Modera Wealth Management LLC Acquires 1,790 Shares of Union Pacific Corporation $UNP

Modera Wealth Management LLC grew its holdings in Union Pacific Corporation (NYSE:UNP) by 15.4% during the first quarter, Holdings Channel.com reports. The firm owned 13,438 shares of the railroad operator’s stock after acquiring an additional 1,790 shares during the quarter. Modera Wealth Management LLC’s holdings in Union Pacific were worth $3,260,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of the business. Rachor Investment Advisory Services LLC acquired a new position in shares of Union Pacific during the 4th quarter worth approximately $25,000. Tucker Asset Management LLC acquired a new stake in shares of Union Pacific in the 4th quarter valued at 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 acquiring an additional 103 shares during the last quarter. High Point Wealth Management LLC acquired a new stake in Union Pacific in the fourth quarter valued at $26,000. Finally, Cornerstone Financial Management LLC bought a new position in shares of Union Pacific in the 4th quarter valued at about $27,000. 80.38% of the stock is currently owned by institutional investors and hedge funds.

Union Pacific Stock Up 0.7%

Shares of NYSE UNP opened at $301.44 on Friday. The stock has a market capitalization of $178.96 billion, a P/E ratio of 24.83, a PEG ratio of 3.16 and a beta of 0.96. The stock’s fifty day moving average is $271.93 and its 200 day moving average is $256.00. Union Pacific Corporation has a 52 week low of $210.84 and a 52 week high of $303.15. 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 posted its quarterly earnings data on Thursday, April 23rd. The railroad operator reported $2.93 earnings per share for the quarter, topping the consensus estimate of $2.86 by $0.07. The business 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%. Union Pacific’s revenue was up 3.2% compared to the same quarter last year. During the same quarter in the prior year, the business posted $2.70 earnings per share. Sell-side analysts forecast that Union Pacific Corporation will post 12.62 earnings per share for the current fiscal year.

Union Pacific Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Friday, May 29th were issued a dividend of $1.38 per share. This represents a $5.52 dividend on an annualized basis and a dividend yield of 1.8%. The ex-dividend date of this dividend was Friday, May 29th. Union Pacific’s dividend payout ratio is 45.47%.

Insider Transactions at Union Pacific

In related news, CFO Jennifer L. Hamann sold 2,000 shares of the stock in a transaction that occurred on Friday, April 24th. The shares were sold at an average price of $274.70, for a total transaction of $549,400.00. Following the sale, the chief financial officer owned 114,642 shares in the company, valued at approximately $31,492,157.40. This trade represents a 1.71% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, EVP Eric J. Gehringer sold 2,991 shares of the stock in a transaction that occurred on Wednesday, June 3rd. The stock was 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 in the company, valued at $11,353,447.52. This represents a 6.50% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders sold 32,378 shares of company stock valued at $8,781,595. Company insiders own 0.22% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts have weighed in on the company. Wells Fargo & Company boosted their price target on Union Pacific from $300.00 to $315.00 and gave the stock an “overweight” rating in a research report on Wednesday, July 8th. Benchmark reaffirmed a “buy” rating and set a $325.00 price objective (up from $300.00) on shares of Union Pacific in a research report on Wednesday. Weiss Ratings downgraded shares of Union Pacific from a “buy (b)” rating to a “buy (b-)” rating in a report on Tuesday, June 23rd. 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 report on Friday, April 24th. Finally, BMO Capital Markets reaffirmed a “market perform” rating and issued a $285.00 price objective (up from $278.00) on shares of Union Pacific in a report on Friday, April 24th. Two equities research analysts have rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and seven have given a Hold rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $299.11.

Trending Headlines about Union Pacific

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

• Positive Sentiment: Union Pacific received the first rail from Rocky Mountain Steel’s new $1.2 billion Pueblo mill, kicking off a seven-year domestic supply contract that could improve rail-input reliability and support efficiency. Article Title
• Positive Sentiment: Several analysts remain constructive, with recent price-target increases and buy/outperform-style ratings helping reinforce expectations for stronger earnings and continued momentum. Article Title
• Positive Sentiment: Heading into Q2 results, earnings estimates have been rising as stronger freight demand may offset volume and supply-chain pressures, which could set up a positive catalyst if Union Pacific beats expectations. Article Title
• Neutral Sentiment: A valuation article said Union Pacific looks fairly valued on cash flow, suggesting the shares may be closer to intrinsic value than deeply discounted, which is less of a near-term trading catalyst. Article Title
• Negative Sentiment: Dan Loeb’s Third Point cut its Union Pacific stake by more than 90% while also slashing other railroad holdings, a move that may pressure sentiment around the sector amid merger uncertainty. Article Title

About Union Pacific

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.