Karras Company Inc. Purchases New Stake in Union Pacific Corporation $UNP

Karras Company Inc. purchased a new stake in Union Pacific Corporation (NYSE:UNP) in the 4th quarter, HoldingsChannel.com reports. The fund purchased 2,185 shares of the railroad operator’s stock, valued at approximately $505,000.

Several other hedge funds and other institutional investors have also recently made changes to their positions in UNP. Rachor Investment Advisory Services LLC acquired a new stake in shares of Union Pacific in the fourth quarter valued at approximately $25,000. Tucker Asset Management LLC acquired a new stake in shares of Union Pacific in the fourth quarter valued at approximately $25,000. High Point Wealth Management LLC acquired a new stake in shares of Union Pacific in the fourth quarter valued at approximately $26,000. Caitlin John LLC acquired a new stake in shares of Union Pacific in the third quarter valued at approximately $27,000. Finally, Saranac Partners Ltd acquired a new stake in shares of Union Pacific in the third quarter valued at approximately $27,000. Institutional investors and hedge funds own 80.38% of the company’s stock.

Insider Transactions at Union Pacific

In other news, EVP Eric J. Gehringer sold 1,999 shares of the firm’s stock in a transaction on Friday, March 20th. The stock was sold at an average price of $234.93, for a total transaction of $469,625.07. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP Kenyatta G. Rocker sold 27,387 shares of the firm’s stock in a transaction 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 transaction, the executive vice president owned 61,102 shares of the company’s stock, valued at approximately $16,605,079.52. This represents a 30.95% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 31,386 shares of company stock worth $8,461,716 over the last ninety days. Company insiders own 0.22% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities research analysts recently commented on the company. Robert W. Baird set a $311.00 price target on Union Pacific and gave the company an “outperform” rating in a report on Friday, March 6th. UBS Group reaffirmed a “neutral” rating and issued a $274.00 price target (up from $253.00) on shares of Union Pacific in a report on Friday, April 24th. The Goldman Sachs Group reiterated a “neutral” rating and issued a $267.00 price objective on shares of Union Pacific in a research report on Tuesday, January 27th. Citigroup reiterated a “buy” rating and issued a $307.00 price objective (up from $285.00) on shares of Union Pacific in a research report on Friday, April 24th. Finally, TD Cowen increased their price objective on Union Pacific from $256.00 to $282.00 and gave the stock a “buy” rating in a research report on Friday, April 24th. One analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating and eight have issued a Hold rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $280.47.

Union Pacific Trading Up 0.1%

Shares of Union Pacific stock opened at $265.65 on Friday. Union Pacific Corporation has a fifty-two week low of $210.84 and a fifty-two week high of $276.40. The stock has a 50 day moving average of $253.79 and a 200 day moving average of $243.82. The firm has a market capitalization of $157.72 billion, a price-to-earnings ratio of 21.88, a PEG ratio of 2.82 and a beta of 0.99. 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 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. 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 analyst estimates of $6.12 billion. During the same period last year, the business posted $2.70 earnings per share. The company’s quarterly revenue was up 3.2% on a year-over-year basis. As a group, research analysts predict that Union Pacific Corporation will post 12.53 earnings per share for the current year.

Union Pacific Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, June 30th. Stockholders of record on Friday, May 29th will be given a dividend of $1.38 per share. This represents a $5.52 annualized dividend and a dividend yield of 2.1%. The ex-dividend date is Friday, May 29th. Union Pacific’s dividend payout ratio (DPR) is currently 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.