Fort Washington Investment Advisors Inc. OH Acquires 8,494 Shares of Union Pacific Corporation $UNP

Fort Washington Investment Advisors Inc. OH raised its stake in shares of Union Pacific Corporation (NYSE:UNP) by 3.7% during the first quarter, Holdings Channel reports. The firm owned 235,609 shares of the railroad operator’s stock after buying an additional 8,494 shares during the period. Fort Washington Investment Advisors Inc. OH’s holdings in Union Pacific were worth $57,163,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. Realta Investment Advisors boosted its stake in Union Pacific by 438.9% in the 1st quarter. Realta Investment Advisors now owns 5,157 shares of the railroad operator’s stock valued at $1,251,000 after buying an additional 4,200 shares in the last quarter. Union Bancaire Privee UBP SA grew its holdings in shares of Union Pacific by 10.9% in the 1st quarter. Union Bancaire Privee UBP SA now owns 121,589 shares of the railroad operator’s stock worth $29,500,000 after purchasing an additional 11,988 shares during the last quarter. Cambient Family Office LLC grew its holdings in shares of Union Pacific by 8.3% in the 1st quarter. Cambient Family Office LLC now owns 6,177 shares of the railroad operator’s stock worth $1,499,000 after purchasing an additional 474 shares during the last quarter. River Street Advisors LLC acquired a new stake in shares of Union Pacific during the 1st quarter worth about $427,000. Finally, Merkkuri Wealth Advisors LLC acquired a new stake in shares of Union Pacific during the 1st quarter worth about $29,000. 80.38% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

A number of equities analysts have commented on the stock. Robert W. Baird set a $311.00 price target on shares of Union Pacific and gave the company an “outperform” rating in a research report on Friday, March 6th. TD Cowen raised their price objective on shares of Union Pacific from $256.00 to $282.00 and gave the stock a “buy” rating in a report on Friday, April 24th. Barclays reiterated an “overweight” rating and issued a $315.00 target price (up from $285.00) on shares of Union Pacific in a research note on Friday, April 24th. Citigroup reissued a “buy” rating and issued a $307.00 target price (up from $285.00) on shares of Union Pacific in a report on Friday, April 24th. Finally, Weiss Ratings lowered Union Pacific from a “buy (b)” rating to a “buy (b-)” rating in a research report on Tuesday. One equities research analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating and eight have assigned a Hold rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $283.11.

Insider Activity

In related news, EVP Kenyatta G. Rocker sold 27,387 shares of the business’s stock in a transaction that occurred on Friday, April 24th. The shares were sold at an average price of $271.76, for a total value of $7,442,691.12. Following the completion of the transaction, the executive vice president owned 61,102 shares in the company, valued at $16,605,079.52. The trade was a 30.95% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, EVP Eric J. Gehringer sold 2,991 shares of the company’s stock in a transaction on 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 directly owned 43,012 shares in the company, valued at approximately $11,353,447.52. This represents a 6.50% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 32,378 shares of company stock valued at $8,781,595 over the last three months. 0.22% of the stock is owned by insiders.

Union Pacific Stock Performance

Union Pacific stock opened at $269.56 on Friday. The stock has a 50-day simple moving average of $265.05 and a 200 day simple moving average of $250.81. The stock has a market capitalization of $160.04 billion, a price-to-earnings ratio of 22.20, a P/E/G ratio of 2.84 and a beta of 0.97. The company has a quick ratio of 0.73, a current ratio of 0.92 and a debt-to-equity ratio of 1.53. Union Pacific Corporation has a 12-month low of $210.84 and a 12-month high of $279.70.

Union Pacific (NYSE:UNP) last issued 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 firm had revenue of $6.22 billion for the quarter, compared to analyst estimates of $6.12 billion. Union Pacific had a net margin of 29.20% and a return on equity of 39.58%. The company’s revenue was up 3.2% on a year-over-year basis. During the same quarter in the prior year, the firm earned $2.70 EPS. On average, research analysts anticipate that Union Pacific Corporation will post 12.55 earnings per share for the current fiscal year.

Union Pacific Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, June 30th. Stockholders of record on Friday, May 29th will be given a dividend of $1.38 per share. This represents a $5.52 dividend on an annualized basis and a dividend yield of 2.0%. The ex-dividend date is Friday, May 29th. Union Pacific’s dividend payout ratio is presently 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.