Y Intercept Hong Kong Ltd Buys 15,241 Shares of Union Pacific Corporation $UNP

Y Intercept Hong Kong Ltd increased its stake in Union Pacific Corporation (NYSE:UNP) by 56.1% in the 4th quarter, HoldingsChannel.com reports. The firm owned 42,386 shares of the railroad operator’s stock after acquiring an additional 15,241 shares during the period. Y Intercept Hong Kong Ltd’s holdings in Union Pacific were worth $9,805,000 at the end of the most recent quarter.

Several other institutional investors have also recently bought and sold shares of the stock. Public Sector Pension Investment Board raised its position in shares of Union Pacific by 8.2% during the 3rd quarter. Public Sector Pension Investment Board now owns 842,206 shares of the railroad operator’s stock valued at $199,072,000 after acquiring an additional 63,523 shares during the last quarter. Magellan Asset Management Ltd bought a new stake in shares of Union Pacific during the 3rd quarter valued at $69,343,000. Jefferies Financial Group Inc. grew its holdings in shares of Union Pacific by 1,581.2% in the 3rd quarter. Jefferies Financial Group Inc. now owns 232,000 shares of the railroad operator’s stock valued at $54,838,000 after buying an additional 218,200 shares during the period. North Dakota State Investment Board acquired a new position in shares of Union Pacific in the 4th quarter valued at $4,746,000. Finally, State of New Jersey Common Pension Fund D grew its holdings in shares of Union Pacific by 2.7% in the 3rd quarter. State of New Jersey Common Pension Fund D now owns 208,469 shares of the railroad operator’s stock valued at $49,276,000 after buying an additional 5,572 shares during the period. Institutional investors own 80.38% of the company’s stock.

Analyst Upgrades and Downgrades

UNP has been the subject of several research analyst reports. Wells Fargo & Company reissued an “overweight” rating and issued a $300.00 price target (up from $260.00) on shares of Union Pacific in a report on Friday, April 24th. Royal Bank Of Canada reissued 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. JPMorgan Chase & Co. boosted their price target on shares of Union Pacific from $267.00 to $275.00 and gave the company a “neutral” rating in a report on Friday, April 24th. Weiss Ratings raised shares of Union Pacific from a “buy (b-)” rating to a “buy (b)” rating in a report on Tuesday, April 21st. Finally, BMO Capital Markets reissued a “market perform” rating and issued a $285.00 price target (up from $278.00) 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 assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $282.21.

Union Pacific Price Performance

Shares of NYSE UNP opened at $272.37 on Friday. The firm has a market cap of $161.71 billion, a PE ratio of 22.44, a PEG ratio of 2.84 and a beta of 0.97. 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 Corporation has a 1-year low of $210.84 and a 1-year high of $279.70. The company has a fifty day moving average price of $262.23 and a 200 day moving average price of $248.69.

Union Pacific (NYSE:UNP) last announced its earnings results on Thursday, April 23rd. The railroad operator reported $2.93 earnings per share for the quarter, topping 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 company’s revenue for the quarter was up 3.2% compared to the same quarter last year. During the same period in the prior year, the business earned $2.70 EPS. Research analysts predict that Union Pacific Corporation will post 12.55 earnings per share for the current fiscal year.

Union Pacific Dividend Announcement

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 paid 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 yield of 2.0%. Union Pacific’s dividend payout ratio is presently 45.47%.

Insider Buying and Selling

In related news, EVP Eric J. Gehringer sold 2,991 shares of the company’s stock in a transaction on Wednesday, June 3rd. The shares were sold at an average price of $263.96, for a total value of $789,504.36. Following the completion of the transaction, the executive vice president directly owned 43,012 shares of the company’s stock, valued at approximately $11,353,447.52. This represents a 6.50% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, EVP Kenyatta G. Rocker sold 27,387 shares of the company’s 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 completion of the transaction, the executive vice president directly owned 61,102 shares of the company’s stock, valued at approximately $16,605,079.52. The trade was a 30.95% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders sold 34,377 shares of company stock valued at $9,251,221. Company insiders own 0.22% of the company’s stock.

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.