Ironvine Capital Partners LLC Increases Position in Union Pacific Corporation $UNP

Ironvine Capital Partners LLC boosted its holdings in Union Pacific Corporation (NYSE:UNP) by 117.2% during the 4th quarter, Holdings Channel.com reports. The fund owned 186,641 shares of the railroad operator’s stock after purchasing an additional 100,701 shares during the quarter. Union Pacific accounts for 4.3% of Ironvine Capital Partners LLC’s investment portfolio, making the stock its 9th biggest holding. Ironvine Capital Partners LLC’s holdings in Union Pacific were worth $43,174,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Rachor Investment Advisory Services LLC bought a new stake in shares of Union Pacific in the 4th quarter worth $25,000. Tucker Asset Management LLC bought a new stake in shares of Union Pacific in the 4th quarter worth $25,000. SWAN Capital LLC grew its stake in shares of Union Pacific by 2,575.0% in the 4th quarter. SWAN Capital LLC now owns 107 shares of the railroad operator’s stock worth $25,000 after acquiring an additional 103 shares in the last quarter. High Point Wealth Management LLC bought a new stake in shares of Union Pacific in the 4th quarter worth $26,000. Finally, Caitlin John LLC bought a new stake in shares of Union Pacific in the 3rd quarter worth $27,000. Institutional investors own 80.38% of the company’s stock.

Union Pacific Price Performance

Shares of NYSE:UNP opened at $272.37 on Friday. The company has a 50 day moving average of $262.23 and a 200 day moving average of $248.69. The company has a current ratio of 0.92, a quick ratio of 0.73 and a debt-to-equity ratio of 1.53. The stock has a market cap of $161.71 billion, a P/E ratio of 22.44, a P/E/G ratio of 2.84 and a beta of 0.97. Union Pacific Corporation has a 12 month low of $210.84 and a 12 month high of $279.70.

Union Pacific (NYSE:UNP) last released its quarterly earnings results on Thursday, April 23rd. The railroad operator reported $2.93 EPS for the quarter, beating analysts’ consensus estimates of $2.86 by $0.07. The firm had revenue of $6.22 billion during the quarter, compared to analyst estimates of $6.12 billion. Union Pacific had a net margin of 29.20% and a return on equity of 39.58%. The business’s revenue for the quarter was up 3.2% on a year-over-year basis. During the same period in the previous year, the business earned $2.70 EPS. As a group, sell-side analysts forecast that Union Pacific Corporation will post 12.55 EPS for the current fiscal year.

Union Pacific Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, June 30th. Shareholders of record on Friday, May 29th will be paid a $1.38 dividend. This represents a $5.52 dividend on an annualized basis and a yield of 2.0%. The ex-dividend date is Friday, May 29th. Union Pacific’s dividend payout ratio is currently 45.47%.

Insider Buying and Selling at Union Pacific

In other news, CFO Jennifer L. Hamann sold 2,000 shares of Union Pacific stock in a transaction dated Friday, April 24th. The stock was sold at an average price of $274.70, for a total transaction of $549,400.00. Following the completion of the sale, the chief financial officer owned 114,642 shares in the company, valued at approximately $31,492,157.40. This trade represents a 1.71% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, EVP Eric J. Gehringer sold 2,991 shares of the business’s stock in a transaction dated Wednesday, June 3rd. The stock was sold at an average price of $263.96, for a total value of $789,504.36. Following the transaction, the executive vice president directly owned 43,012 shares of the company’s stock, valued at $11,353,447.52. The trade was a 6.50% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 34,377 shares of company stock valued at $9,251,221 in the last 90 days. Corporate insiders own 0.22% of the company’s stock.

Analyst Ratings Changes

Several analysts have recently issued reports on UNP shares. Evercore reiterated an “outperform” rating and issued a $277.00 target price on shares of Union Pacific in a research note on Friday, April 24th. 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 note on Friday, April 24th. Benchmark increased their price target on shares of Union Pacific from $275.00 to $300.00 and gave the company a “buy” rating in a research report on Friday, April 24th. JPMorgan Chase & Co. increased their price target on shares of Union Pacific from $267.00 to $275.00 and gave the company a “neutral” rating in a research report on Friday, April 24th. Finally, Robert W. Baird set a $311.00 price target on shares of Union Pacific and gave the company an “outperform” rating in a research report on Friday, March 6th. One equities research analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating and eight have given a Hold rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $282.21.

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.