Investors Towarzystwo Funduszy Inwestycyjnych Spolka Akcyjna lifted its stake in shares of Union Pacific Corporation (NYSE:UNP – Free Report) by 338.5% during the fourth quarter, Holdings Channel reports. The firm owned 5,701 shares of the railroad operator’s stock after purchasing an additional 4,401 shares during the quarter. Investors Towarzystwo Funduszy Inwestycyjnych Spolka Akcyjna’s holdings in Union Pacific were worth $1,319,000 at the end of the most recent quarter.
A number of other institutional investors and hedge funds also recently modified their holdings of UNP. Rachor Investment Advisory Services LLC acquired a new stake in shares of Union Pacific during the fourth quarter worth $25,000. Tucker Asset Management LLC acquired a new stake in shares of Union Pacific during the fourth quarter worth $25,000. High Point Wealth Management LLC purchased a new position in shares of Union Pacific during the fourth quarter valued at $26,000. Caitlin John LLC purchased a new position in shares of Union Pacific during the third quarter valued at $27,000. Finally, Saranac Partners Ltd purchased a new position in shares of Union Pacific during the third quarter valued at $27,000. 80.38% of the stock is owned by institutional investors and hedge funds.
Insider Buying and Selling at Union Pacific
In other Union Pacific news, EVP Eric J. Gehringer sold 2,991 shares of the business’s stock in a transaction dated Wednesday, June 3rd. The stock was sold at an average price of $263.96, for a total value of $789,504.36. Following the transaction, the executive vice president owned 43,012 shares in the company, valued at $11,353,447.52. The trade was a 6.50% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CFO Jennifer L. Hamann sold 2,000 shares of the business’s stock in a transaction dated Friday, April 24th. The shares were sold at an average price of $274.70, for a total value of $549,400.00. Following the completion of the transaction, the chief financial officer owned 114,642 shares in the company, valued at $31,492,157.40. This trade represents a 1.71% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 34,377 shares of company stock worth $9,251,221 over the last 90 days. 0.22% of the stock is currently owned by corporate insiders.
Wall Street Analysts Forecast Growth
Get Our Latest Report on Union Pacific
Union Pacific Stock Performance
Shares of NYSE UNP opened at $272.28 on Friday. The business’s 50-day moving average price is $259.32 and its two-hundred day moving average price is $247.03. The company has a debt-to-equity ratio of 1.53, a current ratio of 0.92 and a quick ratio of 0.73. Union Pacific Corporation has a one year low of $210.84 and a one year high of $279.70. The company has a market capitalization of $161.66 billion, a P/E ratio of 22.43, a price-to-earnings-growth ratio of 2.89 and a beta of 0.97.
Union Pacific (NYSE:UNP – Get Free Report) last issued its earnings results on Thursday, April 23rd. The railroad operator reported $2.93 EPS for the quarter, beating analysts’ consensus estimates of $2.86 by $0.07. Union Pacific had a return on equity of 39.58% and a net margin of 29.20%.The firm had revenue of $6.22 billion for the quarter, compared to the consensus estimate of $6.12 billion. During the same quarter in the previous year, the company posted $2.70 earnings per share. The business’s quarterly revenue was up 3.2% compared to the same quarter last year. Analysts anticipate that Union Pacific Corporation will post 12.53 earnings per share for the current fiscal year.
Union Pacific Announces Dividend
The company also recently announced a quarterly dividend, which will be paid on Tuesday, June 30th. Shareholders of record on Friday, May 29th will be paid a $1.38 dividend. The ex-dividend date is Friday, May 29th. This represents a $5.52 dividend on an annualized basis and a yield of 2.0%. Union Pacific’s payout ratio is 45.47%.
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.
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