Focused Alpha LLC Makes New Investment in Union Pacific Corporation $UNP

Focused Alpha LLC acquired a new position in shares of Union Pacific Corporation (NYSE:UNP) in the 3rd quarter, HoldingsChannel reports. The institutional investor acquired 2,146 shares of the railroad operator’s stock, valued at approximately $584,000.

A number of other institutional investors and hedge funds have also recently modified their holdings of UNP. Capital Advisors Inc. OK raised its stake in Union Pacific by 1.8% in the second quarter. Capital Advisors Inc. OK now owns 1,888 shares of the railroad operator’s stock valued at $513,000 after buying an additional 34 shares in the last quarter. Tiemann Investment Advisors LLC boosted its position in shares of Union Pacific by 1.7% during the 2nd quarter. Tiemann Investment Advisors LLC now owns 2,117 shares of the railroad operator’s stock worth $576,000 after acquiring an additional 35 shares in the last quarter. Burford Brothers Inc. increased its holdings in shares of Union Pacific by 1.9% in the 2nd quarter. Burford Brothers Inc. now owns 1,877 shares of the railroad operator’s stock valued at $511,000 after acquiring an additional 35 shares during the last quarter. TFR Capital LLC. increased its holdings in shares of Union Pacific by 3.8% in the 2nd quarter. TFR Capital LLC. now owns 979 shares of the railroad operator’s stock valued at $266,000 after acquiring an additional 36 shares during the last quarter. Finally, Clark Wealth Partners raised its position in shares of Union Pacific by 37.4% during the 3rd quarter. Clark Wealth Partners now owns 136 shares of the railroad operator’s stock worth $37,000 after acquiring an additional 37 shares in the last quarter. Institutional investors and hedge funds own 80.38% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts recently issued reports on the company. Weiss Ratings raised Union Pacific from a “buy (b-)” rating to a “buy (b)” rating in a report on Friday, October 9th. Raymond James Financial set a $350.00 price objective on Union Pacific in a research note on Thursday. Susquehanna lowered their target price on shares of Union Pacific from $345.00 to $333.00 and set a “positive” rating on the stock in a report on Friday, October 2nd. TD Cowen reaffirmed a “buy” rating and issued a $325.00 price objective (up from $282.00) on shares of Union Pacific in a report on Friday, July 24th. Finally, Evercore reissued an “outperform” rating and set a $294.00 target price on shares of Union Pacific in a research note on Thursday, June 25th. Two analysts have rated the stock with a Strong Buy rating, fifteen have given a Buy rating and four have assigned a Hold rating to the stock. According to data from MarketBeat, Union Pacific presently has an average rating of “Moderate Buy” and an average target price of $325.00.

Union Pacific Stock Performance

NYSE UNP opened at $287.33 on Tuesday. The business has a 50 day moving average price of $287.63 and a 200 day moving average price of $277.18. The company has a market capitalization of $170.70 billion, a P/E ratio of 23.54, a PEG ratio of 2.87 and a beta of 0.95. Union Pacific Corporation has a 1-year low of $215.53 and a 1-year high of $315.99. The company has a debt-to-equity ratio of 1.40, a current ratio of 0.99 and a quick ratio of 0.82.

Union Pacific (NYSE:UNP) last posted its earnings results on Thursday, July 23rd. The railroad operator reported $3.41 EPS for the quarter, topping analysts’ consensus estimates of $3.26 by $0.15. The company had revenue of $6.86 billion for the quarter, compared to the consensus estimate of $6.72 billion. Union Pacific had a return on equity of 38.46% and a net margin of 28.85%. Union Pacific’s quarterly revenue was up 11.5% compared to the same quarter last year. During the same period in the previous year, the business earned $3.03 earnings per share. Sell-side analysts expect that Union Pacific Corporation will post 13.05 EPS for the current fiscal year.

Union Pacific Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, September 30th. Stockholders of record on Monday, August 31st were issued a dividend of $1.42 per share. This represents a $5.68 annualized dividend and a dividend yield of 2.0%. This is a positive change from Union Pacific’s previous quarterly dividend of $1.38. The ex-dividend date was Monday, August 31st. Union Pacific’s payout ratio is 45.99%.

About Union Pacific

Union Pacific Corporation (NYSE: UNP) is a transportation company that operates one of the largest freight railroad networks in the United States. Through its Union Pacific Railroad subsidiary, the company moves goods across the western two-thirds of the country, connecting major agricultural, industrial, energy, population and port markets.

Union Pacific transports a broad range of commodities and products, including agricultural goods, automotive shipments, chemicals, coal, industrial products, forest products and intermodal containers.