Czech National Bank Raises Stock Position in Union Pacific Corporation $UNP

Czech National Bank raised its holdings in shares of Union Pacific Corporation (NYSE:UNP) by 4.6% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 168,993 shares of the railroad operator’s stock after acquiring an additional 7,386 shares during the quarter. Czech National Bank’s holdings in Union Pacific were worth $45,966,000 as of its most recent SEC filing.

Several other large investors have also made changes to their positions in UNP. Rachor Investment Advisory Services LLC purchased a new position in Union Pacific in the 4th quarter worth approximately $25,000. Tucker Asset Management LLC purchased a new stake in Union Pacific during the 4th quarter valued at approximately $25,000. SWAN Capital LLC grew its holdings in Union Pacific by 2,575.0% during the 4th quarter. SWAN Capital LLC now owns 107 shares of the railroad operator’s stock valued at $25,000 after buying an additional 103 shares in the last quarter. High Point Wealth Management LLC bought a new stake in shares of Union Pacific during the fourth quarter valued at approximately $26,000. Finally, Cornerstone Financial Management LLC bought a new stake in shares of Union Pacific during the fourth quarter valued at approximately $27,000. 80.38% of the stock is currently owned by hedge funds and other institutional investors.

Union Pacific Trading Down 0.0%

UNP stock opened at $295.41 on Friday. The stock has a market capitalization of $175.50 billion, a price-to-earnings ratio of 23.92, a price-to-earnings-growth ratio of 3.03 and a beta of 0.96. Union Pacific Corporation has a twelve month low of $210.84 and a twelve month high of $315.99. The firm’s fifty day simple moving average is $279.53 and its two-hundred day simple moving average is $262.62. The company has a quick ratio of 0.82, a current ratio of 0.99 and a debt-to-equity ratio of 1.40.

Union Pacific (NYSE:UNP) last announced its quarterly earnings data on Thursday, July 23rd. The railroad operator reported $3.41 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.26 by $0.15. Union Pacific had a net margin of 28.85% and a return on equity of 38.46%. The business had revenue of $6.86 billion during the quarter, compared to the consensus estimate of $6.72 billion. During the same quarter last year, the firm earned $3.03 earnings per share. The firm’s quarterly revenue was up 11.5% compared to the same quarter last year. As a group, analysts anticipate that Union Pacific Corporation will post 12.9 earnings per share for the current year.

Union Pacific Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, September 30th. Shareholders of record on Monday, August 31st will be given a dividend of $1.42 per share. This is a positive change from Union Pacific’s previous quarterly dividend of $1.38. The ex-dividend date of this dividend is Monday, August 31st. This represents a $5.68 dividend on an annualized basis and a yield of 1.9%. Union Pacific’s payout ratio is 44.70%.

Wall Street Analyst Weigh In

UNP has been the subject of several research analyst reports. The Goldman Sachs Group set a $317.00 target price on shares of Union Pacific and gave the company a “neutral” rating in a research note on Thursday, July 23rd. Bank of America increased their price objective on shares of Union Pacific from $301.00 to $334.00 and gave the company a “buy” rating in a report on Thursday, July 23rd. UBS Group reaffirmed a “neutral” rating and issued a $310.00 target price (up from $286.00) on shares of Union Pacific in a report on Friday, July 24th. Stephens raised Union Pacific to a “strong-buy” rating in a research note on Wednesday, July 8th. Finally, Robert W. Baird raised their price target on Union Pacific from $311.00 to $344.00 and gave the company an “outperform” rating in a report on Monday, July 27th. Two investment analysts have rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and seven have given a Hold rating to the company’s stock. Based on data from MarketBeat, Union Pacific has an average rating of “Moderate Buy” and an average target price of $320.89.

Insider Buying and Selling at Union Pacific

In related news, EVP Eric J. Gehringer sold 2,991 shares of the business’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 owned 43,012 shares of the company’s stock, valued at $11,353,447.52. The trade was a 6.50% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. 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.