OMERS ADMINISTRATION Corp Has $164.35 Million Holdings in Union Pacific Corporation $UNP

OMERS ADMINISTRATION Corp cut its stake in Union Pacific Corporation (NYSE:UNP) by 12.4% in the fourth quarter, Holdings Channel.com reports. The firm owned 710,479 shares of the railroad operator’s stock after selling 100,937 shares during the quarter. Union Pacific makes up approximately 1.2% of OMERS ADMINISTRATION Corp’s investment portfolio, making the stock its 26th largest position. OMERS ADMINISTRATION Corp’s holdings in Union Pacific were worth $164,348,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. Rosenblum Silverman Sutton S F Inc. CA boosted its stake in Union Pacific by 3.7% in the 4th quarter. Rosenblum Silverman Sutton S F Inc. CA now owns 1,221 shares of the railroad operator’s stock worth $282,000 after purchasing an additional 43 shares during the period. Stephens Consulting LLC boosted its stake in Union Pacific by 48.4% in the 4th quarter. Stephens Consulting LLC now owns 135 shares of the railroad operator’s stock worth $31,000 after purchasing an additional 44 shares during the period. Macroview Investment Management LLC boosted its stake in Union Pacific by 3.4% in the 4th quarter. Macroview Investment Management LLC now owns 1,349 shares of the railroad operator’s stock worth $312,000 after purchasing an additional 44 shares during the period. Prestige Wealth Management Group LLC boosted its stake in Union Pacific by 1.4% in the 3rd quarter. Prestige Wealth Management Group LLC now owns 3,186 shares of the railroad operator’s stock worth $753,000 after purchasing an additional 45 shares during the period. Finally, U.S. Capital Wealth Advisors LLC boosted its stake in Union Pacific by 0.9% in the 4th quarter. U.S. Capital Wealth Advisors LLC now owns 4,988 shares of the railroad operator’s stock worth $1,154,000 after purchasing an additional 45 shares during the period. 80.38% of the stock is owned by institutional investors and hedge funds.

Union Pacific Stock Down 1.9%

Shares of UNP stock opened at $267.54 on Tuesday. 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 firm’s 50-day moving average is $262.69 and its 200-day moving average is $249.13. The stock has a market cap of $158.84 billion, a price-to-earnings ratio of 22.04, a PEG ratio of 2.89 and a beta of 0.97. Union Pacific Corporation has a 52-week low of $210.84 and a 52-week high of $279.70.

Union Pacific (NYSE:UNP) last issued its earnings results on Thursday, April 23rd. The railroad operator reported $2.93 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.86 by $0.07. The company had revenue of $6.22 billion for the quarter, compared to analysts’ expectations 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 period in the prior year, the firm earned $2.70 EPS. Sell-side analysts predict that Union Pacific Corporation will post 12.55 EPS for the current year.

Union Pacific Announces Dividend

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 dividend on an annualized basis 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%.

Wall Street Analysts Forecast Growth

UNP has been the subject of a number of recent research reports. Raymond James Financial set a $310.00 price objective on shares of Union Pacific in a research note on Friday, April 24th. Benchmark increased their price objective on shares of Union Pacific from $275.00 to $300.00 and gave the stock a “buy” rating in a research note on Friday, April 24th. Citigroup restated a “buy” rating and set a $307.00 price objective (up from $285.00) on shares of Union Pacific in a research note on Friday, April 24th. Royal Bank Of Canada restated an “outperform” rating and set a $289.00 price objective (up from $273.00) on shares of Union Pacific in a research note on Friday, April 24th. Finally, UBS Group restated a “neutral” rating and set a $274.00 price objective (up from $253.00) on shares of Union Pacific in a research note on Friday, April 24th. One 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. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $282.21.

Insider Activity

In other news, 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 value of $549,400.00. Following the sale, the chief financial officer directly owned 114,642 shares of the company’s stock, valued at approximately $31,492,157.40. This represents a 1.71% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, 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 directly owned 61,102 shares in the company, valued at approximately $16,605,079.52. The trade was a 30.95% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last ninety days, insiders have sold 34,377 shares of company stock valued at $9,251,221. 0.22% of the stock is owned by company insiders.

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.