Third View Private Wealth LLC Takes Position in Union Pacific Corporation $UNP

Key Points

• Third View Private Wealth LLC purchased a new stake of 16,731 shares of Union Pacific (NYSE:UNP) in the fourth quarter, valued at about $3.87 million.
• Union Pacific slightly missed its most recent quarter—EPS $2.86 vs. $2.92 estimate and revenue $6.09B vs. $6.15B—but analysts still show a "Moderate Buy" consensus with an average target of $266.71.
• EVP Eric J. Gehringer sold 1,999 shares for roughly $469,625, the company pays a quarterly dividend of $1.38 (annualized $5.52, ~2.2% yield), and institutional investors own about 80.4% of the stock.

Third View Private Wealth LLC purchased a new stake in shares of Union Pacific Corporation (NYSE:UNP - Free Report) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 16,731 shares of the railroad operator's stock, valued at approximately $3,870,000.

Other institutional investors and hedge funds have also modified their holdings of the company. Caitlin John LLC purchased a new position in shares of Union Pacific during the third quarter valued at $27,000. Saranac Partners Ltd purchased a new position in shares of Union Pacific during the third quarter valued at $27,000. Total Investment Management Inc. purchased a new position in shares of Union Pacific during the second quarter valued at $31,000. Stephens Consulting LLC grew its holdings in shares of Union Pacific by 48.4% during the fourth quarter. Stephens Consulting LLC now owns 135 shares of the railroad operator's stock valued at $31,000 after buying an additional 44 shares in the last quarter. Finally, Beacon Financial Strategies CORP purchased a new position in shares of Union Pacific during the fourth quarter valued at $33,000. Hedge funds and other institutional investors own 80.38% of the company's stock.

Insider Buying and Selling at Union Pacific

In related news, EVP Eric J. Gehringer sold 1,999 shares of the business's stock in a transaction dated Friday, March 20th. The stock was sold at an average price of $234.93, for a total transaction of $469,625.07. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Corporate insiders own 0.22% of the company's stock.

Union Pacific Stock Performance

UNP opened at $251.26 on Tuesday. Union Pacific Corporation has a 52-week low of $206.63 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 company has a market cap of $149.09 billion, a PE ratio of 20.99, a price-to-earnings-growth ratio of 3.05 and a beta of 0.96. The stock has a 50-day moving average of $251.75 and a 200-day moving average of $237.10.

Union Pacific (NYSE:UNP - Get Free Report) last posted its quarterly earnings data 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 business had revenue of $6.09 billion for the quarter, compared to analyst estimates of $6.15 billion. During the same period in the prior year, the firm posted $2.91 EPS. Union Pacific's revenue for the quarter was down .6% on a year-over-year basis. As a group, equities research analysts forecast that Union Pacific Corporation will post 11.99 earnings per share for the current fiscal year.

Union Pacific Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, March 31st. Investors of record on Friday, February 27th were given a dividend of $1.38 per share. This represents a $5.52 annualized dividend and a dividend yield of 2.2%. The ex-dividend date of this dividend was Friday, February 27th. Union Pacific's payout ratio is currently 46.12%.

Wall Street Analysts Forecast Growth

A number of brokerages have recently weighed in on UNP. Evercore upgraded Union Pacific from an "in-line" rating to an "outperform" rating and set a $262.00 price target on the stock in a report on Thursday, March 19th. Barclays reiterated an "overweight" rating and set a $285.00 price target (up from $270.00) on shares of Union Pacific in a report on Tuesday, December 16th. BMO Capital Markets reiterated a "market perform" rating and set a $295.00 price target on shares of Union Pacific in a report on Thursday, February 19th. Raymond James Financial restated a "strong-buy" rating on shares of Union Pacific in a research note on Tuesday, January 27th. Finally, TD Cowen lowered their target price on Union Pacific from $257.00 to $255.00 and set a "buy" rating on the stock in a research note on Wednesday, January 28th. One analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and eight have given a Hold rating to the company. According to data from MarketBeat, Union Pacific presently has an average rating of "Moderate Buy" and a consensus target price of $266.71.

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.

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