Union Bancaire Privee UBP SA Boosts Holdings in Union Pacific Corporation $UNP

Union Bancaire Privee UBP SA boosted its stake in shares of Union Pacific Corporation (NYSE:UNP) by 10.9% during the first quarter, according to its most recent Form 13F filing with the SEC. The fund owned 121,589 shares of the railroad operator’s stock after buying an additional 11,988 shares during the period. Union Bancaire Privee UBP SA’s holdings in Union Pacific were worth $29,500,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of UNP. Rehmann Capital Advisory Group raised its holdings in shares of Union Pacific by 0.6% in the fourth quarter. Rehmann Capital Advisory Group now owns 6,637 shares of the railroad operator’s stock valued at $1,535,000 after buying an additional 42 shares during the last quarter. Fairvoy Private Wealth LLC boosted its position in shares of Union Pacific by 3.8% during the 1st quarter. Fairvoy Private Wealth LLC now owns 1,156 shares of the railroad operator’s stock worth $280,000 after purchasing an additional 42 shares in the last quarter. AA Financial Advisors LLC increased its holdings in Union Pacific by 3.1% in the first quarter. AA Financial Advisors LLC now owns 1,452 shares of the railroad operator’s stock valued at $352,000 after buying an additional 43 shares in the last quarter. Rosenblum Silverman Sutton S F Inc. CA raised its stake in shares of Union Pacific by 3.7% during the 4th quarter. Rosenblum Silverman Sutton S F Inc. CA now owns 1,221 shares of the railroad operator’s stock worth $282,000 after buying an additional 43 shares during the last quarter. Finally, Stephens Consulting LLC grew its position in shares of Union Pacific by 48.4% in the fourth quarter. Stephens Consulting LLC now owns 135 shares of the railroad operator’s stock valued at $31,000 after purchasing an additional 44 shares during the last quarter. 80.38% of the stock is currently owned by hedge funds and other institutional investors.

Union Pacific Price Performance

Shares of UNP stock opened at $269.56 on Friday. The firm has a fifty day moving average of $265.05 and a two-hundred day moving average of $250.81. The firm has a market cap of $160.04 billion, a P/E ratio of 22.20, a P/E/G ratio of 2.84 and a beta of 0.97. Union Pacific Corporation has a 1-year low of $210.84 and a 1-year high of $279.70. The company has a debt-to-equity ratio of 1.53, a current ratio of 0.92 and a quick ratio of 0.73.

Union Pacific (NYSE:UNP) last issued 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 company had revenue of $6.22 billion for the quarter, compared to analysts’ expectations 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 period in the prior year, the company earned $2.70 earnings per share. As a group, research analysts anticipate that Union Pacific Corporation will post 12.55 earnings per share for the current fiscal year.

Union Pacific Announces Dividend

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 issued a $1.38 dividend. The ex-dividend date of this dividend is Friday, May 29th. This represents a $5.52 annualized dividend and a yield of 2.0%. Union Pacific’s dividend payout ratio is presently 45.47%.

Analyst Upgrades and Downgrades

A number of brokerages recently weighed in on UNP. JPMorgan Chase & Co. lifted their target price on Union Pacific from $267.00 to $275.00 and gave the company a “neutral” rating in a report on Friday, April 24th. TD Cowen raised their price objective on Union Pacific from $256.00 to $282.00 and gave the stock a “buy” rating in a report on Friday, April 24th. Evercore reiterated an “outperform” rating and set a $294.00 target price on shares of Union Pacific in a report on Thursday. Barclays reissued an “overweight” rating and set a $315.00 target price (up from $285.00) on shares of Union Pacific in a research report on Friday, April 24th. Finally, Wells Fargo & Company reaffirmed an “overweight” rating and set a $300.00 price target (up from $260.00) on shares of Union Pacific in a research report on Friday, April 24th. One analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and eight have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $283.11.

Insider Activity at Union Pacific

In other news, EVP Eric J. Gehringer sold 2,991 shares of the business’s stock in a transaction on Wednesday, June 3rd. The stock was sold at an average price of $263.96, for a total transaction of $789,504.36. Following the sale, the executive vice president directly owned 43,012 shares of the company’s stock, valued at $11,353,447.52. The trade was a 6.50% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, EVP Kenyatta G. Rocker sold 27,387 shares of the company’s stock in a transaction that occurred on Friday, April 24th. The shares were 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 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 position. The SEC filing for this sale provides additional information. Insiders have sold 32,378 shares of company stock worth $8,781,595 over the last quarter. 0.22% of the stock is currently owned by company insiders.

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.