target price on Union Pacific from $257.00 to $255.00 and set a “buy” rating on the stock in a research note on Wednesday, January 28th. One research analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and ten have given a Hold rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $260.14.

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.