Coldstream Capital Management Inc. grew its holdings in shares of Union Pacific Corporation (NYSE:UNP – Free Report) by 13.3% in the 3rd quarter, HoldingsChannel.com reports. The firm owned 20,077 shares of the railroad operator’s stock after purchasing an additional 2,349 shares during the quarter. Coldstream Capital Management Inc.’s holdings in Union Pacific were worth $4,746,000 as of its most recent SEC filing.
Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Caitlin John LLC acquired a new position in Union Pacific during the 3rd quarter valued at about $27,000. Howard Hughes Medical Institute acquired a new stake in Union Pacific in the second quarter worth about $30,000. Total Investment Management Inc. purchased a new stake in shares of Union Pacific during the second quarter worth about $31,000. Sagard Holdings Management Inc. purchased a new stake in shares of Union Pacific during the second quarter worth about $33,000. Finally, Quarry LP acquired a new position in shares of Union Pacific during the third quarter valued at about $34,000. 80.38% of the stock is currently owned by hedge funds and other institutional investors.
Analyst Ratings Changes
Several equities analysts recently commented on the stock. Susquehanna reaffirmed a “buy” rating on shares of Union Pacific in a research report on Monday, January 19th. Barclays restated an “overweight” rating and set a $285.00 price target (up from $270.00) on shares of Union Pacific in a research note on Tuesday, December 16th. JPMorgan Chase & Co. decreased their price target on shares of Union Pacific from $270.00 to $265.00 and set a “neutral” rating for the company in a report on Wednesday, January 28th. BMO Capital Markets reissued a “market perform” rating and set a $295.00 price objective on shares of Union Pacific in a report on Thursday, February 19th. Finally, Royal Bank Of Canada set a $280.00 target price on Union Pacific in a research report on Thursday, December 18th. One research analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and nine have given a Hold rating to the stock. According to MarketBeat, Union Pacific currently has a consensus rating of “Moderate Buy” and a consensus target price of $263.77.
Union Pacific Stock Performance
UNP opened at $236.44 on Thursday. The company has a current ratio of 0.91, a quick ratio of 0.75 and a debt-to-equity ratio of 1.64. Union Pacific Corporation has a 12-month low of $204.66 and a 12-month high of $268.14. The firm has a 50 day moving average of $247.08 and a two-hundred day moving average of $234.19. The firm has a market capitalization of $140.30 billion, a PE ratio of 19.75, a P/E/G ratio of 2.64 and a beta of 0.95.
Union Pacific (NYSE:UNP – Get Free Report) last released its quarterly earnings data on Tuesday, January 27th. The railroad operator reported $2.86 EPS for the quarter, missing the consensus estimate of $2.92 by ($0.06). The business had revenue of $6.09 billion during the quarter, compared to analysts’ expectations of $6.15 billion. Union Pacific had a net margin of 29.12% and a return on equity of 40.89%. The firm’s revenue was down .6% on a year-over-year basis. During the same period last year, the company earned $2.91 earnings per share. On average, analysts anticipate that Union Pacific Corporation will post 11.99 EPS for the current year.
Union Pacific Dividend Announcement
The firm also recently declared a quarterly dividend, which will be paid on Tuesday, March 31st. Shareholders of record on Friday, February 27th will be issued a $1.38 dividend. This represents a $5.52 annualized dividend and a yield of 2.3%. The ex-dividend date of this dividend is Friday, February 27th. Union Pacific’s dividend payout ratio is presently 46.12%.
About Union Pacific
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.
Further Reading
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