Union Pacific Corporation $UNP Shares Acquired by Kestra Private Wealth Services LLC

Kestra Private Wealth Services LLC increased its position in Union Pacific Corporation (NYSE:UNP) by 5.9% in the 1st quarter, Holdings Channel reports. The firm owned 53,172 shares of the railroad operator’s stock after buying an additional 2,951 shares during the period. Kestra Private Wealth Services LLC’s holdings in Union Pacific were worth $12,901,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also made changes to their positions in the company. Tucker Asset Management LLC acquired a new position in Union Pacific during the fourth quarter worth approximately $25,000. SWAN Capital LLC lifted its stake 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 buying an additional 103 shares during the last quarter. Rachor Investment Advisory Services LLC acquired a new stake in shares of Union Pacific in the fourth quarter valued at approximately $25,000. Caitlin John LLC acquired a new stake in shares of Union Pacific in the third quarter valued at approximately $27,000. Finally, Saranac Partners Ltd purchased a new position in shares of Union Pacific during the third quarter worth approximately $27,000. 80.38% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other Union Pacific news, CFO Jennifer L. Hamann sold 2,000 shares of the stock in a transaction dated Friday, April 24th. The shares were sold at an average price of $274.70, for a total value 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 trade represents a 1.71% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, EVP Eric J. Gehringer sold 2,991 shares of Union Pacific stock in a transaction that occurred on Wednesday, June 3rd. The shares were sold at an average price of $263.96, for a total transaction of $789,504.36. Following the sale, the executive vice president owned 43,012 shares of the company’s stock, valued at approximately $11,353,447.52. The trade was a 6.50% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders have sold 32,378 shares of company stock valued at $8,781,595. Corporate insiders own 0.22% of the company’s stock.

Wall Street Analysts Forecast Growth

UNP has been the topic of a number of recent research reports. BMO Capital Markets reaffirmed a “market perform” rating and issued a $285.00 target price (up from $278.00) on shares of Union Pacific in a report on Friday, April 24th. TD Cowen increased their price target 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. Barclays reissued an “overweight” rating and set a $315.00 price objective (up from $285.00) on shares of Union Pacific in a research report on Friday, April 24th. Royal Bank Of Canada restated 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, Weiss Ratings cut shares of Union Pacific from a “buy (b)” rating to a “buy (b-)” rating in a report on Tuesday. One equities research 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. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $282.21.

Union Pacific Trading Up 0.6%

NYSE:UNP opened at $260.07 on Thursday. Union Pacific Corporation has a 1 year low of $210.84 and a 1 year high of $279.70. 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 stock has a fifty day moving average price of $264.31 and a two-hundred day moving average price of $250.45. The stock has a market capitalization of $154.41 billion, a price-to-earnings ratio of 21.42, a PEG ratio of 2.74 and a beta of 0.97.

Union Pacific (NYSE:UNP) last issued 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 net margin of 29.20% and a return on equity of 39.58%. The company had revenue of $6.22 billion for the quarter, compared to analyst estimates of $6.12 billion. During the same period in the previous year, the firm earned $2.70 EPS. The business’s revenue was up 3.2% on a year-over-year basis. As a group, sell-side analysts anticipate 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 will be paid on Tuesday, June 30th. Investors 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 dividend on an annualized basis and a yield of 2.1%. Union Pacific’s payout ratio is currently 45.47%.

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.