Fideuram Intesa Sanpaolo Private Banking S.P.A. Invests $563,000 in Union Pacific Corporation $UNP

Fideuram Intesa Sanpaolo Private Banking S.P.A. purchased a new stake in shares of Union Pacific Corporation (NYSE:UNP) during the fourth quarter, Holdings Channel.com reports. The institutional investor purchased 2,436 shares of the railroad operator’s stock, valued at approximately $563,000.

A number of other hedge funds and other institutional investors have also modified their holdings of UNP. Capital World Investors grew its position in Union Pacific by 193.3% in the 3rd quarter. Capital World Investors now owns 10,481,043 shares of the railroad operator’s stock valued at $2,477,404,000 after buying an additional 6,908,016 shares in the last quarter. Capital Research Global Investors increased its stake in Union Pacific by 95.0% during the 3rd quarter. Capital Research Global Investors now owns 8,713,196 shares of the railroad operator’s stock valued at $2,059,538,000 after buying an additional 4,244,226 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its position in shares of Union Pacific by 72.7% during the 3rd quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 9,177,002 shares of the railroad operator’s stock worth $2,169,168,000 after buying an additional 3,861,636 shares in the last quarter. EdgePoint Investment Group Inc. bought a new stake in shares of Union Pacific during the 3rd quarter worth about $408,592,000. Finally, Baupost Group LLC MA bought a new stake in shares of Union Pacific during the 3rd quarter worth about $353,658,000. 80.38% of the stock is currently owned by institutional investors.

Union Pacific Stock Performance

Shares of UNP opened at $265.60 on Friday. The company has a debt-to-equity ratio of 1.53, a current ratio of 0.92 and a quick ratio of 0.73. The firm’s 50 day moving average is $253.50 and its 200-day moving average is $243.67. Union Pacific Corporation has a 12-month low of $210.84 and a 12-month high of $276.40. The stock has a market capitalization of $157.69 billion, a P/E ratio of 21.88, a P/E/G ratio of 2.82 and a beta of 0.99.

Union Pacific (NYSE:UNP) last released its 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. 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%. The business’s quarterly revenue was up 3.2% on a year-over-year basis. During the same period in the prior year, the business earned $2.70 earnings per share. Equities research analysts anticipate that Union Pacific Corporation will post 12.53 EPS for the current fiscal year.

Union Pacific Dividend Announcement

The business also recently disclosed 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. This represents a $5.52 dividend on an annualized basis and a dividend yield of 2.1%. The ex-dividend date is Friday, May 29th. Union Pacific’s dividend payout ratio is 45.47%.

Insider Transactions at Union Pacific

In other news, EVP Eric J. Gehringer sold 1,999 shares of the company’s stock in a transaction on Friday, March 20th. The stock was sold at an average price of $234.93, for a total transaction of $469,625.07. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, CFO Jennifer L. Hamann sold 2,000 shares of the stock in a transaction on Friday, April 24th. The shares were sold at an average price of $274.70, for a total value of $549,400.00. Following the completion of the transaction, the chief financial officer owned 114,642 shares of the company’s stock, valued at $31,492,157.40. This trade represents a 1.71% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 31,386 shares of company stock valued at $8,461,716 in the last three months. 0.22% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

UNP has been the subject of several recent analyst reports. TD Cowen increased their price objective on shares of Union Pacific from $256.00 to $282.00 and gave the company a “buy” rating in a report on Friday, April 24th. BMO Capital Markets reissued a “market perform” rating and set a $285.00 target price (up from $278.00) on shares of Union Pacific in a report on Friday, April 24th. Weiss Ratings upgraded Union Pacific from a “buy (b-)” rating to a “buy (b)” rating in a research report on Tuesday, April 21st. Royal Bank Of Canada reaffirmed an “outperform” rating and set a $289.00 price target (up from $273.00) on shares of Union Pacific in a research note on Friday, April 24th. Finally, Evercore reiterated an “outperform” rating and set a $277.00 price target on shares of Union Pacific in a research report on Friday, April 24th. One analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and eight have given a Hold rating to the company. Based on data from MarketBeat, Union Pacific has a consensus rating of “Moderate Buy” and a consensus target price of $280.47.

Union Pacific 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.