Border to Coast Pensions Partnership Ltd Has $83.53 Million Stock Holdings in Union Pacific Corporation $UNP

Border to Coast Pensions Partnership Ltd boosted its stake in Union Pacific Corporation (NYSE:UNP) by 15.0% in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 353,366 shares of the railroad operator’s stock after buying an additional 46,099 shares during the quarter. Union Pacific makes up about 1.5% of Border to Coast Pensions Partnership Ltd’s holdings, making the stock its 15th biggest position. Border to Coast Pensions Partnership Ltd owned approximately 0.06% of Union Pacific worth $83,525,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also modified their holdings of UNP. Howard Capital Management Group LLC grew its stake in Union Pacific by 2.0% in the third quarter. Howard Capital Management Group LLC now owns 2,252 shares of the railroad operator’s stock valued at $532,000 after purchasing an additional 45 shares in the last quarter. St. Johns Investment Management Company LLC lifted its holdings in shares of Union Pacific by 1.6% during the 2nd quarter. St. Johns Investment Management Company LLC now owns 3,012 shares of the railroad operator’s stock valued at $693,000 after buying an additional 46 shares during the last quarter. Hanson & Doremus Investment Management grew its stake in shares of Union Pacific by 2.5% in the 3rd quarter. Hanson & Doremus Investment Management now owns 1,880 shares of the railroad operator’s stock valued at $444,000 after buying an additional 46 shares in the last quarter. Silver Oak Securities Incorporated grew its stake in shares of Union Pacific by 4.5% in the 3rd quarter. Silver Oak Securities Incorporated now owns 1,065 shares of the railroad operator’s stock valued at $252,000 after buying an additional 46 shares in the last quarter. Finally, Schubert & Co increased its holdings in Union Pacific by 1.9% in the second quarter. Schubert & Co now owns 2,511 shares of the railroad operator’s stock worth $578,000 after buying an additional 47 shares during the last quarter. 80.38% of the stock is currently owned by hedge funds and other institutional investors.

Union Pacific Stock Up 3.4%

Union Pacific stock opened at $249.78 on Thursday. 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 fifty-two week low of $204.66 and a fifty-two week high of $253.20. The firm has a fifty day moving average price of $233.05 and a two-hundred day moving average price of $227.08. The firm has a market cap of $148.16 billion, a price-to-earnings ratio of 20.87, a P/E/G ratio of 2.63 and a beta of 0.98.

Union Pacific (NYSE:UNP) last issued its quarterly earnings results 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 business had revenue of $6.09 billion during the quarter, compared to analyst estimates of $6.15 billion. Union Pacific had a net margin of 29.12% and a return on equity of 40.89%. The company’s revenue for the quarter was down .6% compared to the same quarter last year. During the same period in the prior year, the business posted $2.91 earnings per share. As a group, analysts forecast that Union Pacific Corporation will post 11.99 earnings per share for the current year.

Union Pacific Announces Dividend

The firm also recently declared 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 was Friday, December 5th. This represents a $5.52 dividend on an annualized basis and a dividend yield of 2.2%. Union Pacific’s payout ratio is 46.12%.

Wall Street Analysts Forecast Growth

A number of analysts have issued reports on the stock. The Goldman Sachs Group reiterated a “neutral” rating and issued a $267.00 target price on shares of Union Pacific in a research note on Tuesday, January 27th. BMO Capital Markets set a $255.00 price objective on shares of Union Pacific in a research note on Wednesday, January 7th. Citigroup reissued a “buy” rating and set a $270.00 target price (up from $265.00) on shares of Union Pacific in a research report on Wednesday, January 28th. Raymond James Financial restated a “strong-buy” rating on shares of Union Pacific in a report on Tuesday, January 27th. Finally, JPMorgan Chase & Co. decreased their price target on Union Pacific from $270.00 to $265.00 and set a “neutral” rating for the company in a research note on Wednesday, January 28th. One equities research analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and eleven have given a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $258.32.

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.