HB Wealth Management LLC Has $14.84 Million Position in Union Pacific Corporation $UNP

HB Wealth Management LLC grew its holdings in Union Pacific Corporation (NYSE:UNP) by 3.1% in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 61,174 shares of the railroad operator’s stock after purchasing an additional 1,837 shares during the period. HB Wealth Management LLC’s holdings in Union Pacific were worth $14,842,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also modified their holdings of the company. Capital World Investors raised its position in Union Pacific by 92.1% during the fourth quarter. Capital World Investors now owns 20,136,349 shares of the railroad operator’s stock valued at $4,658,142,000 after buying an additional 9,655,306 shares during the period. Norges Bank acquired a new stake in Union Pacific during the 4th quarter worth about $1,779,907,000. Capital Research Global Investors boosted its position in Union Pacific by 95.0% during the 3rd quarter. Capital Research Global Investors now owns 8,713,196 shares of the railroad operator’s stock worth $2,059,538,000 after acquiring an additional 4,244,226 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its stake in Union Pacific by 72.7% during the 3rd quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 9,177,002 shares of the railroad operator’s stock valued at $2,169,168,000 after acquiring an additional 3,861,636 shares in the last quarter. Finally, EdgePoint Investment Group Inc. purchased a new position in Union Pacific during the 3rd quarter valued at about $408,592,000. Institutional investors and hedge funds own 80.38% of the company’s stock.

Insider Transactions at Union Pacific

In other news, CFO Jennifer L. Hamann sold 2,000 shares of the 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 transaction, the chief financial officer owned 114,642 shares in the company, valued at $31,492,157.40. This represents a 1.71% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, EVP Kenyatta G. Rocker sold 27,387 shares of the firm’s stock in a transaction on Friday, April 24th. The shares were sold at an average price of $271.76, for a total transaction of $7,442,691.12. Following the transaction, the executive vice president 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. Insiders have sold a total of 32,378 shares of company stock worth $8,781,595 in the last 90 days. 0.22% of the stock is owned by insiders.

Union Pacific News Roundup

Here are the key news stories impacting Union Pacific this week:

• Positive Sentiment: Union Pacific is drawing attention after a stake change, which can signal renewed investor interest and sometimes sparks buying. Union Pacific (NYSE:UNP) Draws Attention After Stake Change
• Positive Sentiment: Shares are being helped by commentary that rail momentum is building and UNP is hitting fresh highs, reinforcing a bullish technical and industry backdrop. Union Pacific (NYSE:UNP) Hits Fresh High As Rail Momentum Builds
• Positive Sentiment: Analyst and preview pieces suggest Union Pacific could post another earnings beat, with expectations for single-digit bottom-line growth and favorable freight trends. Union Pacific’s Quarterly Earnings Preview: What You Need to Know
• Positive Sentiment: Brokerage coverage remains constructive, with Union Pacific still carrying a consensus “Moderate Buy” rating. Union Pacific Corporation (NYSE:UNP) Given Consensus Rating of “Moderate Buy” by Brokerages
• Neutral Sentiment: Some coverage notes that rising intermodal volumes are affecting major railroads, but the article frames the trend as an industry-wide dynamic rather than a company-specific catalyst. Rising intermodal volume slows big four U.S. rail systems
• Negative Sentiment: A class action was certified against Union Pacific over alleged dumping of carcinogenic chemicals in Wichita neighborhoods, adding legal and reputational risk that could weigh on the stock. Lanier Law Firm: Class Action Certified Against Union Pacific for Dumping Carcinogenic Chemicals in Historically Black Wichita Neighborhoods

Analyst Upgrades and Downgrades

A number of equities analysts have recently weighed in on the company. Royal Bank Of Canada reiterated an “outperform” rating and issued a $289.00 target price (up from $273.00) on shares of Union Pacific in a report on Friday, April 24th. JPMorgan Chase & Co. boosted their price objective on shares of Union Pacific from $267.00 to $275.00 and gave the company a “neutral” rating in a research report on Friday, April 24th. Sanford C. Bernstein upped 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. Barclays reiterated an “overweight” rating and issued a $315.00 price objective (up from $285.00) on shares of Union Pacific in a research note on Friday, April 24th. Finally, Weiss Ratings downgraded shares of Union Pacific from a “buy (b)” rating to a “buy (b-)” rating in a research report on Tuesday, June 23rd. One 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’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $283.11.

Union Pacific Stock Up 0.1%

Shares of Union Pacific stock opened at $282.50 on Friday. The firm has a market cap of $167.73 billion, a price-to-earnings ratio of 23.27, a P/E/G ratio of 2.97 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 Corporation has a 52-week low of $210.84 and a 52-week high of $282.80. The stock has a 50-day simple moving average of $267.68 and a 200-day simple moving average of $252.28.

Union Pacific (NYSE:UNP) last released its quarterly earnings data on Thursday, April 23rd. The railroad operator reported $2.93 EPS for the quarter, topping analysts’ consensus estimates of $2.86 by $0.07. The firm had revenue of $6.22 billion for the quarter, compared to the consensus estimate of $6.12 billion. Union Pacific had a return on equity of 39.58% and a net margin of 29.20%.The firm’s revenue was up 3.2% on a year-over-year basis. During the same quarter in the prior year, the company posted $2.70 earnings per share. On average, equities research analysts expect that Union Pacific Corporation will post 12.55 earnings per share for the current fiscal year.

Union Pacific Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Friday, May 29th were given a $1.38 dividend. This represents a $5.52 annualized dividend and a yield of 2.0%. The ex-dividend date of this dividend was Friday, May 29th. Union Pacific’s payout ratio is currently 45.47%.

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.