Union Pacific Corporation $UNP Shares Bought by Levin Capital Strategies L.P.

Levin Capital Strategies L.P. boosted its stake in shares of Union Pacific Corporation (NYSE:UNP) by 12.3% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 101,631 shares of the railroad operator’s stock after buying an additional 11,114 shares during the quarter. Union Pacific accounts for about 2.2% of Levin Capital Strategies L.P.’s holdings, making the stock its 12th biggest holding. Levin Capital Strategies L.P.’s holdings in Union Pacific were worth $24,023,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also made changes to their positions in UNP. Howard Hughes Medical Institute purchased a new stake in Union Pacific during the second quarter worth about $30,000. Total Investment Management Inc. purchased a new stake in Union Pacific during the 2nd quarter worth approximately $31,000. Financial Gravity Companies Inc. acquired a new stake in Union Pacific during the 2nd quarter worth approximately $31,000. Access Investment Management LLC acquired a new stake in Union Pacific during the 2nd quarter worth approximately $32,000. Finally, Sagard Holdings Management Inc. acquired a new position in shares of Union Pacific in the second quarter worth $33,000. 80.38% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of analysts have recently weighed in on UNP shares. JPMorgan Chase & Co. reduced their price objective on Union Pacific from $270.00 to $265.00 and set a “neutral” rating on the stock in a research note on Wednesday, January 28th. The Goldman Sachs Group reaffirmed a “neutral” rating and issued a $267.00 price target on shares of Union Pacific in a research report on Tuesday, January 27th. TD Cowen lowered their price objective on Union Pacific from $257.00 to $255.00 and set a “buy” rating for the company in a research report on Wednesday, January 28th. 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. Finally, BMO Capital Markets set a $255.00 price target on shares of Union Pacific in a research note on Wednesday, January 7th. One equities research analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating and ten have given a Hold rating to the stock. Based on data from MarketBeat, Union Pacific currently has an average rating of “Moderate Buy” and an average price target of $258.32.

Union Pacific Stock Performance

NYSE UNP opened at $264.67 on Thursday. The company has a fifty day moving average of $238.15 and a two-hundred day moving average of $229.47. The company has a market capitalization of $157.05 billion, a PE ratio of 22.11, a P/E/G ratio of 2.87 and a beta of 0.98. Union Pacific Corporation has a 1 year low of $204.66 and a 1 year high of $265.37. The company has a debt-to-equity ratio of 1.64, a current ratio of 0.91 and a quick ratio of 0.75.

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). Union Pacific had a return on equity of 40.89% and a net margin of 29.12%.The firm had revenue of $6.09 billion for the quarter, compared to analyst estimates of $6.15 billion. During the same quarter last 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, 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 declared a quarterly dividend, which will be paid on Tuesday, March 31st. Shareholders of record on Friday, February 27th will be given a dividend of $1.38 per share. The ex-dividend date of this dividend is Friday, February 27th. This represents a $5.52 annualized dividend and a yield of 2.1%. Union Pacific’s payout ratio is 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.