Union Pacific Corporation $UNP Shares Purchased by Cvfg LLC

Cvfg LLC increased its position in Union Pacific Corporation (NYSE:UNP) by 259.9% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 14,086 shares of the railroad operator’s stock after acquiring an additional 10,172 shares during the period. Cvfg LLC’s holdings in Union Pacific were worth $3,418,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also added to or reduced their stakes in UNP. Capital World Investors lifted its holdings in shares of Union Pacific by 92.1% during the fourth quarter. Capital World Investors now owns 20,136,349 shares of the railroad operator’s stock worth $4,658,142,000 after purchasing an additional 9,655,306 shares during the period. Norges Bank acquired a new position in Union Pacific in the 4th quarter worth approximately $1,779,907,000. Capital Research Global Investors increased its holdings in Union Pacific by 95.0% in the 3rd quarter. Capital Research Global Investors now owns 8,713,196 shares of the railroad operator’s stock worth $2,059,538,000 after buying an additional 4,244,226 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its position in Union Pacific by 72.7% during the 3rd quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 9,177,002 shares of the railroad operator’s stock worth $2,169,168,000 after buying an additional 3,861,636 shares during the last quarter. Finally, EdgePoint Investment Group Inc. acquired a new stake in Union Pacific during the 3rd quarter valued at approximately $408,592,000. Hedge funds and other institutional investors own 80.38% of the company’s stock.

Union Pacific Price Performance

Shares of Union Pacific stock opened at $283.07 on Wednesday. The firm has a market cap of $168.06 billion, a PE ratio of 23.32, a P/E/G ratio of 2.97 and a beta of 0.96. Union Pacific Corporation has a twelve month low of $210.84 and a twelve month high of $285.79. The company has a quick ratio of 0.73, a current ratio of 0.92 and a debt-to-equity ratio of 1.53. The business has a 50-day moving average price of $268.18 and a 200 day moving average price of $253.01.

Union Pacific (NYSE:UNP) last issued its quarterly earnings data 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 for the quarter, compared to analyst estimates of $6.12 billion. Union Pacific had a return on equity of 39.58% and a net margin of 29.20%.Union Pacific’s quarterly revenue was up 3.2% compared to the same quarter last year. During the same period last year, the company earned $2.70 earnings per share. Sell-side 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 disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Friday, May 29th were given a dividend of $1.38 per share. The ex-dividend date was 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 currently 45.47%.

Insider Buying and Selling at Union Pacific

In related news, EVP Kenyatta G. Rocker sold 27,387 shares of the company’s stock in a transaction dated 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 transaction, the executive vice president owned 61,102 shares in the company, valued at $16,605,079.52. This represents a 30.95% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Eric J. Gehringer sold 2,991 shares of the firm’s stock in a transaction dated Wednesday, June 3rd. The shares were sold at an average price of $263.96, for a total transaction 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 SEC filing for this sale provides additional information. Insiders have sold a total of 32,378 shares of company stock valued at $8,781,595 over the last ninety days. Corporate insiders own 0.22% of the company’s stock.

Analysts Set New Price Targets

A number of research firms have recently weighed in on UNP. Sanford C. Bernstein increased their price objective on shares of Union Pacific from $289.00 to $293.00 and gave the stock an “outperform” rating in a research note on Tuesday, March 31st. BMO Capital Markets restated a “market perform” rating and set a $285.00 target price (up from $278.00) on shares of Union Pacific in a research report on Friday, April 24th. Evercore reaffirmed an “outperform” rating and set a $294.00 price target on shares of Union Pacific in a research report on Thursday, June 25th. Raymond James Financial set a $310.00 price objective on Union Pacific in a research note on Friday, April 24th. Finally, JPMorgan Chase & Co. boosted their price objective on Union Pacific from $267.00 to $275.00 and gave the company a “neutral” rating in a report on Friday, April 24th. One investment 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. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $286.89.

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.