Sagefield Capital LP Has $6.86 Million Stock Position in Union Pacific Co. (NYSE:UNP)

Sagefield Capital LP grew its position in Union Pacific Co. (NYSE:UNP) by 5.1% in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 30,310 shares of the railroad operator’s stock after buying an additional 1,473 shares during the period. Sagefield Capital LP’s holdings in Union Pacific were worth $6,858,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in UNP. 9258 Wealth Management LLC grew its holdings in shares of Union Pacific by 2.1% in the 4th quarter. 9258 Wealth Management LLC now owns 3,124 shares of the railroad operator’s stock valued at $767,000 after buying an additional 65 shares during the period. Gryphon Financial Partners LLC boosted its stake in Union Pacific by 86.8% in the 4th quarter. Gryphon Financial Partners LLC now owns 2,589 shares of the railroad operator’s stock worth $594,000 after purchasing an additional 1,203 shares during the period. TrinityPoint Wealth LLC boosted its stake in Union Pacific by 6.9% in the 4th quarter. TrinityPoint Wealth LLC now owns 4,387 shares of the railroad operator’s stock worth $1,077,000 after purchasing an additional 282 shares during the period. Quest Partners LLC acquired a new position in Union Pacific in the 4th quarter worth $241,000. Finally, Congress Wealth Management LLC DE boosted its stake in Union Pacific by 3.1% in the 4th quarter. Congress Wealth Management LLC DE now owns 5,505 shares of the railroad operator’s stock worth $1,352,000 after purchasing an additional 166 shares during the period. Institutional investors and hedge funds own 80.38% of the company’s stock.

Insider Buying and Selling at Union Pacific

In other Union Pacific news, President Elizabeth F. Whited sold 3,552 shares of the stock in a transaction dated Tuesday, July 30th. The shares were sold at an average price of $246.59, for a total value of $875,887.68. Following the transaction, the president now directly owns 64,945 shares of the company’s stock, valued at approximately $16,014,787.55. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Insiders own 0.28% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities analysts recently weighed in on UNP shares. Susquehanna reduced their target price on shares of Union Pacific from $270.00 to $250.00 and set a “neutral” rating for the company in a research note on Tuesday, June 25th. Royal Bank of Canada reaffirmed an “outperform” rating and issued a $275.00 target price on shares of Union Pacific in a research note on Friday. Benchmark reaffirmed a “buy” rating and issued a $266.00 target price on shares of Union Pacific in a research note on Monday, July 29th. Wells Fargo & Company started coverage on shares of Union Pacific in a research note on Friday, June 7th. They set an “overweight” rating and a $270.00 price objective for the company. Finally, Barclays reduced their price objective on shares of Union Pacific from $290.00 to $280.00 and set an “overweight” rating for the company in a research note on Friday, July 26th. Seven research analysts have rated the stock with a hold rating, thirteen have assigned a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $258.79.

Union Pacific Stock Down 0.6 %

Shares of UNP stock opened at $244.00 on Tuesday. The company has a debt-to-equity ratio of 1.89, a quick ratio of 0.86 and a current ratio of 1.05. The firm’s 50-day moving average is $245.61 and its 200-day moving average is $238.95. The stock has a market cap of $148.87 billion, a price-to-earnings ratio of 23.28, a PEG ratio of 2.24 and a beta of 1.05. Union Pacific Co. has a 52-week low of $199.33 and a 52-week high of $258.66.

Union Pacific (NYSE:UNP) last issued its earnings results on Thursday, July 25th. The railroad operator reported $2.74 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.71 by $0.03. The company had revenue of $6.01 billion for the quarter, compared to analysts’ expectations of $6.05 billion. Union Pacific had a net margin of 26.90% and a return on equity of 42.62%. Union Pacific’s quarterly revenue was up .7% compared to the same quarter last year. During the same period in the prior year, the firm earned $2.57 EPS. Sell-side analysts predict that Union Pacific Co. will post 11.11 EPS for the current year.

Union Pacific Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, September 30th. Shareholders of record on Friday, August 30th will be issued a $1.34 dividend. This is a boost from Union Pacific’s previous quarterly dividend of $1.30. This represents a $5.36 annualized dividend and a yield of 2.20%. The ex-dividend date is Friday, August 30th. Union Pacific’s dividend payout ratio is currently 51.15%.

About Union Pacific

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.