Union Pacific Corporation $UNP Shares Sold by Investment House LLC

Investment House LLC trimmed its position in shares of Union Pacific Corporation (NYSE:UNP) by 4.0% during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 52,692 shares of the railroad operator’s stock after selling 2,175 shares during the period. Investment House LLC’s holdings in Union Pacific were worth $12,189,000 as of its most recent SEC filing.

Other large investors also recently added to or reduced their stakes in the company. Midwest Trust Co lifted its stake in Union Pacific by 2.8% during the third quarter. Midwest Trust Co now owns 281,036 shares of the railroad operator’s stock worth $66,428,000 after purchasing an additional 7,759 shares in the last quarter. Thrivent Financial for Lutherans lifted its stake in Union Pacific by 15.1% during the third quarter. Thrivent Financial for Lutherans now owns 135,188 shares of the railroad operator’s stock worth $31,955,000 after purchasing an additional 17,696 shares in the last quarter. Bessemer Group Inc. lifted its stake in Union Pacific by 29.6% during the third quarter. Bessemer Group Inc. now owns 653,589 shares of the railroad operator’s stock worth $154,488,000 after purchasing an additional 149,158 shares in the last quarter. AustralianSuper Pty Ltd acquired a new position in Union Pacific during the third quarter worth $802,000. Finally, Berman McAleer LLC acquired a new position in Union Pacific during the third quarter worth $1,036,000. 80.38% of the stock is currently owned by institutional investors and hedge funds.

Union Pacific Stock Performance

Shares of UNP stock opened at $271.30 on Wednesday. The stock’s 50-day moving average is $252.93 and its two-hundred day moving average is $243.02. The firm has a market cap of $161.07 billion, a price-to-earnings ratio of 22.35, a PEG ratio of 2.92 and a beta of 0.99. Union Pacific Corporation has a 1 year low of $210.84 and a 1 year high of $276.40. The company has a debt-to-equity ratio of 1.53, a quick ratio of 0.73 and a current ratio of 0.92.

Union Pacific (NYSE:UNP) last issued its quarterly earnings data 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 company had revenue of $6.22 billion for the quarter, compared to analyst estimates of $6.12 billion. Union Pacific had a return on equity of 39.58% and a net margin of 29.20%.The business’s quarterly revenue was up 3.2% compared to the same quarter last year. During the same quarter last year, the company posted $2.70 earnings per share. Analysts predict that Union Pacific Corporation will post 12.53 earnings per share for the current year.

Union Pacific Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 30th. Shareholders of record on Friday, May 29th will be issued a dividend of $1.38 per share. The ex-dividend date of this dividend 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 presently 45.47%.

Insiders Place Their Bets

In other Union Pacific news, EVP Eric J. Gehringer sold 1,999 shares of the firm’s stock in a transaction dated Friday, March 20th. The stock was sold at an average price of $234.93, for a total transaction of $469,625.07. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, EVP Kenyatta G. Rocker sold 27,387 shares of the firm’s 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 transaction, the executive vice president directly owned 61,102 shares in the company, valued at approximately $16,605,079.52. The trade was a 30.95% decrease in their position. The SEC filing for this sale provides additional information. Over the last 90 days, insiders have sold 31,386 shares of company stock valued at $8,461,716. 0.22% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

Several analysts have recently issued reports on UNP shares. Barclays reiterated an “overweight” rating and issued a $315.00 price objective (up from $285.00) on shares of Union Pacific in a research note on Friday, April 24th. Wells Fargo & Company reiterated an “overweight” rating and issued a $300.00 price objective (up from $260.00) on shares of Union Pacific in a research note on Friday, April 24th. JPMorgan Chase & Co. increased their price objective on Union Pacific from $267.00 to $275.00 and gave the company a “neutral” rating in a research note on Friday, April 24th. Royal Bank Of Canada reiterated an “outperform” rating and issued a $289.00 price objective (up from $273.00) on shares of Union Pacific in a research note on Friday, April 24th. Finally, Benchmark increased their price objective on Union Pacific from $275.00 to $300.00 and gave the company a “buy” rating in a research note on Friday, April 24th. One analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating and eight have issued a Hold rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $280.47.

Union Pacific Company 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.