Townsquare Capital LLC Sells 5,446 Shares of Union Pacific Corporation $UNP

Townsquare Capital LLC lowered its position in Union Pacific Corporation (NYSE:UNP) by 55.3% in the fourth quarter, HoldingsChannel.com reports. The fund owned 4,407 shares of the railroad operator’s stock after selling 5,446 shares during the quarter. Townsquare Capital LLC’s holdings in Union Pacific were worth $1,019,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of UNP. Rachor Investment Advisory Services LLC bought a new position in shares of Union Pacific in the fourth quarter valued at approximately $25,000. Tucker Asset Management LLC bought a new position in shares of Union Pacific in the fourth quarter valued at approximately $25,000. High Point Wealth Management LLC bought a new position in shares of Union Pacific in the fourth quarter valued at approximately $26,000. Caitlin John LLC bought a new position in shares of Union Pacific in the third quarter valued at approximately $27,000. Finally, Saranac Partners Ltd bought a new position in shares of Union Pacific in the third quarter valued at approximately $27,000. Institutional investors own 80.38% of the company’s stock.

Analyst Ratings Changes

UNP has been the subject of a number of research analyst reports. Weiss Ratings upgraded shares of Union Pacific from a “buy (b-)” rating to a “buy (b)” rating in a research note on Tuesday, April 21st. Sanford C. Bernstein lifted their target price on shares of Union Pacific from $289.00 to $293.00 and gave the company an “outperform” rating in a research note on Tuesday, March 31st. BMO Capital Markets reiterated a “market perform” rating and issued a $285.00 target price (up from $278.00) on shares of Union Pacific in a research note on Friday, April 24th. Royal Bank Of Canada reiterated an “outperform” rating and issued a $289.00 target price (up from $273.00) on shares of Union Pacific in a research note on Friday, April 24th. Finally, Raymond James Financial set a $310.00 price objective on shares of Union Pacific in a research report on Friday, April 24th. One equities research analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and eight have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $282.21.

Insider Buying and Selling

In related news, EVP Eric J. Gehringer sold 2,991 shares of the business’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 owned 43,012 shares in the company, valued at $11,353,447.52. The trade was a 6.50% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, CFO Jennifer L. Hamann sold 2,000 shares of the company’s stock in a transaction on Friday, April 24th. The shares were sold at an average price of $274.70, for a total transaction of $549,400.00. Following the sale, the chief financial officer owned 114,642 shares of the company’s stock, valued at $31,492,157.40. The trade was a 1.71% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 34,377 shares of company stock worth $9,251,221 in the last quarter. Insiders own 0.22% of the company’s stock.

Union Pacific Stock Performance

UNP stock opened at $267.37 on Thursday. 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 company has a 50 day moving average price of $261.12 and a 200 day moving average price of $248.22. Union Pacific Corporation has a fifty-two week low of $210.84 and a fifty-two week high of $279.70. The stock has a market capitalization of $158.74 billion, a PE ratio of 22.02, a price-to-earnings-growth ratio of 2.88 and a beta of 0.97.

Union Pacific (NYSE:UNP) last posted its quarterly earnings data on Thursday, April 23rd. The railroad operator reported $2.93 earnings per share for the quarter, topping 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 during the quarter, compared to analysts’ expectations of $6.12 billion. During the same quarter in the previous year, the company posted $2.70 EPS. Union Pacific’s revenue was up 3.2% on a year-over-year basis. Analysts forecast that Union Pacific Corporation will post 12.53 EPS for the current year.

Union Pacific Dividend Announcement

The business also recently disclosed 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. This represents a $5.52 annualized dividend and a yield of 2.1%. The ex-dividend date is Friday, May 29th. 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.