Partners Group Holding AG Sells 27,451 Shares of Union Pacific Corporation $UNP

Partners Group Holding AG trimmed its stake in shares of Union Pacific Corporation (NYSE:UNP) by 12.8% in the third quarter, HoldingsChannel reports. The firm owned 186,701 shares of the railroad operator’s stock after selling 27,451 shares during the quarter. Union Pacific accounts for about 2.5% of Partners Group Holding AG’s holdings, making the stock its 13th largest holding. Partners Group Holding AG’s holdings in Union Pacific were worth $44,131,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also recently modified their holdings of the company. Howard Capital Management Group LLC lifted its stake in shares of Union Pacific by 2.0% during the 3rd quarter. Howard Capital Management Group LLC now owns 2,252 shares of the railroad operator’s stock worth $532,000 after buying an additional 45 shares during the last quarter. Prestige Wealth Management Group LLC raised its holdings in Union Pacific by 1.4% in the 3rd quarter. Prestige Wealth Management Group LLC now owns 3,186 shares of the railroad operator’s stock valued at $753,000 after acquiring an additional 45 shares during the period. Hanson & Doremus Investment Management lifted its position in Union Pacific by 2.5% during the third quarter. Hanson & Doremus Investment Management now owns 1,880 shares of the railroad operator’s stock worth $444,000 after acquiring an additional 46 shares during the last quarter. Silver Oak Securities Incorporated grew its position in shares of Union Pacific by 4.5% in the third quarter. Silver Oak Securities Incorporated now owns 1,065 shares of the railroad operator’s stock valued at $252,000 after purchasing an additional 46 shares during the last quarter. Finally, CFO4Life Group LLC increased its stake in shares of Union Pacific by 1.2% during the third quarter. CFO4Life Group LLC now owns 3,754 shares of the railroad operator’s stock worth $887,000 after purchasing an additional 46 shares during the period. 80.38% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

UNP has been the subject of several research reports. The Goldman Sachs Group reissued a “neutral” rating and set a $267.00 price target on shares of Union Pacific in a report on Tuesday, January 27th. BMO Capital Markets reiterated a “market perform” rating and set a $295.00 price objective on shares of Union Pacific in a research report on Thursday, February 19th. Susquehanna reissued a “buy” rating on shares of Union Pacific in a report on Monday, January 19th. Royal Bank Of Canada set a $280.00 target price on shares of Union Pacific in a research report on Thursday, December 18th. Finally, Citigroup reaffirmed a “buy” rating and set a $270.00 price target (up from $265.00) on shares of Union Pacific in a research report on Wednesday, January 28th. One research analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating and ten have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $260.14.

Union Pacific Stock Performance

UNP opened at $264.53 on Thursday. The company has a debt-to-equity ratio of 1.64, a quick ratio of 0.75 and a current ratio of 0.91. Union Pacific Corporation has a 52-week low of $204.66 and a 52-week high of $267.88. The firm has a market cap of $156.97 billion, a P/E ratio of 22.10, a price-to-earnings-growth ratio of 2.91 and a beta of 0.98. The business’s fifty day moving average is $240.85 and its 200-day moving average is $230.93.

Union Pacific (NYSE:UNP) 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). The firm had revenue of $6.09 billion for the quarter, compared to the consensus estimate of $6.15 billion. Union Pacific had a return on equity of 40.89% and a net margin of 29.12%.The company’s revenue for the quarter was down .6% compared to the same quarter last year. During the same period in the prior year, the company earned $2.91 EPS. Sell-side analysts expect that Union Pacific Corporation will post 11.99 EPS for the current fiscal year.

Union Pacific Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, March 31st. Shareholders of record on Friday, February 27th will be issued a $1.38 dividend. This represents a $5.52 dividend on an annualized basis and a dividend yield of 2.1%. The ex-dividend date of this dividend is Friday, February 27th. Union Pacific’s dividend payout ratio (DPR) is currently 46.12%.

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.