Hamel Associates Inc. Sells 3,060 Shares of Union Pacific Corporation $UNP

Hamel Associates Inc. lowered its holdings in shares of Union Pacific Corporation (NYSE:UNP) by 12.1% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 22,161 shares of the railroad operator’s stock after selling 3,060 shares during the quarter. Union Pacific comprises about 1.5% of Hamel Associates Inc.’s investment portfolio, making the stock its 26th biggest position. Hamel Associates Inc.’s holdings in Union Pacific were worth $5,126,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of UNP. Acadian Asset Management LLC raised its holdings in shares of Union Pacific by 40.4% during the 1st quarter. Acadian Asset Management LLC now owns 2,312 shares of the railroad operator’s stock valued at $546,000 after purchasing an additional 665 shares in the last quarter. Schnieders Capital Management LLC. raised its holdings in shares of Union Pacific by 0.5% during the 2nd quarter. Schnieders Capital Management LLC. now owns 20,606 shares of the railroad operator’s stock valued at $4,741,000 after purchasing an additional 102 shares in the last quarter. Main Street Financial Solutions LLC raised its holdings in shares of Union Pacific by 1.6% during the 2nd quarter. Main Street Financial Solutions LLC now owns 3,733 shares of the railroad operator’s stock valued at $859,000 after purchasing an additional 58 shares in the last quarter. HUB Investment Partners LLC raised its holdings in shares of Union Pacific by 10.0% during the 2nd quarter. HUB Investment Partners LLC now owns 6,091 shares of the railroad operator’s stock valued at $1,401,000 after purchasing an additional 554 shares in the last quarter. Finally, Alliancebernstein L.P. raised its holdings in shares of Union Pacific by 7.4% during the 2nd quarter. Alliancebernstein L.P. now owns 1,528,426 shares of the railroad operator’s stock valued at $351,660,000 after purchasing an additional 105,664 shares in the last quarter. Institutional investors own 80.38% of the company’s stock.

Union Pacific Stock Performance

Shares of UNP opened at $267.37 on Thursday. The company has a market capitalization of $158.74 billion, a PE ratio of 22.02, a price-to-earnings-growth ratio of 2.88 and a beta of 0.97. Union Pacific Corporation has a one year low of $210.84 and a one year high of $279.70. The company has a debt-to-equity ratio of 1.53, a current ratio of 0.92 and a quick ratio of 0.73. The company’s fifty day moving average price is $261.12 and its 200 day moving average price is $248.22.

Union Pacific (NYSE:UNP) 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. The firm had revenue of $6.22 billion for the quarter, compared to the consensus estimate of $6.12 billion. Union Pacific had a net margin of 29.20% and a return on equity of 39.58%. The business’s quarterly revenue was up 3.2% on a year-over-year basis. During the same quarter last year, the firm posted $2.70 EPS. As a group, analysts expect that Union Pacific Corporation will post 12.53 earnings per share for the current year.

Union Pacific Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, June 30th. Shareholders of record on Friday, May 29th will be given a $1.38 dividend. This represents a $5.52 annualized dividend and a yield of 2.1%. The ex-dividend date is Friday, May 29th. Union Pacific’s dividend payout ratio (DPR) is currently 45.47%.

Analysts Set New Price Targets

A number of research firms have recently weighed in on UNP. Benchmark raised their price target on shares of Union Pacific from $275.00 to $300.00 and gave the company a “buy” rating in a report on Friday, April 24th. Susquehanna reiterated a “positive” rating and issued a $305.00 target price on shares of Union Pacific in a report on Friday, June 5th. Robert W. Baird set a $311.00 target price on shares of Union Pacific and gave the stock an “outperform” rating in a report on Friday, March 6th. UBS Group reiterated a “neutral” rating and issued a $274.00 target price (up from $253.00) on shares of Union Pacific in a report on Friday, April 24th. Finally, Sanford C. Bernstein lifted their target price on shares of Union Pacific from $289.00 to $293.00 and gave the stock an “outperform” rating in a report on Tuesday, March 31st. One equities research analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating and eight have assigned a Hold rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $282.21.

Insiders Place Their Bets

In other Union Pacific news, EVP Kenyatta G. Rocker sold 27,387 shares of the firm’s stock in a transaction on Friday, April 24th. The shares were 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 trade represents a 30.95% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, CFO Jennifer L. Hamann sold 2,000 shares of the firm’s stock in a transaction on 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 sale, the chief financial officer owned 114,642 shares in the company, valued at $31,492,157.40. This represents a 1.71% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 34,377 shares of company stock worth $9,251,221 in the last ninety days. Insiders own 0.22% of the company’s stock.

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.