Union Pacific Corporation $UNP Shares Bought by Calamos Wealth Management LLC

Calamos Wealth Management LLC lifted its stake in shares of Union Pacific Corporation (NYSE:UNP) by 947.6% during the first quarter, Holdings Channel.com reports. The firm owned 43,621 shares of the railroad operator’s stock after acquiring an additional 39,457 shares during the period. Calamos Wealth Management LLC’s holdings in Union Pacific were worth $10,583,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also bought and sold shares of the stock. Rachor Investment Advisory Services LLC acquired a new stake in shares of Union Pacific in the 4th quarter worth approximately $25,000. Tucker Asset Management LLC acquired a new position in shares of Union Pacific during the fourth quarter valued at approximately $25,000. SWAN Capital LLC increased its stake 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 valued at $25,000 after acquiring an additional 103 shares during the period. High Point Wealth Management LLC acquired a new position in shares of Union Pacific during the fourth quarter valued at approximately $26,000. Finally, Saranac Partners Ltd bought a new stake in Union Pacific during the third quarter worth approximately $27,000. Institutional investors and hedge funds own 80.38% of the company’s stock.

Union Pacific Price Performance

Shares of NYSE:UNP opened at $289.26 on Tuesday. Union Pacific Corporation has a one year low of $210.84 and a one year high of $290.41. The stock has a fifty day moving average of $269.62 and a 200-day moving average of $254.46. The company has a market capitalization of $171.74 billion, a PE ratio of 23.83, a price-to-earnings-growth ratio of 3.02 and a beta of 0.96. The company has a debt-to-equity ratio of 1.53, a quick ratio of 0.73 and a current ratio of 0.92.

Union Pacific (NYSE:UNP) last released its quarterly earnings data on Thursday, April 23rd. The railroad operator reported $2.93 earnings per share for the quarter, topping the consensus estimate 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 return on equity of 39.58% and a net margin of 29.20%.The company’s revenue was up 3.2% compared to the same quarter last year. During the same period last year, the company posted $2.70 EPS. As a group, equities analysts anticipate that Union Pacific Corporation will post 12.56 EPS for the current fiscal year.

Union Pacific Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Shareholders 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 1.9%. The ex-dividend date was Friday, May 29th. Union Pacific’s payout ratio is presently 45.47%.

Insiders Place Their Bets

In other news, 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 value of $7,442,691.12. Following 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 ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, CFO Jennifer L. Hamann sold 2,000 shares of the business’s 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 represents a 1.71% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders have sold 32,378 shares of company stock worth $8,781,595. Company insiders own 0.22% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts have weighed in on UNP shares. Sanford C. Bernstein upped their target price on Union Pacific from $289.00 to $293.00 and gave the stock an “outperform” rating in a research report on Tuesday, March 31st. Stephens upgraded Union Pacific to a “strong-buy” rating in a research report on Wednesday, July 8th. TD Cowen boosted their price objective on Union Pacific from $256.00 to $282.00 and gave the stock a “buy” rating in a research note on Friday, April 24th. Susquehanna restated a “positive” rating and issued a $305.00 price objective on shares of Union Pacific in a report on Friday, June 5th. Finally, Barclays reaffirmed 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. Two equities research analysts have rated the stock with a Strong Buy rating, twelve have issued a Buy rating and seven have given a Hold rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $293.33.

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.