2,342 Shares in Union Pacific Corporation $UNP Acquired by Main Street Research LLC

Main Street Research LLC acquired a new position in Union Pacific Corporation (NYSE:UNP) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund acquired 2,342 shares of the railroad operator’s stock, valued at approximately $542,000.

Other institutional investors have also recently bought and sold shares of the company. Rachor Investment Advisory Services LLC bought a new position in Union Pacific in the 4th quarter worth approximately $25,000. Tucker Asset Management LLC bought a new stake in shares of Union Pacific during the 4th quarter valued at $25,000. High Point Wealth Management LLC bought a new stake in shares of Union Pacific during the 4th quarter valued at $26,000. Caitlin John LLC bought a new stake in shares of Union Pacific during the 3rd quarter valued at $27,000. Finally, Saranac Partners Ltd bought a new stake in shares of Union Pacific during the 3rd quarter valued at $27,000. Institutional investors own 80.38% of the company’s stock.

Insider Activity

In other news, CFO Jennifer L. Hamann sold 2,000 shares of the business’s stock in a transaction on 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 owned 114,642 shares of the company’s stock, valued at $31,492,157.40. The trade was a 1.71% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP Kenyatta G. Rocker sold 27,387 shares of the business’s stock in a transaction on 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 $16,605,079.52. This trade represents a 30.95% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 31,386 shares of company stock valued at $8,461,716 in the last quarter. Company insiders own 0.22% of the company’s stock.

Analyst Ratings Changes

Several brokerages have commented on UNP. Weiss Ratings upgraded shares of Union Pacific from a “buy (b-)” rating to a “buy (b)” rating in a research report on Tuesday, April 21st. BMO Capital Markets reiterated a “market perform” rating and set a $285.00 target price (up from $278.00) on shares of Union Pacific in a research report on Friday, April 24th. Citigroup reiterated a “buy” rating and set a $307.00 target price (up from $285.00) on shares of Union Pacific in a research report on Friday, April 24th. UBS Group reiterated a “neutral” rating and set a $274.00 target price (up from $253.00) on shares of Union Pacific in a research report on Friday, April 24th. Finally, Robert W. Baird set a $311.00 target price on shares of Union Pacific and gave the company an “outperform” rating in a research report on Friday, March 6th. One research 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 stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $280.47.

Union Pacific Price Performance

Shares of UNP stock opened at $265.65 on Monday. Union Pacific Corporation has a 12-month low of $210.84 and a 12-month high of $276.40. The firm has a market capitalization of $157.72 billion, a price-to-earnings ratio of 21.88, a price-to-earnings-growth ratio of 2.82 and a beta of 0.99. The company has a quick ratio of 0.73, a current ratio of 0.92 and a debt-to-equity ratio of 1.53. The firm has a fifty day moving average of $253.79 and a 200-day moving average of $243.99.

Union Pacific (NYSE:UNP) last announced its quarterly earnings results on Thursday, April 23rd. The railroad operator reported $2.93 earnings per share (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 company 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 earned $2.70 EPS. The firm’s revenue was up 3.2% on a year-over-year basis. On average, equities research analysts forecast that Union Pacific Corporation will post 12.53 earnings per share for the current year.

Union Pacific Announces Dividend

The company also recently declared 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 annualized dividend and a dividend yield of 2.1%. Union Pacific’s payout ratio is 45.47%.

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.