Sentinel Trust Co. LBA reduced its holdings in shares of Union Pacific Corporation (NYSE:UNP – Free Report) by 29.6% in the first quarter, according to its most recent filing with the SEC. The fund owned 5,624 shares of the railroad operator’s stock after selling 2,365 shares during the period. Sentinel Trust Co. LBA’s holdings in Union Pacific were worth $1,364,000 at the end of the most recent quarter.
A number of other large investors also recently bought and sold shares of UNP. Tucker Asset Management LLC purchased a new stake in Union Pacific in the fourth quarter worth $25,000. SWAN Capital LLC lifted its position in shares of Union Pacific by 2,575.0% during the fourth quarter. SWAN Capital LLC now owns 107 shares of the railroad operator’s stock worth $25,000 after purchasing an additional 103 shares during the last quarter. Rachor Investment Advisory Services LLC purchased a new stake in shares of Union Pacific during the fourth quarter valued at $25,000. High Point Wealth Management LLC bought a new position in shares of Union Pacific in the fourth quarter worth about $26,000. Finally, Cornerstone Financial Management LLC bought a new position in shares of Union Pacific in the fourth quarter worth about $27,000. Hedge funds and other institutional investors own 80.38% of the company’s stock.
Insider Buying and Selling
In other Union Pacific news, 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 transaction of $789,504.36. Following the sale, the executive vice president owned 43,012 shares of the company’s stock, valued at approximately $11,353,447.52. This trade represents a 6.50% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP Kenyatta G. Rocker sold 27,387 shares of Union Pacific stock in a transaction on Friday, April 24th. The shares were sold at an average price of $271.76, for a total value of $7,442,691.12. Following the completion of the transaction, the executive vice president 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. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 32,378 shares of company stock valued at $8,781,595 over the last 90 days. Corporate insiders own 0.22% of the company’s stock.
Key Union Pacific News
- Positive Sentiment: Union Pacific received the first rail from Rocky Mountain Steel’s new $1.2 billion Pueblo mill, kicking off a seven-year domestic supply contract that could improve rail-input reliability and support efficiency. Article Title
- Positive Sentiment: Several analysts remain constructive, with recent price-target increases and buy/outperform-style ratings helping reinforce expectations for stronger earnings and continued momentum. Article Title
- Positive Sentiment: Heading into Q2 results, earnings estimates have been rising as stronger freight demand may offset volume and supply-chain pressures, which could set up a positive catalyst if Union Pacific beats expectations. Article Title
- Neutral Sentiment: A valuation article said Union Pacific looks fairly valued on cash flow, suggesting the shares may be closer to intrinsic value than deeply discounted, which is less of a near-term trading catalyst. Article Title
- Negative Sentiment: Dan Loeb’s Third Point cut its Union Pacific stake by more than 90% while also slashing other railroad holdings, a move that may pressure sentiment around the sector amid merger uncertainty. Article Title
Wall Street Analyst Weigh In
UNP has been the topic of several recent analyst reports. Sanford C. Bernstein lifted their price objective 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. Stephens upgraded shares of Union Pacific to a “strong-buy” rating in a research note on Wednesday, July 8th. Royal Bank Of Canada reaffirmed an “outperform” rating and set a $289.00 target price (up from $273.00) on shares of Union Pacific in a research report on Friday, April 24th. Weiss Ratings lowered Union Pacific from a “buy (b)” rating to a “buy (b-)” rating in a report on Tuesday, June 23rd. Finally, Wells Fargo & Company increased their price objective on Union Pacific from $300.00 to $315.00 and gave the stock an “overweight” rating in a research note on Wednesday, July 8th. Two equities research analysts have rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and seven have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $299.11.
Get Our Latest Research Report on Union Pacific
Union Pacific Stock Down 0.1%
Shares of Union Pacific stock opened at $301.44 on Monday. 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 stock has a market cap of $178.96 billion, a price-to-earnings ratio of 24.83, a PEG ratio of 3.16 and a beta of 0.96. The firm’s 50-day moving average is $271.93 and its two-hundred day moving average is $256.15. Union Pacific Corporation has a 1 year low of $210.84 and a 1 year high of $303.15.
Union Pacific (NYSE:UNP – Get Free Report) last posted its quarterly earnings results on Thursday, April 23rd. The railroad operator reported $2.93 EPS for the quarter, beating the consensus estimate of $2.86 by $0.07. Union Pacific had a net margin of 29.20% and a return on equity of 39.58%. The business had revenue of $6.22 billion during the quarter, compared to analyst estimates of $6.12 billion. During the same quarter in the previous year, the business posted $2.70 EPS. The company’s quarterly revenue was up 3.2% compared to the same quarter last year. As a group, research analysts expect that Union Pacific Corporation will post 12.62 earnings per share for the current fiscal year.
Union Pacific Dividend Announcement
The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Investors of record on Friday, May 29th were issued a dividend of $1.38 per share. This represents a $5.52 annualized dividend and a yield of 1.8%. The ex-dividend date of this dividend was Friday, May 29th. Union Pacific’s dividend payout ratio (DPR) is presently 45.47%.
Union Pacific 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.
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