Union Pacific Corporation $UNP Shares Bought by Vise Technologies Inc.

Vise Technologies Inc. raised its position in Union Pacific Corporation (NYSE:UNP) by 56.7% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 15,694 shares of the railroad operator’s stock after purchasing an additional 5,681 shares during the quarter. Vise Technologies Inc.’s holdings in Union Pacific were worth $3,630,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently bought and sold shares of UNP. Norges Bank purchased a new stake in Union Pacific during the 4th quarter worth approximately $1,779,907,000. Capital World Investors increased its stake in Union Pacific by 193.3% during the 3rd quarter. Capital World Investors now owns 10,481,043 shares of the railroad operator’s stock worth $2,477,404,000 after buying an additional 6,908,016 shares during the period. Capital Research Global Investors increased its stake in Union Pacific by 95.0% during the 3rd quarter. Capital Research Global Investors now owns 8,713,196 shares of the railroad operator’s stock worth $2,059,538,000 after buying an additional 4,244,226 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its stake in Union Pacific by 72.7% during the 3rd quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 9,177,002 shares of the railroad operator’s stock worth $2,169,168,000 after buying an additional 3,861,636 shares during the period. Finally, EdgePoint Investment Group Inc. purchased a new stake in Union Pacific during the 3rd quarter worth approximately $408,592,000. 80.38% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of equities research analysts have commented on UNP shares. Robert W. Baird set a $311.00 price objective on shares of Union Pacific and gave the company an “outperform” rating in a research report on Friday, March 6th. Barclays reissued an “overweight” rating and issued a $315.00 price objective (up from $285.00) on shares of Union Pacific in a research report on Friday, April 24th. Raymond James Financial set a $310.00 price objective on shares of Union Pacific in a research report on Friday, April 24th. JPMorgan Chase & Co. increased their price objective on shares of Union Pacific from $267.00 to $275.00 and gave the company a “neutral” rating in a research report on Friday, April 24th. Finally, Susquehanna reissued a “positive” rating and issued a $305.00 price objective on shares of Union Pacific in a research report on Friday. One analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating and eight have assigned a Hold rating to the company. According to MarketBeat.com, Union Pacific presently has a consensus rating of “Moderate Buy” and a consensus price target of $282.21.

Union Pacific Trading Up 3.2%

NYSE UNP opened at $272.28 on Friday. The company has a debt-to-equity ratio of 1.53, a current ratio of 0.92 and a quick ratio of 0.73. The firm’s fifty day moving average price is $259.32 and its 200 day moving average price is $247.03. The company has a market capitalization of $161.66 billion, a price-to-earnings ratio of 22.43, a price-to-earnings-growth ratio of 2.80 and a beta of 0.97. Union Pacific Corporation has a 12 month low of $210.84 and a 12 month high of $279.70.

Union Pacific (NYSE:UNP) last posted its earnings results on Thursday, April 23rd. The railroad operator reported $2.93 EPS for the quarter, beating analysts’ consensus estimates of $2.86 by $0.07. The firm had revenue of $6.22 billion for the quarter, compared to the consensus estimate of $6.12 billion. Union Pacific had a net margin of 29.20% and a return on equity of 39.58%. The company’s revenue was up 3.2% on a year-over-year basis. During the same period last year, the firm posted $2.70 EPS. On average, sell-side analysts expect that Union Pacific Corporation will post 12.53 earnings per share for the current fiscal year.

Union Pacific Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Tuesday, June 30th. Investors of record on Friday, May 29th will be given a $1.38 dividend. This represents a $5.52 dividend on an annualized basis and a dividend yield of 2.0%. The ex-dividend date of this dividend is Friday, May 29th. Union Pacific’s dividend payout ratio (DPR) is 45.47%.

Insider Activity at Union Pacific

In related news, EVP Eric J. Gehringer sold 2,991 shares of the stock in a transaction on Wednesday, June 3rd. The shares were sold at an average price of $263.96, for a total value of $789,504.36. Following the transaction, the executive vice president directly owned 43,012 shares of the company’s stock, valued at $11,353,447.52. This trade represents a 6.50% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CFO Jennifer L. Hamann sold 2,000 shares of the stock in a transaction on Friday, April 24th. The shares were 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. This trade represents a 1.71% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 34,377 shares of company stock valued at $9,251,221 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.