Skylands Capital LLC Has $53.03 Million Stock Position in Union Pacific Corporation $UNP

Skylands Capital LLC decreased its stake in Union Pacific Corporation (NYSE:UNP) by 1.2% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 224,350 shares of the railroad operator’s stock after selling 2,700 shares during the quarter. Union Pacific makes up about 7.3% of Skylands Capital LLC’s investment portfolio, making the stock its largest position. Skylands Capital LLC’s holdings in Union Pacific were worth $53,030,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also recently bought and sold shares of the stock. Howard Capital Management Group LLC boosted its position 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 buying an additional 45 shares in the last quarter. St. Johns Investment Management Company LLC raised its stake in shares of Union Pacific by 1.6% in the second quarter. St. Johns Investment Management Company LLC now owns 3,012 shares of the railroad operator’s stock valued at $693,000 after acquiring an additional 46 shares during the last quarter. Hanson & Doremus Investment Management boosted its holdings in shares of Union Pacific by 2.5% in the 3rd quarter. Hanson & Doremus Investment Management now owns 1,880 shares of the railroad operator’s stock worth $444,000 after acquiring an additional 46 shares in the last quarter. Silver Oak Securities Incorporated grew its position in Union Pacific by 4.5% during the 3rd quarter. Silver Oak Securities Incorporated now owns 1,065 shares of the railroad operator’s stock worth $252,000 after acquiring an additional 46 shares during the last quarter. Finally, Schubert & Co increased its holdings in Union Pacific by 1.9% during the 2nd quarter. Schubert & Co now owns 2,511 shares of the railroad operator’s stock valued at $578,000 after purchasing an additional 47 shares in the last quarter. 80.38% of the stock is currently owned by institutional investors and hedge funds.

Union Pacific Stock Up 2.8%

Shares of Union Pacific stock opened at $261.47 on Wednesday. Union Pacific Corporation has a 12 month low of $204.66 and a 12 month high of $261.55. The business has a fifty day simple moving average of $234.90 and a 200 day simple moving average of $227.90. The company has a quick ratio of 0.60, a current ratio of 0.91 and a debt-to-equity ratio of 1.64. The stock has a market cap of $155.15 billion, a PE ratio of 21.84, a price-to-earnings-growth ratio of 2.77 and a beta of 0.98.

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

Union Pacific Announces Dividend

The company 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 $1.38 dividend. This represents a $5.52 annualized dividend and a yield of 2.1%. The ex-dividend date of this dividend is Friday, February 27th. Union Pacific’s dividend payout ratio is presently 46.12%.

Analyst Upgrades and Downgrades

Several analysts have recently commented on UNP shares. TD Cowen decreased their target price on Union Pacific from $257.00 to $255.00 and set a “buy” rating on the stock in a report on Wednesday, January 28th. Susquehanna restated a “buy” rating on shares of Union Pacific in a research report on Monday, January 19th. Barclays reaffirmed an “overweight” rating and issued a $285.00 target price (up from $270.00) on shares of Union Pacific in a research note on Tuesday, December 16th. Weiss Ratings raised shares of Union Pacific from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Friday. Finally, The Goldman Sachs Group reissued a “neutral” rating and issued a $267.00 price target on shares of Union Pacific in a report on Tuesday, January 27th. One investment analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and ten have issued a Hold rating to the stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $258.32.

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.