25,511 Shares in Union Pacific Corporation $UNP Purchased by Element Capital Management LLC

Element Capital Management LLC bought a new position in shares of Union Pacific Corporation (NYSE:UNP) during the 3rd quarter, according to its most recent filing with the SEC. The institutional investor bought 25,511 shares of the railroad operator’s stock, valued at approximately $6,030,000. Union Pacific makes up 8.5% of Element Capital Management LLC’s portfolio, making the stock its 4th largest position.

A number of other institutional investors have also added to or reduced their stakes in UNP. Elevation Point Wealth Partners LLC raised its holdings in shares of Union Pacific by 2,577.9% in the 3rd quarter. Elevation Point Wealth Partners LLC now owns 13,443 shares of the railroad operator’s stock valued at $3,177,000 after purchasing an additional 12,941 shares in the last quarter. EagleClaw Capital Managment LLC lifted its position in shares of Union Pacific by 0.9% in the 3rd quarter. EagleClaw Capital Managment LLC now owns 33,115 shares of the railroad operator’s stock worth $7,827,000 after purchasing an additional 300 shares during the period. EdgePoint Investment Group Inc. bought a new position in shares of Union Pacific during the third quarter valued at approximately $408,592,000. Bollard Group LLC increased its holdings in Union Pacific by 5.4% during the third quarter. Bollard Group LLC now owns 23,018 shares of the railroad operator’s stock valued at $5,441,000 after buying an additional 1,183 shares during the period. Finally, CLG LLC increased its holdings in Union Pacific by 2.6% during the third quarter. CLG LLC now owns 5,567 shares of the railroad operator’s stock valued at $1,316,000 after buying an additional 141 shares during the period. Hedge funds and other institutional investors own 80.38% of the company’s stock.

Union Pacific Trading Down 0.8%

NYSE UNP opened at $242.22 on Friday. Union Pacific Corporation has a 52 week low of $204.66 and a 52 week high of $268.14. The company has a 50 day moving average price of $246.47 and a 200 day moving average price of $233.81. The company has a quick ratio of 0.75, a current ratio of 0.91 and a debt-to-equity ratio of 1.64. The firm has a market cap of $143.73 billion, a PE ratio of 20.24, a price-to-earnings-growth ratio of 2.65 and a beta of 0.95.

Union Pacific (NYSE:UNP) last announced its earnings results on Tuesday, January 27th. The railroad operator reported $2.86 earnings per share for the quarter, missing the consensus estimate of $2.92 by ($0.06). Union Pacific had a net margin of 29.12% and a return on equity of 40.89%. The firm had revenue of $6.09 billion during the quarter, compared to analyst estimates of $6.15 billion. During the same quarter last year, the business earned $2.91 earnings per share. Union Pacific’s revenue was down .6% on a year-over-year basis. As a group, sell-side analysts forecast that Union Pacific Corporation will post 11.99 EPS for the current fiscal year.

Union Pacific Announces Dividend

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

Analyst Ratings Changes

A number of analysts have weighed in on UNP shares. TD Cowen lowered their target price on Union Pacific from $257.00 to $255.00 and set a “buy” rating for the company in a report on Wednesday, January 28th. Raymond James Financial reiterated a “strong-buy” rating on shares of Union Pacific in a report on Tuesday, January 27th. The Goldman Sachs Group reissued a “neutral” rating and issued a $267.00 price target on shares of Union Pacific in a research report on Tuesday, January 27th. Robert W. Baird set a $311.00 price objective on Union Pacific and gave the stock an “outperform” rating in a research note on Friday, March 6th. Finally, Susquehanna reaffirmed a “buy” rating on shares of Union Pacific in a research report on Monday, January 19th. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating and nine have issued a Hold rating to the stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $263.77.

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.