Union Pacific Corporation $UNP Shares Sold by Arrowstreet Capital Limited Partnership

Arrowstreet Capital Limited Partnership trimmed its holdings in shares of Union Pacific Corporation (NYSE:UNP) by 3.5% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 3,236,736 shares of the railroad operator’s stock after selling 118,306 shares during the quarter. Arrowstreet Capital Limited Partnership’s holdings in Union Pacific were worth $748,722,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. Rosenblum Silverman Sutton S F Inc. CA lifted its position in Union Pacific by 3.7% during the fourth quarter. Rosenblum Silverman Sutton S F Inc. CA now owns 1,221 shares of the railroad operator’s stock valued at $282,000 after buying an additional 43 shares in the last quarter. Stephens Consulting LLC lifted its position in Union Pacific by 48.4% during the fourth quarter. Stephens Consulting LLC now owns 135 shares of the railroad operator’s stock valued at $31,000 after buying an additional 44 shares in the last quarter. Macroview Investment Management LLC lifted its position in Union Pacific by 3.4% during the fourth quarter. Macroview Investment Management LLC now owns 1,349 shares of the railroad operator’s stock valued at $312,000 after buying an additional 44 shares in the last quarter. Prestige Wealth Management Group LLC lifted its position in Union Pacific by 1.4% during the third quarter. Prestige Wealth Management Group LLC now owns 3,186 shares of the railroad operator’s stock valued at $753,000 after buying an additional 45 shares in the last quarter. Finally, U.S. Capital Wealth Advisors LLC lifted its position in Union Pacific by 0.9% during the fourth quarter. U.S. Capital Wealth Advisors LLC now owns 4,988 shares of the railroad operator’s stock valued at $1,154,000 after buying an additional 45 shares in the last quarter. 80.38% of the stock is owned by institutional investors and hedge funds.

Union Pacific Trading Up 1.5%

UNP opened at $272.37 on Friday. The firm has a market capitalization of $161.71 billion, a P/E ratio of 22.44, a P/E/G ratio of 2.89 and a beta of 0.97. The firm’s 50 day moving average is $262.23 and its 200-day moving average is $248.69. Union Pacific Corporation has a 52-week low of $210.84 and a 52-week high of $279.70. The company has a quick ratio of 0.73, a current ratio of 0.92 and a debt-to-equity ratio of 1.53.

Union Pacific (NYSE:UNP) last posted its quarterly earnings data 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. The company had revenue of $6.22 billion for the quarter, compared to analyst estimates of $6.12 billion. Union Pacific had a net margin of 29.20% and a return on equity of 39.58%. The business’s quarterly revenue was up 3.2% on a year-over-year basis. During the same quarter last year, the firm posted $2.70 earnings per share. 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 paid a $1.38 dividend. This represents a $5.52 dividend on an annualized basis and a dividend yield of 2.0%. The ex-dividend date is Friday, May 29th. Union Pacific’s payout ratio is 45.47%.

Analyst Ratings Changes

A number of analysts have recently issued reports on the stock. Sanford C. Bernstein lifted their price objective on shares of Union Pacific from $289.00 to $293.00 and gave the company an “outperform” rating in a research note on Tuesday, March 31st. Wells Fargo & Company reiterated an “overweight” rating and set a $300.00 price objective (up from $260.00) on shares of Union Pacific in a research note on Friday, April 24th. UBS Group reiterated a “neutral” rating and set a $274.00 price objective (up from $253.00) on shares of Union Pacific in a research note on Friday, April 24th. Raymond James Financial set a $310.00 price objective on shares of Union Pacific in a research note on Friday, April 24th. Finally, Weiss Ratings upgraded shares of Union Pacific from a “buy (b-)” rating to a “buy (b)” rating in a research note on Tuesday, April 21st. One equities research analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating and eight have assigned a Hold rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $282.21.

Insider Buying and Selling

In related 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 value of $7,442,691.12. Following the completion of the sale, the executive vice president owned 61,102 shares in the company, valued at approximately $16,605,079.52. The trade was a 30.95% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, CFO Jennifer L. Hamann sold 2,000 shares of Union Pacific stock in a transaction 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 completion of the sale, the chief financial officer owned 114,642 shares of the company’s stock, valued at approximately $31,492,157.40. This trade represents a 1.71% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders sold 34,377 shares of company stock worth $9,251,221. 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.