Whittier Trust Co. of Nevada Inc. Boosts Stock Position in Union Pacific Corporation $UNP

Whittier Trust Co. of Nevada Inc. grew its position in shares of Union Pacific Corporation (NYSE:UNPFree Report) by 15.2% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 26,207 shares of the railroad operator’s stock after purchasing an additional 3,452 shares during the quarter. Whittier Trust Co. of Nevada Inc.’s holdings in Union Pacific were worth $6,435,000 as of its most recent SEC filing.

A number of other hedge funds also recently bought and sold shares of the company. Rachor Investment Advisory Services LLC bought a new position in Union Pacific during the fourth 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 $25,000. SWAN Capital LLC grew its holdings in shares of Union Pacific by 2,575.0% during 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 during the last quarter. High Point Wealth Management LLC bought a new position in shares of Union Pacific during the 4th quarter valued at $26,000. Finally, Saranac Partners Ltd bought a new stake in Union Pacific in the third quarter worth $27,000. Institutional investors own 80.38% of the company’s stock.

Analyst Upgrades and Downgrades

UNP has been the topic of several analyst reports. BMO Capital Markets reiterated a “market perform” rating and issued a $285.00 price objective (up from $278.00) on shares of Union Pacific in a report on Friday, April 24th. TD Cowen increased their price objective on Union Pacific from $256.00 to $282.00 and gave the company a “buy” rating in a research note on Friday, April 24th. Raymond James Financial set a $310.00 target price on shares of Union Pacific in a research note 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 report on Friday, April 24th. Finally, Royal Bank Of Canada reiterated an “outperform” rating and set a $289.00 target price (up from $273.00) on shares of Union Pacific in a report on Friday, April 24th. One analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and seven have given a Hold rating to the stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $286.89.

Read Our Latest Report on Union Pacific

Insider Buying and Selling

In other Union Pacific news, CFO Jennifer L. Hamann sold 2,000 shares of the company’s stock in a transaction that occurred on Friday, April 24th. The stock was 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 approximately $31,492,157.40. This represents a 1.71% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Kenyatta G. Rocker sold 27,387 shares of the stock in a transaction that occurred 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 completion of the transaction, the executive vice president directly owned 61,102 shares of the company’s stock, valued at $16,605,079.52. This represents a 30.95% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 32,378 shares of company stock valued at $8,781,595 over the last three months. Corporate insiders own 0.22% of the company’s stock.

Union Pacific Trading Up 0.5%

UNP stock traded up $1.49 on Tuesday, reaching $284.08. The company’s stock had a trading volume of 221,332 shares, compared to its average volume of 3,162,541. The firm has a market cap of $168.66 billion, a PE ratio of 23.45, a PEG ratio of 2.97 and a beta of 0.96. The business has a fifty day simple moving average of $267.68 and a two-hundred day simple moving average of $252.36. Union Pacific Corporation has a 12-month low of $210.84 and a 12-month high of $285.79. The company has a debt-to-equity ratio of 1.53, a quick ratio of 0.73 and a current ratio of 0.92.

Union Pacific (NYSE:UNPGet Free Report) last issued its quarterly earnings data on Thursday, April 23rd. The railroad operator reported $2.93 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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 for the quarter, compared to the consensus estimate of $6.12 billion. During the same period in the previous year, the firm earned $2.70 EPS. The company’s quarterly revenue was up 3.2% compared to the same quarter last year. As a group, research analysts forecast that Union Pacific Corporation will post 12.55 EPS for the current year.

Union Pacific Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, June 30th. Investors of record on Friday, May 29th were given a dividend of $1.38 per share. The ex-dividend date was Friday, May 29th. This represents a $5.52 annualized dividend and a dividend yield of 1.9%. 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.

Further Reading

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

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