Union Pacific Corporation $UNP Shares Sold by OLD National Bancorp IN

OLD National Bancorp IN decreased its stake in Union Pacific Corporation (NYSE:UNP) by 9.2% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 24,719 shares of the railroad operator’s stock after selling 2,494 shares during the quarter. OLD National Bancorp IN’s holdings in Union Pacific were worth $5,718,000 as of its most recent SEC filing.

Other institutional investors have also modified their holdings of the company. Caitlin John LLC acquired a new stake in shares of Union Pacific in the third quarter valued at about $27,000. Saranac Partners Ltd acquired a new stake in shares of Union Pacific in the third quarter valued at about $27,000. Stephens Consulting LLC grew its position in shares of Union Pacific by 48.4% in the fourth quarter. Stephens Consulting LLC now owns 135 shares of the railroad operator’s stock valued at $31,000 after purchasing an additional 44 shares during the period. Beacon Financial Strategies CORP acquired a new stake in shares of Union Pacific in the fourth quarter valued at about $33,000. Finally, Paladin Advisory Group LLC acquired a new stake in shares of Union Pacific in the fourth quarter valued at about $33,000. Institutional investors and hedge funds own 80.38% of the company’s stock.

Union Pacific Stock Performance

UNP opened at $271.09 on Friday. The firm has a market capitalization of $160.86 billion, a PE ratio of 22.65, a PEG ratio of 2.76 and a beta of 0.96. Union Pacific Corporation has a twelve month low of $206.63 and a twelve month high of $271.26. The firm’s 50-day moving average price is $251.59 and its 200 day moving average price is $238.07. The company has a current ratio of 0.91, a quick ratio of 0.75 and a debt-to-equity ratio of 1.64.

Union Pacific (NYSE:UNP) last posted its quarterly earnings results on Thursday, April 23rd. The railroad operator reported $2.93 earnings per share 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 29.12% and a return on equity of 40.89%. Union Pacific’s quarterly revenue was up 3.2% on a year-over-year basis. During the same period in the previous year, the business posted $2.70 earnings per share. As a group, sell-side analysts expect that Union Pacific Corporation will post 12.42 EPS for the current fiscal year.

Union Pacific Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, March 31st. Investors of record on Friday, February 27th were given a dividend of $1.38 per share. The ex-dividend date was Friday, February 27th. This represents a $5.52 dividend on an annualized basis and a yield of 2.0%. Union Pacific’s payout ratio is presently 46.12%.

Analysts Set New Price Targets

Several analysts have recently issued reports on UNP shares. BMO Capital Markets reiterated a “market perform” rating and issued a $295.00 target price on shares of Union Pacific in a research report on Thursday, February 19th. Citigroup lifted their target price on shares of Union Pacific from $270.00 to $285.00 and gave the company a “buy” rating in a research report on Tuesday, April 7th. Susquehanna reiterated a “buy” rating on shares of Union Pacific in a research report on Monday, January 19th. TD Cowen dropped their target price on shares of Union Pacific from $257.00 to $255.00 and set a “buy” rating on the stock in a research report on Wednesday, January 28th. Finally, Raymond James Financial restated a “strong-buy” rating on shares of Union Pacific in a research report on Wednesday, April 15th. One analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and eight have assigned a Hold rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $267.48.

Union Pacific News Summary

Here are the key news stories impacting Union Pacific this week:

• Positive Sentiment: Q1 beat and strong results — UNP posted adjusted EPS of $2.93 (vs. consensus ~ $2.84) and revenue of $6.22B, with net income and margins improving year?over?year; results included a small merger-related charge. This upside is the primary near-term bull case for the stock. Read More.
• Positive Sentiment: Pricing power and efficiency gains — management said stronger pricing, fuel surcharge dynamics and productivity improvements offset cost pressure, lifting profitability and investor confidence in operating execution. Read More.
• Positive Sentiment: Merger momentum — management reiterated its pursuit of the proposed Norfolk Southern acquisition and signaled a revised regulatory filing is imminent, which revived deal optimism and likely contributed to sector re?rating. Read More.
• Neutral Sentiment: Guidance affirmed — UNP affirmed its full?year earnings outlook after the quarter, removing some uncertainty around forward estimates but leaving results sensitive to volume/mix and costs. Read More.
• Negative Sentiment: Fuel-cost headwind — management warned that rising fuel prices will pressure margins, a risk that could limit margin expansion if fuel or other input costs continue to climb. Read More.

Insiders Place Their Bets

In related news, EVP Eric J. Gehringer sold 1,999 shares of the business’s 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 transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. 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.