Pacific Capital Partners Ltd Has $5.90 Million Holdings in Union Pacific Corporation $UNP

Pacific Capital Partners Ltd lifted its stake in shares of Union Pacific Corporation (NYSE:UNP) by 262.4% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 25,520 shares of the railroad operator’s stock after purchasing an additional 18,479 shares during the quarter. Union Pacific accounts for about 6.3% of Pacific Capital Partners Ltd’s portfolio, making the stock its 4th largest position. Pacific Capital Partners Ltd’s holdings in Union Pacific were worth $5,903,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also added to or reduced their stakes in UNP. Capital World Investors boosted its position 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 buying an additional 6,908,016 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its holdings in shares of Union Pacific by 72.7% during the third 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 buying an additional 3,861,636 shares in the last quarter. Capital Research Global Investors lifted its stake in shares of Union Pacific by 95.0% in the 3rd quarter. Capital Research Global Investors now owns 8,713,196 shares of the railroad operator’s stock valued at $2,059,538,000 after acquiring an additional 4,244,226 shares during the last quarter. Franklin Resources Inc. lifted its stake 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 acquiring an additional 1,139,926 shares during the last quarter. Finally, Northern Trust Corp boosted its holdings in shares of Union Pacific by 3.2% during the 3rd quarter. Northern Trust Corp now owns 6,881,628 shares of the railroad operator’s stock valued at $1,626,610,000 after acquiring an additional 210,184 shares in the last quarter. 80.38% of the stock is currently owned by institutional investors and hedge funds.

Union Pacific Stock Up 0.2%

Shares of NYSE:UNP opened at $239.30 on Tuesday. The firm has a market cap of $142.00 billion, a P/E ratio of 19.99, a P/E/G ratio of 2.61 and a beta of 0.95. Union Pacific Corporation has a 12-month low of $204.66 and a 12-month high of $268.14. The business has a fifty day simple moving average of $248.54 and a 200 day simple moving average of $235.36. The company has a quick ratio of 0.75, a current ratio of 0.91 and a debt-to-equity ratio of 1.64.

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

Union Pacific Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Tuesday, March 31st. Investors of record on Friday, February 27th will be issued a $1.38 dividend. The ex-dividend date is Friday, February 27th. This represents a $5.52 annualized dividend and a yield of 2.3%. Union Pacific’s dividend payout ratio is presently 46.12%.

Analysts Set New Price Targets

A number of brokerages recently weighed in on UNP. JPMorgan Chase & Co. lowered their target price on Union Pacific from $270.00 to $265.00 and set a “neutral” rating for the company in a report on Wednesday, January 28th. Raymond James Financial reissued a “strong-buy” rating on shares of Union Pacific in a research note on Tuesday, January 27th. Royal Bank Of Canada set a $280.00 price target on Union Pacific in a report on Thursday, December 18th. Citigroup reaffirmed a “buy” rating and issued a $270.00 price objective (up from $265.00) on shares of Union Pacific in a research note on Wednesday, January 28th. Finally, Susquehanna reiterated a “buy” rating on shares of Union Pacific in a report on Monday, January 19th. One analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and eight have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, Union Pacific presently has an average rating of “Moderate Buy” and an average target price of $264.86.

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.