Tradewinds LLC. Makes New $555,000 Investment in Union Pacific Corporation $UNP

Tradewinds LLC. purchased a new position in shares of Union Pacific Corporation (NYSE:UNP) in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 2,350 shares of the railroad operator’s stock, valued at approximately $555,000.

Several other hedge funds also recently modified their holdings of UNP. Norges Bank bought a new stake in shares of Union Pacific during the second quarter worth about $1,856,340,000. Fisher Asset Management LLC grew its holdings in Union Pacific by 0.7% during the 2nd quarter. Fisher Asset Management LLC now owns 6,398,715 shares of the railroad operator’s stock worth $1,472,217,000 after acquiring an additional 46,436 shares during the last quarter. Amundi increased its position in Union Pacific by 35.6% in the 2nd quarter. Amundi now owns 4,782,577 shares of the railroad operator’s stock valued at $1,134,236,000 after acquiring an additional 1,255,231 shares during the period. Arrowstreet Capital Limited Partnership raised its stake in shares of Union Pacific by 32.8% during the second quarter. Arrowstreet Capital Limited Partnership now owns 3,152,042 shares of the railroad operator’s stock valued at $725,222,000 after acquiring an additional 778,411 shares during the last quarter. Finally, Laurel Wealth Advisors LLC raised its stake in shares of Union Pacific by 22,618.2% during the second quarter. Laurel Wealth Advisors LLC now owns 2,624,636 shares of the railroad operator’s stock valued at $603,876,000 after acquiring an additional 2,613,083 shares during the last quarter. Institutional investors and hedge funds own 80.38% of the company’s stock.

Union Pacific Stock Down 0.3%

Shares of Union Pacific stock opened at $229.75 on Monday. The stock’s 50-day moving average is $230.72 and its 200 day moving average is $227.08. Union Pacific Corporation has a one year low of $204.66 and a one year high of $256.84. The firm has a market cap of $136.28 billion, a price-to-earnings ratio of 19.52, a PEG ratio of 2.65 and a beta of 0.99. The company has a debt-to-equity ratio of 1.75, a current ratio of 0.75 and a quick ratio of 0.60.

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

Union Pacific Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, December 30th. Stockholders of record on Friday, December 5th were given a dividend of $1.38 per share. This represents a $5.52 dividend on an annualized basis and a dividend yield of 2.4%. The ex-dividend date of this dividend was Friday, December 5th. Union Pacific’s dividend payout ratio is 46.90%.

Wall Street Analyst Weigh In

A number of analysts recently weighed in on the company. BMO Capital Markets set a $255.00 price objective on Union Pacific in a report on Wednesday, January 7th. The Goldman Sachs Group set a $263.00 target price on Union Pacific and gave the stock a “neutral” rating in a report on Thursday, October 23rd. UBS Group set a $253.00 price target on Union Pacific and gave the company a “neutral” rating in a research note on Friday, October 3rd. JPMorgan Chase & Co. raised their price objective on Union Pacific from $267.00 to $270.00 and gave the stock a “neutral” rating in a research report on Monday, January 12th. Finally, Royal Bank Of Canada set a $280.00 target price on Union Pacific in a report on Thursday, December 18th. One research analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating and twelve have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, Union Pacific presently has an average rating of “Moderate Buy” and an average price target of $259.58.

Union Pacific 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.