Berkeley Capital Partners LLC raised its holdings in shares of Union Pacific Corporation (NYSE:UNP – Free Report) by 294.6% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 4,510 shares of the railroad operator’s stock after buying an additional 3,367 shares during the period. Berkeley Capital Partners LLC’s holdings in Union Pacific were worth $1,043,000 as of its most recent SEC filing.
A number of other large investors have also recently added to or reduced their stakes in the business. Midwest Trust Co boosted its stake in Union Pacific by 2.8% in the 3rd quarter. Midwest Trust Co now owns 281,036 shares of the railroad operator’s stock worth $66,428,000 after purchasing an additional 7,759 shares during the period. Thrivent Financial for Lutherans boosted its stake in Union Pacific by 15.1% in the 3rd quarter. Thrivent Financial for Lutherans now owns 135,188 shares of the railroad operator’s stock worth $31,955,000 after purchasing an additional 17,696 shares during the period. Bessemer Group Inc. boosted its stake in Union Pacific by 29.6% in the 3rd quarter. Bessemer Group Inc. now owns 653,589 shares of the railroad operator’s stock worth $154,488,000 after purchasing an additional 149,158 shares during the period. AustralianSuper Pty Ltd acquired a new position in Union Pacific in the 3rd quarter worth approximately $802,000. Finally, Berman McAleer LLC acquired a new position in Union Pacific in the 3rd quarter worth approximately $1,036,000. 80.38% of the stock is currently owned by institutional investors.
Insider Transactions at Union Pacific
In other news, EVP Eric J. Gehringer sold 1,999 shares of the stock in a transaction on Friday, March 20th. The shares were sold at an average price of $234.93, for a total transaction of $469,625.07. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, EVP Kenyatta G. Rocker sold 27,387 shares of the stock in a transaction on Friday, April 24th. The stock was sold at an average price of $271.76, for a total transaction of $7,442,691.12. Following the transaction, the executive vice president owned 61,102 shares in the company, valued at approximately $16,605,079.52. This trade represents 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 in the last 90 days. 0.22% of the stock is owned by insiders.
Union Pacific Stock Performance
Union Pacific (NYSE:UNP – Get Free Report) last announced its quarterly earnings results on Thursday, April 23rd. The railroad operator reported $2.93 EPS for the quarter, topping 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 for the quarter, compared to analyst estimates of $6.12 billion. During the same quarter in the prior year, the business posted $2.70 EPS. Union Pacific’s quarterly revenue was up 3.2% on a year-over-year basis. Equities analysts expect that Union Pacific Corporation will post 12.53 EPS for the current fiscal year.
Analyst Ratings Changes
UNP has been the subject of a number of research analyst reports. BMO Capital Markets reiterated a “market perform” rating and issued a $285.00 target price (up from $278.00) on shares of Union Pacific in a research report on Friday, April 24th. Royal Bank Of Canada reiterated an “outperform” rating and issued a $289.00 target price (up from $273.00) on shares of Union Pacific in a research report on Friday, April 24th. JPMorgan Chase & Co. increased their target price on shares of Union Pacific from $267.00 to $275.00 and gave the stock a “neutral” rating in a research report on Friday, April 24th. Benchmark increased their target price on shares of Union Pacific from $275.00 to $300.00 and gave the stock a “buy” rating in a research report on Friday, April 24th. Finally, UBS Group reiterated a “neutral” rating and issued a $274.00 target price (up from $253.00) on shares of Union Pacific in a research report on Friday, April 24th. One research analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating and eight have given a Hold rating to the stock. According to MarketBeat.com, Union Pacific has an average rating of “Moderate Buy” and a consensus target price of $279.55.
Get Our Latest Stock Analysis on UNP
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.
Read More
- Five stocks we like better than Union Pacific
- D-Wave Earnings Looked Weak, But Investors May Be Missing This
- Nebius Upside Expands as AI Feedback Loop Intensifies
- Insider Trades: Okta and Abbott See Buys, Micron Insiders Sell
- Plug Power Flips The Switch On Profitability
Receive News & Ratings for Union Pacific Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Union Pacific and related companies with MarketBeat.com's FREE daily email newsletter.
