Union Pacific Co. (NYSE:UNP) Stake Raised by Corient Capital Partners LLC

Corient Capital Partners LLC increased its position in Union Pacific Co. (NYSE:UNP) by 14.9% during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 9,193 shares of the railroad operator’s stock after acquiring an additional 1,189 shares during the period. Corient Capital Partners LLC’s holdings in Union Pacific were worth $1,554,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. Camarda Financial Advisors LLC grew its holdings in Union Pacific by 673.7% during the 1st quarter. Camarda Financial Advisors LLC now owns 147 shares of the railroad operator’s stock valued at $25,000 after buying an additional 128 shares during the last quarter. Squar Milner Financial Services LLC grew its holdings in Union Pacific by 368.6% during the 1st quarter. Squar Milner Financial Services LLC now owns 164 shares of the railroad operator’s stock valued at $27,000 after buying an additional 129 shares during the last quarter. Mackey Komara & Dankovich LLC acquired a new stake in Union Pacific during the 1st quarter valued at $29,000. Joseph P. Lucia & Associates LLC acquired a new stake in Union Pacific during the 1st quarter valued at $30,000. Finally, Manchester Financial Inc. acquired a new stake in Union Pacific during the 2nd quarter valued at $39,000. Institutional investors and hedge funds own 78.35% of the company’s stock.

In related news, EVP Robert M. Knight, Jr. sold 8,620 shares of the stock in a transaction on Wednesday, July 31st. The stock was sold at an average price of $180.04, for a total value of $1,551,944.80. Following the transaction, the executive vice president now directly owns 94,943 shares of the company’s stock, valued at approximately $17,093,537.72. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Company insiders own 9.96% of the company’s stock.

A number of brokerages have commented on UNP. Morgan Stanley set a $140.00 target price on Union Pacific and gave the company a “sell” rating in a report on Friday, July 19th. UBS Group set a $201.00 target price on Union Pacific and gave the company a “buy” rating in a report on Friday, July 19th. Loop Capital increased their price target on Union Pacific to $191.00 in a research note on Friday, July 19th. Credit Suisse Group set a $203.00 price target on Union Pacific and gave the stock a “buy” rating in a research note on Friday, July 19th. Finally, Cowen reissued a “buy” rating and set a $184.00 price target on shares of Union Pacific in a research note on Thursday, July 18th. One analyst has rated the stock with a sell rating, nine have issued a hold rating and fourteen have assigned a buy rating to the company. The company presently has a consensus rating of “Buy” and a consensus target price of $183.62.

Shares of UNP traded up $4.26 during trading hours on Friday, hitting $171.97. The stock had a trading volume of 53,483 shares, compared to its average volume of 3,086,802. The company has a debt-to-equity ratio of 1.26, a quick ratio of 0.58 and a current ratio of 0.72. The firm has a market cap of $118.06 billion, a P/E ratio of 21.68, a P/E/G ratio of 1.87 and a beta of 1.06. The company’s fifty day simple moving average is $167.15 and its 200 day simple moving average is $169.40. Union Pacific Co. has a 12-month low of $128.08 and a 12-month high of $180.54.

Union Pacific (NYSE:UNP) last issued its earnings results on Thursday, July 18th. The railroad operator reported $2.22 earnings per share for the quarter, topping the consensus estimate of $2.12 by $0.10. The business had revenue of $5.60 billion for the quarter, compared to analyst estimates of $5.62 billion. Union Pacific had a return on equity of 31.74% and a net margin of 26.95%. The business’s quarterly revenue was down 1.3% on a year-over-year basis. During the same period last year, the company posted $1.98 EPS. As a group, sell-side analysts predict that Union Pacific Co. will post 8.95 earnings per share for the current fiscal year.

The company also recently announced a quarterly dividend, which will be paid on Monday, September 30th. Investors of record on Friday, August 30th will be given a $0.97 dividend. This is a positive change from Union Pacific’s previous quarterly dividend of $0.88. This represents a $3.88 annualized dividend and a dividend yield of 2.26%. The ex-dividend date is Thursday, August 29th. Union Pacific’s dividend payout ratio (DPR) is 49.05%.

Union Pacific Company Profile

Union Pacific Corporation, through its subsidiary, Union Pacific Railroad Company, engages in the railroad business in the United States. It offers transportation services for agricultural products, including grains, commodities produced from grains, fertilizers, and food and beverage products; coal and sand, as well as petroleum, liquid petroleum gases, and renewables; and construction products, industrial chemicals, plastics, forest products, specialized products, metals and ores, and soda ash, as well as intermodal and finished vehicles.

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Institutional Ownership by Quarter for Union Pacific (NYSE:UNP)

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