South Shore Capital Advisors Acquires New Shares in Union Pacific Corporation $UNP

South Shore Capital Advisors acquired a new stake in Union Pacific Corporation (NYSE:UNP) during the fourth quarter, Holdings Channel reports. The fund acquired 3,985 shares of the railroad operator’s stock, valued at approximately $922,000.

A number of other large investors have also recently added to or reduced their stakes in the business. Stephens Consulting LLC lifted its holdings in Union Pacific by 48.4% in the fourth quarter. Stephens Consulting LLC now owns 135 shares of the railroad operator’s stock valued at $31,000 after acquiring an additional 44 shares during the last quarter. Howard Capital Management Group LLC lifted its holdings in Union Pacific by 2.0% in the third quarter. Howard Capital Management Group LLC now owns 2,252 shares of the railroad operator’s stock valued at $532,000 after acquiring an additional 45 shares during the last quarter. Prestige Wealth Management Group LLC lifted its holdings in Union Pacific by 1.4% in the third quarter. Prestige Wealth Management Group LLC now owns 3,186 shares of the railroad operator’s stock valued at $753,000 after acquiring an additional 45 shares during the last quarter. Keebeck Wealth Management lifted its holdings in Union Pacific by 1.7% in the third quarter. Keebeck Wealth Management now owns 2,691 shares of the railroad operator’s stock valued at $636,000 after acquiring an additional 45 shares during the last quarter. Finally, Hanson & Doremus Investment Management lifted its holdings in Union Pacific by 2.5% in the third quarter. Hanson & Doremus Investment Management now owns 1,880 shares of the railroad operator’s stock valued at $444,000 after acquiring an additional 46 shares during the last quarter. 80.38% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Union Pacific

In other news, EVP Eric J. Gehringer sold 1,999 shares of the company’s stock in a transaction on Friday, March 20th. The stock was sold at an average price of $234.93, for a total transaction of $469,625.07. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Corporate insiders own 0.28% of the company’s stock.

Union Pacific Stock Up 0.3%

Union Pacific stock opened at $245.37 on Tuesday. Union Pacific Corporation has a twelve month low of $204.66 and a twelve month high of $268.14. The stock’s fifty day simple moving average is $250.08 and its 200-day simple moving average is $236.31. 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 firm has a market capitalization of $145.60 billion, a P/E ratio of 20.50, a P/E/G ratio of 2.70 and a beta of 0.96.

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

Union Pacific Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, March 31st. Stockholders of record on Friday, February 27th were given a dividend of $1.38 per share. The ex-dividend date of this dividend was 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 is currently 46.12%.

Analyst Ratings Changes

A number of research analysts have commented on the company. JPMorgan Chase & Co. decreased their price target on Union Pacific from $270.00 to $265.00 and set a “neutral” rating on the stock in a research note on Wednesday, January 28th. Robert W. Baird set a $311.00 price target on Union Pacific and gave the stock an “outperform” rating in a research note on Friday, March 6th. The Goldman Sachs Group restated a “neutral” rating and set a $267.00 price target on shares of Union Pacific in a research note on Tuesday, January 27th. Susquehanna restated a “buy” rating on shares of Union Pacific in a research note on Monday, January 19th. Finally, TD Cowen decreased their price target 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 equities research analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and eight have assigned a Hold rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $265.18.

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.