Tradewinds LLC. Takes $555,000 Position in Union Pacific Corporation $UNP

Tradewinds LLC. bought a new position in shares of Union Pacific Corporation (NYSE:UNP) during the third quarter, Holdings Channel.com reports. The fund bought 2,350 shares of the railroad operator’s stock, valued at approximately $555,000.

Several other hedge funds have also bought and sold shares of the business. Howard Hughes Medical Institute bought a new position in shares of Union Pacific in the second quarter valued at $30,000. Financial Gravity Companies Inc. bought a new stake in shares of Union Pacific during the second quarter worth about $31,000. Total Investment Management Inc. acquired a new stake in shares of Union Pacific in the 2nd quarter worth about $31,000. Access Investment Management LLC bought a new position in Union Pacific in the 2nd quarter valued at about $32,000. Finally, Sagard Holdings Management Inc. acquired a new position in Union Pacific during the 2nd quarter valued at about $33,000. Institutional investors and hedge funds own 80.38% of the company’s stock.

Analysts Set New Price Targets

A number of research firms have recently weighed in on UNP. Citigroup set a $264.00 target price on Union Pacific and gave the company a “buy” rating in a report on Thursday, January 8th. TD Cowen cut their price objective on shares of Union Pacific from $258.00 to $257.00 and set a “buy” rating on the stock in a report on Friday, October 24th. The Goldman Sachs Group set a $263.00 target price on shares of Union Pacific and gave the company a “neutral” rating in a report on Thursday, October 23rd. Barclays restated 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. Finally, JPMorgan Chase & Co. increased their price objective on shares of Union Pacific from $267.00 to $270.00 and gave the company a “neutral” rating in a research note on Monday, January 12th. One analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and twelve have given a Hold rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $259.58.

Union Pacific Stock Performance

NYSE UNP opened at $229.75 on Monday. The company has a market capitalization of $136.28 billion, a PE ratio of 19.52, a price-to-earnings-growth ratio of 2.65 and a beta of 0.99. The company has a debt-to-equity ratio of 1.75, a quick ratio of 0.60 and a current ratio of 0.75. Union Pacific Corporation has a 52-week low of $204.66 and a 52-week high of $256.84. The company has a 50-day simple moving average of $230.72 and a 200 day simple moving average of $227.08.

Union Pacific (NYSE:UNP) last released its earnings results on Thursday, October 23rd. The railroad operator reported $3.08 earnings per share for the quarter, beating analysts’ consensus estimates of $2.99 by $0.09. The firm had revenue of $6.24 billion during the quarter, compared to the consensus estimate of $6.24 billion. Union Pacific had a net margin of 28.73% and a return on equity of 42.23%. The company’s revenue was up 2.5% compared to the same quarter last year. During the same period in the prior year, the firm earned $2.75 EPS. On average, research analysts predict that Union Pacific Corporation will post 11.99 EPS for the current year.

Union Pacific Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, December 30th. Shareholders of record on Friday, December 5th were paid a $1.38 dividend. The ex-dividend date was Friday, December 5th. This represents a $5.52 annualized dividend and a dividend yield of 2.4%. Union Pacific’s payout ratio is presently 46.90%.

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.