Fideuram Intesa Sanpaolo Private Banking S.P.A. Takes $563,000 Position in Union Pacific Corporation $UNP

Fideuram Intesa Sanpaolo Private Banking S.P.A. purchased a new stake in Union Pacific Corporation (NYSE:UNP) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 2,436 shares of the railroad operator’s stock, valued at approximately $563,000.

A number of other hedge funds have also made changes to their positions in UNP. Midwest Trust Co increased its position in Union Pacific by 2.8% during 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 in the last quarter. Thrivent Financial for Lutherans increased its position in Union Pacific by 15.1% during 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 in the last quarter. Bessemer Group Inc. increased its position in Union Pacific by 29.6% during 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 in the last quarter. AustralianSuper Pty Ltd purchased a new stake in Union Pacific during the 3rd quarter worth about $802,000. Finally, Berman McAleer LLC purchased a new stake in Union Pacific during the 3rd quarter worth about $1,036,000. Hedge funds and other institutional investors own 80.38% of the company’s stock.

Wall Street Analyst Weigh In

UNP has been the subject of a number of recent research reports. UBS Group reiterated a “neutral” rating and set a $274.00 price objective (up from $253.00) on shares of Union Pacific in a research report on Friday, April 24th. Robert W. Baird set a $311.00 price objective on Union Pacific and gave the stock an “outperform” rating in a research report on Friday, March 6th. JPMorgan Chase & Co. lifted their price objective on Union Pacific from $267.00 to $275.00 and gave the stock a “neutral” rating in a research report on Friday, April 24th. Barclays reiterated an “overweight” rating and set a $315.00 price objective (up from $285.00) on shares of Union Pacific in a research report on Friday, April 24th. Finally, Sanford C. Bernstein lifted their price objective on Union Pacific from $289.00 to $293.00 and gave the stock an “outperform” rating in a research report on Tuesday, March 31st. One 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 company’s stock. Based on data from MarketBeat, Union Pacific has an average rating of “Moderate Buy” and an average price target of $280.47.

Insider Buying and Selling at Union Pacific

In other Union Pacific 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 value of $549,400.00. Following the completion of the sale, the chief financial officer owned 114,642 shares in the company, valued at $31,492,157.40. The trade was a 1.71% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, EVP Eric J. Gehringer sold 1,999 shares of Union Pacific stock in a transaction dated Friday, March 20th. The shares were sold at an average price of $234.93, for a total value of $469,625.07. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 31,386 shares of company stock worth $8,461,716 in the last 90 days. 0.22% of the stock is owned by company insiders.

Union Pacific Stock Up 0.1%

UNP opened at $265.65 on Friday. The company has a debt-to-equity ratio of 1.53, a current ratio of 0.92 and a quick ratio of 0.73. The stock has a market capitalization of $157.72 billion, a price-to-earnings ratio of 21.88, a price-to-earnings-growth ratio of 2.82 and a beta of 0.99. The business has a 50-day moving average of $253.79 and a two-hundred day moving average of $243.82. Union Pacific Corporation has a 12 month low of $210.84 and a 12 month high of $276.40.

Union Pacific (NYSE:UNP) last posted its quarterly earnings results on Thursday, April 23rd. The railroad operator reported $2.93 EPS for the quarter, beating the consensus estimate of $2.86 by $0.07. The company had revenue of $6.22 billion during the quarter, compared to analysts’ expectations of $6.12 billion. Union Pacific had a return on equity of 39.58% and a net margin of 29.20%.The firm’s revenue was up 3.2% on a year-over-year basis. During the same quarter in the previous year, the business earned $2.70 EPS. On average, research analysts expect that Union Pacific Corporation will post 12.53 earnings per share for the current year.

Union Pacific Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, June 30th. Shareholders of record on Friday, May 29th will be issued a $1.38 dividend. The ex-dividend date is Friday, May 29th. This represents a $5.52 annualized dividend and a yield of 2.1%. Union Pacific’s payout ratio is 45.47%.

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.