Bridge Creek Capital Management LLC Trims Position in Union Pacific Co. (NYSE:UNP)

Bridge Creek Capital Management LLC lowered its stake in shares of Union Pacific Co. (NYSE:UNPFree Report) by 1.7% during the first quarter, HoldingsChannel.com reports. The institutional investor owned 16,976 shares of the railroad operator’s stock after selling 295 shares during the period. Union Pacific makes up about 1.3% of Bridge Creek Capital Management LLC’s investment portfolio, making the stock its 29th largest position. Bridge Creek Capital Management LLC’s holdings in Union Pacific were worth $4,175,000 at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. OLD Point Trust & Financial Services N A acquired a new position in shares of Union Pacific in the fourth quarter valued at approximately $25,000. Raleigh Capital Management Inc. raised its position in Union Pacific by 211.4% during the 4th quarter. Raleigh Capital Management Inc. now owns 109 shares of the railroad operator’s stock worth $27,000 after buying an additional 74 shares during the last quarter. Valued Wealth Advisors LLC acquired a new stake in shares of Union Pacific in the 4th quarter worth $28,000. Scarborough Advisors LLC purchased a new stake in shares of Union Pacific in the fourth quarter valued at about $29,000. Finally, Transcendent Capital Group LLC acquired a new position in shares of Union Pacific during the fourth quarter worth about $34,000. Institutional investors and hedge funds own 80.38% of the company’s stock.

Analysts Set New Price Targets

A number of equities research analysts have weighed in on UNP shares. StockNews.com lowered Union Pacific from a “buy” rating to a “hold” rating in a report on Tuesday, June 18th. Evercore ISI lifted their price target on Union Pacific from $271.00 to $273.00 and gave the company an “outperform” rating in a research note on Friday, April 26th. Raymond James reaffirmed a “strong-buy” rating and set a $280.00 price objective (up previously from $275.00) on shares of Union Pacific in a report on Friday, April 26th. Loop Capital downgraded Union Pacific from a “buy” rating to a “hold” rating and reduced their target price for the company from $276.00 to $238.00 in a report on Monday, June 17th. Finally, The Goldman Sachs Group upped their price target on shares of Union Pacific from $248.00 to $274.00 and gave the stock a “buy” rating in a research note on Thursday, April 11th. Eight equities research analysts have rated the stock with a hold rating, thirteen have issued a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $259.75.

View Our Latest Analysis on Union Pacific

Union Pacific Price Performance

NYSE:UNP traded up $0.94 during trading hours on Friday, reaching $226.11. 3,322,635 shares of the company traded hands, compared to its average volume of 2,332,767. The company has a debt-to-equity ratio of 1.99, a current ratio of 0.93 and a quick ratio of 0.76. Union Pacific Co. has a 1-year low of $199.06 and a 1-year high of $258.66. The firm’s 50-day moving average is $233.96 and its 200-day moving average is $240.60. The stock has a market cap of $137.95 billion, a P/E ratio of 21.58, a P/E/G ratio of 1.83 and a beta of 1.05.

Union Pacific (NYSE:UNPGet Free Report) last posted its quarterly earnings data on Thursday, April 25th. The railroad operator reported $2.69 EPS for the quarter, topping analysts’ consensus estimates of $2.50 by $0.19. The firm had revenue of $6.03 billion during the quarter, compared to analysts’ expectations of $5.97 billion. Union Pacific had a return on equity of 44.34% and a net margin of 26.52%. The firm’s quarterly revenue was down .4% compared to the same quarter last year. During the same quarter last year, the business posted $2.67 EPS. Equities research analysts expect that Union Pacific Co. will post 11.25 earnings per share for the current fiscal year.

Union Pacific Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, June 28th. Investors of record on Friday, May 31st will be paid a dividend of $1.30 per share. This represents a $5.20 annualized dividend and a dividend yield of 2.30%. The ex-dividend date is Friday, May 31st. Union Pacific’s payout ratio is 49.62%.

Union Pacific Profile

(Free Report)

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.

Further Reading

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

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