Breton Hill Capital Ltd. Takes Position in Union Pacific Co. (UNP)

Breton Hill Capital Ltd. purchased a new position in shares of Union Pacific Co. (NYSE:UNP) during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 2,900 shares of the railroad operator’s stock, valued at approximately $307,000.

Several other hedge funds and other institutional investors also recently made changes to their positions in the stock. Dodge & Cox bought a new position in shares of Union Pacific during the fourth quarter worth about $1,452,729,000. Norges Bank bought a new position in shares of Union Pacific during the fourth quarter worth about $841,976,000. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main bought a new position in shares of Union Pacific during the fourth quarter worth about $247,486,000. Viking Global Investors LP bought a new position in shares of Union Pacific during the fourth quarter worth about $217,656,000. Finally, Asset Management One Co. Ltd. increased its position in shares of Union Pacific by 1,071.7% in the fourth quarter. Asset Management One Co. Ltd. now owns 1,654,349 shares of the railroad operator’s stock worth $171,617,000 after buying an additional 1,513,155 shares in the last quarter. Institutional investors and hedge funds own 79.43% of the company’s stock.

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

Shares of Union Pacific Co. (UNP) opened at 109.75 on Friday. Union Pacific Co. has a 12 month low of $81.96 and a 12 month high of $115.15. The firm has a market cap of $88.62 billion, a PE ratio of 20.98 and a beta of 0.71. The firm’s 50-day moving average price is $109.89 and its 200-day moving average price is $106.86.

Union Pacific (NYSE:UNP) last issued its quarterly earnings data on Thursday, April 27th. The railroad operator reported $1.32 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.23 by $0.09. The company had revenue of $5.13 billion for the quarter, compared to analyst estimates of $5.03 billion. Union Pacific had a return on equity of 20.88% and a net margin of 21.23%. The business’s quarterly revenue was up 6.3% compared to the same quarter last year. During the same quarter last year, the company posted $1.16 earnings per share. Analysts expect that Union Pacific Co. will post $5.74 earnings per share for the current year.

The company also recently disclosed a quarterly dividend, which will be paid on Friday, June 30th. Shareholders of record on Wednesday, May 31st will be issued a dividend of $0.605 per share. This represents a $2.42 annualized dividend and a dividend yield of 2.21%. The ex-dividend date of this dividend is Friday, May 26th. Union Pacific’s payout ratio is 47.64%.

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UNP has been the topic of a number of analyst reports. Royal Bank of Canada reiterated a “hold” rating and issued a $115.00 price target on shares of Union Pacific in a report on Friday, March 24th. Loop Capital reiterated a “hold” rating on shares of Union Pacific in a report on Saturday, March 25th. Credit Suisse Group AG reiterated a “buy” rating and issued a $123.00 price target on shares of Union Pacific in a report on Friday, March 24th. Wells Fargo & Co initiated coverage on Union Pacific in a report on Monday, March 13th. They issued a “market perform” rating and a $115.00 price target on the stock. Finally, Cowen and Company lifted their price target on Union Pacific from $109.00 to $117.00 and gave the company a “market perform” rating in a report on Friday, April 28th. One investment analyst has rated the stock with a sell rating, eleven have given a hold rating, eleven have given a buy rating and one has given a strong buy rating to the stock. The stock presently has a consensus rating of “Buy” and a consensus target price of $108.85.

Union Pacific Company Profile

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.

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