Kathmere Capital Management LLC Has $3.41 Million Stock Holdings in Union Pacific Corporation $UNP

Kathmere Capital Management LLC grew its position in Union Pacific Corporation (NYSE:UNPFree Report) by 28.9% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 14,060 shares of the railroad operator’s stock after purchasing an additional 3,156 shares during the quarter. Kathmere Capital Management LLC’s holdings in Union Pacific were worth $3,411,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. Capital World Investors raised its holdings in Union Pacific by 92.1% in the 4th quarter. Capital World Investors now owns 20,136,349 shares of the railroad operator’s stock worth $4,658,142,000 after acquiring an additional 9,655,306 shares during the period. Norges Bank bought a new stake in Union Pacific during the fourth quarter valued at about $1,779,907,000. Capital Research Global Investors boosted its holdings in Union Pacific by 95.0% during the third quarter. Capital Research Global Investors now owns 8,713,196 shares of the railroad operator’s stock valued at $2,059,538,000 after acquiring an additional 4,244,226 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its position in shares of Union Pacific by 72.7% in the third quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 9,177,002 shares of the railroad operator’s stock valued at $2,169,168,000 after purchasing an additional 3,861,636 shares during the last quarter. Finally, EdgePoint Investment Group Inc. acquired a new stake in shares of Union Pacific in the third quarter valued at about $408,592,000. 80.38% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several equities analysts recently weighed in on the company. Sanford C. Bernstein boosted their price objective on Union Pacific from $289.00 to $293.00 and gave the stock an “outperform” rating in a research report on Tuesday, March 31st. JPMorgan Chase & Co. raised their target price on Union Pacific from $267.00 to $275.00 and gave the company a “neutral” rating in a report on Friday, April 24th. Royal Bank Of Canada reiterated an “outperform” rating and set a $289.00 price target (up from $273.00) on shares of Union Pacific in a report on Friday, April 24th. UBS Group reissued a “neutral” rating and issued a $274.00 price objective (up from $253.00) on shares of Union Pacific in a research report on Friday, April 24th. Finally, 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 research note on Friday, April 24th. One analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and eight have given a Hold rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $283.11.

Get Our Latest Stock Analysis on Union Pacific

Union Pacific Stock Performance

NYSE:UNP opened at $282.50 on Monday. Union Pacific Corporation has a 12-month low of $210.84 and a 12-month high of $282.80. The company has a quick ratio of 0.73, a current ratio of 0.92 and a debt-to-equity ratio of 1.53. The firm has a market capitalization of $167.73 billion, a PE ratio of 23.27, a price-to-earnings-growth ratio of 2.97 and a beta of 0.96. The firm has a 50-day moving average price of $267.68 and a 200 day moving average price of $252.36.

Union Pacific (NYSE:UNPGet Free Report) last announced its quarterly earnings results 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 during the quarter, compared to analysts’ expectations 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 for the quarter was up 3.2% compared to the same quarter last year. During the same quarter last year, the company earned $2.70 earnings per share. Research analysts anticipate that Union Pacific Corporation will post 12.55 earnings per share for the current fiscal year.

Union Pacific Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, June 30th. Investors of record on Friday, May 29th were given a dividend of $1.38 per share. This represents a $5.52 annualized dividend and a dividend yield of 2.0%. The ex-dividend date was Friday, May 29th. Union Pacific’s dividend payout ratio (DPR) is 45.47%.

Key Union Pacific News

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

Insider Buying and Selling

In other Union Pacific news, EVP Kenyatta G. Rocker sold 27,387 shares of the company’s stock in a transaction on 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 directly owned 61,102 shares in the company, valued at $16,605,079.52. This represents a 30.95% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, EVP Eric J. Gehringer sold 2,991 shares of the 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 owned 43,012 shares of the company’s stock, valued at $11,353,447.52. This represents a 6.50% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 32,378 shares of company stock worth $8,781,595 in the last 90 days. 0.22% of the stock is owned by company insiders.

Union Pacific Company Profile

(Free Report)

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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Institutional Ownership by Quarter for Union Pacific (NYSE:UNP)

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