Union Pacific Corporation $UNP Shares Bought by Natixis Advisors LLC

Natixis Advisors LLC grew its stake in shares of Union Pacific Corporation (NYSE:UNP) by 7.9% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 554,818 shares of the railroad operator’s stock after acquiring an additional 40,521 shares during the period. Natixis Advisors LLC’s holdings in Union Pacific were worth $128,340,000 at the end of the most recent quarter.

Several other hedge funds also recently added to or reduced their stakes in the stock. Vanguard Group Inc. grew its holdings in Union Pacific by 1.1% during the 4th quarter. Vanguard Group Inc. now owns 59,329,262 shares of the railroad operator’s stock worth $13,724,045,000 after acquiring an additional 659,378 shares in the last quarter. Geode Capital Management LLC grew its holdings in Union Pacific by 2.0% during the 4th quarter. Geode Capital Management LLC now owns 15,360,668 shares of the railroad operator’s stock worth $3,552,550,000 after acquiring an additional 296,814 shares in the last quarter. Capital World Investors grew its holdings in Union Pacific by 193.3% during the 3rd quarter. Capital World Investors now owns 10,481,043 shares of the railroad operator’s stock worth $2,477,404,000 after acquiring an additional 6,908,016 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its holdings in 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 acquiring an additional 3,861,636 shares in the last quarter. Finally, Capital Research Global Investors grew its holdings 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 worth $2,059,538,000 after acquiring an additional 4,244,226 shares in the last quarter. 80.38% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other Union Pacific news, EVP Eric J. Gehringer sold 1,999 shares of the business’s stock in a transaction dated Friday, March 20th. The shares were sold at an average price of $234.93, for a total transaction of $469,625.07. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, EVP Kenyatta G. Rocker sold 27,387 shares of the business’s stock in a transaction dated 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 sale, the executive vice president owned 61,102 shares in the company, valued at $16,605,079.52. This trade represents a 30.95% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders have sold 31,386 shares of company stock worth $8,461,716. 0.22% of the stock is owned by corporate insiders.

Analyst Ratings Changes

Several brokerages have weighed in on UNP. Weiss Ratings raised shares of Union Pacific from a “buy (b-)” rating to a “buy (b)” rating in a report on Tuesday, April 21st. Wells Fargo & Company reissued an “overweight” rating and set a $300.00 price objective (up from $260.00) 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. Benchmark raised their price objective on shares of Union Pacific from $275.00 to $300.00 and gave the stock a “buy” rating in a report on Friday, April 24th. Finally, Citigroup reissued a “buy” rating and set a $307.00 price objective (up from $285.00) on shares of Union Pacific in a 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 assigned a Hold rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $280.47.

Union Pacific Trading Up 0.5%

Shares of NYSE:UNP opened at $264.91 on Wednesday. The company has a market cap of $157.28 billion, a PE ratio of 21.82, a P/E/G ratio of 2.80 and a beta of 0.97. The company’s 50-day moving average price is $257.15 and its 200 day moving average price is $245.98. Union Pacific Corporation has a fifty-two week low of $210.84 and a fifty-two 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.

Union Pacific (NYSE:UNP) last issued its quarterly earnings data on Thursday, April 23rd. The railroad operator reported $2.93 earnings per share for the quarter, beating the consensus estimate of $2.86 by $0.07. The firm had revenue of $6.22 billion for the quarter, compared to the consensus estimate 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 last year, the firm posted $2.70 EPS. Sell-side analysts anticipate that Union Pacific Corporation will post 12.53 earnings per share for the current year.

Union Pacific Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, June 30th. Shareholders 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 payout ratio is 45.47%.

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.