Marble Wealth LLC Makes New $584,000 Investment in Union Pacific Corporation $UNP

Marble Wealth LLC bought a new position in shares of Union Pacific Corporation (NYSE:UNP) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm bought 2,525 shares of the railroad operator’s stock, valued at approximately $584,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Vanguard Group Inc. raised its stake in Union Pacific by 1.1% during the 4th quarter. Vanguard Group Inc. now owns 59,329,262 shares of the railroad operator’s stock worth $13,724,045,000 after acquiring an additional 659,378 shares during the period. Geode Capital Management LLC raised its stake in Union Pacific by 2.0% during the 4th quarter. Geode Capital Management LLC now owns 15,360,668 shares of the railroad operator’s stock worth $3,552,550,000 after acquiring an additional 296,814 shares during the period. Capital World Investors raised 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 acquiring an additional 6,908,016 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised 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 acquiring an additional 3,861,636 shares during the period. Finally, Capital Research Global Investors raised 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 acquiring an additional 4,244,226 shares during the period. Institutional investors own 80.38% of the company’s stock.

Insider Activity

In other news, CFO Jennifer L. Hamann sold 2,000 shares of Union Pacific stock in a transaction that occurred 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 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 ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, EVP Kenyatta G. Rocker sold 27,387 shares of Union Pacific stock in a transaction that occurred 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 sale, the executive vice president owned 61,102 shares in the company, valued at approximately $16,605,079.52. The trade was a 30.95% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 31,386 shares of company stock worth $8,461,716 over the last quarter. Insiders own 0.22% of the company’s stock.

Analysts Set New Price Targets

UNP has been the topic of a number of recent analyst reports. Wells Fargo & Company restated an “overweight” rating and set a $300.00 target price (up from $260.00) on shares of Union Pacific in a research note on Friday, April 24th. Barclays restated an “overweight” rating and set a $315.00 target price (up from $285.00) on shares of Union Pacific in a research note on Friday, April 24th. Citigroup restated a “buy” rating and set a $307.00 target price (up from $285.00) on shares of Union Pacific in a research note on Friday, April 24th. UBS Group restated a “neutral” rating and set a $274.00 target price (up from $253.00) on shares of Union Pacific in a research note on Friday, April 24th. Finally, Raymond James Financial set a $310.00 target price on shares of Union Pacific in a research note on Friday, April 24th. One investment 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. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $280.47.

Union Pacific Trading Down 0.7%

Union Pacific stock opened at $262.87 on Thursday. The stock has a market cap of $156.07 billion, a P/E ratio of 21.65, a PEG ratio of 2.81 and a beta of 0.97. The company has a debt-to-equity ratio of 1.53, a current ratio of 0.92 and a quick ratio of 0.73. Union Pacific Corporation has a 1 year low of $210.84 and a 1 year high of $279.70. The firm’s 50 day moving average price is $258.23 and its 200-day moving average price is $246.56.

Union Pacific (NYSE:UNP) last released its quarterly earnings data 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. The firm had revenue of $6.22 billion for 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 business posted $2.70 earnings per share. On average, equities analysts predict that Union Pacific Corporation will post 12.53 earnings per share for the current fiscal year.

Union Pacific Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 30th. Stockholders of record on Friday, May 29th will be given a dividend of $1.38 per share. The ex-dividend date is Friday, May 29th. This represents a $5.52 annualized dividend and a dividend yield of 2.1%. Union Pacific’s dividend payout ratio (DPR) is presently 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.