Sonen Capital LLC Makes New $236,000 Investment in Union Pacific Co. (NYSE:UNP)

Sonen Capital LLC bought a new position in shares of Union Pacific Co. (NYSE:UNP) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 962 shares of the railroad operator’s stock, valued at approximately $236,000.

Several other institutional investors and hedge funds have also recently modified their holdings of UNP. Wellington Management Group LLP raised its position in Union Pacific by 0.3% during the 3rd quarter. Wellington Management Group LLP now owns 7,261,449 shares of the railroad operator’s stock valued at $1,478,649,000 after purchasing an additional 19,145 shares in the last quarter. Northern Trust Corp raised its holdings in shares of Union Pacific by 4.4% in the third quarter. Northern Trust Corp now owns 6,803,796 shares of the railroad operator’s stock valued at $1,385,457,000 after acquiring an additional 285,988 shares in the last quarter. FMR LLC lifted its stake in Union Pacific by 62.8% in the third quarter. FMR LLC now owns 5,496,708 shares of the railroad operator’s stock worth $1,119,295,000 after acquiring an additional 2,119,382 shares during the period. Invesco Ltd. grew its holdings in Union Pacific by 18.8% during the 3rd quarter. Invesco Ltd. now owns 5,003,423 shares of the railroad operator’s stock worth $1,018,847,000 after acquiring an additional 792,896 shares in the last quarter. Finally, Clearbridge Investments LLC increased its position in Union Pacific by 108.9% during the 3rd quarter. Clearbridge Investments LLC now owns 4,128,575 shares of the railroad operator’s stock valued at $840,702,000 after purchasing an additional 2,151,893 shares during the period. Institutional investors own 80.38% of the company’s stock.

Analyst Upgrades and Downgrades

UNP has been the subject of several research reports. Stifel Nicolaus upped their price target on shares of Union Pacific from $231.00 to $248.00 and gave the stock a “hold” rating in a research report on Friday, April 12th. TD Cowen raised their price target on shares of Union Pacific from $252.00 to $258.00 and gave the stock a “buy” rating in a report on Friday. UBS Group raised their target price on Union Pacific from $235.00 to $248.00 and gave the stock a “neutral” rating in a research note on Friday, January 26th. Raymond James reiterated a “strong-buy” rating and set a $280.00 price target (up previously from $275.00) on shares of Union Pacific in a research note on Friday. Finally, Jefferies Financial Group started coverage on Union Pacific in a report on Monday, April 8th. They set a “hold” rating and a $250.00 target price for the company. Seven research analysts have rated the stock with a hold rating, thirteen have issued a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $258.78.

Insiders Place Their Bets

In other news, President Elizabeth F. Whited sold 3,750 shares of the firm’s stock in a transaction that occurred on Thursday, February 15th. The stock was sold at an average price of $250.00, for a total value of $937,500.00. Following the transaction, the president now owns 56,682 shares in the company, valued at $14,170,500. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. 0.28% of the stock is owned by company insiders.

Union Pacific Price Performance

NYSE:UNP opened at $242.79 on Friday. The company has a quick ratio of 0.67, a current ratio of 0.93 and a debt-to-equity ratio of 1.99. Union Pacific Co. has a 52 week low of $190.45 and a 52 week high of $258.66. The stock’s 50-day moving average price is $244.27 and its 200-day moving average price is $235.15. The stock has a market capitalization of $148.13 billion, a PE ratio of 23.17, a price-to-earnings-growth ratio of 2.62 and a beta of 1.07.

Union Pacific (NYSE:UNP) last issued its quarterly earnings data on Thursday, April 25th. The railroad operator reported $2.69 EPS for the quarter, beating the consensus estimate of $2.50 by $0.19. The company had revenue of $6.03 billion for the quarter, compared to analyst estimates of $5.97 billion. Union Pacific had a return on equity of 44.34% and a net margin of 26.52%. Union Pacific’s quarterly revenue was down .4% compared to the same quarter last year. During the same period last year, the company earned $2.67 earnings per share. As a group, equities analysts expect that Union Pacific Co. will post 11.08 EPS for the current fiscal year.

Union Pacific Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, March 29th. Investors of record on Thursday, February 29th were issued a $1.30 dividend. This represents a $5.20 annualized dividend and a yield of 2.14%. The ex-dividend date of this dividend was Wednesday, February 28th. Union Pacific’s payout ratio is presently 49.62%.

Union Pacific Profile

Union Pacific Corporation, through its subsidiary, Union Pacific Railroad Company, operates in the railroad business in the United States. The company offers transportation services for grain and grain products, fertilizers, food and refrigerated products, and coal and renewables to grain processors, animal feeders, ethanol producers, renewable biofuel producers, and other agricultural users; and construction products, industrial chemicals, plastics, forest products, specialized products, metals and ores, petroleum, liquid petroleum gases, soda ash, and sand, as well as finished automobiles, automotive parts, and merchandise in intermodal containers.