Berkeley Capital Partners LLC Has $1.04 Million Holdings in Union Pacific Corporation $UNP

Berkeley Capital Partners LLC boosted its position in Union Pacific Corporation (NYSE:UNP) by 294.6% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 4,510 shares of the railroad operator’s stock after acquiring an additional 3,367 shares during the quarter. Berkeley Capital Partners LLC’s holdings in Union Pacific were worth $1,043,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also bought and sold shares of the company. Allworth Financial LP grew its stake in Union Pacific by 25.5% in the 4th quarter. Allworth Financial LP now owns 66,613 shares of the railroad operator’s stock valued at $15,409,000 after buying an additional 13,548 shares during the last quarter. Navalign LLC grew its stake in Union Pacific by 2.9% in the 4th quarter. Navalign LLC now owns 6,007 shares of the railroad operator’s stock valued at $1,389,000 after buying an additional 168 shares during the last quarter. Strategic Family Wealth Counselors L.L.C. grew its stake in Union Pacific by 9.0% in the 4th quarter. Strategic Family Wealth Counselors L.L.C. now owns 2,570 shares of the railroad operator’s stock valued at $570,000 after buying an additional 213 shares during the last quarter. Biltmore Family Office LLC grew its position in Union Pacific by 3.6% in the 4th quarter. Biltmore Family Office LLC now owns 9,789 shares of the railroad operator’s stock worth $2,264,000 after purchasing an additional 336 shares during the last quarter. Finally, Pacer Advisors Inc. grew its position in Union Pacific by 33.4% in the 4th quarter. Pacer Advisors Inc. now owns 136,549 shares of the railroad operator’s stock worth $31,587,000 after purchasing an additional 34,155 shares during the last quarter. 80.38% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at Union Pacific

In other news, EVP Kenyatta G. Rocker sold 27,387 shares of the firm’s stock in a transaction dated Friday, April 24th. The shares were sold at an average price of $271.76, for a total transaction of $7,442,691.12. Following the completion of the transaction, the executive vice president directly owned 61,102 shares of the company’s stock, valued at approximately $16,605,079.52. This trade represents a 30.95% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, 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 transaction of $469,625.07. The disclosure for this sale is available in the SEC filing. In the last three months, insiders sold 31,386 shares of company stock valued at $8,461,716. Company insiders own 0.22% of the company’s stock.

Wall Street Analyst Weigh In

Several analysts have issued reports on UNP shares. Raymond James Financial set a $310.00 price target on shares of Union Pacific in a research report on Friday, April 24th. The Goldman Sachs Group restated a “neutral” rating and issued a $267.00 price target on shares of Union Pacific in a research report on Tuesday, January 27th. Weiss Ratings upgraded shares of Union Pacific from a “buy (b-)” rating to a “buy (b)” rating in a research report on Tuesday, April 21st. Wells Fargo & Company restated an “overweight” rating and issued a $300.00 price target (up from $260.00) on shares of Union Pacific in a research report on Friday, April 24th. Finally, Robert W. Baird set a $311.00 price target on shares of Union Pacific and gave the stock an “outperform” rating in a research report on Friday, March 6th. One analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and eight have given a Hold rating to the stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $279.55.

Union Pacific Price Performance

NYSE:UNP opened at $264.45 on Thursday. The company has a 50-day moving average of $252.13 and a 200-day moving average of $241.49. The company has a market capitalization of $157.00 billion, a price-to-earnings ratio of 21.78, a PEG ratio of 2.82 and a beta of 0.99. Union Pacific Corporation has a 52 week low of $210.84 and a 52 week high of $274.79. The company has a debt-to-equity ratio of 1.53, a quick ratio of 0.73 and a current ratio of 0.92.

Union Pacific (NYSE:UNP) last released its quarterly earnings data on Thursday, April 23rd. The railroad operator reported $2.93 EPS for the quarter, topping analysts’ consensus estimates of $2.86 by $0.07. The company had revenue of $6.22 billion during the quarter, compared to the consensus estimate of $6.12 billion. Union Pacific had a net margin of 29.20% and a return on equity of 39.58%. The firm’s revenue for the quarter was up 3.2% compared to the same quarter last year. During the same period last year, the firm earned $2.70 EPS. As a group, equities research analysts anticipate that Union Pacific Corporation will post 12.53 earnings per share for the current fiscal year.

Union Pacific Company 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.