Maj Invest Holding A S Increases Stock Holdings in Union Pacific Corporation $UNP

Maj Invest Holding A S grew its holdings in shares of Union Pacific Corporation (NYSE:UNP) by 1.3% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 542,865 shares of the railroad operator’s stock after buying an additional 7,092 shares during the period. Union Pacific accounts for approximately 5.8% of Maj Invest Holding A S’s holdings, making the stock its 7th biggest position. Maj Invest Holding A S’s holdings in Union Pacific were worth $125,574,000 at the end of the most recent quarter.

A number of other hedge funds have also recently modified their holdings of the business. ProShare Advisors LLC boosted its stake in Union Pacific by 7.6% in the 4th quarter. ProShare Advisors LLC now owns 117,972 shares of the railroad operator’s stock worth $27,289,000 after purchasing an additional 8,348 shares in the last quarter. HighTower Advisors LLC boosted its stake in Union Pacific by 17.5% in the 4th quarter. HighTower Advisors LLC now owns 620,285 shares of the railroad operator’s stock worth $143,484,000 after purchasing an additional 92,459 shares in the last quarter. Envestnet Portfolio Solutions Inc. boosted its stake in Union Pacific by 2.3% in the 4th quarter. Envestnet Portfolio Solutions Inc. now owns 100,491 shares of the railroad operator’s stock worth $23,245,000 after purchasing an additional 2,295 shares in the last quarter. Gambit Capital Management LLC bought a new position in Union Pacific in the 4th quarter worth about $238,000. Finally, Pathway Financial Advisers LLC boosted its stake in Union Pacific by 4.6% in the 4th quarter. Pathway Financial Advisers LLC now owns 10,479 shares of the railroad operator’s stock worth $2,424,000 after purchasing an additional 458 shares in the last quarter. Institutional investors own 80.38% of the company’s stock.

Insider Activity

In other news, EVP Kenyatta G. Rocker sold 27,387 shares of the company’s stock in a transaction dated Friday, April 24th. The shares were sold at an average price of $271.76, for a total transaction of $7,442,691.12. Following the completion of the sale, the executive vice president owned 61,102 shares of the company’s stock, valued at $16,605,079.52. This represents a 30.95% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CFO Jennifer L. Hamann sold 2,000 shares of the company’s stock in a transaction dated 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 directly owned 114,642 shares of the company’s stock, valued at $31,492,157.40. The trade was a 1.71% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 31,386 shares of company stock valued at $8,461,716 in the last quarter. 0.22% of the stock is currently owned by insiders.

Union Pacific Price Performance

Shares of NYSE:UNP opened at $274.93 on Tuesday. Union Pacific Corporation has a fifty-two week low of $210.84 and a fifty-two week high of $276.40. The firm has a market cap of $163.23 billion, a price-to-earnings ratio of 22.65, a price-to-earnings-growth ratio of 2.87 and a beta of 0.99. 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 business has a 50-day simple moving average of $252.59 and a two-hundred day simple moving average of $242.63.

Union Pacific (NYSE:UNP) last released its quarterly earnings results on Thursday, April 23rd. The railroad operator reported $2.93 EPS for the quarter, beating 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 firm had revenue of $6.22 billion during the quarter, compared to analyst estimates of $6.12 billion. During the same quarter in the prior year, the firm earned $2.70 EPS. The business’s revenue for the quarter was up 3.2% compared to the same quarter last year. On average, analysts expect that Union Pacific Corporation will post 12.53 earnings per share for the current year.

Union Pacific Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, June 30th. Stockholders of record on Friday, May 29th will be given 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 is presently 45.47%.

Analyst Ratings Changes

A number of brokerages recently issued reports on UNP. JPMorgan Chase & Co. upped their price target on shares of Union Pacific from $267.00 to $275.00 and gave the stock 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 target (up from $273.00) on shares of Union Pacific in a research note on Friday, April 24th. Raymond James Financial set a $310.00 price target on shares of Union Pacific in a research note on Friday, April 24th. Evercore reiterated an “outperform” rating and issued a $277.00 price target on shares of Union Pacific in a research note on Friday, April 24th. Finally, Weiss Ratings upgraded shares of Union Pacific from a “buy (b-)” rating to a “buy (b)” rating in a research note on Tuesday, April 21st. One 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’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price 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.