Mill Creek Capital Advisors LLC Reduces Stake in Union Pacific Corporation $UNP

Mill Creek Capital Advisors LLC lowered its position in Union Pacific Corporation (NYSE:UNP) by 67.1% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 2,186 shares of the railroad operator’s stock after selling 4,453 shares during the period. Mill Creek Capital Advisors LLC’s holdings in Union Pacific were worth $506,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also recently bought and sold shares of the company. Minot DeBlois Advisors LLC boosted its position in Union Pacific by 1.6% in the fourth quarter. Minot DeBlois Advisors LLC now owns 6,059 shares of the railroad operator’s stock valued at $1,402,000 after buying an additional 95 shares during the last quarter. Fieldview Capital Management LLC purchased a new stake in Union Pacific in the fourth quarter valued at approximately $249,000. Focus Partners Wealth boosted its position in Union Pacific by 76.2% in the fourth quarter. Focus Partners Wealth now owns 318,398 shares of the railroad operator’s stock valued at $73,654,000 after buying an additional 137,677 shares during the last quarter. Integrity Financial Corp WA purchased a new stake in Union Pacific in the fourth quarter valued at approximately $302,000. Finally, Cornerstone Financial Management LLC purchased a new stake in Union Pacific in the fourth quarter valued at approximately $27,000. Hedge funds and other institutional investors own 80.38% of the company’s stock.

Union Pacific Price Performance

Shares of Union Pacific stock opened at $267.54 on Tuesday. The company has a quick ratio of 0.73, a current ratio of 0.92 and a debt-to-equity ratio of 1.53. Union Pacific Corporation has a twelve month low of $210.84 and a twelve month high of $279.70. The business has a 50-day moving average price of $262.69 and a 200 day moving average price of $249.13. The firm has a market cap of $158.84 billion, a PE ratio of 22.04, a P/E/G ratio of 2.89 and a beta of 0.97.

Union Pacific (NYSE:UNP) last announced its quarterly earnings results on Thursday, April 23rd. The railroad operator reported $2.93 earnings per share for the quarter, beating the consensus estimate of $2.86 by $0.07. The firm had revenue of $6.22 billion during the quarter, compared to analyst estimates of $6.12 billion. Union Pacific had a return on equity of 39.58% and a net margin of 29.20%.Union Pacific’s revenue for the quarter was up 3.2% compared to the same quarter last year. During the same quarter in the previous year, the business earned $2.70 EPS. Sell-side analysts predict that Union Pacific Corporation will post 12.55 earnings per share for the current fiscal year.

Union Pacific Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, June 30th. Stockholders of record on Friday, May 29th will be paid a dividend of $1.38 per share. This represents a $5.52 annualized dividend and a dividend yield of 2.1%. The ex-dividend date of this dividend is Friday, May 29th. Union Pacific’s dividend payout ratio is presently 45.47%.

Analysts Set New Price Targets

A number of equities research analysts recently commented on UNP shares. Wells Fargo & Company reiterated an “overweight” rating and issued a $300.00 target price (up from $260.00) on shares of Union Pacific in a research report on Friday, April 24th. JPMorgan Chase & Co. upped their price objective on Union Pacific from $267.00 to $275.00 and gave the stock a “neutral” rating in a research report on Friday, April 24th. Raymond James Financial set a $310.00 price objective on Union Pacific in a research report on Friday, April 24th. Citigroup restated a “buy” rating and issued a $307.00 price objective (up from $285.00) on shares of Union Pacific in a research report on Friday, April 24th. Finally, Barclays restated an “overweight” rating and issued a $315.00 price objective (up from $285.00) on shares of Union Pacific in a research report on Friday, April 24th. One investment analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and eight have issued a Hold rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $282.21.

Insider Transactions at Union Pacific

In other news, CFO Jennifer L. Hamann sold 2,000 shares of the company’s stock in a transaction that occurred 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 transaction, the chief financial officer directly owned 114,642 shares of the company’s stock, valued at $31,492,157.40. This represents a 1.71% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this link. Also, EVP Eric J. Gehringer sold 2,991 shares of the company’s stock in a transaction that occurred on 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 directly 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. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 34,377 shares of company stock valued at $9,251,221 in the last three months. 0.22% of the stock is currently owned by company insiders.

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.