Dimensional Fund Advisors LP Has $894.85 Million Stock Position in Union Pacific Corporation $UNP

Dimensional Fund Advisors LP increased its stake in Union Pacific Corporation (NYSE:UNP) by 0.1% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 3,688,640 shares of the railroad operator’s stock after purchasing an additional 4,508 shares during the quarter. Dimensional Fund Advisors LP’s holdings in Union Pacific were worth $894,852,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently bought and sold shares of the company. Acadian Asset Management LLC grew its position in Union Pacific by 40.4% during the 1st quarter. Acadian Asset Management LLC now owns 2,312 shares of the railroad operator’s stock worth $546,000 after purchasing an additional 665 shares in the last quarter. Schnieders Capital Management LLC. boosted its position in shares of Union Pacific by 0.5% in the second quarter. Schnieders Capital Management LLC. now owns 20,606 shares of the railroad operator’s stock worth $4,741,000 after buying an additional 102 shares during the period. Main Street Financial Solutions LLC boosted its position in shares of Union Pacific by 1.6% in the second quarter. Main Street Financial Solutions LLC now owns 3,733 shares of the railroad operator’s stock worth $859,000 after buying an additional 58 shares during the period. HUB Investment Partners LLC grew its holdings in shares of Union Pacific by 10.0% during the second quarter. HUB Investment Partners LLC now owns 6,091 shares of the railroad operator’s stock valued at $1,401,000 after buying an additional 554 shares in the last quarter. Finally, Alliancebernstein L.P. grew its holdings in shares of Union Pacific by 7.4% during the second quarter. Alliancebernstein L.P. now owns 1,528,426 shares of the railroad operator’s stock valued at $351,660,000 after buying an additional 105,664 shares in the last quarter. 80.38% of the stock is owned by hedge funds and other institutional investors.

Trending Headlines about Union Pacific

Here are the key news stories impacting Union Pacific this week:

• Positive Sentiment: Union Pacific received the first rail from Rocky Mountain Steel’s new $1.2 billion Pueblo mill, kicking off a seven-year domestic supply contract that could improve rail-input reliability and support efficiency. Article Title
• Positive Sentiment: Several analysts remain constructive, with recent price-target increases and buy/outperform-style ratings helping reinforce expectations for stronger earnings and continued momentum. Article Title
• Positive Sentiment: Heading into Q2 results, earnings estimates have been rising as stronger freight demand may offset volume and supply-chain pressures, which could set up a positive catalyst if Union Pacific beats expectations. Article Title
• Neutral Sentiment: A valuation article said Union Pacific looks fairly valued on cash flow, suggesting the shares may be closer to intrinsic value than deeply discounted, which is less of a near-term trading catalyst. Article Title
• Negative Sentiment: Dan Loeb’s Third Point cut its Union Pacific stake by more than 90% while also slashing other railroad holdings, a move that may pressure sentiment around the sector amid merger uncertainty. Article Title

Insider Activity

In related news, EVP Kenyatta G. Rocker sold 27,387 shares of the business’s stock in a transaction that occurred on Friday, April 24th. The stock was sold at an average price of $271.76, for a total value of $7,442,691.12. Following the completion of the sale, 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 position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, EVP Eric J. Gehringer sold 2,991 shares of the stock in a transaction that occurred on Wednesday, June 3rd. The stock was 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 owned 43,012 shares in the company, valued at $11,353,447.52. This represents a 6.50% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 32,378 shares of company stock worth $8,781,595 in the last three months. 0.22% of the stock is owned by insiders.

Wall Street Analyst Weigh In

Several equities research analysts recently issued reports on UNP shares. JPMorgan Chase & Co. increased their price objective on Union Pacific from $275.00 to $304.00 and gave the stock a “neutral” rating in a research note on Friday, July 10th. Wells Fargo & Company lifted their target price on Union Pacific from $300.00 to $315.00 and gave the company an “overweight” rating in a research note on Wednesday, July 8th. Stephens upgraded Union Pacific to a “strong-buy” rating in a report on Wednesday, July 8th. Raymond James Financial reissued a “strong-buy” rating on shares of Union Pacific in a research report on Monday, July 13th. Finally, Sanford C. Bernstein raised their price target 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. Two analysts have rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and seven have given a Hold rating to the stock. Based on data from MarketBeat.com, Union Pacific presently has an average rating of “Moderate Buy” and a consensus target price of $299.11.

Union Pacific Price Performance

Shares of NYSE:UNP opened at $301.44 on Monday. The firm has a market cap of $178.96 billion, a price-to-earnings ratio of 24.83, a P/E/G ratio of 3.16 and a beta of 0.96. Union Pacific Corporation has a 1 year low of $210.84 and a 1 year high of $303.15. The company has a current ratio of 0.92, a quick ratio of 0.73 and a debt-to-equity ratio of 1.53. The business has a fifty day simple moving average of $271.93 and a 200 day simple moving average of $256.15.

Union Pacific (NYSE:UNP) last issued its earnings results on Thursday, April 23rd. The railroad operator reported $2.93 EPS for the quarter, beating analysts’ consensus estimates of $2.86 by $0.07. Union Pacific had a return on equity of 39.58% and a net margin of 29.20%.The firm had revenue of $6.22 billion for the quarter, compared to the consensus estimate of $6.12 billion. During the same quarter in the previous year, the company posted $2.70 earnings per share. The business’s quarterly revenue was up 3.2% compared to the same quarter last year. As a group, sell-side analysts predict that Union Pacific Corporation will post 12.62 earnings per share for the current fiscal year.

Union Pacific Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Friday, May 29th were issued a dividend of $1.38 per share. This represents a $5.52 annualized dividend and a dividend yield of 1.8%. The ex-dividend date was Friday, May 29th. Union Pacific’s payout ratio is currently 45.47%.

About Union Pacific

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.