Modera Wealth Management LLC Has $3.26 Million Stock Position in Union Pacific Corporation $UNP

Modera Wealth Management LLC raised its position in Union Pacific Corporation (NYSE:UNP) by 15.4% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 13,438 shares of the railroad operator’s stock after purchasing an additional 1,790 shares during the quarter. Modera Wealth Management LLC’s holdings in Union Pacific were worth $3,260,000 at the end of the most recent quarter.

Other hedge funds also recently bought and sold shares of the company. Key Financial Inc increased its holdings in Union Pacific by 2.1% in the first quarter. Key Financial Inc now owns 1,821 shares of the railroad operator’s stock worth $442,000 after buying an additional 38 shares during the last quarter. Members Trust Co raised its holdings in Union Pacific by 2.5% during the first quarter. Members Trust Co now owns 1,573 shares of the railroad operator’s stock valued at $382,000 after buying an additional 38 shares in the last quarter. EJMK Ventures LLC lifted its holdings in Union Pacific by 4.0% in the 1st quarter. EJMK Ventures LLC now owns 1,016 shares of the railroad operator’s stock worth $247,000 after purchasing an additional 39 shares during the last quarter. Rehmann Capital Advisory Group lifted its holdings in Union Pacific by 0.6% in the 4th quarter. Rehmann Capital Advisory Group now owns 6,637 shares of the railroad operator’s stock worth $1,535,000 after purchasing an additional 42 shares during the last quarter. Finally, Fairvoy Private Wealth LLC boosted its position in Union Pacific by 3.8% during the first quarter. Fairvoy Private Wealth LLC now owns 1,156 shares of the railroad operator’s stock worth $280,000 after purchasing an additional 42 shares during the period. 80.38% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In related news, 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 transaction of $7,442,691.12. Following the sale, the executive vice president owned 61,102 shares of the company’s stock, valued at approximately $16,605,079.52. This trade represents 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, CFO Jennifer L. Hamann sold 2,000 shares of Union Pacific stock in a transaction dated Friday, April 24th. The shares were sold at an average price of $274.70, for a total value of $549,400.00. Following the transaction, the chief financial officer owned 114,642 shares in the company, valued at $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. Insiders have sold 32,378 shares of company stock valued at $8,781,595 in the last 90 days. 0.22% of the stock is owned by insiders.

Union Pacific Trading Up 0.7%

UNP opened at $301.44 on Friday. The firm has a 50 day simple moving average of $271.93 and a 200 day simple moving average of $256.00. Union Pacific Corporation has a fifty-two week low of $210.84 and a fifty-two week high of $303.15. The company has a market cap of $178.96 billion, a price-to-earnings ratio of 24.83, a price-to-earnings-growth ratio of 3.16 and a beta of 0.96. The company has a debt-to-equity ratio of 1.53, a current ratio of 0.92 and a quick ratio of 0.73.

Union Pacific (NYSE:UNP) last announced 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. Union Pacific had a net margin of 29.20% and a return on equity of 39.58%. The firm had revenue of $6.22 billion for the quarter, compared to analysts’ expectations of $6.12 billion. During the same period last year, the firm earned $2.70 earnings per share. The business’s revenue for the quarter was up 3.2% on a year-over-year basis. On average, sell-side analysts anticipate that Union Pacific Corporation will post 12.62 earnings per share for the current year.

Union Pacific Dividend Announcement

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

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

Analyst Upgrades and Downgrades

Several research analysts recently commented on the stock. Stephens upgraded shares of Union Pacific to a “strong-buy” rating in a report on Wednesday, July 8th. Evercore reaffirmed an “outperform” rating and issued a $294.00 price target on shares of Union Pacific in a research report on Thursday, June 25th. TD Cowen upped their price target on Union Pacific from $256.00 to $282.00 and gave the stock a “buy” rating in a report on Friday, April 24th. Wells Fargo & Company boosted their price objective on Union Pacific from $300.00 to $315.00 and gave the company an “overweight” rating in a research report on Wednesday, July 8th. Finally, Royal Bank Of Canada restated an “outperform” rating and issued a $289.00 target price (up from $273.00) on shares of Union Pacific in a research note on Friday, April 24th. Two investment analysts have rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and seven have assigned a Hold rating to the company. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $299.11.

Union Pacific 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.