Investment House LLC Lowers Stock Holdings in Union Pacific Corporation $UNP

Investment House LLC lowered its stake in shares of Union Pacific Corporation (NYSE:UNP) by 4.0% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 52,692 shares of the railroad operator’s stock after selling 2,175 shares during the period. Investment House LLC’s holdings in Union Pacific were worth $12,189,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the stock. Stephens Consulting LLC grew its holdings in shares of Union Pacific by 48.4% during the fourth quarter. Stephens Consulting LLC now owns 135 shares of the railroad operator’s stock worth $31,000 after buying an additional 44 shares during the last quarter. Macroview Investment Management LLC grew its holdings in shares of Union Pacific by 3.4% during the fourth quarter. Macroview Investment Management LLC now owns 1,349 shares of the railroad operator’s stock worth $312,000 after buying an additional 44 shares during the last quarter. Prestige Wealth Management Group LLC grew its holdings in shares of Union Pacific by 1.4% during the third quarter. Prestige Wealth Management Group LLC now owns 3,186 shares of the railroad operator’s stock worth $753,000 after buying an additional 45 shares during the last quarter. U.S. Capital Wealth Advisors LLC grew its holdings in shares of Union Pacific by 0.9% during the fourth quarter. U.S. Capital Wealth Advisors LLC now owns 4,988 shares of the railroad operator’s stock worth $1,154,000 after buying an additional 45 shares during the last quarter. Finally, Keebeck Wealth Management grew its holdings in shares of Union Pacific by 1.7% during the third quarter. Keebeck Wealth Management now owns 2,691 shares of the railroad operator’s stock worth $636,000 after buying an additional 45 shares during the last quarter. Hedge funds and other institutional investors own 80.38% of the company’s stock.

Union Pacific Trading Down 1.4%

Shares of Union Pacific stock opened at $271.30 on Wednesday. The company has a debt-to-equity ratio of 1.53, a current ratio of 0.92 and a quick ratio of 0.73. Union Pacific Corporation has a 1 year low of $210.84 and a 1 year high of $276.40. The company has a market capitalization of $161.07 billion, a P/E ratio of 22.35, a P/E/G ratio of 2.92 and a beta of 0.99. The business has a 50 day moving average price of $252.93 and a 200 day moving average price of $243.02.

Union Pacific (NYSE:UNP) last issued its quarterly earnings data on Thursday, April 23rd. The railroad operator reported $2.93 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.86 by $0.07. Union Pacific had a return on equity of 39.58% and a net margin of 29.20%.The firm had revenue of $6.22 billion during the quarter, compared to the consensus estimate of $6.12 billion. During the same period in the previous year, the firm posted $2.70 EPS. The company’s quarterly revenue was up 3.2% compared to the same quarter last year. Sell-side analysts anticipate that Union Pacific Corporation will post 12.53 EPS 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. Investors of record on Friday, May 29th will be given a dividend of $1.38 per share. This represents a $5.52 annualized dividend and a dividend yield of 2.0%. The ex-dividend date is Friday, May 29th. Union Pacific’s payout ratio is currently 45.47%.

Analysts Set New Price Targets

UNP has been the topic of a number of research reports. Citigroup reissued a “buy” rating and set a $307.00 price target (up from $285.00) on shares of Union Pacific in a report on Friday, April 24th. TD Cowen lifted their price objective on Union Pacific from $256.00 to $282.00 and gave the company a “buy” rating in a report on Friday, April 24th. Robert W. Baird set a $311.00 price objective on Union Pacific and gave the company an “outperform” rating in a report on Friday, March 6th. Weiss Ratings raised Union Pacific from a “buy (b-)” rating to a “buy (b)” rating in a report on Tuesday, April 21st. Finally, The Goldman Sachs Group reaffirmed a “neutral” rating and issued a $267.00 price objective on shares of Union Pacific in a report on Tuesday, January 27th. One research analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and eight have assigned a Hold rating to the company. According to MarketBeat.com, Union Pacific has an average rating of “Moderate Buy” and a consensus price target of $280.47.

Insider Buying and Selling

In related news, CFO Jennifer L. Hamann sold 2,000 shares of Union Pacific 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 completion of the transaction, the chief financial officer directly owned 114,642 shares in the company, valued at $31,492,157.40. The trade was a 1.71% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, EVP Kenyatta G. Rocker sold 27,387 shares of Union Pacific 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 transaction, the executive vice president owned 61,102 shares of the company’s stock, valued at $16,605,079.52. This represents a 30.95% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 31,386 shares of company stock worth $8,461,716 in the last ninety days. Insiders own 0.22% of the company’s stock.

About Union Pacific

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.