Graham Capital Management L.P. Acquires Shares of 9,500 Union Pacific Co. (UNP)

Graham Capital Management L.P. acquired a new stake in shares of Union Pacific Co. (NYSE:UNP) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 9,500 shares of the railroad operator’s stock, valued at approximately $985,000.

A number of other institutional investors also recently modified their holdings of the stock. Washington Trust Bank boosted its position in shares of Union Pacific by 8.6% in the third quarter. Washington Trust Bank now owns 7,294 shares of the railroad operator’s stock valued at $711,000 after buying an additional 580 shares during the period. West Oak Capital LLC boosted its position in shares of Union Pacific by 6.2% in the third quarter. West Oak Capital LLC now owns 1,094 shares of the railroad operator’s stock valued at $107,000 after buying an additional 64 shares during the period. Norman Fields Gottscho Capital Management LLC boosted its position in shares of Union Pacific by 1.0% in the third quarter. Norman Fields Gottscho Capital Management LLC now owns 51,958 shares of the railroad operator’s stock valued at $5,067,000 after buying an additional 500 shares during the period. Lenox Wealth Advisors Inc. boosted its position in shares of Union Pacific by 4.9% in the third quarter. Lenox Wealth Advisors Inc. now owns 1,167 shares of the railroad operator’s stock valued at $114,000 after buying an additional 55 shares during the period. Finally, Private Asset Management Inc. boosted its position in shares of Union Pacific by 0.6% in the third quarter. Private Asset Management Inc. now owns 26,288 shares of the railroad operator’s stock valued at $2,564,000 after buying an additional 160 shares during the period. 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. (NYSE:UNP) opened at 105.08 on Tuesday. The company has a 50-day moving average price of $107.80 and a 200-day moving average price of $100.98. Union Pacific Co. has a 52 week low of $77.29 and a 52 week high of $111.38. The company has a market capitalization of $85.51 billion, a PE ratio of 20.73 and a beta of 0.71.

Union Pacific (NYSE:UNP) last released its earnings results on Thursday, January 19th. The railroad operator reported $1.39 EPS for the quarter, topping analysts’ consensus estimates of $1.33 by $0.06. Union Pacific had a return on equity of 20.88% and a net margin of 21.23%. The firm had revenue of $5.20 billion for the quarter, compared to analysts’ expectations of $5.09 billion. During the same period in the prior year, the firm posted $1.31 earnings per share. The company’s quarterly revenue was down .8% on a year-over-year basis. Analysts predict that Union Pacific Co. will post $5.63 earnings per share for the current year.

The business also recently announced a quarterly dividend, which will be paid on Friday, March 31st. Stockholders of record on Tuesday, February 28th will be paid a $0.605 dividend. The ex-dividend date is Friday, February 24th. This represents a $2.42 dividend on an annualized basis and a dividend yield of 2.30%. Union Pacific’s dividend payout ratio is currently 47.64%.

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UNP has been the topic of several recent analyst reports. Vetr cut Union Pacific from a “hold” rating to a “sell” rating and set a $99.75 price objective on the stock. in a research note on Thursday, December 1st. Barclays PLC upgraded Union Pacific from an “equal weight” rating to an “overweight” rating and raised their price objective for the company from $104.00 to $122.00 in a research note on Monday, January 9th. Buckingham Research initiated coverage on Union Pacific in a research note on Wednesday, January 18th. They set a “neutral” rating and a $102.00 price objective on the stock. Cowen and Company dropped their price objective on Union Pacific from $109.00 to $98.00 and set a “market perform” rating on the stock in a research note on Friday, January 20th. Finally, Royal Bank of Canada raised their price objective on Union Pacific from $111.00 to $115.00 and gave the company a “sector perform” rating in a research note on Friday, January 20th. Two investment analysts have rated the stock with a sell rating, twelve have issued a hold rating, twelve have assigned a buy rating and one has issued a strong buy rating to the company. The stock has an average rating of “Hold” and an average target price of $104.24.

In other news, EVP Elizabeth F. Whited sold 1,000 shares of the stock in a transaction on Friday, March 10th. The stock was sold at an average price of $106.89, for a total value of $106,890.00. Following the sale, the executive vice president now directly owns 50,583 shares of the company’s stock, valued at $5,406,816.87. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, Director Andrew H. Card, Jr. sold 4,000 shares of the stock in a transaction on Wednesday, January 25th. The stock was sold at an average price of $109.53, for a total value of $438,120.00. Following the completion of the sale, the director now directly owns 22,400 shares in the company, valued at $2,453,472. The disclosure for this sale can be found here. Corporate insiders own 0.14% of the company’s stock.

About Union Pacific

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.

5 Day Chart for NYSE:UNP

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