MGO One Seven LLC Has $7.99 Million Stake in Union Pacific Corporation $UNP

MGO One Seven LLC raised its position in Union Pacific Corporation (NYSE:UNP) by 14.1% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 34,549 shares of the railroad operator’s stock after buying an additional 4,281 shares during the quarter. MGO One Seven LLC’s holdings in Union Pacific were worth $7,992,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Rachor Investment Advisory Services LLC acquired a new stake in shares of Union Pacific during the 4th quarter worth approximately $25,000. High Point Wealth Management LLC acquired a new position in Union Pacific during the fourth quarter valued at approximately $26,000. Caitlin John LLC acquired a new position in Union Pacific during the third quarter valued at approximately $27,000. Saranac Partners Ltd bought a new stake in Union Pacific during the third quarter worth $27,000. Finally, Stephens Consulting LLC lifted its stake in Union Pacific by 48.4% during the fourth quarter. Stephens Consulting LLC now owns 135 shares of the railroad operator’s stock worth $31,000 after purchasing an additional 44 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 Union Pacific news, CFO Jennifer L. Hamann sold 2,000 shares of the company’s stock in a transaction on Friday, April 24th. The shares were sold at an average price of $274.70, for a total transaction of $549,400.00. Following the sale, the chief financial officer owned 114,642 shares of the company’s stock, valued at approximately $31,492,157.40. This represents a 1.71% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, EVP Kenyatta G. Rocker sold 27,387 shares of the stock in a transaction dated Friday, April 24th. The stock was sold at an average price of $271.76, for a total value of $7,442,691.12. Following the sale, the executive vice president owned 61,102 shares of the company’s stock, valued at approximately $16,605,079.52. The trade was a 30.95% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 31,386 shares of company stock worth $8,461,716 over the last three months. 0.22% of the stock is owned by company insiders.

Union Pacific Stock Performance

Shares of UNP stock opened at $264.38 on Friday. The stock has a market capitalization of $156.96 billion, a PE ratio of 21.78, a PEG ratio of 2.81 and a beta of 0.99. The business’s 50 day simple moving average is $252.20 and its 200 day simple moving average is $240.37. 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 $274.79.

Union Pacific (NYSE:UNP) last released its quarterly earnings results on Thursday, April 23rd. The railroad operator reported $2.93 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.86 by $0.07. The firm had revenue of $6.22 billion during 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% compared to the same quarter last year. During the same quarter last year, the business earned $2.70 EPS. As a group, research analysts forecast that Union Pacific Corporation will post 12.53 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Several equities analysts have recently issued reports on the company. JPMorgan Chase & Co. lifted their price target on Union Pacific from $267.00 to $275.00 and gave the company a “neutral” rating in a research note on Friday, April 24th. BMO Capital Markets reaffirmed a “market perform” rating and issued a $285.00 price objective (up from $278.00) on shares of Union Pacific in a research note on Friday, April 24th. UBS Group reiterated a “neutral” rating and issued a $274.00 target price (up from $253.00) on shares of Union Pacific in a research report on Friday, April 24th. Sanford C. Bernstein boosted their target price on Union Pacific from $289.00 to $293.00 and gave the stock an “outperform” rating in a research note on Tuesday, March 31st. Finally, 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 note on Friday, April 24th. One investment analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and eight have given a Hold rating to the company. According to data from MarketBeat, Union Pacific has an average rating of “Moderate Buy” and an average target price of $279.55.

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.