Berman McAleer LLC Acquires New Shares in Union Pacific Corporation $UNP

Berman McAleer LLC purchased a new stake in shares of Union Pacific Corporation (NYSE:UNP) in the third quarter, according to its most recent filing with the Securities & Exchange Commission. The firm purchased 4,385 shares of the railroad operator’s stock, valued at approximately $1,036,000.

Other hedge funds also recently added to or reduced their stakes in the company. Howard Hughes Medical Institute purchased a new position in shares of Union Pacific in the 2nd quarter valued at about $30,000. Financial Gravity Companies Inc. acquired a new position in shares of Union Pacific in the second quarter valued at approximately $31,000. Total Investment Management Inc. purchased a new position in Union Pacific during the second quarter worth about $31,000. Access Investment Management LLC acquired a new stake in Union Pacific in the second quarter valued at $32,000. Finally, Sagard Holdings Management Inc. acquired a new stake in shares of Union Pacific in the 2nd quarter worth approximately $33,000. 80.38% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of brokerages have recently commented on UNP. Citigroup reiterated a “buy” rating and set a $270.00 price target (up from $265.00) on shares of Union Pacific in a report on Wednesday. JPMorgan Chase & Co. reduced their price objective on shares of Union Pacific from $270.00 to $265.00 and set a “neutral” rating on the stock in a research note on Wednesday. UBS Group set a $253.00 price target on Union Pacific and gave the stock a “neutral” rating in a research report on Friday, October 3rd. TD Cowen lowered their target price on shares of Union Pacific from $257.00 to $255.00 and set a “buy” rating on the stock in a research note on Wednesday. Finally, Barclays restated an “overweight” rating and issued a $285.00 target price (up from $270.00) on shares of Union Pacific in a report on Tuesday, December 16th. One equities research analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating and eleven have given a Hold rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $258.32.

Union Pacific Stock Up 0.7%

UNP stock opened at $235.14 on Friday. The company has a debt-to-equity ratio of 1.64, a current ratio of 0.91 and a quick ratio of 0.60. Union Pacific Corporation has a 52-week low of $204.66 and a 52-week high of $253.20. The company has a 50-day moving average of $232.21 and a two-hundred day moving average of $226.81. The stock has a market capitalization of $139.48 billion, a price-to-earnings ratio of 19.64, a price-to-earnings-growth ratio of 2.57 and a beta of 0.99.

Union Pacific (NYSE:UNP) last posted its quarterly earnings data 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 the consensus estimate of $6.15 billion. Union Pacific had a return on equity of 40.89% and a net margin of 29.12%.The business’s revenue for the quarter was down .6% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $2.91 EPS. As a group, equities research analysts anticipate that Union Pacific Corporation will post 11.99 EPS for the current year.

Union Pacific Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, December 30th. Stockholders of record on Friday, December 5th were issued a dividend of $1.38 per share. The ex-dividend date of this dividend was Friday, December 5th. This represents a $5.52 annualized dividend and a dividend yield of 2.3%. Union Pacific’s dividend payout ratio (DPR) is presently 46.12%.

Union Pacific 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.