Bourgeon Capital Management LLC Takes Position in Union Pacific Corporation $UNP

Bourgeon Capital Management LLC acquired a new position in shares of Union Pacific Corporation (NYSE:UNP) during the fourth quarter, Holdings Channel.com reports. The institutional investor acquired 26,140 shares of the railroad operator’s stock, valued at approximately $6,047,000.

Other large investors have also recently bought and sold shares of the company. Capital World Investors lifted its holdings in Union Pacific by 193.3% in the third quarter. Capital World Investors now owns 10,481,043 shares of the railroad operator’s stock valued at $2,477,404,000 after acquiring an additional 6,908,016 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its stake in shares of Union Pacific by 72.7% during 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 worth $2,169,168,000 after purchasing an additional 3,861,636 shares during the period. Capital Research Global Investors grew its stake in shares of Union Pacific by 95.0% during the 3rd quarter. Capital Research Global Investors now owns 8,713,196 shares of the railroad operator’s stock worth $2,059,538,000 after purchasing an additional 4,244,226 shares during the period. Franklin Resources Inc. increased its holdings in shares of 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 in the last quarter. Finally, Northern Trust Corp lifted its stake in shares of Union Pacific by 3.2% in the third quarter. Northern Trust Corp now owns 6,881,628 shares of the railroad operator’s stock valued at $1,626,610,000 after purchasing an additional 210,184 shares during the period. Hedge funds and other institutional investors own 80.38% of the company’s stock.

Analysts Set New Price Targets

A number of research firms recently commented on UNP. Raymond James Financial reissued a “strong-buy” rating on shares of Union Pacific in a report on Tuesday, January 27th. BMO Capital Markets reiterated a “market perform” rating and set a $295.00 price target on shares of Union Pacific in a research report on Thursday, February 19th. 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. Royal Bank Of Canada set a $280.00 price target on Union Pacific in a report on Thursday, December 18th. Finally, Sanford C. Bernstein raised their price objective on Union Pacific from $289.00 to $293.00 and gave the company an “outperform” rating in a research note on Tuesday. One investment analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating and eight have given a Hold rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $265.18.

Union Pacific Trading Up 1.4%

Shares of UNP stock opened at $242.55 on Wednesday. The company has a market capitalization of $143.93 billion, a price-to-earnings ratio of 20.26, a PEG ratio of 2.61 and a beta of 0.95. 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 50-day moving average price of $248.96 and a 200 day moving average price of $235.56. Union Pacific Corporation has a twelve month low of $204.66 and a twelve month high of $268.14.

Union Pacific (NYSE:UNP) last released its quarterly 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 firm 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 revenue for the quarter was down .6% on a year-over-year basis. During the same period in the prior year, the business earned $2.91 earnings per share. Research analysts forecast that Union Pacific Corporation will post 11.99 earnings per share for the current fiscal year.

Union Pacific Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, March 31st. Stockholders of record on Friday, February 27th were issued a dividend of $1.38 per share. The ex-dividend date was Friday, February 27th. This represents a $5.52 annualized dividend and a dividend yield of 2.3%. Union Pacific’s dividend payout ratio (DPR) is 46.12%.

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.