Union Pacific Corporation $UNP is Baupost Group LLC MA’s 5th Largest Position

Baupost Group LLC MA raised its position in Union Pacific Corporation (NYSE:UNP) by 8.8% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 1,627,254 shares of the railroad operator’s stock after buying an additional 131,050 shares during the quarter. Union Pacific makes up approximately 7.1% of Baupost Group LLC MA’s portfolio, making the stock its 5th biggest position. Baupost Group LLC MA owned approximately 0.27% of Union Pacific worth $376,416,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Acadian Asset Management LLC raised its stake in shares of Union Pacific by 40.4% during the first quarter. Acadian Asset Management LLC now owns 2,312 shares of the railroad operator’s stock worth $546,000 after purchasing an additional 665 shares during the last quarter. Schnieders Capital Management LLC. raised its stake in shares of Union Pacific by 0.5% during the second quarter. Schnieders Capital Management LLC. now owns 20,606 shares of the railroad operator’s stock worth $4,741,000 after purchasing an additional 102 shares during the last quarter. Main Street Financial Solutions LLC raised its stake in shares of Union Pacific by 1.6% during the second quarter. Main Street Financial Solutions LLC now owns 3,733 shares of the railroad operator’s stock worth $859,000 after purchasing an additional 58 shares during the last quarter. HUB Investment Partners LLC raised its stake in shares of Union Pacific by 10.0% during the second quarter. HUB Investment Partners LLC now owns 6,091 shares of the railroad operator’s stock worth $1,401,000 after purchasing an additional 554 shares during the last quarter. Finally, Alliancebernstein L.P. raised its stake in shares of Union Pacific by 7.4% during the second quarter. Alliancebernstein L.P. now owns 1,528,426 shares of the railroad operator’s stock worth $351,660,000 after purchasing an additional 105,664 shares during the last quarter. Hedge funds and other institutional investors own 80.38% of the company’s stock.

Analysts Set New Price Targets

UNP has been the subject of several analyst reports. Barclays restated an “overweight” rating and set a $315.00 price target (up from $285.00) on shares of Union Pacific in a research note on Friday, April 24th. Weiss Ratings upgraded Union Pacific from a “buy (b-)” rating to a “buy (b)” rating in a research note on Tuesday, April 21st. Wells Fargo & Company restated an “overweight” rating and set a $300.00 price target (up from $260.00) on shares of Union Pacific in a research note on Friday, April 24th. BMO Capital Markets restated a “market perform” rating and set a $285.00 price target (up from $278.00) on shares of Union Pacific in a research note on Friday, April 24th. Finally, Sanford C. Bernstein upped their price target on Union Pacific from $289.00 to $293.00 and gave the stock an “outperform” rating in a research note on Tuesday, March 31st. One research analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and eight have issued a Hold rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $282.21.

Union Pacific Trading Up 1.5%

NYSE:UNP opened at $272.37 on Friday. The stock has a fifty day moving average price of $262.23 and a two-hundred day moving average price of $248.69. The stock has a market capitalization of $161.71 billion, a price-to-earnings ratio of 22.44, a PEG ratio of 2.89 and a beta of 0.97. The company has a debt-to-equity ratio of 1.53, a quick ratio of 0.73 and a current ratio of 0.92. Union Pacific Corporation has a 1 year low of $210.84 and a 1 year high of $279.70.

Union Pacific (NYSE:UNP) last released 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 firm had revenue of $6.22 billion during the quarter, compared to analysts’ expectations of $6.12 billion. Union Pacific had a return on equity of 39.58% and a net margin of 29.20%.Union Pacific’s revenue was up 3.2% compared to the same quarter last year. During the same quarter in the prior year, the business posted $2.70 earnings per share. As a group, sell-side analysts anticipate that Union Pacific Corporation will post 12.55 earnings per share 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. Shareholders of record on Friday, May 29th will be given a $1.38 dividend. The ex-dividend date is Friday, May 29th. This represents a $5.52 annualized dividend and a yield of 2.0%. Union Pacific’s dividend payout ratio is presently 45.47%.

Insiders Place Their Bets

In other Union Pacific news, CFO Jennifer L. Hamann sold 2,000 shares of the stock in a transaction on Friday, April 24th. The stock was sold at an average price of $274.70, for a total value of $549,400.00. Following the completion of the transaction, the chief financial officer owned 114,642 shares in the company, valued at approximately $31,492,157.40. This represents a 1.71% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, EVP Eric J. Gehringer sold 2,991 shares of the stock in a transaction on Wednesday, June 3rd. The stock was sold at an average price of $263.96, for a total value of $789,504.36. Following the completion of the transaction, the executive vice president owned 43,012 shares of the company’s stock, valued at $11,353,447.52. The trade was a 6.50% decrease in their position. The SEC filing for this sale provides additional information. Over the last quarter, insiders sold 34,377 shares of company stock worth $9,251,221. 0.22% of the stock is owned by corporate insiders.

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.