Twin Capital Management Inc. Increases Stake in Union Pacific Corporation $UNP

Twin Capital Management Inc. boosted its holdings in shares of Union Pacific Corporation (NYSE:UNP) by 60.9% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 7,245 shares of the railroad operator’s stock after buying an additional 2,742 shares during the quarter. Twin Capital Management Inc.’s holdings in Union Pacific were worth $1,713,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of UNP. Acadian Asset Management LLC boosted its holdings in Union Pacific by 40.4% in the first quarter. Acadian Asset Management LLC now owns 2,312 shares of the railroad operator’s stock valued at $546,000 after purchasing an additional 665 shares during the period. Sax Wealth Advisors LLC raised its position in Union Pacific by 22.0% in the 2nd quarter. Sax Wealth Advisors LLC now owns 1,651 shares of the railroad operator’s stock valued at $380,000 after purchasing an additional 298 shares in the last quarter. Maryland State Retirement & Pension System raised its position in Union Pacific by 1.9% in the 2nd quarter. Maryland State Retirement & Pension System now owns 29,068 shares of the railroad operator’s stock valued at $6,688,000 after purchasing an additional 539 shares in the last quarter. Tectonic Advisors LLC boosted its stake in shares of Union Pacific by 5.3% in the 2nd quarter. Tectonic Advisors LLC now owns 4,484 shares of the railroad operator’s stock valued at $1,032,000 after buying an additional 224 shares during the period. Finally, Callan Family Office LLC grew its position in shares of Union Pacific by 75.6% during the second quarter. Callan Family Office LLC now owns 22,030 shares of the railroad operator’s stock worth $5,069,000 after buying an additional 9,484 shares in the last quarter. Institutional investors and hedge funds own 80.38% of the company’s stock.

Wall Street Analyst Weigh In

Several analysts recently weighed in on UNP shares. The Goldman Sachs Group reaffirmed a “neutral” rating and issued a $267.00 target price on shares of Union Pacific in a report on Tuesday, January 27th. BMO Capital Markets set a $255.00 price objective on shares of Union Pacific in a report on Wednesday, January 7th. Citigroup reiterated a “buy” rating and set a $270.00 target price (up previously from $265.00) on shares of Union Pacific in a research note on Wednesday, January 28th. Susquehanna restated a “buy” rating on shares of Union Pacific in a research note on Monday, January 19th. Finally, Royal Bank Of Canada set a $280.00 price target on Union Pacific in a report on Thursday, December 18th. One investment analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating and eleven have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $258.32.

Union Pacific Stock Performance

NYSE UNP opened at $252.92 on Friday. The company has a fifty day moving average of $233.86 and a two-hundred day moving average of $227.44. The company has a market capitalization of $150.02 billion, a PE ratio of 21.13, a P/E/G ratio of 2.74 and a beta of 0.98. Union Pacific Corporation has a 1 year low of $204.66 and a 1 year high of $253.29. 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 (NYSE:UNP) last posted its 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 firm had revenue of $6.09 billion for the quarter, compared to analyst estimates of $6.15 billion. Union Pacific had a return on equity of 40.89% and a net margin of 29.12%.The firm’s revenue for the quarter was down .6% on a year-over-year basis. During the same quarter last year, the firm posted $2.91 EPS. As a group, analysts expect that Union Pacific Corporation will post 11.99 earnings per share for the current year.

Union Pacific Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 31st. Stockholders of record on Friday, February 27th will be issued a $1.38 dividend. This represents a $5.52 annualized dividend and a dividend yield of 2.2%. The ex-dividend date of this dividend is Friday, February 27th. Union Pacific’s dividend payout ratio is presently 46.12%.

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.