Top 5 Stock Picks of Charles Paquelet’s Skylands Capital

1. Union Pacific Corporation (NYSE:UNP)

Skylands Capital’s Stake Value: $60.2 million
Percentage of Skylands Capital’s 13F Portfolio: 7.43%
Number of Hedge Fund Holders: 69

Union Pacific Corporation (NYSE:UNP) is a transport holding company that operates over 8,300 locomotives through its subsidiary, Union Pacific Railroad Company. The second largest railroad company in the U.S, Union Pacific Corporation (NYSE:UNP) operates across 23 states.

On October 22, TD Securities analyst Cherilyn Radbourne raised the price target on Union Pacific Corporation (NYSE:UNP) to $245 from $240, and kept a Hold rating on the shares following the company’s Q3 earnings results.

According to the 13F filings for the third quarter of 2021, Skylands Capital reported holding 307,170 shares of Union Pacific Corporation (NYSE:UNP). These shares amount to more than $60.2 million, representing 7.43% of the investment firm’s portfolio value.

By the end of the second quarter of 2021, 69 hedge funds out of the 873 tracked by Insider Monkey held stakes in Union Pacific Corporation (NYSE:UNP) worth roughly $5.03 billion. This is compared to 75 hedge funds in the previous quarter with a total stake value of approximately $4.7 billion. Ken Fisher of Fisher Asset Management is among the leading stakeholders of the company.

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