Capitolis Liquid Global Markets LLC Cuts Stock Holdings in Union Pacific Corporation $UNP

Capitolis Liquid Global Markets LLC lowered its stake in shares of Union Pacific Corporation (NYSE:UNP) by 12.9% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 230,000 shares of the railroad operator’s stock after selling 34,000 shares during the period. Capitolis Liquid Global Markets LLC’s holdings in Union Pacific were worth $53,204,000 at the end of the most recent reporting period.

A number of other large investors also recently bought and sold shares of the stock. Magellan Asset Management Ltd purchased a new position in shares of Union Pacific in the 3rd quarter valued at $69,343,000. Jefferies Financial Group Inc. raised its stake in shares of Union Pacific by 1,581.2% in the 3rd quarter. Jefferies Financial Group Inc. now owns 232,000 shares of the railroad operator’s stock valued at $54,838,000 after acquiring an additional 218,200 shares during the period. North Dakota State Investment Board purchased a new position in shares of Union Pacific in the 4th quarter valued at $4,746,000. First National Bank of Omaha raised its stake in shares of Union Pacific by 35.8% in the 4th quarter. First National Bank of Omaha now owns 54,635 shares of the railroad operator’s stock valued at $12,665,000 after acquiring an additional 14,399 shares during the period. Finally, Avanza Fonder AB purchased a new position in Union Pacific in the fourth quarter valued at about $1,449,000. Hedge funds and other institutional investors own 80.38% of the company’s stock.

Insider Buying and Selling

In other Union Pacific news, CFO Jennifer L. Hamann sold 2,000 shares of Union Pacific stock in a transaction that occurred on Friday, April 24th. The stock was sold at an average price of $274.70, for a total transaction of $549,400.00. Following the sale, the chief financial officer directly owned 114,642 shares in the company, valued at $31,492,157.40. The trade was a 1.71% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Eric J. Gehringer sold 2,991 shares of the company’s stock in a transaction that occurred on Wednesday, June 3rd. The shares were sold at an average price of $263.96, for a total value of $789,504.36. Following the completion of the transaction, 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 ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders have sold 34,377 shares of company stock valued at $9,251,221. Corporate insiders own 0.22% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research analysts have commented on the company. Sanford C. Bernstein boosted their price objective on Union Pacific from $289.00 to $293.00 and gave the stock an “outperform” rating in a research note on Tuesday, March 31st. JPMorgan Chase & Co. raised their target price on Union Pacific from $267.00 to $275.00 and gave the company a “neutral” rating in a report on Friday, April 24th. TD Cowen boosted 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. UBS Group reissued a “neutral” rating and set a $274.00 price target (up from $253.00) on shares of Union Pacific in a research report on Friday, April 24th. Finally, Robert W. Baird set a $311.00 price target on Union Pacific and gave the stock an “outperform” rating in a research report on Friday, March 6th. One 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 MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $282.21.

Union Pacific Stock Performance

Union Pacific stock opened at $257.61 on Thursday. The stock’s 50 day moving average price is $263.39 and its 200 day moving average price is $249.57. The firm has a market capitalization of $152.94 billion, a PE ratio of 21.22, a price-to-earnings-growth ratio of 2.83 and a beta of 0.97. 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 $279.70.

Union Pacific (NYSE:UNP) last released its quarterly earnings results on Thursday, April 23rd. The railroad operator reported $2.93 EPS for the quarter, topping the consensus estimate of $2.86 by $0.07. The firm had revenue of $6.22 billion for 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%.Union Pacific’s revenue for the quarter was up 3.2% on a year-over-year basis. During the same period in the previous year, the company posted $2.70 EPS. As a group, sell-side analysts expect that Union Pacific Corporation will post 12.55 EPS for the current fiscal year.

Union Pacific Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, June 30th. Investors of record on Friday, May 29th will be given a dividend of $1.38 per share. The ex-dividend date of this dividend is Friday, May 29th. This represents a $5.52 annualized dividend and a yield of 2.1%. 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.