Union Pacific Corporation $UNP Shares Sold by Intech Investment Management LLC

Intech Investment Management LLC cut its position in Union Pacific Corporation (NYSE:UNPFree Report) by 11.1% during the fourth quarter, HoldingsChannel reports. The firm owned 22,524 shares of the railroad operator’s stock after selling 2,803 shares during the quarter. Intech Investment Management LLC’s holdings in Union Pacific were worth $5,210,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. Rachor Investment Advisory Services LLC purchased a new stake in shares of Union Pacific in the 4th quarter valued at approximately $25,000. Tucker Asset Management LLC purchased a new stake in shares of Union Pacific in the 4th quarter valued at approximately $25,000. High Point Wealth Management LLC purchased a new stake in shares of Union Pacific in the 4th quarter valued at approximately $26,000. Caitlin John LLC purchased a new stake in shares of Union Pacific in the 3rd quarter valued at approximately $27,000. Finally, Saranac Partners Ltd purchased a new stake in shares of Union Pacific in the 3rd quarter valued at approximately $27,000. 80.38% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of brokerages have commented on UNP. Citigroup reissued a “buy” rating and issued a $307.00 price objective (up from $285.00) on shares of Union Pacific in a research report on Friday, April 24th. Evercore reissued an “outperform” rating and issued a $277.00 price objective on shares of Union Pacific in a research report on Friday, April 24th. Wells Fargo & Company reissued an “overweight” rating and issued a $300.00 price objective (up from $260.00) on shares of Union Pacific in a research report on Friday, April 24th. Raymond James Financial set a $310.00 price objective on shares of Union Pacific in a research report on Friday, April 24th. Finally, Robert W. Baird set a $311.00 target price on shares of Union Pacific and gave the company an “outperform” rating in a report on Friday, March 6th. One research 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. Based on data from MarketBeat.com, Union Pacific currently has an average rating of “Moderate Buy” and an average price target of $280.47.

Get Our Latest Analysis on UNP

More Union Pacific News

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

  • Positive Sentiment: The STB did accept Union Pacific’s revised merger application, which keeps the transaction alive and moves it one step forward in the regulatory process. Article Title
  • Neutral Sentiment: Brookfield Infrastructure may benefit from divestitures if the merger eventually proceeds, since regulators are expected to require sales of regional lines, yards, or equipment. Article Title
  • Neutral Sentiment: Union Pacific and Norfolk Southern said they will work with regulators and continue pushing the case for creating the first transcontinental railroad. Article Title
  • Negative Sentiment: The STB’s pause signals more regulatory friction, extending the approval timeline and increasing uncertainty around whether the merger will close on the company’s preferred schedule. Article Title
  • Negative Sentiment: CN publicly backed the regulator’s decision to freeze the review, arguing Union Pacific and Norfolk Southern still haven’t met the higher standard needed to justify the deal. Article Title

Union Pacific Trading Up 0.1%

Shares of Union Pacific stock opened at $262.83 on Monday. The company has a fifty day simple moving average of $256.57 and a 200-day simple moving average of $245.71. Union Pacific Corporation has a 12-month low of $210.84 and a 12-month high of $279.70. 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 cap of $156.04 billion, a price-to-earnings ratio of 21.65, a PEG ratio of 2.79 and a beta of 0.97.

Union Pacific (NYSE:UNPGet Free Report) last issued its earnings results on Thursday, April 23rd. The railroad operator reported $2.93 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.86 by $0.07. Union Pacific had a net margin of 29.20% and a return on equity of 39.58%. The business had revenue of $6.22 billion during the quarter, compared to analysts’ expectations of $6.12 billion. During the same quarter in the prior year, the business posted $2.70 EPS. The company’s revenue for the quarter was up 3.2% on a year-over-year basis. On average, equities analysts forecast that Union Pacific Corporation will post 12.53 EPS for the current fiscal year.

Union Pacific Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, June 30th. Stockholders of record on Friday, May 29th will be issued a $1.38 dividend. The ex-dividend date is Friday, May 29th. This represents a $5.52 annualized dividend and a dividend yield of 2.1%. Union Pacific’s dividend payout ratio is presently 45.47%.

Insider Activity

In related news, EVP Kenyatta G. Rocker sold 27,387 shares of the 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 completion of the sale, 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 sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Eric J. Gehringer sold 1,999 shares of the stock in a transaction on Friday, March 20th. The stock was sold at an average price of $234.93, for a total transaction of $469,625.07. The SEC filing for this sale provides additional information. In the last quarter, insiders sold 31,386 shares of company stock worth $8,461,716. Corporate insiders own 0.22% of the company’s stock.

About Union Pacific

(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.

See Also

Want to see what other hedge funds are holding UNP? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Union Pacific Corporation (NYSE:UNPFree Report).

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

Receive News & Ratings for Union Pacific Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Union Pacific and related companies with MarketBeat.com's FREE daily email newsletter.