TMB Capital Partners LLC Buys Shares of 6,039 Union Pacific Corporation $UNP

TMB Capital Partners LLC purchased a new position in Union Pacific Corporation (NYSE:UNP) in the 4th quarter, Holdings Channel reports. The institutional investor purchased 6,039 shares of the railroad operator’s stock, valued at approximately $1,397,000.

Other hedge funds also recently modified their holdings of the company. Rachor Investment Advisory Services LLC acquired a new position in shares of Union Pacific in the 4th quarter valued at approximately $25,000. Tucker Asset Management LLC bought a new position in Union Pacific in the fourth quarter valued at approximately $25,000. SWAN Capital LLC lifted its stake in Union Pacific by 2,575.0% in the fourth quarter. SWAN Capital LLC now owns 107 shares of the railroad operator’s stock valued at $25,000 after buying an additional 103 shares in the last quarter. High Point Wealth Management LLC bought a new position in Union Pacific in the fourth quarter valued at approximately $26,000. Finally, Caitlin John LLC acquired a new position in shares of Union Pacific in the third quarter valued at approximately $27,000. Institutional investors and hedge funds own 80.38% of the company’s stock.

Union Pacific Stock Performance

Shares of UNP opened at $257.46 on Friday. The stock has a market capitalization of $152.86 billion, a price-to-earnings ratio of 21.21, a PEG ratio of 2.74 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. The firm has a fifty day simple moving average of $263.62 and a 200 day simple moving average of $249.75. The company has a current ratio of 0.92, a quick ratio of 0.73 and a debt-to-equity ratio of 1.53.

Union Pacific (NYSE:UNP) last issued 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 firm had revenue of $6.22 billion for the quarter, compared to analyst estimates of $6.12 billion. During the same period in the previous year, the business earned $2.70 EPS. The company’s revenue was up 3.2% compared to the same quarter last year. Research analysts forecast that Union Pacific Corporation will post 12.55 EPS for the current fiscal year.

Union Pacific Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, June 30th. Investors of record on Friday, May 29th will be given a $1.38 dividend. The ex-dividend date of this dividend is Friday, May 29th. This represents a $5.52 dividend on an annualized basis and a dividend yield of 2.1%. Union Pacific’s payout ratio is currently 45.47%.

Insider Activity at Union Pacific

In other Union Pacific news, CFO Jennifer L. Hamann sold 2,000 shares of the firm’s stock in a transaction that occurred on Friday, April 24th. The stock was 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 directly 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 document filed with the Securities & Exchange Commission, which is available through this link. Also, EVP Kenyatta G. Rocker sold 27,387 shares of the business’s stock in a transaction that occurred on Friday, April 24th. The stock was 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 in the company, 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. Over the last quarter, insiders have sold 32,378 shares of company stock valued at $8,781,595. 0.22% of the stock is owned by insiders.

Wall Street Analyst Weigh In

UNP has been the subject of several research reports. BMO Capital Markets reissued a “market perform” rating and set a $285.00 price objective (up from $278.00) on shares of Union Pacific in a research report on Friday, April 24th. Royal Bank Of Canada restated an “outperform” rating and issued a $289.00 price target (up from $273.00) on shares of Union Pacific in a report on Friday, April 24th. Benchmark upped their price objective on Union Pacific from $275.00 to $300.00 and gave the stock a “buy” rating in a research report on Friday, April 24th. Citigroup reiterated a “buy” rating and set a $307.00 price objective (up from $285.00) on shares of Union Pacific in a report on Friday, April 24th. Finally, UBS Group reiterated a “neutral” rating and set a $274.00 price objective (up from $253.00) on shares of Union Pacific in a report on Friday, April 24th. One research analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating and eight have issued a Hold rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $282.21.

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.