Forsta AP Fonden Sells 3,800 Shares of Union Pacific Corporation $UNP

Forsta AP Fonden decreased its position in Union Pacific Corporation (NYSE:UNP) by 3.0% during the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 122,300 shares of the railroad operator’s stock after selling 3,800 shares during the period. Forsta AP Fonden’s holdings in Union Pacific were worth $28,290,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Norges Bank purchased a new stake in Union Pacific in the fourth quarter worth $1,779,907,000. Eurizon SLJ Capital Ltd purchased a new stake in Union Pacific in the fourth quarter worth $440,000. Eurizon Capital SGR S.p.A. purchased a new stake in Union Pacific in the fourth quarter worth $31,917,000. Fideuram Asset Management Ireland dac purchased a new stake in Union Pacific in the fourth quarter worth $3,908,000. Finally, National Pension Service lifted its stake in Union Pacific by 1.2% in the fourth quarter. National Pension Service now owns 1,316,496 shares of the railroad operator’s stock worth $304,532,000 after acquiring an additional 15,785 shares during the period. Institutional investors own 80.38% of the company’s stock.

Key Stories Impacting Union Pacific

Here are the key news stories impacting Union Pacific this week:

• Positive Sentiment: The STB did accept Union Pacific’s revised merger application, which keeps the transaction alive and moves it one step forward in the regulatory process. Article Title
• Neutral Sentiment: Brookfield Infrastructure may benefit from divestitures if the merger eventually proceeds, since regulators are expected to require sales of regional lines, yards, or equipment. Article Title
• Neutral Sentiment: Union Pacific and Norfolk Southern said they will work with regulators and continue pushing the case for creating the first transcontinental railroad. Article Title
• Negative Sentiment: The STB’s pause signals more regulatory friction, extending the approval timeline and increasing uncertainty around whether the merger will close on the company’s preferred schedule. Article Title
• Negative Sentiment: CN publicly backed the regulator’s decision to freeze the review, arguing Union Pacific and Norfolk Southern still haven’t met the higher standard needed to justify the deal. Article Title

Union Pacific Stock Performance

Shares of Union Pacific stock opened at $262.83 on Friday. The company has a current ratio of 0.92, a quick ratio of 0.73 and a debt-to-equity ratio of 1.53. The firm has a market capitalization of $156.04 billion, a P/E ratio of 21.65, a P/E/G ratio of 2.83 and a beta of 0.99. The business has a fifty day simple moving average of $256.57 and a two-hundred day simple moving average of $245.56. Union Pacific Corporation has a 12 month low of $210.84 and a 12 month high of $279.70.

Union Pacific (NYSE:UNP) last announced 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. Union Pacific had a return on equity of 39.58% and a net margin of 29.20%.The business had revenue of $6.22 billion during the quarter, compared to analyst estimates of $6.12 billion. During the same quarter last year, the firm posted $2.70 earnings per share. The company’s revenue for the quarter was up 3.2% on a year-over-year basis. On average, equities analysts forecast that Union Pacific Corporation will post 12.53 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. Shareholders of record on Friday, May 29th will be paid a dividend of $1.38 per share. The ex-dividend date is Friday, May 29th. This represents a $5.52 dividend on an annualized basis and a yield of 2.1%. Union Pacific’s payout ratio is presently 45.47%.

Analyst Ratings Changes

UNP has been the subject of a number of research analyst reports. BMO Capital Markets reaffirmed a “market perform” rating and issued a $285.00 price target (up from $278.00) on shares of Union Pacific in a research note on Friday, April 24th. Wells Fargo & Company reaffirmed an “overweight” rating and issued a $300.00 price target (up from $260.00) on shares of Union Pacific in a research note on Friday, April 24th. Citigroup reaffirmed a “buy” rating and issued a $307.00 price target (up from $285.00) on shares of Union Pacific in a research note on Friday, April 24th. Barclays reaffirmed an “overweight” rating and issued a $315.00 price target (up from $285.00) on shares of Union Pacific in a research note on Friday, April 24th. Finally, JPMorgan Chase & Co. raised their price target on Union Pacific from $267.00 to $275.00 and gave the stock a “neutral” rating in a research note on Friday, April 24th. One investment analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating and eight have given a Hold rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $280.47.

Insider Buying and Selling at Union Pacific

In other Union Pacific news, EVP Kenyatta G. Rocker sold 27,387 shares of Union Pacific 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 owned 61,102 shares in the company, valued at approximately $16,605,079.52. The trade was a 30.95% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP Eric J. Gehringer sold 1,999 shares of Union Pacific stock in a transaction dated Friday, March 20th. The stock was sold at an average price of $234.93, for a total value of $469,625.07. The SEC filing for this sale provides additional information. Over the last 90 days, insiders sold 31,386 shares of company stock worth $8,461,716. 0.22% of the stock is owned by insiders.

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.