Forsta AP Fonden Lowers Holdings in Union Pacific Corporation $UNP

Forsta AP Fonden lessened its stake in Union Pacific Corporation (NYSE:UNPFree Report) by 3.0% in the 4th quarter, Holdings Channel.com reports. The firm owned 122,300 shares of the railroad operator’s stock after selling 3,800 shares during the quarter. Forsta AP Fonden’s holdings in Union Pacific were worth $28,290,000 as of its most recent SEC filing.

Other large investors have also recently modified their holdings of the company. Tucker Asset Management LLC purchased a new position in shares of Union Pacific in the 4th quarter worth about $25,000. Rachor Investment Advisory Services LLC purchased a new position in shares of Union Pacific in the 4th quarter worth about $25,000. Caitlin John LLC purchased a new position in shares of Union Pacific in the 3rd quarter worth about $27,000. Saranac Partners Ltd purchased a new position in shares of Union Pacific in the 3rd quarter worth about $27,000. Finally, High Point Wealth Management LLC purchased a new position in shares of Union Pacific in the 4th quarter worth about $26,000. Hedge funds and other institutional investors own 80.38% of the company’s stock.

Trending Headlines about Union Pacific

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

Analysts Set New Price Targets

Several research firms recently commented on UNP. TD Cowen lifted their price objective on Union Pacific from $256.00 to $282.00 and gave the stock a “buy” rating in a report on Friday, April 24th. Benchmark lifted their price objective on Union Pacific from $275.00 to $300.00 and gave the stock a “buy” rating in a report on Friday, April 24th. JPMorgan Chase & Co. lifted their price objective on Union Pacific from $267.00 to $275.00 and gave the stock a “neutral” rating in a report on Friday, April 24th. 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. Finally, Royal Bank Of Canada reiterated an “outperform” rating and issued a $289.00 price objective (up from $273.00) on shares of Union Pacific in a report on Friday, April 24th. 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’s stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $280.47.

View Our Latest Analysis on Union Pacific

Insider Buying and Selling 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 transaction 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 $16,605,079.52. The trade was a 30.95% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, EVP Eric J. Gehringer sold 1,999 shares of the business’s stock in a transaction dated Friday, March 20th. The shares were sold at an average price of $234.93, for a total value of $469,625.07. The SEC filing for this sale provides additional information. Insiders sold a total of 31,386 shares of company stock worth $8,461,716 in the last three months. 0.22% of the stock is currently owned by company insiders.

Union Pacific Price Performance

NYSE UNP opened at $262.83 on Friday. The stock has a 50-day moving average of $256.57 and a 200 day moving average of $245.56. The company has a market capitalization of $156.04 billion, a price-to-earnings ratio of 21.65, a PEG ratio of 2.83 and a beta of 0.99. Union Pacific Corporation has a one year low of $210.84 and a one year high of $279.70. 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 released its quarterly earnings results 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. The business had revenue of $6.22 billion during the quarter, compared to the consensus estimate of $6.12 billion. Union Pacific had a return on equity of 39.58% and a net margin of 29.20%.The business’s quarterly revenue was up 3.2% compared to the same quarter last year. During the same period in the previous year, the company posted $2.70 EPS. On average, sell-side analysts forecast that Union Pacific Corporation will post 12.53 EPS for the current year.

Union Pacific Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, June 30th. Shareholders of record on Friday, May 29th will be paid a dividend of $1.38 per share. This represents a $5.52 dividend on an annualized basis and a dividend yield of 2.1%. The ex-dividend date is Friday, May 29th. Union Pacific’s payout ratio is currently 45.47%.

Union Pacific 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.

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

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