Bridge Creek Capital Management LLC Increases Holdings in Union Pacific Co. (NYSE:UNP)

Bridge Creek Capital Management LLC raised its stake in shares of Union Pacific Co. (NYSE:UNP) by 0.7% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 17,141 shares of the railroad operator’s stock after acquiring an additional 120 shares during the period. Bridge Creek Capital Management LLC’s holdings in Union Pacific were worth $3,909,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Chesapeake Wealth Management lifted its holdings in shares of Union Pacific by 0.5% in the 2nd quarter. Chesapeake Wealth Management now owns 8,202 shares of the railroad operator’s stock valued at $1,856,000 after buying an additional 43 shares during the period. Traveka Wealth LLC lifted its holdings in shares of Union Pacific by 3.4% in the 3rd quarter. Traveka Wealth LLC now owns 1,357 shares of the railroad operator’s stock valued at $335,000 after buying an additional 45 shares during the period. Red Mountain Financial LLC lifted its holdings in shares of Union Pacific by 2.0% in the 3rd quarter. Red Mountain Financial LLC now owns 2,276 shares of the railroad operator’s stock valued at $561,000 after buying an additional 45 shares during the period. True Link Financial Advisors LLC lifted its holdings in shares of Union Pacific by 1.2% in the 3rd quarter. True Link Financial Advisors LLC now owns 4,016 shares of the railroad operator’s stock valued at $990,000 after buying an additional 47 shares during the period. Finally, Alpha Financial Partners LLC lifted its holdings in shares of Union Pacific by 3.6% in the 2nd quarter. Alpha Financial Partners LLC now owns 1,453 shares of the railroad operator’s stock valued at $329,000 after buying an additional 50 shares during the period. 80.38% of the stock is currently owned by hedge funds and other institutional investors.

Union Pacific Trading Up 0.8 %

NYSE:UNP traded up $1.69 during mid-day trading on Monday, hitting $226.90. The company had a trading volume of 1,140,744 shares, compared to its average volume of 2,368,456. Union Pacific Co. has a fifty-two week low of $218.55 and a fifty-two week high of $258.66. The company has a debt-to-equity ratio of 1.79, a quick ratio of 0.63 and a current ratio of 0.77. The firm has a market cap of $137.56 billion, a P/E ratio of 20.84, a P/E/G ratio of 2.33 and a beta of 1.06. The business’s fifty day moving average is $234.64 and its two-hundred day moving average is $238.83.

Union Pacific (NYSE:UNP) last posted its quarterly earnings results on Thursday, October 24th. The railroad operator reported $2.75 earnings per share for the quarter, missing the consensus estimate of $2.78 by ($0.03). Union Pacific had a return on equity of 41.79% and a net margin of 27.33%. The company had revenue of $6.09 billion for the quarter, compared to analyst estimates of $6.14 billion. During the same period last year, the firm earned $2.51 EPS. The firm’s revenue for the quarter was up 2.5% compared to the same quarter last year. As a group, research analysts expect that Union Pacific Co. will post 10.94 earnings per share for the current year.

Union Pacific Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, December 30th. Shareholders of record on Monday, December 9th were issued a $1.34 dividend. The ex-dividend date was Monday, December 9th. This represents a $5.36 dividend on an annualized basis and a yield of 2.36%. Union Pacific’s payout ratio is presently 49.22%.

Wall Street Analyst Weigh In

Several equities analysts recently issued reports on the company. JPMorgan Chase & Co. reduced their price objective on Union Pacific from $263.00 to $252.00 and set a “neutral” rating for the company in a report on Friday, October 25th. Evercore ISI cut Union Pacific from an “outperform” rating to an “inline” rating and reduced their price objective for the stock from $254.00 to $247.00 in a report on Wednesday, September 25th. BMO Capital Markets reduced their price objective on Union Pacific from $280.00 to $275.00 and set an “outperform” rating for the company in a report on Friday, September 20th. StockNews.com cut Union Pacific from a “buy” rating to a “hold” rating in a report on Tuesday, October 1st. Finally, Susquehanna reduced their price objective on Union Pacific from $260.00 to $255.00 and set a “neutral” rating for the company in a report on Friday, October 25th. Nine equities research 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 company. According to MarketBeat, Union Pacific currently has a consensus rating of “Moderate Buy” and a consensus price target of $259.80.

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.