Union Pacific Corporation $UNP Shares Bought by Focus Partners Wealth

Focus Partners Wealth grew its holdings in shares of Union Pacific Corporation (NYSE:UNP) by 76.2% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 318,398 shares of the railroad operator’s stock after purchasing an additional 137,677 shares during the period. Focus Partners Wealth’s holdings in Union Pacific were worth $73,654,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently modified their holdings of UNP. Magellan Asset Management Ltd acquired a new stake in shares of Union Pacific in the 3rd quarter worth about $69,343,000. Jefferies Financial Group Inc. grew its position in Union Pacific by 1,581.2% in the 3rd quarter. Jefferies Financial Group Inc. now owns 232,000 shares of the railroad operator’s stock valued at $54,838,000 after buying an additional 218,200 shares in the last quarter. North Dakota State Investment Board bought a new position in Union Pacific in the 4th quarter valued at about $4,746,000. State of New Jersey Common Pension Fund D grew its position in Union Pacific by 2.7% in the 3rd quarter. State of New Jersey Common Pension Fund D now owns 208,469 shares of the railroad operator’s stock valued at $49,276,000 after buying an additional 5,572 shares in the last quarter. Finally, Avanza Fonder AB bought a new position in Union Pacific in the 4th quarter valued at about $1,449,000. 80.38% of the stock is owned by institutional investors and hedge funds.

Union Pacific Stock Performance

NYSE:UNP opened at $272.37 on Monday. Union Pacific Corporation has a twelve month low of $210.84 and a twelve month high of $279.70. The company has a current ratio of 0.92, a quick ratio of 0.73 and a debt-to-equity ratio of 1.53. The company has a 50-day moving average of $262.23 and a 200-day moving average of $248.86. The firm has a market cap of $161.71 billion, a price-to-earnings ratio of 22.44, a price-to-earnings-growth ratio of 2.89 and a beta of 0.97.

Union Pacific (NYSE:UNP) last posted its quarterly earnings data on Thursday, April 23rd. The railroad operator reported $2.93 earnings per share for the quarter, beating the consensus estimate of $2.86 by $0.07. Union Pacific had a net margin of 29.20% and a return on equity of 39.58%. The company had revenue of $6.22 billion during the quarter, compared to analyst estimates of $6.12 billion. During the same quarter last year, the firm posted $2.70 EPS. The business’s revenue for the quarter was up 3.2% on a year-over-year basis. Analysts forecast that Union Pacific Corporation will post 12.55 earnings per share for the current fiscal year.

Union Pacific Dividend Announcement

The firm also recently disclosed 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. The ex-dividend date is Friday, May 29th. This represents a $5.52 annualized dividend and a dividend yield of 2.0%. Union Pacific’s dividend payout ratio (DPR) is 45.47%.

Insider Activity

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 owned 61,102 shares in the company, valued at approximately $16,605,079.52. This trade represents a 30.95% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Also, EVP Eric J. Gehringer sold 2,991 shares of the firm’s stock in a transaction dated Wednesday, June 3rd. The shares were sold at an average price of $263.96, for a total transaction of $789,504.36. Following the transaction, the executive vice president owned 43,012 shares of the company’s stock, valued at approximately $11,353,447.52. This trade represents a 6.50% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders sold 34,377 shares of company stock worth $9,251,221. Corporate insiders own 0.22% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities analysts recently issued reports on the stock. BMO Capital Markets reiterated a “market perform” rating and issued a $285.00 target price (up from $278.00) on shares of Union Pacific in a research report on Friday, April 24th. Citigroup reiterated a “buy” rating and issued a $307.00 target price (up from $285.00) on shares of Union Pacific in a research report on Friday, April 24th. TD Cowen increased their target price on shares of Union Pacific from $256.00 to $282.00 and gave the company a “buy” rating in a research report on Friday, April 24th. Raymond James Financial set a $310.00 target price on shares of Union Pacific in a research report on Friday, April 24th. Finally, 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. One investment analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating and eight have given a Hold rating to the company. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $282.21.

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.