Park Place Capital Corp Decreases Stock Position in Union Pacific Co. (NYSE:UNP)

Park Place Capital Corp lessened its stake in shares of Union Pacific Co. (NYSE:UNP) by 6.5% during the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 4,662 shares of the railroad operator’s stock after selling 325 shares during the period. Park Place Capital Corp’s holdings in Union Pacific were worth $1,145,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of UNP. Moneta Group Investment Advisors LLC grew its position in shares of Union Pacific by 90,390.6% during the 4th quarter. Moneta Group Investment Advisors LLC now owns 13,697,556 shares of the railroad operator’s stock worth $2,836,353,000 after buying an additional 13,682,419 shares in the last quarter. Norges Bank purchased a new stake in Union Pacific in the fourth quarter valued at about $1,276,498,000. Clearbridge Investments LLC raised its stake in Union Pacific by 108.9% in the third quarter. Clearbridge Investments LLC now owns 4,128,575 shares of the railroad operator’s stock valued at $840,702,000 after buying an additional 2,151,893 shares during the last quarter. FMR LLC raised its stake in Union Pacific by 62.8% in the third quarter. FMR LLC now owns 5,496,708 shares of the railroad operator’s stock valued at $1,119,295,000 after buying an additional 2,119,382 shares during the last quarter. Finally, Arrowstreet Capital Limited Partnership raised its stake in Union Pacific by 638.3% in the first quarter. Arrowstreet Capital Limited Partnership now owns 2,014,327 shares of the railroad operator’s stock valued at $550,334,000 after buying an additional 1,741,490 shares during the last quarter. Institutional investors own 80.38% of the company’s stock.

Insider Transactions at Union Pacific

In other news, President Elizabeth F. Whited sold 3,750 shares of Union Pacific stock in a transaction that occurred on Thursday, February 15th. The stock was sold at an average price of $250.00, for a total value of $937,500.00. Following the sale, the president now directly owns 56,682 shares of the company’s stock, valued at $14,170,500. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Corporate insiders own 0.28% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities research analysts have commented on UNP shares. StockNews.com cut Union Pacific from a “buy” rating to a “hold” rating in a research note on Monday, March 18th. UBS Group raised their price objective on Union Pacific from $235.00 to $248.00 and gave the stock a “neutral” rating in a research note on Friday, January 26th. Benchmark restated a “buy” rating and issued a $260.00 price objective on shares of Union Pacific in a research note on Friday, January 26th. JPMorgan Chase & Co. reduced their price objective on Union Pacific from $239.00 to $237.00 and set a “neutral” rating for the company in a research note on Friday, January 26th. Finally, Sanford C. Bernstein upgraded Union Pacific from a “market perform” rating to an “outperform” rating and set a $280.00 price objective for the company in a research note on Monday, January 22nd. Seven analysts have rated the stock with a hold rating, twelve have assigned a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $251.33.

Union Pacific Stock Up 0.6 %

Shares of UNP opened at $242.03 on Friday. The company has a current ratio of 0.81, a quick ratio of 0.67 and a debt-to-equity ratio of 2.11. Union Pacific Co. has a 12 month low of $190.37 and a 12 month high of $258.66. The stock’s 50 day moving average is $247.93 and its two-hundred day moving average is $231.83. The firm has a market cap of $147.66 billion, a P/E ratio of 23.14, a PEG ratio of 2.62 and a beta of 1.07.

Union Pacific (NYSE:UNP) last issued its quarterly earnings results on Thursday, January 25th. The railroad operator reported $2.71 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.56 by $0.15. The firm had revenue of $6.16 billion for the quarter, compared to analyst estimates of $6.05 billion. Union Pacific had a return on equity of 46.87% and a net margin of 26.45%. The business’s revenue was down .3% on a year-over-year basis. During the same period in the previous year, the company posted $2.67 earnings per share. Analysts predict that Union Pacific Co. will post 10.94 earnings per share for the current fiscal year.

Union Pacific Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, March 29th. Stockholders of record on Thursday, February 29th were paid a $1.30 dividend. This represents a $5.20 dividend on an annualized basis and a dividend yield of 2.15%. The ex-dividend date was Wednesday, February 28th. Union Pacific’s dividend payout ratio is presently 49.71%.

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.