Arbejdsmarkedets Tillaegspension Acquires New Stake in Union Pacific Corporation $UNP

Arbejdsmarkedets Tillaegspension bought a new stake in Union Pacific Corporation (NYSE:UNP) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 100,445 shares of the railroad operator’s stock, valued at approximately $23,235,000.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the company. Rachor Investment Advisory Services LLC bought a new stake in Union Pacific during the fourth quarter valued at $25,000. High Point Wealth Management LLC bought a new position in shares of Union Pacific in the 4th quarter worth about $26,000. Caitlin John LLC acquired a new position in shares of Union Pacific in the 3rd quarter valued at about $27,000. Saranac Partners Ltd acquired a new position in shares of Union Pacific in the 3rd quarter valued at about $27,000. Finally, Stephens Consulting LLC boosted its position in shares of Union Pacific by 48.4% during the 4th quarter. Stephens Consulting LLC now owns 135 shares of the railroad operator’s stock valued at $31,000 after purchasing an additional 44 shares in the last quarter. Institutional investors and hedge funds own 80.38% of the company’s stock.

Union Pacific Stock Up 0.5%

NYSE UNP opened at $270.58 on Friday. Union Pacific Corporation has a 1 year low of $210.84 and a 1 year high of $274.79. The stock has a market capitalization of $160.65 billion, a PE ratio of 22.29, a PEG ratio of 2.86 and a beta of 0.99. The business’s 50-day moving average is $252.29 and its 200 day moving average is $242.06. 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 earnings results on Thursday, April 23rd. The railroad operator reported $2.93 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.86 by $0.07. The firm had revenue of $6.22 billion during the quarter, compared to analyst estimates of $6.12 billion. Union Pacific had a return on equity of 39.58% and a net margin of 29.20%.The business’s revenue was up 3.2% compared to the same quarter last year. During the same quarter in the prior year, the company earned $2.70 EPS. Sell-side analysts forecast that Union Pacific Corporation will post 12.53 earnings per share for the current year.

Union Pacific Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, June 30th. Investors of record on Friday, May 29th will be given a dividend of $1.38 per share. The ex-dividend date is Friday, May 29th. This represents a $5.52 annualized dividend and a dividend yield of 2.0%. Union Pacific’s dividend payout ratio (DPR) is currently 45.47%.

Insider Transactions at Union Pacific

In other Union Pacific news, CFO Jennifer L. Hamann sold 2,000 shares of Union Pacific stock in a transaction on Friday, April 24th. The shares were sold at an average price of $274.70, for a total transaction of $549,400.00. Following the completion of the transaction, the chief financial officer directly owned 114,642 shares of the company’s stock, valued at $31,492,157.40. The trade was a 1.71% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP Kenyatta G. Rocker sold 27,387 shares of the firm’s stock in a transaction dated 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 completion of the transaction, the executive vice president directly owned 61,102 shares in the company, valued at $16,605,079.52. This represents a 30.95% decrease in their position. The SEC filing for this sale provides additional information. Over the last three months, insiders have sold 31,386 shares of company stock valued at $8,461,716. 0.22% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

UNP has been the subject of several research analyst reports. Raymond James Financial set a $310.00 price objective on shares of Union Pacific in a research note on Friday, April 24th. Benchmark raised their price target on shares of Union Pacific from $275.00 to $300.00 and gave the stock a “buy” rating in a report on Friday, April 24th. The Goldman Sachs Group reissued a “neutral” rating and issued a $267.00 price objective on shares of Union Pacific in a research note on Tuesday, January 27th. Evercore reissued an “outperform” rating and issued a $277.00 price target on shares of Union Pacific in a research report on Friday, April 24th. Finally, Wells Fargo & Company restated an “overweight” rating and set a $300.00 price target (up from $260.00) on shares of Union Pacific in a research note on Friday, April 24th. One research analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and eight have assigned a Hold rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $280.47.

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.