Sage Capital Advisors llc Invests $3.98 Million in Union Pacific Co. (NYSE:UNP)

Sage Capital Advisors llc acquired a new position in shares of Union Pacific Co. (NYSE:UNP) in the third quarter, according to the company in its most recent disclosure with the SEC. The firm acquired 16,126 shares of the railroad operator’s stock, valued at approximately $3,975,000.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Richardson Capital Management LLC purchased a new stake in shares of Union Pacific in the 1st quarter valued at $26,000. Raleigh Capital Management Inc. grew its position in Union Pacific by 211.4% in the 4th quarter. Raleigh Capital Management Inc. now owns 109 shares of the railroad operator’s stock valued at $27,000 after acquiring an additional 74 shares in the last quarter. Cultivar Capital Inc. purchased a new stake in Union Pacific during the second quarter worth about $27,000. Strategic Investment Solutions Inc. IL acquired a new stake in shares of Union Pacific during the second quarter worth about $28,000. Finally, Scarborough Advisors LLC purchased a new position in shares of Union Pacific in the fourth quarter valued at approximately $29,000. Hedge funds and other institutional investors own 80.38% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts have issued reports on UNP shares. TD Cowen reduced their target price on shares of Union Pacific from $259.00 to $255.00 and set a “buy” rating on the stock in a report on Friday, July 26th. Stifel Nicolaus reduced their price objective on Union Pacific from $267.00 to $265.00 and set a “buy” rating on the stock in a research note on Wednesday, July 17th. Loop Capital cut Union Pacific from a “buy” rating to a “hold” rating and lowered their target price for the stock from $276.00 to $238.00 in a research note on Monday, June 17th. Benchmark reaffirmed a “buy” rating and issued a $266.00 price target on shares of Union Pacific in a research report on Monday, July 29th. Finally, Barclays lowered their price objective on Union Pacific from $290.00 to $280.00 and set an “overweight” rating for the company in a research report on Friday, July 26th. Eight analysts have rated the stock with a hold rating, eleven have given a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $259.32.

Union Pacific Stock Up 0.3 %

Union Pacific stock opened at $237.56 on Wednesday. The stock has a market capitalization of $144.72 billion, a price-to-earnings ratio of 22.67, a PEG ratio of 2.20 and a beta of 1.05. The company has a current ratio of 1.05, a quick ratio of 0.86 and a debt-to-equity ratio of 1.89. The stock has a 50 day moving average of $246.08 and a two-hundred day moving average of $238.68. Union Pacific Co. has a twelve month low of $199.97 and a twelve month 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 for the quarter, beating the consensus estimate of $2.71 by $0.03. The business had revenue of $6.01 billion for the quarter, compared to the consensus estimate of $6.05 billion. Union Pacific had a net margin of 26.90% and a return on equity of 42.62%. The business’s quarterly revenue was up .7% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $2.57 earnings per share. As a group, research analysts expect that Union Pacific Co. will post 11.1 earnings per share for the current year.

Union Pacific Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, September 30th. Stockholders of record on Friday, August 30th were paid a dividend of $1.34 per share. The ex-dividend date was Friday, August 30th. This is a boost from Union Pacific’s previous quarterly dividend of $1.30. This represents a $5.36 dividend on an annualized basis and a dividend yield of 2.26%. Union Pacific’s dividend payout ratio is 51.15%.

Insider Activity

In other news, President Elizabeth F. Whited sold 3,552 shares of Union Pacific stock in a transaction that occurred on Tuesday, July 30th. The shares were sold at an average price of $246.59, for a total transaction of $875,887.68. Following the completion of the sale, the president now directly owns 64,945 shares in the company, valued at approximately $16,014,787.55. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 0.28% of the company’s stock.

Union Pacific Company 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.