ProShare Advisors LLC Has $27.29 Million Stock Position in Union Pacific Corporation $UNP

ProShare Advisors LLC boosted its holdings in Union Pacific Corporation (NYSE:UNPFree Report) by 7.6% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 117,972 shares of the railroad operator’s stock after buying an additional 8,348 shares during the period. ProShare Advisors LLC’s holdings in Union Pacific were worth $27,289,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of UNP. Rachor Investment Advisory Services LLC bought a new position in Union Pacific during the fourth quarter worth $25,000. Tucker Asset Management LLC bought a new stake in Union Pacific in the 4th quarter valued at $25,000. High Point Wealth Management LLC bought a new stake in Union Pacific in the 4th quarter valued at $26,000. Caitlin John LLC acquired a new stake in Union Pacific in the 3rd quarter worth $27,000. Finally, Saranac Partners Ltd bought a new position in shares of Union Pacific during the 3rd quarter worth about $27,000. 80.38% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

UNP has been the subject of a number of research analyst reports. The Goldman Sachs Group reaffirmed a “neutral” rating and set a $267.00 price objective on shares of Union Pacific in a research report on Tuesday, January 27th. Raymond James Financial set a $310.00 target price on Union Pacific in a research report on Friday, April 24th. BMO Capital Markets reaffirmed a “market perform” rating and issued a $285.00 price target (up from $278.00) on shares of Union Pacific in a report on Friday, April 24th. UBS Group reiterated a “neutral” rating and issued a $274.00 price objective (up from $253.00) on shares of Union Pacific in a research report on Friday, April 24th. Finally, Weiss Ratings raised Union Pacific from a “buy (b-)” rating to a “buy (b)” rating in a report on Tuesday, April 21st. One investment analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and eight have issued a Hold rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $280.47.

Check Out Our Latest Research Report on UNP

Insider Activity

In related news, EVP Eric J. Gehringer sold 1,999 shares of the business’s stock in a transaction on Friday, March 20th. The stock was sold at an average price of $234.93, for a total value of $469,625.07. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Also, EVP Kenyatta G. Rocker sold 27,387 shares of the business’s stock in a transaction on Friday, April 24th. The shares were sold at an average price of $271.76, for a total value of $7,442,691.12. Following the completion of the sale, the executive vice president directly owned 61,102 shares in the company, valued at approximately $16,605,079.52. This represents a 30.95% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders have sold 31,386 shares of company stock worth $8,461,716. Company insiders own 0.22% of the company’s stock.

Union Pacific Price Performance

NYSE:UNP opened at $266.01 on Thursday. 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 has a 50-day moving average of $253.19 and a 200-day moving average of $243.35. Union Pacific Corporation has a 52 week low of $210.84 and a 52 week high of $276.40. The company has a market capitalization of $157.94 billion, a price-to-earnings ratio of 21.91, a PEG ratio of 2.88 and a beta of 0.99.

Union Pacific (NYSE:UNPGet Free Report) last posted its earnings results on Thursday, April 23rd. The railroad operator reported $2.93 earnings per share 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 analysts’ expectations of $6.12 billion. During the same quarter in the previous year, the firm posted $2.70 earnings per share. The firm’s revenue for the quarter was up 3.2% on a year-over-year basis. As a group, equities research analysts anticipate that Union Pacific Corporation will post 12.53 earnings per share for the current fiscal year.

Union Pacific Dividend Announcement

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

Featured Articles

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.