Boston Family Office LLC Sells 2,600 Shares of Union Pacific Corporation $UNP

Boston Family Office LLC lowered its stake in shares of Union Pacific Corporation (NYSE:UNP) by 2.1% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 123,909 shares of the railroad operator’s stock after selling 2,600 shares during the quarter. Union Pacific comprises approximately 1.8% of Boston Family Office LLC’s investment portfolio, making the stock its 10th biggest position. Boston Family Office LLC’s holdings in Union Pacific were worth $28,663,000 as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in UNP. Rachor Investment Advisory Services LLC bought a new stake in Union Pacific during the fourth quarter worth $25,000. Tucker Asset Management LLC bought a new stake in Union Pacific during the fourth quarter worth $25,000. SWAN Capital LLC lifted its stake in Union Pacific by 2,575.0% during the fourth quarter. SWAN Capital LLC now owns 107 shares of the railroad operator’s stock worth $25,000 after purchasing an additional 103 shares during the last quarter. High Point Wealth Management LLC bought a new stake in Union Pacific during the fourth quarter worth $26,000. Finally, Caitlin John LLC bought a new stake in Union Pacific during the third quarter worth $27,000. Institutional investors and hedge funds own 80.38% of the company’s stock.

Union Pacific Trading Up 1.5%

NYSE:UNP opened at $272.37 on Friday. The company has a current ratio of 0.92, a quick ratio of 0.73 and a debt-to-equity ratio of 1.53. The stock has a market capitalization of $161.71 billion, a price-to-earnings ratio of 22.44, a PEG ratio of 2.84 and a beta of 0.97. The firm has a fifty day simple moving average of $262.23 and a two-hundred day simple moving average of $248.69. Union Pacific Corporation has a 12 month low of $210.84 and a 12 month high of $279.70.

Union Pacific (NYSE:UNP) last issued its earnings results on Thursday, April 23rd. The railroad operator reported $2.93 EPS for the quarter, beating analysts’ consensus estimates 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 in the previous year, the company posted $2.70 EPS. The firm’s revenue was up 3.2% compared to the same quarter last year. Analysts expect that Union Pacific Corporation will post 12.55 EPS for the current fiscal year.

Union Pacific Dividend Announcement

The company 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 $1.38 dividend. This represents a $5.52 dividend on an annualized basis and a yield of 2.0%. The ex-dividend date of this dividend is Friday, May 29th. Union Pacific’s payout ratio is presently 45.47%.

Wall Street Analyst Weigh In

Several research firms have weighed in on UNP. Evercore restated an “outperform” rating and set a $277.00 target price on shares of Union Pacific in a research note on Friday, April 24th. Citigroup reiterated a “buy” rating and issued a $307.00 price target (up from $285.00) on shares of Union Pacific in a research note on Friday, April 24th. JPMorgan Chase & Co. increased their price target on Union Pacific from $267.00 to $275.00 and gave the company a “neutral” rating in a research note on Friday, April 24th. Benchmark increased their price target on Union Pacific from $275.00 to $300.00 and gave the company a “buy” rating in a research note on Friday, April 24th. Finally, Weiss Ratings upgraded Union Pacific from a “buy (b-)” rating to a “buy (b)” rating in a research note on Tuesday, April 21st. One investment 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 MarketBeat, Union Pacific has an average rating of “Moderate Buy” and a consensus price target of $282.21.

Insider Activity at Union Pacific

In related news, CFO Jennifer L. Hamann sold 2,000 shares of the business’s stock in a transaction dated Friday, April 24th. The stock was sold at an average price of $274.70, for a total value of $549,400.00. Following the completion of the sale, 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 position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, EVP Eric J. Gehringer sold 2,991 shares of the business’s stock in a transaction dated 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 sale, the executive vice president directly 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 disclosure for this sale is available in the SEC filing. Insiders sold 34,377 shares of company stock valued at $9,251,221 in the last three months. Corporate insiders own 0.22% of the company’s stock.

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.