Union Pacific (NYSE:UNP) EVP Sells $469,625.07 in Stock

Union Pacific Corporation (NYSE:UNP) EVP Eric Gehringer sold 1,999 shares of Union Pacific stock in a transaction on Friday, March 20th. The shares were sold at an average price of $234.93, for a total transaction of $469,625.07. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.

Union Pacific Stock Performance

Shares of UNP traded up $1.27 during midday trading on Thursday, reaching $244.39. The stock had a trading volume of 1,136,858 shares, compared to its average volume of 3,388,885. Union Pacific Corporation has a one year low of $204.66 and a one year high of $268.14. The firm has a market cap of $145.02 billion, a PE ratio of 20.42, a P/E/G ratio of 2.68 and a beta of 0.96. The firm has a 50 day simple moving average of $249.23 and a 200-day simple moving average of $235.61. The company has a current ratio of 0.91, a quick ratio of 0.75 and a debt-to-equity ratio of 1.64.

Union Pacific (NYSE:UNP) last issued its earnings results on Tuesday, January 27th. The railroad operator reported $2.86 EPS for the quarter, missing the consensus estimate of $2.92 by ($0.06). The business had revenue of $6.09 billion for the quarter, compared to the consensus estimate of $6.15 billion. Union Pacific had a return on equity of 40.89% and a net margin of 29.12%.The business’s revenue was down .6% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $2.91 earnings per share. As a group, sell-side analysts anticipate that Union Pacific Corporation will post 11.99 EPS for the current year.

Union Pacific Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, March 31st. Stockholders of record on Friday, February 27th were given a $1.38 dividend. The ex-dividend date of this dividend was Friday, February 27th. This represents a $5.52 annualized dividend and a dividend yield of 2.3%. Union Pacific’s dividend payout ratio is presently 46.12%.

Hedge Funds Weigh In On Union Pacific

Hedge funds have recently bought and sold shares of the company. Rockefeller Capital Management L.P. lifted its stake in Union Pacific by 29.8% during the fourth quarter. Rockefeller Capital Management L.P. now owns 565,523 shares of the railroad operator’s stock worth $130,817,000 after purchasing an additional 129,761 shares during the last quarter. World Investment Advisors increased its stake in shares of Union Pacific by 1.1% in the 4th quarter. World Investment Advisors now owns 39,006 shares of the railroad operator’s stock valued at $9,023,000 after purchasing an additional 424 shares during the last quarter. Farmers National Bank raised its holdings in shares of Union Pacific by 5.3% during the 4th quarter. Farmers National Bank now owns 3,800 shares of the railroad operator’s stock worth $879,000 after buying an additional 192 shares in the last quarter. Winthrop Partners WNY LLC bought a new stake in shares of Union Pacific during the 4th quarter worth $2,097,000. Finally, Nalls Sherbakoff Group LLC acquired a new stake in Union Pacific in the fourth quarter valued at about $60,000. 80.38% of the stock is owned by institutional investors.

Analysts Set New Price Targets

Several analysts recently issued reports on UNP shares. Raymond James Financial restated a “strong-buy” rating on shares of Union Pacific in a research note on Tuesday, January 27th. Royal Bank Of Canada set a $280.00 price target on shares of Union Pacific in a research report on Thursday, December 18th. Susquehanna reissued a “buy” rating on shares of Union Pacific in a report on Monday, January 19th. Evercore raised shares of Union Pacific from an “in-line” rating to an “outperform” rating and set a $262.00 target price on the stock in a report on Thursday, March 19th. Finally, Weiss Ratings upgraded Union Pacific from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Friday, February 6th. One investment analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating and eight have issued a Hold rating to the company’s stock. Based on data from MarketBeat, Union Pacific currently has an average rating of “Moderate Buy” and an average target price of $265.18.

Union Pacific Company 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.