Union Pacific Corporation $UNP Shares Sold by Pacer Advisors Inc.

Pacer Advisors Inc. reduced its holdings in shares of Union Pacific Corporation (NYSE:UNP) by 74.7% in the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 34,525 shares of the railroad operator’s stock after selling 102,024 shares during the quarter. Pacer Advisors Inc.’s holdings in Union Pacific were worth $8,376,000 at the end of the most recent quarter.

Several other large investors also recently made changes to their positions in the business. Tucker Asset Management LLC acquired a new position in shares of Union Pacific during the 4th quarter valued at $25,000. SWAN Capital LLC increased its holdings in Union Pacific by 2,575.0% in the 4th quarter. SWAN Capital LLC now owns 107 shares of the railroad operator’s stock valued at $25,000 after purchasing an additional 103 shares in the last quarter. Rachor Investment Advisory Services LLC acquired a new stake in Union Pacific in the 4th quarter valued at $25,000. High Point Wealth Management LLC purchased a new position in Union Pacific in the fourth quarter valued at about $26,000. Finally, Scarborough Advisors LLC purchased a new position in Union Pacific in the first quarter valued at about $27,000. Institutional investors and hedge funds own 80.38% of the company’s stock.

Union Pacific Stock Performance

Union Pacific stock opened at $295.60 on Thursday. Union Pacific Corporation has a 52 week low of $210.84 and a 52 week high of $315.99. The company has a current ratio of 0.99, a quick ratio of 0.82 and a debt-to-equity ratio of 1.40. The stock has a market cap of $175.61 billion, a P/E ratio of 23.94, a price-to-earnings-growth ratio of 3.03 and a beta of 0.96. The stock has a 50 day moving average of $278.95 and a 200-day moving average of $262.16.

Union Pacific (NYSE:UNP) last issued its quarterly earnings results on Thursday, July 23rd. The railroad operator reported $3.41 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.26 by $0.15. The business had revenue of $6.86 billion during the quarter, compared to analyst estimates of $6.72 billion. Union Pacific had a net margin of 28.85% and a return on equity of 38.46%. The business’s revenue was up 11.5% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $3.03 earnings per share. On average, analysts expect that Union Pacific Corporation will post 12.9 EPS for the current fiscal year.

Union Pacific Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, September 30th. Stockholders of record on Monday, August 31st will be given a $1.42 dividend. This represents a $5.68 annualized dividend and a dividend yield of 1.9%. The ex-dividend date of this dividend is Monday, August 31st. This is an increase from Union Pacific’s previous quarterly dividend of $1.38. Union Pacific’s payout ratio is presently 44.70%.

Analysts Set New Price Targets

UNP has been the topic of a number of recent research reports. Stephens upgraded Union Pacific to a “strong-buy” rating in a research note on Wednesday, July 8th. Benchmark raised their target price on Union Pacific from $325.00 to $335.00 and gave the company a “buy” rating in a report on Friday, July 24th. Evercore reissued an “outperform” rating and set a $294.00 price target on shares of Union Pacific in a research report on Thursday, June 25th. Weiss Ratings upgraded Union Pacific from a “buy (b-)” rating to a “buy (b)” rating in a report on Friday, July 24th. Finally, Robert W. Baird increased their price objective on shares of Union Pacific from $311.00 to $344.00 and gave the company an “outperform” rating in a research report on Monday, July 27th. Two research analysts have rated the stock with a Strong Buy rating, thirteen have given a Buy rating and seven have issued a Hold rating to the company. According to data from MarketBeat.com, Union Pacific presently has an average rating of “Moderate Buy” and an average price target of $320.89.

Insider Buying and Selling at Union Pacific

In other news, EVP Eric J. Gehringer sold 2,991 shares of the company’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 sale, the executive vice president owned 43,012 shares in the company, valued at approximately $11,353,447.52. This represents a 6.50% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 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.