Freestone Capital Holdings LLC Has $14.19 Million Stock Position in Union Pacific Corporation $UNP

Freestone Capital Holdings LLC reduced its position in shares of Union Pacific Corporation (NYSE:UNP) by 24.6% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 61,340 shares of the railroad operator’s stock after selling 19,971 shares during the period. Freestone Capital Holdings LLC’s holdings in Union Pacific were worth $14,189,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Caitlin John LLC purchased a new position in Union Pacific during the third quarter worth about $27,000. Saranac Partners Ltd purchased a new position in Union Pacific during the third quarter worth about $27,000. Total Investment Management Inc. purchased a new position in Union Pacific during the second quarter worth about $31,000. Stephens Consulting LLC boosted its holdings in Union Pacific by 48.4% during the fourth quarter. Stephens Consulting LLC now owns 135 shares of the railroad operator’s stock worth $31,000 after purchasing an additional 44 shares during the last quarter. Finally, Beacon Financial Strategies CORP purchased a new position in Union Pacific during the fourth quarter worth about $33,000. 80.38% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several research analysts recently weighed in on the stock. The Goldman Sachs Group restated a “neutral” rating and set a $267.00 price target on shares of Union Pacific in a report on Tuesday, January 27th. Barclays restated an “overweight” rating and set a $285.00 price target (up from $270.00) on shares of Union Pacific in a report on Tuesday, December 16th. BMO Capital Markets restated a “market perform” rating and set a $295.00 price target on shares of Union Pacific in a report on Thursday, February 19th. Evercore upgraded shares of Union Pacific from an “in-line” rating to an “outperform” rating and set a $262.00 price target on the stock in a report on Thursday, March 19th. Finally, JPMorgan Chase & Co. cut their price target on shares of Union Pacific from $270.00 to $265.00 and set a “neutral” rating on the stock in a report on Wednesday, January 28th. One analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and eight have assigned a Hold rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $266.71.

Union Pacific Stock Performance

Shares of UNP stock opened at $251.26 on Tuesday. The firm has a market cap of $149.09 billion, a price-to-earnings ratio of 20.99, a P/E/G ratio of 3.05 and a beta of 0.96. The company has a debt-to-equity ratio of 1.64, a quick ratio of 0.75 and a current ratio of 0.91. Union Pacific Corporation has a 52 week low of $206.63 and a 52 week high of $268.14. The firm’s 50-day simple moving average is $251.75 and its two-hundred day simple moving average is $237.10.

Union Pacific (NYSE:UNP) last announced its quarterly earnings data on Tuesday, January 27th. The railroad operator reported $2.86 EPS for the quarter, missing the consensus estimate of $2.92 by ($0.06). The company had revenue of $6.09 billion during the quarter, compared to the consensus estimate of $6.15 billion. Union Pacific had a return on equity of 40.89% and a net margin of 29.12%.The business’s revenue was down .6% on a year-over-year basis. During the same period in the prior year, the firm posted $2.91 EPS. As a group, equities analysts forecast that Union Pacific Corporation will post 11.99 earnings per share for the current year.

Union Pacific Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, March 31st. Shareholders of record on Friday, February 27th were given a $1.38 dividend. The ex-dividend date of this dividend was Friday, February 27th. This represents a $5.52 annualized dividend and a yield of 2.2%. Union Pacific’s payout ratio is currently 46.12%.

Insider Buying and Selling

In other Union Pacific news, EVP Eric J. Gehringer sold 1,999 shares of Union Pacific stock in a transaction dated Friday, March 20th. The shares were sold at an average price of $234.93, for a total value of $469,625.07. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Corporate insiders own 0.22% of the company’s stock.

Union Pacific Profile

Union Pacific Corporation (NYSE: UNP) is one of the largest freight railroad companies in the United States. Its principal operating subsidiary, Union Pacific Railroad, has roots that trace back to the Pacific Railway Act of 1862 and the construction of the first transcontinental rail link completed in 1869. The company is headquartered in Omaha, Nebraska, and operates as a holding company for rail transportation and related services.

Union Pacific’s core business is the movement of freight by rail across an extensive rail network serving the western two‑thirds of the United States.