Union Savings Bank Acquires New Holdings in Union Pacific Corporation $UNP

Union Savings Bank bought a new position in Union Pacific Corporation (NYSE:UNP) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund bought 2,250 shares of the railroad operator’s stock, valued at approximately $520,000.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. Acadian Asset Management LLC raised its holdings in Union Pacific by 40.4% in the 1st quarter. Acadian Asset Management LLC now owns 2,312 shares of the railroad operator’s stock worth $546,000 after acquiring an additional 665 shares during the period. Schnieders Capital Management LLC. lifted its position in Union Pacific by 0.5% during the 2nd quarter. Schnieders Capital Management LLC. now owns 20,606 shares of the railroad operator’s stock worth $4,741,000 after acquiring an additional 102 shares during the last quarter. Main Street Financial Solutions LLC lifted its position in Union Pacific by 1.6% during the 2nd quarter. Main Street Financial Solutions LLC now owns 3,733 shares of the railroad operator’s stock worth $859,000 after acquiring an additional 58 shares during the last quarter. HUB Investment Partners LLC boosted its holdings in Union Pacific by 10.0% during the second quarter. HUB Investment Partners LLC now owns 6,091 shares of the railroad operator’s stock valued at $1,401,000 after acquiring an additional 554 shares during the period. Finally, Alliancebernstein L.P. boosted its holdings in Union Pacific by 7.4% during the second quarter. Alliancebernstein L.P. now owns 1,528,426 shares of the railroad operator’s stock valued at $351,660,000 after acquiring an additional 105,664 shares during the period. 80.38% of the stock is currently owned by institutional investors and hedge funds.

Union Pacific Stock Performance

NYSE UNP opened at $257.46 on Friday. The stock has a market cap of $152.86 billion, a P/E ratio of 21.21, a PEG ratio of 2.72 and a beta of 0.97. The company’s 50-day simple moving average is $263.79 and its 200 day simple moving average is $249.80. Union Pacific Corporation has a twelve month low of $210.84 and a twelve month high of $279.70. 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 announced its quarterly earnings results on Thursday, April 23rd. The railroad operator reported $2.93 EPS for the quarter, topping analysts’ consensus estimates 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 company’s revenue for the quarter was up 3.2% compared to the same quarter last year. During the same quarter last year, the company earned $2.70 earnings per share. As a group, research analysts forecast that Union Pacific Corporation will post 12.55 earnings per share for the current fiscal year.

Union Pacific Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, June 30th. Stockholders 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 dividend yield of 2.1%. Union Pacific’s dividend payout ratio is presently 45.47%.

Insider Buying and Selling

In other Union Pacific news, EVP Kenyatta G. Rocker sold 27,387 shares of the company’s stock in a transaction 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 sale, the executive vice president directly owned 61,102 shares in the company, valued at $16,605,079.52. This represents a 30.95% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, EVP Eric J. Gehringer sold 2,991 shares of the stock in a transaction on Wednesday, June 3rd. The stock was sold at an average price of $263.96, for a total value of $789,504.36. Following the transaction, the executive vice president owned 43,012 shares of the company’s stock, valued at $11,353,447.52. This represents a 6.50% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 32,378 shares of company stock worth $8,781,595 in the last 90 days. 0.22% of the stock is owned by company insiders.

Analysts Set New Price Targets

UNP has been the topic of a number of recent analyst reports. Citigroup reiterated a “buy” rating and issued a $307.00 price objective (up from $285.00) on shares of Union Pacific in a research note on Friday, April 24th. BMO Capital Markets restated a “market perform” rating and set a $285.00 target price (up from $278.00) on shares of Union Pacific in a research note on Friday, April 24th. Royal Bank Of Canada reaffirmed an “outperform” rating and issued a $289.00 target price (up from $273.00) on shares of Union Pacific in a report on Friday, April 24th. Weiss Ratings raised Union Pacific from a “buy (b-)” rating to a “buy (b)” rating in a research report on Tuesday, April 21st. Finally, Evercore reiterated an “outperform” rating and set a $277.00 price target on shares of Union Pacific in a report on Friday, April 24th. One equities 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’s stock. According to MarketBeat, Union Pacific presently has an average rating of “Moderate Buy” and an average target price of $282.21.

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.