Union Pacific Corporation $UNP Shares Acquired by Global Retirement Partners LLC

Global Retirement Partners LLC grew its holdings in Union Pacific Corporation (NYSE:UNP) by 23.0% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 26,665 shares of the railroad operator’s stock after buying an additional 4,982 shares during the quarter. Global Retirement Partners LLC’s holdings in Union Pacific were worth $6,168,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of UNP. Rachor Investment Advisory Services LLC acquired a new stake in shares of Union Pacific in the fourth quarter valued at about $25,000. Tucker Asset Management LLC acquired a new stake in shares of Union Pacific in the fourth quarter valued at about $25,000. High Point Wealth Management LLC acquired a new stake in shares of Union Pacific in the fourth quarter valued at about $26,000. Caitlin John LLC acquired a new stake in shares of Union Pacific in the third quarter valued at about $27,000. Finally, Saranac Partners Ltd acquired a new stake in shares of Union Pacific in the third quarter valued at about $27,000. 80.38% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In related news, EVP Eric J. Gehringer sold 1,999 shares of Union Pacific stock in a transaction that occurred on Friday, March 20th. The shares were sold at an average price of $234.93, for a total value of $469,625.07. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, EVP Kenyatta G. Rocker sold 27,387 shares of Union Pacific stock in a transaction that occurred on Friday, April 24th. The stock was sold at an average price of $271.76, for a total transaction of $7,442,691.12. Following the completion of the transaction, 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. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 31,386 shares of company stock worth $8,461,716 over the last 90 days. 0.22% of the stock is owned by insiders.

Union Pacific Trading Down 0.1%

NYSE UNP opened at $265.60 on Friday. The firm has a 50 day simple moving average of $253.50 and a 200-day simple moving average of $243.67. The company has a debt-to-equity ratio of 1.53, a quick ratio of 0.73 and a current ratio of 0.92. Union Pacific Corporation has a one year low of $210.84 and a one year high of $276.40. The firm has a market cap of $157.69 billion, a price-to-earnings ratio of 21.88, a PEG ratio of 2.82 and a beta of 0.99.

Union Pacific (NYSE:UNP) last posted 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. Union Pacific had a net margin of 29.20% and a return on equity of 39.58%. The business had revenue of $6.22 billion during the quarter, compared to analyst estimates of $6.12 billion. During the same quarter last year, the firm posted $2.70 earnings per share. The business’s revenue for the quarter was up 3.2% compared to the same quarter last year. Equities research analysts anticipate that Union Pacific Corporation will post 12.53 EPS for the current fiscal year.

Union Pacific Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, June 30th. Investors of record on Friday, May 29th will be paid a $1.38 dividend. The ex-dividend date is Friday, May 29th. This represents a $5.52 dividend on an annualized basis and a yield of 2.1%. Union Pacific’s payout ratio is currently 45.47%.

Analyst Upgrades and Downgrades

Several equities research analysts recently issued reports on the stock. Weiss Ratings upgraded shares of Union Pacific from a “buy (b-)” rating to a “buy (b)” rating in a research report on Tuesday, April 21st. BMO Capital Markets restated a “market perform” rating and set a $285.00 price objective (up from $278.00) on shares of Union Pacific in a research report on Friday, April 24th. Wells Fargo & Company restated an “overweight” rating and set a $300.00 price objective (up from $260.00) on shares of Union Pacific in a research report on Friday, April 24th. Evercore restated an “outperform” rating and set a $277.00 price objective on shares of Union Pacific in a research report on Friday, April 24th. Finally, JPMorgan Chase & Co. raised their price objective on shares of Union Pacific from $267.00 to $275.00 and gave the stock a “neutral” rating in a research report on Friday, April 24th. One equities research analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating and eight have issued a Hold rating to the company. According to data from MarketBeat.com, the stock presently 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.