Shepherd Street Advisors LLC Invests $830,000 in Union Pacific Corporation $UNP

Shepherd Street Advisors LLC bought a new position in shares of Union Pacific Corporation (NYSE:UNP) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 3,589 shares of the railroad operator’s stock, valued at approximately $830,000.

Several other hedge funds have also made changes to their positions in UNP. Rachor Investment Advisory Services LLC acquired a new stake in shares of Union Pacific during the fourth quarter worth about $25,000. Tucker Asset Management LLC acquired a new stake in shares of Union Pacific during the fourth quarter worth about $25,000. High Point Wealth Management LLC acquired a new stake in shares of Union Pacific during the fourth quarter worth about $26,000. Caitlin John LLC acquired a new stake in shares of Union Pacific during the third quarter worth about $27,000. Finally, Saranac Partners Ltd acquired a new stake in shares of Union Pacific during the third quarter worth about $27,000. Institutional investors and hedge funds own 80.38% of the company’s stock.

Insider Buying and Selling at Union Pacific

In other Union Pacific news, CFO Jennifer L. Hamann sold 2,000 shares of the stock in a transaction dated Friday, April 24th. The shares were sold at an average price of $274.70, for a total value of $549,400.00. Following the completion of the transaction, the chief financial officer directly owned 114,642 shares of the company’s stock, valued at approximately $31,492,157.40. This trade represents a 1.71% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, EVP Kenyatta G. Rocker sold 27,387 shares of the stock in a transaction dated Friday, April 24th. The shares were sold at an average price of $271.76, for a total transaction 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 approximately $16,605,079.52. This trade represents a 30.95% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders sold 31,386 shares of company stock valued at $8,461,716. Corporate insiders own 0.22% of the company’s stock.

Union Pacific Trading Up 0.5%

NYSE UNP opened at $264.91 on Wednesday. The stock has a market capitalization of $157.28 billion, a P/E ratio of 21.82, a P/E/G ratio of 2.80 and a beta of 0.97. Union Pacific Corporation has a 52-week low of $210.84 and a 52-week high of $279.70. The firm has a 50-day moving average price of $257.15 and a 200 day moving average price of $245.98. The company has a quick ratio of 0.73, a current ratio of 0.92 and a debt-to-equity ratio of 1.53.

Union Pacific (NYSE:UNP) last posted its quarterly earnings results 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. The firm had revenue of $6.22 billion during the quarter, compared to analysts’ expectations of $6.12 billion. Union Pacific had a net margin of 29.20% and a return on equity of 39.58%. The firm’s revenue for the quarter was up 3.2% on a year-over-year basis. During the same period in the prior year, the company posted $2.70 earnings per share. Equities research analysts expect that Union Pacific Corporation will post 12.53 EPS for the current year.

Union Pacific Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, June 30th. Shareholders of record on Friday, May 29th will be issued a $1.38 dividend. The ex-dividend date of this dividend is Friday, May 29th. This represents a $5.52 dividend on an annualized basis and a yield of 2.1%. Union Pacific’s dividend payout ratio (DPR) is 45.47%.

Wall Street Analysts Forecast Growth

UNP has been the subject of several recent research reports. TD Cowen increased their target price on shares of Union Pacific from $256.00 to $282.00 and gave the stock a “buy” rating in a research note on Friday, April 24th. Royal Bank Of Canada reissued an “outperform” rating and set a $289.00 price target (up from $273.00) on shares of Union Pacific in a report on Friday, April 24th. Robert W. Baird set a $311.00 price target on shares of Union Pacific and gave the stock an “outperform” rating in a report on Friday, March 6th. Sanford C. Bernstein increased their price target on shares of Union Pacific from $289.00 to $293.00 and gave the stock an “outperform” rating in a report on Tuesday, March 31st. Finally, Wells Fargo & Company reissued an “overweight” rating and set a $300.00 price target (up from $260.00) on shares of Union Pacific in a report on Friday, April 24th. One investment analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating and eight have given a Hold rating to the stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $280.47.

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.