Danica Pension Livsforsikringsaktieselskab Acquires New Shares in Union Pacific Corporation $UNP

Danica Pension Livsforsikringsaktieselskab bought a new stake in shares of Union Pacific Corporation (NYSE:UNP) during the 1st quarter, HoldingsChannel reports. The firm bought 25,069 shares of the railroad operator’s stock, valued at approximately $6,082,000.

A number of other institutional investors and hedge funds have also modified their holdings of UNP. Tucker Asset Management LLC bought a new position in shares of Union Pacific during the fourth quarter valued at $25,000. SWAN Capital LLC boosted its position in shares of Union Pacific by 2,575.0% during the fourth quarter. SWAN Capital LLC now owns 107 shares of the railroad operator’s stock valued at $25,000 after buying an additional 103 shares during the last quarter. Rachor Investment Advisory Services LLC bought a new stake in Union Pacific in the 4th quarter worth about $25,000. High Point Wealth Management LLC bought a new stake in Union Pacific in the 4th quarter worth about $26,000. Finally, Scarborough Advisors LLC purchased a new position in Union Pacific in the 1st quarter worth about $27,000. Institutional investors own 80.38% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms have issued reports on UNP. BMO Capital Markets restated a “market perform” rating and set a $285.00 target price (up from $278.00) on shares of Union Pacific in a research note on Friday, April 24th. Benchmark reiterated a “buy” rating and issued a $325.00 price target (up from $300.00) on shares of Union Pacific in a research note on Wednesday, July 15th. Raymond James Financial reissued a “strong-buy” rating on shares of Union Pacific in a report on Monday, July 13th. Sanford C. Bernstein increased their price objective on shares of Union Pacific from $289.00 to $293.00 and gave the company an “outperform” rating in a research report on Tuesday, March 31st. Finally, Citigroup began coverage on shares of Union Pacific in a research report on Wednesday, July 15th. They issued an “outperform” rating for the company. Two research analysts have rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and seven have issued a Hold rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $299.11.

Union Pacific Stock Down 0.3%

UNP stock opened at $292.15 on Thursday. The company has a market cap of $173.45 billion, a price-to-earnings ratio of 24.06, a P/E/G ratio of 3.07 and a beta of 0.96. The company has a debt-to-equity ratio of 1.53, a quick ratio of 0.73 and a current ratio of 0.92. The business’s 50-day moving average is $273.68 and its two-hundred day moving average is $257.46. Union Pacific Corporation has a fifty-two week low of $210.84 and a fifty-two week high of $303.15.

Union Pacific (NYSE:UNP) last released its quarterly earnings results on Thursday, April 23rd. The railroad operator reported $2.93 earnings per share (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 business had revenue of $6.22 billion during the quarter, compared to the consensus estimate of $6.12 billion. During the same period in the previous year, the company posted $2.70 EPS. The business’s quarterly revenue was up 3.2% compared to the same quarter last year. As a group, analysts forecast that Union Pacific Corporation will post 12.62 earnings per share for the current year.

Union Pacific Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Investors of record on Friday, May 29th were issued a $1.38 dividend. The ex-dividend date of this dividend was Friday, May 29th. This represents a $5.52 dividend on an annualized basis and a dividend yield of 1.9%. Union Pacific’s dividend payout ratio (DPR) is presently 45.47%.

More Union Pacific News

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

• Positive Sentiment: Union Pacific and CN announced a binding agreement tied to Union Pacific’s proposed Norfolk Southern merger, including expanded operating rights in Chicago and new access routes that could improve network efficiency and customer service. The deal may help support regulatory approval by addressing competitive access concerns and could create longer-term synergies if the merger goes through. Union Pacific and CN Reach Agreement to Expand Customer Opportunities in Connection with Merger
• Positive Sentiment: The agreement also gives Union Pacific expanded operating rights over CN’s EJ&E corridor in Chicago, which CEO Jim Vena said offers a faster route around the city and may improve rail flow, reliability, and operating efficiency. Union Pacific and CN Announce Agreement to Improve North American Rail Connectivity
• Neutral Sentiment: CN will not oppose the proposed Union Pacific-Norfolk Southern transaction and both companies will work through the Surface Transportation Board process, leaving some execution and approval risk until regulators make a decision. Union Pacific and CN Announce Agreement to Improve North American Rail Connectivity
• Neutral Sentiment: Union Pacific is also due to report second-quarter earnings, which may keep investor focus on whether the company can back up the merger optimism with solid near-term financial results. Union Pacific to post Q2 earnings amid merger push

Insider Buying and Selling at Union Pacific

In other 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 transaction of $7,442,691.12. Following the transaction, 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 position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, EVP Eric J. Gehringer sold 2,991 shares of the business’s stock in a transaction on Wednesday, June 3rd. The shares were sold at an average price of $263.96, for a total transaction of $789,504.36. Following the sale, the executive vice president directly owned 43,012 shares of the company’s stock, valued at approximately $11,353,447.52. The trade was a 6.50% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders sold 32,378 shares of company stock valued at $8,781,595. Insiders own 0.22% of the company’s stock.

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.