Northcape Wealth Management LLC Invests $2.79 Million in Union Pacific Corporation $UNP

Northcape Wealth Management LLC bought a new stake in Union Pacific Corporation (NYSE:UNP) during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 11,811 shares of the railroad operator’s stock, valued at approximately $2,792,000.

Other large investors have also recently bought and sold shares of the company. Mutual Advisors LLC increased its position in Union Pacific by 2.2% during the third quarter. Mutual Advisors LLC now owns 8,454 shares of the railroad operator’s stock worth $1,860,000 after buying an additional 184 shares in the last quarter. Uptick Partners LLC boosted its stake in shares of Union Pacific by 1.8% during the third quarter. Uptick Partners LLC now owns 2,781 shares of the railroad operator’s stock valued at $657,000 after acquiring an additional 48 shares during the last quarter. Transcend Capital Advisors LLC boosted its stake in shares of Union Pacific by 1.5% during the third quarter. Transcend Capital Advisors LLC now owns 13,093 shares of the railroad operator’s stock valued at $3,095,000 after acquiring an additional 191 shares during the last quarter. Thrivent Financial for Lutherans increased its position in Union Pacific by 15.1% during the 3rd quarter. Thrivent Financial for Lutherans now owns 135,188 shares of the railroad operator’s stock worth $31,955,000 after purchasing an additional 17,696 shares in the last quarter. Finally, Victrix Investment Advisors raised its stake in Union Pacific by 4.8% in the 3rd quarter. Victrix Investment Advisors now owns 1,264 shares of the railroad operator’s stock valued at $299,000 after purchasing an additional 58 shares during the last quarter. Institutional investors and hedge funds own 80.38% of the company’s stock.

Analysts Set New Price Targets

Several research firms have issued reports on UNP. Barclays reaffirmed an “overweight” rating and set a $285.00 price target (up from $270.00) on shares of Union Pacific in a research note on Tuesday, December 16th. The Goldman Sachs Group restated a “neutral” rating and set a $267.00 target price on shares of Union Pacific in a research report on Tuesday. Susquehanna reiterated a “buy” rating on shares of Union Pacific in a report on Monday, January 19th. TD Cowen reduced their price target on Union Pacific from $257.00 to $255.00 and set a “buy” rating on the stock in a research note on Wednesday. Finally, Citigroup reaffirmed a “buy” rating and issued a $270.00 price objective (up previously from $265.00) on shares of Union Pacific in a research report on Wednesday. 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 stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $258.32.

Union Pacific Stock Up 0.7%

Shares of NYSE UNP opened at $235.14 on Friday. The stock has a market capitalization of $139.48 billion, a PE ratio of 19.64, a P/E/G ratio of 2.57 and a beta of 0.99. The company has a quick ratio of 0.60, a current ratio of 0.91 and a debt-to-equity ratio of 1.64. The firm has a fifty day moving average of $232.21 and a 200-day moving average of $226.78. Union Pacific Corporation has a 52-week low of $204.66 and a 52-week high of $253.20.

Union Pacific (NYSE:UNP) last issued 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 return on equity of 40.89% and a net margin of 29.12%.The firm had revenue of $6.09 billion during the quarter, compared to analysts’ expectations of $6.15 billion. During the same period last year, the business posted $2.91 earnings per share. The company’s quarterly revenue was down .6% compared to the same quarter last year. On average, 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 paid a $1.38 dividend. This represents a $5.52 annualized dividend and a dividend yield of 2.3%. The ex-dividend date of this dividend was Friday, December 5th. Union Pacific’s payout ratio is currently 46.12%.

About Union Pacific

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.