PBU The Pension Fund of Early Childhood & Youth Educators Takes $11.03 Million Position in Union Pacific Corporation $UNP

PBU The Pension Fund of Early Childhood & Youth Educators acquired a new position in shares of Union Pacific Corporation (NYSE:UNP) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 47,693 shares of the railroad operator’s stock, valued at approximately $11,032,000.

A number of other institutional investors have also added to or reduced their stakes in the stock. Taylor Hoffman Capital Management LLC increased its stake in Union Pacific by 0.4% in the 4th quarter. Taylor Hoffman Capital Management LLC now owns 19,833 shares of the railroad operator’s stock worth $4,588,000 after purchasing an additional 73 shares during the period. Parallel Advisors LLC increased its stake in Union Pacific by 12.7% in the 4th quarter. Parallel Advisors LLC now owns 6,073 shares of the railroad operator’s stock worth $1,405,000 after purchasing an additional 686 shares during the period. Lifestyle Asset Management Inc. increased its stake in Union Pacific by 10.2% in the 4th quarter. Lifestyle Asset Management Inc. now owns 1,144 shares of the railroad operator’s stock worth $265,000 after purchasing an additional 106 shares during the period. Prestige Wealth Management Group LLC increased its stake in Union Pacific by 3.9% in the 4th quarter. Prestige Wealth Management Group LLC now owns 3,309 shares of the railroad operator’s stock worth $765,000 after purchasing an additional 123 shares during the period. Finally, Vise Technologies Inc. increased its stake in Union Pacific by 56.7% in the 4th quarter. Vise Technologies Inc. now owns 15,694 shares of the railroad operator’s stock worth $3,630,000 after purchasing an additional 5,681 shares during the period. Hedge funds and other institutional investors own 80.38% of the company’s stock.

Insiders Place Their Bets

In other Union Pacific news, EVP Eric J. Gehringer sold 2,991 shares of the business’s stock in a transaction that occurred on Wednesday, June 3rd. The stock was sold at an average price of $263.96, for a total transaction of $789,504.36. Following the completion of the sale, the executive vice president directly owned 43,012 shares in the company, valued at approximately $11,353,447.52. The trade was a 6.50% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CFO Jennifer L. Hamann sold 2,000 shares of the business’s stock in a transaction that occurred on Friday, April 24th. The stock was sold at an average price of $274.70, for a total value of $549,400.00. Following the transaction, the chief financial officer owned 114,642 shares in the company, valued at approximately $31,492,157.40. This represents a 1.71% 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 sold 34,377 shares of company stock worth $9,251,221. Corporate insiders own 0.22% of the company’s stock.

Wall Street Analysts Forecast Growth

UNP has been the topic of several analyst reports. Wells Fargo & Company reissued an “overweight” rating and issued a $300.00 target price (up from $260.00) on shares of Union Pacific in a report on Friday, April 24th. BMO Capital Markets reissued a “market perform” rating and issued a $285.00 target price (up from $278.00) on shares of Union Pacific in a report on Friday, April 24th. Royal Bank Of Canada reissued an “outperform” rating and issued a $289.00 target price (up from $273.00) on shares of Union Pacific in a report on Friday, April 24th. TD Cowen upped their price target on Union Pacific from $256.00 to $282.00 and gave the stock a “buy” rating in a research report on Friday, April 24th. Finally, UBS Group reaffirmed a “neutral” rating and issued 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 assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $282.21.

Union Pacific Stock Performance

Shares of UNP opened at $272.28 on Friday. The stock has a 50-day moving average of $259.32 and a two-hundred day moving average of $247.03. The stock has a market cap of $161.66 billion, a P/E ratio of 22.43, a P/E/G ratio of 2.80 and a beta of 0.97. Union Pacific Corporation has a one year low of $210.84 and a one year high of $279.70. 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 (NYSE:UNP) last released its quarterly earnings data on Thursday, April 23rd. The railroad operator reported $2.93 earnings per share for the quarter, beating analysts’ consensus estimates 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 return on equity of 39.58% and a net margin of 29.20%.The company’s revenue was up 3.2% on a year-over-year basis. During the same quarter last year, the business posted $2.70 EPS. As a group, research analysts predict that Union Pacific Corporation will post 12.53 EPS for the current year.

Union Pacific Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 30th. Shareholders of record on Friday, May 29th will be paid a dividend of $1.38 per share. This represents a $5.52 annualized dividend and a yield of 2.0%. The ex-dividend date is Friday, May 29th. Union Pacific’s payout ratio is 45.47%.

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.