Union Pacific Corporation $UNP Position Raised by SevenBridge Financial Group LLC

SevenBridge Financial Group LLC boosted its position in Union Pacific Corporation (NYSE:UNP) by 17.3% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 19,409 shares of the railroad operator’s stock after purchasing an additional 2,862 shares during the period. SevenBridge Financial Group LLC’s holdings in Union Pacific were worth $4,339,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Union Bancaire Privee UBP SA increased its holdings in shares of Union Pacific by 9.8% in the third quarter. Union Bancaire Privee UBP SA now owns 52,849 shares of the railroad operator’s stock valued at $12,492,000 after buying an additional 4,707 shares in the last quarter. Midwest Trust Co boosted its stake in shares of Union Pacific by 2.8% during the 3rd quarter. Midwest Trust Co now owns 281,036 shares of the railroad operator’s stock worth $66,428,000 after acquiring an additional 7,759 shares in the last quarter. CX Institutional boosted its stake in shares of Union Pacific by 39.8% during the 3rd quarter. CX Institutional now owns 65,826 shares of the railroad operator’s stock worth $15,559,000 after acquiring an additional 18,742 shares in the last quarter. Thrivent Financial for Lutherans grew its holdings in shares of Union Pacific by 15.1% in the 3rd quarter. Thrivent Financial for Lutherans now owns 135,188 shares of the railroad operator’s stock worth $31,955,000 after acquiring an additional 17,696 shares during the last quarter. Finally, AustralianSuper Pty Ltd acquired a new position in shares of Union Pacific in the 3rd quarter worth $802,000. 80.38% of the stock is owned by institutional investors.

Union Pacific Trading Up 0.4%

NYSE:UNP opened at $251.21 on Thursday. The stock has a market cap of $149.06 billion, a PE ratio of 20.99, a price-to-earnings-growth ratio of 2.73 and a beta of 0.95. Union Pacific Corporation has a fifty-two week low of $204.66 and a fifty-two week high of $268.14. The company has a debt-to-equity ratio of 1.64, a current ratio of 0.91 and a quick ratio of 0.75. The stock’s 50-day moving average is $246.01 and its two-hundred day moving average is $233.53.

Union Pacific (NYSE:UNP) last posted its quarterly earnings results on Tuesday, January 27th. The railroad operator reported $2.86 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.92 by ($0.06). The company had revenue of $6.09 billion during the quarter, compared to analysts’ expectations of $6.15 billion. Union Pacific had a return on equity of 40.89% and a net margin of 29.12%.Union Pacific’s revenue for the quarter was down .6% compared to the same quarter last year. During the same period last year, the company earned $2.91 earnings per share. As a group, equities research analysts forecast that Union Pacific Corporation will post 11.99 earnings per share for the current fiscal year.

Union Pacific Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, March 31st. Shareholders of record on Friday, February 27th will be paid a dividend of $1.38 per share. The ex-dividend date of this dividend is Friday, February 27th. This represents a $5.52 dividend on an annualized basis and a dividend yield of 2.2%. Union Pacific’s dividend payout ratio (DPR) is 46.12%.

Wall Street Analyst Weigh In

Several equities research analysts have recently commented on UNP shares. TD Cowen reduced their target price on Union Pacific from $257.00 to $255.00 and set a “buy” rating for the company in a report on Wednesday, January 28th. Robert W. Baird set a $311.00 price objective on shares of Union Pacific and gave the company an “outperform” rating in a research note on Friday, March 6th. The Goldman Sachs Group reissued a “neutral” rating and issued a $267.00 target price on shares of Union Pacific in a research report on Tuesday, January 27th. Weiss Ratings upgraded shares of Union Pacific from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Friday, February 6th. Finally, Citigroup reiterated a “buy” rating and set a $270.00 price objective (up from $265.00) on shares of Union Pacific in a research report on Wednesday, January 28th. One analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and nine have issued a Hold rating to the company. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $263.77.

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.