Brentview Investment Management LLC Purchases 4,712 Shares of Union Pacific Corporation $UNP

Brentview Investment Management LLC grew its position in Union Pacific Corporation (NYSE:UNP) by 29.0% in the fourth quarter, Holdings Channel reports. The fund owned 20,935 shares of the railroad operator’s stock after acquiring an additional 4,712 shares during the quarter. Union Pacific accounts for 2.2% of Brentview Investment Management LLC’s portfolio, making the stock its 24th largest holding. Brentview Investment Management LLC’s holdings in Union Pacific were worth $4,843,000 as of its most recent filing with the SEC.

Other large investors also recently modified their holdings of the company. Rachor Investment Advisory Services LLC bought a new position in shares of Union Pacific in the 4th quarter valued at $25,000. Tucker Asset Management LLC acquired a new stake in Union Pacific in the fourth quarter valued at $25,000. High Point Wealth Management LLC acquired a new stake in Union Pacific in the fourth quarter valued at $26,000. Caitlin John LLC acquired a new stake in Union Pacific in the third quarter valued at $27,000. Finally, Saranac Partners Ltd acquired a new stake in Union Pacific during the 3rd quarter worth about $27,000. 80.38% of the stock is currently owned by institutional investors.

Union Pacific Price Performance

UNP stock opened at $262.83 on Monday. The stock has a market capitalization of $156.04 billion, a PE ratio of 21.65, a price-to-earnings-growth ratio of 2.79 and a beta of 0.97. The company’s 50-day moving average is $256.57 and its 200-day moving average is $245.71. 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 Corporation has a 1 year low of $210.84 and a 1 year high of $279.70.

Union Pacific (NYSE:UNP) last released 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 analysts’ expectations of $6.12 billion. Union Pacific had a net margin of 29.20% and a return on equity of 39.58%. The business’s revenue was up 3.2% on a year-over-year basis. During the same quarter in the prior year, the firm earned $2.70 EPS. Equities research analysts expect that Union Pacific Corporation will post 12.53 EPS for the current fiscal year.

Union Pacific Announces Dividend

The firm also recently declared 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. The ex-dividend date of this dividend is Friday, May 29th. This represents a $5.52 annualized dividend and a yield of 2.1%. Union Pacific’s dividend payout ratio (DPR) is presently 45.47%.

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

Wall Street Analysts Forecast Growth

UNP has been the subject of a number of recent analyst reports. Citigroup reiterated a “buy” rating and set a $307.00 price target (up from $285.00) on shares of Union Pacific in a report on Friday, April 24th. TD Cowen increased their price target on Union Pacific from $256.00 to $282.00 and gave the stock a “buy” rating in a report on Friday, April 24th. Sanford C. Bernstein increased their price target on Union Pacific from $289.00 to $293.00 and gave the stock an “outperform” rating in a report on Tuesday, March 31st. Wells Fargo & Company reiterated an “overweight” rating and set a $300.00 price target (up from $260.00) on shares of Union Pacific in a report on Friday, April 24th. Finally, JPMorgan Chase & Co. increased their price target on Union Pacific from $267.00 to $275.00 and gave the stock a “neutral” rating in a report on Friday, April 24th. One research analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating and eight have assigned a Hold rating to the stock. Based on data from MarketBeat, Union Pacific presently has a consensus rating of “Moderate Buy” and a consensus price target of $280.47.

Insider Activity at Union Pacific

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