Coldstream Capital Management Inc. Boosts Position in Union Pacific Corporation $UNP

Coldstream Capital Management Inc. boosted its position in Union Pacific Corporation (NYSE:UNP) by 13.3% during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 20,077 shares of the railroad operator’s stock after purchasing an additional 2,349 shares during the period. Coldstream Capital Management Inc.’s holdings in Union Pacific were worth $4,746,000 as of its most recent SEC filing.

Other large investors have also made changes to their positions in the company. Capital World Investors raised 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 worth $2,477,404,000 after acquiring an additional 6,908,016 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its position in shares of Union Pacific by 72.7% during the 3rd 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 valued at $2,169,168,000 after acquiring an additional 3,861,636 shares during the period. Capital Research Global Investors grew its position in shares of Union Pacific by 95.0% during 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 period. Norges Bank purchased a new stake in shares of Union Pacific in the 2nd quarter worth $1,856,340,000. Finally, Franklin Resources Inc. increased 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 worth $1,693,434,000 after purchasing an additional 1,139,926 shares in the last quarter. 80.38% of the stock is currently owned by institutional investors.

Union Pacific Price Performance

Shares of UNP stock opened at $236.44 on Thursday. The firm has a market capitalization of $140.30 billion, a P/E ratio of 19.75, a P/E/G ratio of 2.64 and a beta of 0.95. Union Pacific Corporation has a 52-week low of $204.66 and a 52-week high of $268.14. The company has a debt-to-equity ratio of 1.64, a quick ratio of 0.75 and a current ratio of 0.91. The stock has a 50 day moving average price of $247.08 and a 200 day moving average price of $234.19.

Union Pacific (NYSE:UNP) last announced its quarterly earnings results on Tuesday, January 27th. The railroad operator reported $2.86 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates 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 analysts’ expectations of $6.15 billion. During the same quarter in the previous year, the firm posted $2.91 EPS. The firm’s revenue for the quarter was down .6% on a year-over-year basis. As a group, sell-side analysts predict that Union Pacific Corporation will post 11.99 earnings per share for the current year.

Union Pacific Announces Dividend

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

Analysts Set New Price Targets

UNP has been the topic of a number of recent analyst reports. Citigroup restated a “buy” rating and set a $270.00 target price (up from $265.00) on shares of Union Pacific in a research note on Wednesday, January 28th. Deutsche Bank Aktiengesellschaft set a $245.00 target price on shares of Union Pacific in a report on Thursday, December 11th. Susquehanna reaffirmed a “buy” rating on shares of Union Pacific in a research note on Monday, January 19th. Robert W. Baird set a $311.00 price target on shares of Union Pacific and gave the company an “outperform” rating in a report on Friday, March 6th. Finally, JPMorgan Chase & Co. decreased their price target on shares of Union Pacific from $270.00 to $265.00 and set a “neutral” rating on the stock in a research note on Wednesday, January 28th. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and nine have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $263.77.

Union Pacific 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.