MML Investors Services LLC Purchases 2,958 Shares of Union Pacific Corporation $UNP

MML Investors Services LLC raised its position in Union Pacific Corporation (NYSE:UNP) by 1.6% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 182,965 shares of the railroad operator’s stock after purchasing an additional 2,958 shares during the period. MML Investors Services LLC’s holdings in Union Pacific were worth $42,323,000 at the end of the most recent reporting period.

Other hedge funds also recently made changes to their positions in the company. Rachor Investment Advisory Services LLC bought a new stake in shares of Union Pacific during the 4th quarter worth $25,000. Tucker Asset Management LLC bought a new stake in Union Pacific during the fourth quarter worth about $25,000. SWAN Capital LLC lifted its stake in shares of Union Pacific by 2,575.0% in the fourth quarter. SWAN Capital LLC now owns 107 shares of the railroad operator’s stock worth $25,000 after buying an additional 103 shares in the last quarter. High Point Wealth Management LLC bought a new position in shares of Union Pacific in the fourth quarter worth approximately $26,000. Finally, Caitlin John LLC bought a new position in shares of Union Pacific in the third quarter worth approximately $27,000. 80.38% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

Several research analysts have recently weighed in on the stock. Robert W. Baird set a $311.00 price objective on shares of Union Pacific and gave the company an “outperform” rating in a report on Friday, March 6th. UBS Group reissued a “neutral” rating and set a $274.00 price objective (up from $253.00) on shares of Union Pacific in a report on Friday, April 24th. Raymond James Financial set a $310.00 price objective on shares of Union Pacific in a report on Friday, April 24th. Barclays reaffirmed an “overweight” rating and set a $315.00 target price (up from $285.00) on shares of Union Pacific in a report on Friday, April 24th. Finally, Benchmark upped their target price on shares of Union Pacific from $275.00 to $300.00 and gave the company a “buy” rating in a report on Friday, April 24th. One research analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating and eight have given a Hold rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $282.21.

Insider Transactions at Union Pacific

In other news, EVP Kenyatta G. Rocker sold 27,387 shares of the firm’s stock in a transaction dated Friday, April 24th. The shares were sold at an average price of $271.76, for a total value of $7,442,691.12. Following the completion of the sale, the executive vice president owned 61,102 shares in the company, valued at approximately $16,605,079.52. This trade represents a 30.95% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CFO Jennifer L. Hamann sold 2,000 shares of the firm’s stock in a transaction dated 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 in the company, valued at $31,492,157.40. This represents a 1.71% decrease in their position. The SEC filing for this sale provides additional information. In the last quarter, insiders sold 34,377 shares of company stock worth $9,251,221. 0.22% of the stock is currently owned by insiders.

Union Pacific Price Performance

UNP stock opened at $267.54 on Tuesday. Union Pacific Corporation has a 52 week low of $210.84 and a 52 week high of $279.70. The company has a quick ratio of 0.73, a current ratio of 0.92 and a debt-to-equity ratio of 1.53. The company has a fifty day simple moving average of $262.69 and a two-hundred day simple moving average of $249.13. The firm has a market capitalization of $158.84 billion, a P/E ratio of 22.04, a price-to-earnings-growth ratio of 2.89 and a beta of 0.97.

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

Union Pacific Dividend Announcement

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