Skylands Capital LLC Decreases Holdings in Union Pacific Co. (NYSE:UNP)

Skylands Capital LLC decreased its stake in Union Pacific Co. (NYSE:UNP) by 4.9% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 468,150 shares of the railroad operator’s stock after selling 24,250 shares during the period. Union Pacific makes up 8.1% of Skylands Capital LLC’s investment portfolio, making the stock its largest holding. Skylands Capital LLC owned 0.06% of Union Pacific worth $62,779,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Vanguard Group Inc. raised its position in Union Pacific by 1.9% during the second quarter. Vanguard Group Inc. now owns 61,505,708 shares of the railroad operator’s stock worth $6,698,588,000 after acquiring an additional 1,146,109 shares during the last quarter. BlackRock Inc. raised its position in Union Pacific by 0.3% during the second quarter. BlackRock Inc. now owns 50,764,821 shares of the railroad operator’s stock worth $5,528,796,000 after acquiring an additional 141,521 shares during the last quarter. FMR LLC raised its position in Union Pacific by 84.6% during the second quarter. FMR LLC now owns 9,603,068 shares of the railroad operator’s stock worth $1,045,870,000 after acquiring an additional 4,399,980 shares during the last quarter. TIAA CREF Investment Management LLC raised its position in shares of Union Pacific by 0.6% in the second quarter. TIAA CREF Investment Management LLC now owns 7,948,391 shares of the railroad operator’s stock valued at $865,659,000 after buying an additional 46,298 shares during the last quarter. Finally, Capital World Investors raised its position in shares of Union Pacific by 0.7% in the second quarter. Capital World Investors now owns 7,328,002 shares of the railroad operator’s stock valued at $798,093,000 after buying an additional 50,000 shares during the last quarter. Hedge funds and other institutional investors own 78.28% of the company’s stock.

Shares of Union Pacific Co. (NYSE:UNP) opened at $133.19 on Thursday. The company has a debt-to-equity ratio of 0.65, a current ratio of 1.02 and a quick ratio of 0.97. Union Pacific Co. has a twelve month low of $101.06 and a twelve month high of $143.05. The stock has a market cap of $100,993.76, a P/E ratio of 9.85, a P/E/G ratio of 1.60 and a beta of 0.84.

Union Pacific (NYSE:UNP) last released its quarterly earnings data on Thursday, January 25th. The railroad operator reported $1.53 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.54 by ($0.01). Union Pacific had a return on equity of 22.26% and a net margin of 50.43%. The business had revenue of $5.45 billion for the quarter, compared to analysts’ expectations of $5.44 billion. During the same quarter in the prior year, the firm earned $1.39 earnings per share. Union Pacific’s quarterly revenue was up 5.5% compared to the same quarter last year. equities analysts anticipate that Union Pacific Co. will post 7.52 EPS for the current year.

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, March 30th. Shareholders of record on Wednesday, February 28th will be paid a dividend of $0.73 per share. This is an increase from Union Pacific’s previous quarterly dividend of $0.67. This represents a $2.92 annualized dividend and a yield of 2.19%. The ex-dividend date is Tuesday, February 27th. Union Pacific’s payout ratio is currently 19.67%.

A number of research firms have recently weighed in on UNP. Argus boosted their price objective on shares of Union Pacific from $130.00 to $155.00 and gave the company a “buy” rating in a research report on Thursday, February 1st. Citigroup raised shares of Union Pacific from a “neutral” rating to a “buy” rating in a research report on Wednesday. Robert W. Baird reissued a “hold” rating on shares of Union Pacific in a research report on Friday, January 26th. Morgan Stanley boosted their price objective on shares of Union Pacific from $105.00 to $125.00 and gave the company an “equal weight” rating in a research report on Friday, January 26th. Finally, Scotiabank reissued a “hold” rating and issued a $148.00 price objective on shares of Union Pacific in a research report on Thursday, January 25th. Three equities research analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and ten have given a buy rating to the stock. The company currently has a consensus rating of “Hold” and an average price target of $130.40.

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About Union Pacific

Union Pacific Corporation is a railroad operating company in the United States. The Company operates through its principal operating company, Union Pacific Railroad Company (UPRR). Its business mix includes Agricultural Products, Automotive, Chemicals, Coal, Industrial Products and Intermodal. Its freight traffic consists of bulk, manifest, and premium business.

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

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