Whittier Trust Co. of Nevada Inc. Acquires 3,452 Shares of Union Pacific Corporation $UNP

Whittier Trust Co. of Nevada Inc. raised its holdings in shares of Union Pacific Corporation (NYSE:UNP) by 15.2% in the first quarter, Holdings Channel.com reports. The firm owned 26,207 shares of the railroad operator’s stock after purchasing an additional 3,452 shares during the period. Whittier Trust Co. of Nevada Inc.’s holdings in Union Pacific were worth $6,435,000 as of its most recent SEC filing.

Several other large investors have also recently made changes to their positions in the business. Rachor Investment Advisory Services LLC bought a new position in Union Pacific during the 4th quarter valued at approximately $25,000. Tucker Asset Management LLC purchased a new stake in shares of Union Pacific in the fourth quarter worth $25,000. SWAN Capital LLC grew its stake in shares of Union Pacific by 2,575.0% in the fourth quarter. SWAN Capital LLC now owns 107 shares of the railroad operator’s stock worth $25,000 after acquiring an additional 103 shares during the last quarter. High Point Wealth Management LLC bought a new position in shares of Union Pacific during the fourth quarter valued at $26,000. Finally, Saranac Partners Ltd purchased a new position in shares of Union Pacific in the 3rd quarter worth about $27,000. 80.38% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling at Union Pacific

In other Union Pacific news, EVP Eric J. Gehringer sold 2,991 shares of the company’s stock in a transaction that occurred 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 in the company, valued at $11,353,447.52. This represents a 6.50% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. 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 completion of the sale, the executive vice president directly owned 61,102 shares of the company’s stock, valued at approximately $16,605,079.52. This trade represents a 30.95% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 32,378 shares of company stock valued at $8,781,595 over the last 90 days. 0.22% of the stock is currently owned by corporate insiders.

Union Pacific Stock Performance

Union Pacific stock traded up $1.49 during midday trading on Tuesday, reaching $284.08. 221,332 shares of the company traded hands, compared to its average volume of 3,162,541. Union Pacific Corporation has a 12 month low of $210.84 and a 12 month high of $285.79. 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 business has a 50 day moving average of $267.68 and a two-hundred day moving average of $252.36. The firm has a market capitalization of $168.66 billion, a price-to-earnings ratio of 23.45, a price-to-earnings-growth ratio of 2.97 and a beta of 0.96.

Union Pacific (NYSE:UNP) last posted its quarterly earnings data on Thursday, April 23rd. The railroad operator reported $2.93 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.86 by $0.07. The company had revenue of $6.22 billion for the quarter, compared to the consensus estimate of $6.12 billion. Union Pacific had a net margin of 29.20% and a return on equity of 39.58%. The firm’s revenue was up 3.2% compared to the same quarter last year. During the same quarter last year, the firm posted $2.70 earnings per share. As a group, research analysts predict that Union Pacific Corporation will post 12.55 earnings per share for the current year.

Union Pacific Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Friday, May 29th were issued a dividend of $1.38 per share. The ex-dividend date of this dividend was Friday, May 29th. This represents a $5.52 annualized dividend and a yield of 1.9%. Union Pacific’s payout ratio is currently 45.47%.

Wall Street Analysts Forecast Growth

Several brokerages have issued reports on UNP. UBS Group reaffirmed a “neutral” rating and issued a $274.00 target price (up from $253.00) on shares of Union Pacific in a report on Friday, April 24th. Benchmark boosted their price objective on shares of Union Pacific from $275.00 to $300.00 and gave the stock a “buy” rating in a report on Friday, April 24th. BMO Capital Markets reaffirmed a “market perform” rating and issued 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 reiterated an “outperform” rating and set a $289.00 target price (up from $273.00) on shares of Union Pacific in a research note on Friday, April 24th. Finally, Susquehanna reissued a “positive” rating and issued a $305.00 target price on shares of Union Pacific in a report on Friday, June 5th. One research analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and seven have given a Hold rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $286.89.

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.