Kathmere Capital Management LLC Purchases 3,156 Shares of Union Pacific Corporation $UNP

Kathmere Capital Management LLC lifted its holdings in Union Pacific Corporation (NYSE:UNPFree Report) by 28.9% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 14,060 shares of the railroad operator’s stock after acquiring an additional 3,156 shares during the quarter. Kathmere Capital Management LLC’s holdings in Union Pacific were worth $3,411,000 at the end of the most recent reporting period.

A number of other large investors have also bought and sold shares of UNP. Abel Hall LLC grew its holdings in shares of Union Pacific by 52.7% during the first quarter. Abel Hall LLC now owns 3,228 shares of the railroad operator’s stock worth $783,000 after purchasing an additional 1,114 shares during the last quarter. Whittier Trust Co. of Nevada Inc. raised its holdings in shares of Union Pacific by 15.2% in the first quarter. Whittier Trust Co. of Nevada Inc. now owns 26,207 shares of the railroad operator’s stock valued at $6,435,000 after buying an additional 3,452 shares during the last quarter. Whittier Trust Co. raised its holdings in shares of Union Pacific by 0.3% in the first quarter. Whittier Trust Co. now owns 33,747 shares of the railroad operator’s stock valued at $8,286,000 after buying an additional 93 shares during the last quarter. Ascentis Independent Advisors lifted its position in Union Pacific by 70.2% during the 1st quarter. Ascentis Independent Advisors now owns 8,493 shares of the railroad operator’s stock worth $2,061,000 after buying an additional 3,503 shares in the last quarter. Finally, Stephens Inc. AR grew its holdings in Union Pacific by 1.1% during the 1st quarter. Stephens Inc. AR now owns 48,312 shares of the railroad operator’s stock worth $11,842,000 after acquiring an additional 508 shares during the last quarter. 80.38% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Several equities research analysts have weighed in on the stock. JPMorgan Chase & Co. raised 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. Barclays reissued an “overweight” rating and set a $315.00 price target (up from $285.00) on shares of Union Pacific in a research note on Friday, April 24th. Evercore reissued an “outperform” rating and issued a $294.00 price target on shares of Union Pacific in a report on Thursday, June 25th. Susquehanna restated a “positive” rating and issued a $305.00 price objective on shares of Union Pacific in a research report on Friday, June 5th. Finally, BMO Capital Markets reaffirmed a “market perform” rating and set a $285.00 price objective (up from $278.00) on shares of Union Pacific in a report on Friday, April 24th. One equities 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 company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $283.11.

Get Our Latest Analysis on Union Pacific

Insiders Place Their Bets

In other 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 value of $7,442,691.12. Following the transaction, the executive vice president directly owned 61,102 shares in the company, valued at $16,605,079.52. This trade represents a 30.95% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CFO Jennifer L. Hamann sold 2,000 shares of the firm’s stock in a transaction on 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 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 ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders sold 32,378 shares of company stock valued at $8,781,595. Company insiders own 0.22% of the company’s stock.

Union Pacific News Roundup

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

Union Pacific Stock Performance

Union Pacific stock opened at $282.50 on Monday. The company has a market cap of $167.73 billion, a PE ratio of 23.27, a PEG ratio of 2.97 and a beta of 0.96. The company has a current ratio of 0.92, a quick ratio of 0.73 and a debt-to-equity ratio of 1.53. Union Pacific Corporation has a 1 year low of $210.84 and a 1 year high of $282.80. The company’s 50-day moving average is $267.68 and its two-hundred day moving average is $252.36.

Union Pacific (NYSE:UNPGet Free Report) last issued its quarterly earnings results on Thursday, April 23rd. The railroad operator reported $2.93 EPS for the quarter, topping the consensus estimate of $2.86 by $0.07. The company had revenue of $6.22 billion during the quarter, compared to analysts’ expectations of $6.12 billion. Union Pacific had a net margin of 29.20% and a return on equity of 39.58%. Union Pacific’s revenue was up 3.2% on a year-over-year basis. During the same quarter in the previous year, the company earned $2.70 EPS. Equities analysts anticipate that Union Pacific Corporation will post 12.55 earnings per share for the current year.

Union Pacific Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Friday, May 29th were issued a dividend of $1.38 per share. This represents a $5.52 dividend on an annualized basis 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 Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Union Pacific (NYSE:UNP)

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