IFM Investors Pty Ltd Has $38.73 Million Stock Holdings in Union Pacific Corporation $UNP

IFM Investors Pty Ltd boosted its holdings in shares of Union Pacific Corporation (NYSE:UNPFree Report) by 6.4% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 159,654 shares of the railroad operator’s stock after purchasing an additional 9,623 shares during the period. IFM Investors Pty Ltd’s holdings in Union Pacific were worth $38,735,000 as of its most recent SEC filing.

A number of other institutional investors also recently added to or reduced their stakes in UNP. Tucker Asset Management LLC acquired a new stake in Union Pacific in the 4th quarter valued at $25,000. SWAN Capital LLC grew its position in Union Pacific by 2,575.0% in the fourth quarter. SWAN Capital LLC now owns 107 shares of the railroad operator’s stock valued at $25,000 after acquiring an additional 103 shares during the period. Rachor Investment Advisory Services LLC acquired a new position in Union Pacific during the fourth quarter worth $25,000. Saranac Partners Ltd acquired a new position in Union Pacific during the third quarter worth $27,000. Finally, High Point Wealth Management LLC bought a new position in shares of Union Pacific during the fourth quarter valued at $26,000. 80.38% of the stock is owned by institutional investors and hedge funds.

Union Pacific News Roundup

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

Insiders Place Their Bets

In other Union Pacific news, 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 value of $789,504.36. Following the completion of the sale, the executive vice president owned 43,012 shares in the company, valued at approximately $11,353,447.52. This trade represents a 6.50% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, CFO Jennifer L. Hamann sold 2,000 shares of the business’s stock in a transaction dated Friday, April 24th. The stock was sold at an average price of $274.70, for a total transaction of $549,400.00. Following the completion of the transaction, the chief financial officer directly 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. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 32,378 shares of company stock valued at $8,781,595 in the last 90 days. 0.22% of the stock is currently owned by insiders.

Union Pacific Price Performance

Union Pacific stock opened at $271.94 on Wednesday. The company has a debt-to-equity ratio of 1.53, a quick ratio of 0.73 and a current ratio of 0.92. The firm has a market cap of $161.45 billion, a P/E ratio of 22.40, a P/E/G ratio of 2.87 and a beta of 0.97. The business’s fifty day moving average is $265.89 and its two-hundred day moving average is $251.47. Union Pacific Corporation has a 52 week low of $210.84 and a 52 week high of $279.70.

Union Pacific (NYSE:UNPGet Free Report) last announced its earnings results on Thursday, April 23rd. The railroad operator reported $2.93 EPS for the quarter, topping the consensus estimate of $2.86 by $0.07. Union Pacific had a return on equity of 39.58% and a net margin of 29.20%.The company had revenue of $6.22 billion for the quarter, compared to analysts’ expectations of $6.12 billion. During the same quarter in the prior year, the business earned $2.70 earnings per share. The business’s revenue for the quarter was up 3.2% on a year-over-year basis. Equities research analysts forecast that Union Pacific Corporation will post 12.55 earnings per share for the current fiscal year.

Union Pacific Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Friday, May 29th were issued a dividend of $1.38 per share. The ex-dividend date of this dividend was Friday, May 29th. This represents a $5.52 dividend on an annualized basis and a yield of 2.0%. Union Pacific’s dividend payout ratio is currently 45.47%.

Analyst Upgrades and Downgrades

UNP has been the topic of several recent analyst reports. Raymond James Financial set a $310.00 target price on shares of Union Pacific in a research note on Friday, April 24th. JPMorgan Chase & Co. increased their target price on shares of Union Pacific from $267.00 to $275.00 and gave the stock a “neutral” rating in a research report on Friday, April 24th. Barclays reissued an “overweight” rating and set a $315.00 price target (up from $285.00) on shares of Union Pacific in a report on Friday, April 24th. Royal Bank Of Canada restated an “outperform” rating and issued a $289.00 price target (up from $273.00) on shares of Union Pacific in a research report on Friday, April 24th. Finally, Sanford C. Bernstein upped their price objective on shares of Union Pacific from $289.00 to $293.00 and gave the stock an “outperform” rating in a research note on Tuesday, March 31st. One investment 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 stock. Based on data from MarketBeat.com, Union Pacific currently has an average rating of “Moderate Buy” and an average target price of $283.11.

Check Out Our Latest Report on Union Pacific

Union Pacific 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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