Securian Asset Management Inc. trimmed its position in Union Pacific Corporation (NYSE:UNP – Free Report) by 43.7% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 16,129 shares of the railroad operator’s stock after selling 12,511 shares during the period. Securian Asset Management Inc.’s holdings in Union Pacific were worth $3,731,000 as of its most recent filing with the Securities & Exchange Commission.
Several other institutional investors also recently bought and sold shares of the company. Midwest Trust Co lifted its stake in shares of Union Pacific by 2.8% during the third quarter. Midwest Trust Co now owns 281,036 shares of the railroad operator’s stock worth $66,428,000 after buying an additional 7,759 shares during the period. Thrivent Financial for Lutherans lifted its stake in shares of Union Pacific by 15.1% during the third quarter. Thrivent Financial for Lutherans now owns 135,188 shares of the railroad operator’s stock worth $31,955,000 after buying an additional 17,696 shares during the period. Bessemer Group Inc. lifted its stake in shares of Union Pacific by 29.6% during the third quarter. Bessemer Group Inc. now owns 653,589 shares of the railroad operator’s stock worth $154,488,000 after buying an additional 149,158 shares during the period. AustralianSuper Pty Ltd acquired a new stake in shares of Union Pacific during the third quarter worth $802,000. Finally, Berman McAleer LLC acquired a new stake in shares of Union Pacific during the third quarter worth $1,036,000. 80.38% of the stock is currently owned by institutional investors and hedge funds.
Insider Buying and Selling at Union Pacific
In other Union Pacific news, EVP Kenyatta G. Rocker sold 27,387 shares of Union Pacific stock in a transaction on 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 transaction, the executive vice president owned 61,102 shares of the company’s stock, valued at approximately $16,605,079.52. The trade was a 30.95% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, CFO Jennifer L. Hamann sold 2,000 shares of Union Pacific stock in a transaction on Friday, April 24th. The shares were 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. The trade was a 1.71% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders sold 31,386 shares of company stock valued at $8,461,716. Corporate insiders own 0.22% of the company’s stock.
Union Pacific Trading Down 0.1%
Union Pacific (NYSE:UNP – Get Free Report) last issued its earnings results on Thursday, April 23rd. The railroad operator reported $2.93 earnings per share (EPS) for the quarter, topping 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 firm had revenue of $6.22 billion during the quarter, compared to analysts’ expectations of $6.12 billion. During the same quarter last year, the company posted $2.70 earnings per share. The firm’s revenue was up 3.2% compared to the same quarter last year. Equities research analysts predict that Union Pacific Corporation will post 12.53 earnings per share for the current year.
Analyst Ratings Changes
Several research firms have recently commented on UNP. TD Cowen lifted their price objective on shares of Union Pacific from $256.00 to $282.00 and gave the stock a “buy” rating in a research note on Friday, April 24th. Citigroup reiterated 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. Raymond James Financial set a $310.00 price objective on shares of Union Pacific in a research note on Friday, April 24th. The Goldman Sachs Group reissued a “neutral” rating and set a $267.00 target price on shares of Union Pacific in a report on Tuesday, January 27th. Finally, Sanford C. Bernstein raised their target price on shares of Union Pacific from $289.00 to $293.00 and gave the stock an “outperform” rating in a report on Tuesday, March 31st. One equities research analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating and eight have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $279.55.
Get Our Latest Stock Report on UNP
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.
See Also
- Five stocks we like better than Union Pacific
- Beyond NVIDIA: Picks-and-Shovels AI Plays with Strong Momentum
- Quantum Earnings Season Is Ramping Up—What to Watch From 2 Major Players
- Flutter Sees Post-Earnings Boost as FanDuel Shows Signs of Recovery
- 3 Healthcare Stocks Set to Benefit From the One Big Beautiful Bill
Want to see what other hedge funds are holding UNP? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Union Pacific Corporation (NYSE:UNP – Free Report).
Receive News & Ratings for Union Pacific Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Union Pacific and related companies with MarketBeat.com's FREE daily email newsletter.
