Union Pacific Corporation $UNP Shares Bought by Corient Private Wealth LLC

Corient Private Wealth LLC grew its stake in shares of Union Pacific Corporation (NYSE:UNP) by 18.0% during the 4th quarter, Holdings Channel.com reports. The firm owned 524,541 shares of the railroad operator’s stock after acquiring an additional 79,972 shares during the period. Corient Private Wealth LLC’s holdings in Union Pacific were worth $121,465,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Rachor Investment Advisory Services LLC purchased a new position in Union Pacific in the fourth quarter valued at about $25,000. Tucker Asset Management LLC acquired a new stake in shares of Union Pacific in the 4th quarter worth approximately $25,000. SWAN Capital LLC grew its holdings in shares of Union Pacific by 2,575.0% in the 4th quarter. SWAN Capital LLC now owns 107 shares of the railroad operator’s stock worth $25,000 after acquiring an additional 103 shares during the period. High Point Wealth Management LLC purchased a new position in Union Pacific in the 4th quarter valued at approximately $26,000. Finally, Caitlin John LLC acquired a new position in Union Pacific during the third quarter worth $27,000. Institutional investors and hedge funds own 80.38% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts have commented on the company. Robert W. Baird set a $311.00 target price on Union Pacific and gave the stock an “outperform” rating in a research report on Friday, March 6th. Citigroup reaffirmed a “buy” rating and set a $307.00 price target (up from $285.00) on shares of Union Pacific in a research note on Friday, April 24th. Barclays reissued an “overweight” rating and issued a $315.00 price objective (up from $285.00) on shares of Union Pacific in a research note on Friday, April 24th. Sanford C. Bernstein raised their target price on shares of Union Pacific from $289.00 to $293.00 and gave the company an “outperform” rating in a report on Tuesday, March 31st. Finally, Royal Bank Of Canada reaffirmed an “outperform” rating and issued a $289.00 price target (up from $273.00) 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 issued a Hold rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $282.21.

Insiders Place Their Bets

In other news, EVP Kenyatta G. Rocker sold 27,387 shares of the firm’s stock in a transaction on 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 sale, the executive vice president owned 61,102 shares in the company, valued at $16,605,079.52. This trade represents a 30.95% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CFO Jennifer L. Hamann sold 2,000 shares of the firm’s stock in a transaction on Friday, April 24th. The stock was sold at an average price of $274.70, for a total value of $549,400.00. Following the sale, the chief financial officer owned 114,642 shares in the company, valued at $31,492,157.40. This trade represents a 1.71% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 32,378 shares of company stock valued at $8,781,595 in the last quarter. 0.22% of the stock is currently owned by company insiders.

Union Pacific Price Performance

Union Pacific stock opened at $257.46 on Friday. The stock has a market capitalization of $152.86 billion, a P/E ratio of 21.21, a P/E/G ratio of 2.72 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. 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 50-day moving average is $263.79 and its two-hundred day moving average is $249.80.

Union Pacific (NYSE:UNP) last posted its quarterly earnings data on Thursday, April 23rd. The railroad operator reported $2.93 earnings per share 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 analyst estimates 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 quarter in the previous year, the business posted $2.70 earnings per share. Equities analysts predict that Union Pacific Corporation will post 12.55 earnings per share for the current year.

Union Pacific Announces Dividend

The firm also recently declared 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 is Friday, May 29th. This represents a $5.52 annualized dividend and a yield of 2.1%. Union Pacific’s payout ratio is 45.47%.

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.