MGO One Seven LLC Raises Position in Union Pacific Corporation $UNP

MGO One Seven LLC lifted its stake in Union Pacific Corporation (NYSE:UNP) by 143.9% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 30,268 shares of the railroad operator’s stock after purchasing an additional 17,860 shares during the period. MGO One Seven LLC’s holdings in Union Pacific were worth $7,154,000 at the end of the most recent reporting period.

Other hedge funds have also bought and sold shares of the company. Acadian Asset Management LLC increased its holdings in Union Pacific by 40.4% in the 1st quarter. Acadian Asset Management LLC now owns 2,312 shares of the railroad operator’s stock worth $546,000 after acquiring an additional 665 shares in the last quarter. Jones Financial Companies Lllp increased its stake in shares of Union Pacific by 28.9% in the first quarter. Jones Financial Companies Lllp now owns 160,403 shares of the railroad operator’s stock worth $37,305,000 after purchasing an additional 35,982 shares in the last quarter. Central Pacific Bank Trust Division raised its position in shares of Union Pacific by 7.3% during the 2nd quarter. Central Pacific Bank Trust Division now owns 1,258 shares of the railroad operator’s stock valued at $289,000 after purchasing an additional 86 shares during the period. Gallacher Capital Management LLC lifted its stake in shares of Union Pacific by 4.2% during the 2nd quarter. Gallacher Capital Management LLC now owns 2,619 shares of the railroad operator’s stock valued at $603,000 after buying an additional 106 shares in the last quarter. Finally, Heartwood Wealth Advisors LLC boosted its holdings in Union Pacific by 7.4% in the 2nd quarter. Heartwood Wealth Advisors LLC now owns 5,835 shares of the railroad operator’s stock worth $1,343,000 after buying an additional 400 shares during the period. Institutional investors own 80.38% of the company’s stock.

Analyst Ratings Changes

Several equities analysts have recently commented on UNP shares. Weiss Ratings restated a “hold (c+)” rating on shares of Union Pacific in a research report on Wednesday, October 8th. The Goldman Sachs Group set a $263.00 price target on Union Pacific and gave the stock a “neutral” rating in a research note on Thursday, October 23rd. TD Cowen reduced their price objective on shares of Union Pacific from $258.00 to $257.00 and set a “buy” rating on the stock in a research report on Friday, October 24th. JPMorgan Chase & Co. upped their target price on shares of Union Pacific from $267.00 to $270.00 and gave the stock a “neutral” rating in a research report on Monday. Finally, BMO Capital Markets set a $255.00 price target on shares of Union Pacific in a report on Wednesday, January 7th. One analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating and twelve have given a Hold rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $259.58.

Union Pacific Trading Up 0.5%

Shares of UNP opened at $229.55 on Tuesday. The stock has a market capitalization of $136.16 billion, a PE ratio of 19.50, a P/E/G ratio of 2.60 and a beta of 0.99. The company’s fifty day moving average is $229.96 and its 200 day moving average is $227.21. The company has a debt-to-equity ratio of 1.75, a quick ratio of 0.60 and a current ratio of 0.75. Union Pacific Corporation has a fifty-two week low of $204.66 and a fifty-two week high of $256.84.

Union Pacific (NYSE:UNP) last issued its quarterly earnings data on Thursday, October 23rd. The railroad operator reported $3.08 EPS for the quarter, topping analysts’ consensus estimates of $2.99 by $0.09. Union Pacific had a net margin of 28.73% and a return on equity of 42.23%. The business had revenue of $6.24 billion during the quarter, compared to analysts’ expectations of $6.24 billion. During the same period last year, the company posted $2.75 EPS. The business’s revenue was up 2.5% on a year-over-year basis. Sell-side analysts expect that Union Pacific Corporation will post 11.99 earnings per share for the current fiscal year.

Union Pacific Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, December 30th. Investors of record on Friday, December 5th were given a $1.38 dividend. The ex-dividend date was Friday, December 5th. This represents a $5.52 annualized dividend and a yield of 2.4%. Union Pacific’s dividend payout ratio (DPR) is currently 46.90%.

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.