Union Pacific Corporation $UNP Shares Sold by Groupama Asset Managment

Groupama Asset Managment reduced its position in shares of Union Pacific Corporation (NYSE:UNP) by 11.6% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 22,833 shares of the railroad operator’s stock after selling 2,991 shares during the period. Groupama Asset Managment’s holdings in Union Pacific were worth $5,540,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Rachor Investment Advisory Services LLC purchased a new position in Union Pacific in the fourth quarter valued at $25,000. Tucker Asset Management LLC purchased a new stake in Union Pacific during the 4th quarter worth about $25,000. SWAN Capital LLC lifted its holdings in Union Pacific by 2,575.0% during the 4th quarter. SWAN Capital LLC now owns 107 shares of the railroad operator’s stock worth $25,000 after buying an additional 103 shares during the last quarter. High Point Wealth Management LLC acquired a new position in shares of Union Pacific during the 4th quarter worth about $26,000. Finally, Cornerstone Financial Management LLC acquired a new position in shares of Union Pacific during the 4th quarter worth about $27,000. Institutional investors and hedge funds own 80.38% of the company’s stock.

Insider Transactions at Union Pacific

In related news, EVP Eric J. Gehringer sold 2,991 shares of the business’s stock in a transaction dated Wednesday, June 3rd. The stock was sold at an average price of $263.96, for a total value of $789,504.36. Following the transaction, the executive vice president owned 43,012 shares in the company, valued at $11,353,447.52. The trade was a 6.50% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website. 0.22% of the stock is owned by company insiders.

Union Pacific Stock Up 0.8%

Shares of NYSE:UNP opened at $291.83 on Friday. Union Pacific Corporation has a 1-year low of $210.84 and a 1-year high of $315.99. The company has a debt-to-equity ratio of 1.40, a current ratio of 0.99 and a quick ratio of 0.82. The stock has a market cap of $173.37 billion, a P/E ratio of 23.63, a P/E/G ratio of 2.96 and a beta of 0.96. The firm has a fifty day moving average price of $277.60 and a 200 day moving average price of $260.55.

Union Pacific (NYSE:UNP) last posted its quarterly earnings data on Thursday, July 23rd. The railroad operator reported $3.41 EPS for the quarter, beating analysts’ consensus estimates of $3.26 by $0.15. Union Pacific had a net margin of 28.85% and a return on equity of 38.46%. The company had revenue of $6.86 billion for the quarter, compared to analyst estimates of $6.72 billion. During the same period in the previous year, the business posted $3.03 earnings per share. Union Pacific’s quarterly revenue was up 11.5% on a year-over-year basis. Sell-side analysts predict that Union Pacific Corporation will post 12.9 EPS for the current year.

Union Pacific Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, September 30th. Investors of record on Monday, August 31st will be issued a dividend of $1.42 per share. This is an increase from Union Pacific’s previous quarterly dividend of $1.38. This represents a $5.68 dividend on an annualized basis and a dividend yield of 1.9%. The ex-dividend date of this dividend is Monday, August 31st. Union Pacific’s dividend payout ratio is 44.70%.

Analysts Set New Price Targets

A number of research analysts have recently commented on the company. Wells Fargo & Company reiterated an “overweight” rating and issued a $335.00 price objective (up from $315.00) on shares of Union Pacific in a report on Friday, July 24th. Susquehanna boosted their target price on Union Pacific from $305.00 to $333.00 and gave the stock a “positive” rating in a research note on Tuesday, July 14th. Bank of America upped their price target on Union Pacific from $301.00 to $334.00 and gave the company a “buy” rating in a report on Thursday, July 23rd. Stephens upgraded shares of Union Pacific to a “strong-buy” rating in a research note on Wednesday, July 8th. Finally, Robert W. Baird raised their price objective on shares of Union Pacific from $311.00 to $344.00 and gave the stock an “outperform” rating in a report on Monday, July 27th. Two investment analysts have rated the stock with a Strong Buy rating, thirteen have given a Buy rating and seven have assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $320.89.

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.