Union Pacific Corporation $UNP Stock Position Trimmed by Partners Group Holding AG

Partners Group Holding AG cut its position in Union Pacific Corporation (NYSE:UNP) by 10.1% during the 4th quarter, HoldingsChannel reports. The firm owned 167,786 shares of the railroad operator’s stock after selling 18,915 shares during the quarter. Union Pacific makes up about 2.6% of Partners Group Holding AG’s investment portfolio, making the stock its 14th largest position. Partners Group Holding AG’s holdings in Union Pacific were worth $38,812,000 at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of the company. Vanguard Group Inc. lifted its position in Union Pacific by 1.1% in the 4th quarter. Vanguard Group Inc. now owns 59,329,262 shares of the railroad operator’s stock valued at $13,724,045,000 after purchasing an additional 659,378 shares during the last quarter. Capital World Investors lifted its position in Union Pacific by 193.3% in the 3rd quarter. Capital World Investors now owns 10,481,043 shares of the railroad operator’s stock valued at $2,477,404,000 after purchasing an additional 6,908,016 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its position in Union Pacific by 72.7% in 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 valued at $2,169,168,000 after purchasing an additional 3,861,636 shares during the last quarter. Capital Research Global Investors lifted its position in Union Pacific by 95.0% in the 3rd quarter. Capital Research Global Investors now owns 8,713,196 shares of the railroad operator’s stock valued at $2,059,538,000 after purchasing an additional 4,244,226 shares during the last quarter. Finally, Franklin Resources Inc. lifted its position in Union Pacific by 18.9% in the 3rd quarter. Franklin Resources Inc. now owns 7,164,334 shares of the railroad operator’s stock valued at $1,693,434,000 after purchasing an additional 1,139,926 shares during the last quarter. 80.38% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several equities analysts have commented on UNP shares. Raymond James Financial set a $310.00 target price on shares of Union Pacific in a research note on Friday, April 24th. TD Cowen raised their target price on shares of Union Pacific from $256.00 to $282.00 and gave the company a “buy” rating in a research note on Friday, April 24th. Evercore reissued an “outperform” rating and set a $277.00 target price on shares of Union Pacific in a research note on Friday, April 24th. Benchmark raised their target price on shares of Union Pacific from $275.00 to $300.00 and gave the company a “buy” rating in a research note on Friday, April 24th. Finally, Citigroup reissued a “buy” rating and set a $307.00 target price (up from $285.00) on shares of Union Pacific in a research note on Friday, April 24th. One equities research analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating and eight have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, Union Pacific has an average rating of “Moderate Buy” and a consensus price target of $280.47.

Union Pacific Stock Performance

Shares of UNP opened at $271.30 on Wednesday. The firm’s 50 day moving average is $252.93 and its 200-day moving average is $243.02. The stock has a market capitalization of $161.07 billion, a P/E ratio of 22.35, a P/E/G ratio of 2.92 and a beta of 0.99. 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 Corporation has a 12-month low of $210.84 and a 12-month high of $276.40.

Union Pacific (NYSE:UNP) last announced its quarterly earnings data on Thursday, April 23rd. The railroad operator reported $2.93 earnings per share (EPS) for the quarter, topping the consensus estimate 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 net margin of 29.20% and a return on equity of 39.58%. The business’s revenue was up 3.2% compared to the same quarter last year. During the same quarter in the previous year, the company posted $2.70 EPS. Equities research analysts anticipate that Union Pacific Corporation will post 12.53 EPS for the current fiscal year.

Union Pacific Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 30th. Stockholders of record on Friday, May 29th will be paid a $1.38 dividend. The ex-dividend date of this dividend is Friday, May 29th. This represents a $5.52 annualized dividend and a dividend yield of 2.0%. Union Pacific’s payout ratio is currently 45.47%.

Insider Transactions at Union Pacific

In other news, EVP Eric J. Gehringer sold 1,999 shares of Union Pacific stock in a transaction that occurred on Friday, March 20th. The shares were sold at an average price of $234.93, for a total value of $469,625.07. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, CFO Jennifer L. Hamann sold 2,000 shares of Union Pacific stock in a transaction that occurred 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 completion of the transaction, the chief financial officer directly owned 114,642 shares in the company, valued at $31,492,157.40. This represents a 1.71% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 31,386 shares of company stock valued at $8,461,716 in the last quarter. Insiders own 0.22% of the company’s stock.

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.