Union Pacific Corporation $UNP Shares Acquired by Envestnet Portfolio Solutions Inc.

Envestnet Portfolio Solutions Inc. raised its holdings in shares of Union Pacific Corporation (NYSE:UNP) by 2.3% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 100,491 shares of the railroad operator’s stock after purchasing an additional 2,295 shares during the quarter. Envestnet Portfolio Solutions Inc.’s holdings in Union Pacific were worth $23,245,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in UNP. Capital World Investors lifted its position in shares of Union Pacific by 193.3% during the 3rd quarter. Capital World Investors now owns 10,481,043 shares of the railroad operator’s stock valued at $2,477,404,000 after acquiring an additional 6,908,016 shares during the last quarter. Capital Research Global Investors boosted its position in shares of Union Pacific by 95.0% in the 3rd quarter. Capital Research Global Investors now owns 8,713,196 shares of the railroad operator’s stock valued at $2,059,538,000 after purchasing an additional 4,244,226 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its stake in Union Pacific by 72.7% in 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 worth $2,169,168,000 after purchasing an additional 3,861,636 shares in the last quarter. EdgePoint Investment Group Inc. acquired a new stake in Union Pacific during the 3rd quarter worth about $408,592,000. Finally, Baupost Group LLC MA acquired a new stake in Union Pacific during the 3rd quarter worth about $353,658,000. Institutional investors and hedge funds own 80.38% of the company’s stock.

Analyst Upgrades and Downgrades

UNP has been the subject of several recent analyst reports. Robert W. Baird set a $311.00 target price on shares of Union Pacific and gave the stock an “outperform” rating in a report on Friday, March 6th. UBS Group restated a “neutral” rating and issued a $274.00 price target (up from $253.00) on shares of Union Pacific in a research report on Friday, April 24th. Benchmark raised their price objective on shares of Union Pacific from $275.00 to $300.00 and gave the stock a “buy” rating in a research note on Friday, April 24th. Barclays reiterated an “overweight” rating and set a $315.00 price objective (up from $285.00) on shares of Union Pacific in a research report on Friday, April 24th. Finally, Royal Bank Of Canada reissued an “outperform” rating and set a $289.00 target price (up from $273.00) 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 given a Hold rating to the company’s stock. According to MarketBeat, Union Pacific presently has an average rating of “Moderate Buy” and a consensus price target of $280.47.

Union Pacific Stock Performance

Shares of UNP opened at $274.93 on Tuesday. The company has a market capitalization of $163.23 billion, a PE ratio of 22.65, a PEG ratio of 2.87 and a beta of 0.99. The company has a debt-to-equity ratio of 1.53, a quick ratio of 0.73 and a current ratio of 0.92. The company’s 50 day moving average price is $252.59 and its 200 day moving average price is $242.63. Union Pacific Corporation has a 52 week low of $210.84 and a 52 week high of $276.40.

Union Pacific (NYSE:UNP) last released its earnings results on Thursday, April 23rd. The railroad operator reported $2.93 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.86 by $0.07. The company had revenue of $6.22 billion during the quarter, compared to the consensus estimate of $6.12 billion. Union Pacific had a net margin of 29.20% and a return on equity of 39.58%. The company’s revenue was up 3.2% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $2.70 EPS. Research analysts expect that Union Pacific Corporation will post 12.53 EPS for the current fiscal year.

Union Pacific Announces Dividend

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

Insider Activity at Union Pacific

In other Union Pacific news, EVP Kenyatta G. Rocker sold 27,387 shares of the business’s stock in a transaction dated 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 owned 61,102 shares in the company, valued at $16,605,079.52. The trade was a 30.95% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CFO Jennifer L. Hamann sold 2,000 shares of the company’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 transaction, the chief financial officer directly owned 114,642 shares in the company, valued at approximately $31,492,157.40. The trade was a 1.71% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders sold 31,386 shares of company stock valued at $8,461,716. 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.