Bourgeon Capital Management LLC Invests $6.05 Million in Union Pacific Corporation $UNP

Bourgeon Capital Management LLC acquired a new stake in Union Pacific Corporation (NYSE:UNP) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 26,140 shares of the railroad operator’s stock, valued at approximately $6,047,000.

Several other hedge funds and other institutional investors have also made changes to their positions in UNP. Capital World Investors boosted its holdings 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 purchasing an additional 6,908,016 shares in the last quarter. Capital Research Global Investors raised its holdings in Union Pacific by 95.0% during the third quarter. Capital Research Global Investors now owns 8,713,196 shares of the railroad operator’s stock worth $2,059,538,000 after purchasing an additional 4,244,226 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted 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 worth $2,169,168,000 after buying an additional 3,861,636 shares during the last quarter. EdgePoint Investment Group Inc. purchased a new stake in shares of Union Pacific during the 3rd quarter worth approximately $408,592,000. Finally, Baupost Group LLC MA acquired a new position in shares of Union Pacific in the 3rd quarter valued at $353,658,000. Institutional investors and hedge funds own 80.38% of the company’s stock.

Union Pacific Stock Performance

NYSE:UNP opened at $242.55 on Wednesday. The company has a debt-to-equity ratio of 1.64, a current ratio of 0.91 and a quick ratio of 0.75. The firm has a market cap of $143.93 billion, a price-to-earnings ratio of 20.26, a price-to-earnings-growth ratio of 2.61 and a beta of 0.95. The firm’s fifty day moving average price is $248.96 and its 200 day moving average price is $235.56. Union Pacific Corporation has a 1-year low of $204.66 and a 1-year high of $268.14.

Union Pacific (NYSE:UNP) last announced its quarterly earnings data 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 analysts’ expectations of $6.15 billion. Union Pacific had a return on equity of 40.89% and a net margin of 29.12%.The firm’s quarterly revenue was down .6% compared to the same quarter last year. During the same quarter in the previous year, the company posted $2.91 EPS. On average, sell-side analysts expect 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, March 31st. Investors of record on Friday, February 27th were given a $1.38 dividend. The ex-dividend date was Friday, February 27th. This represents a $5.52 dividend on an annualized basis and a yield of 2.3%. Union Pacific’s dividend payout ratio (DPR) is presently 46.12%.

Analyst Ratings Changes

A number of research analysts recently commented on UNP shares. Evercore raised shares of Union Pacific from an “in-line” rating to an “outperform” rating and set a $262.00 target price on the stock in a research report on Thursday, March 19th. Weiss Ratings raised shares of Union Pacific from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Friday, February 6th. Deutsche Bank Aktiengesellschaft set a $245.00 price objective on shares of Union Pacific in a research note on Thursday, December 11th. Barclays reiterated an “overweight” rating and set a $285.00 target price (up from $270.00) on shares of Union Pacific in a research report on Tuesday, December 16th. Finally, Royal Bank Of Canada set a $280.00 target price on Union Pacific in a report on Thursday, December 18th. One equities research analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and eight have given a Hold rating to the stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $265.18.

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.