Union Pacific Corporation $UNP Shares Sold by Intech Investment Management LLC

Intech Investment Management LLC cut its holdings in shares of Union Pacific Corporation (NYSE:UNP) by 11.1% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 22,524 shares of the railroad operator’s stock after selling 2,803 shares during the quarter. Intech Investment Management LLC’s holdings in Union Pacific were worth $5,210,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently bought and sold shares of UNP. Acadian Asset Management LLC boosted its holdings in Union Pacific by 40.4% in the 1st quarter. Acadian Asset Management LLC now owns 2,312 shares of the railroad operator’s stock valued at $546,000 after purchasing an additional 665 shares during the last quarter. Schnieders Capital Management LLC. boosted its holdings in Union Pacific by 0.5% in the 2nd quarter. Schnieders Capital Management LLC. now owns 20,606 shares of the railroad operator’s stock valued at $4,741,000 after purchasing an additional 102 shares during the last quarter. Main Street Financial Solutions LLC boosted its holdings in Union Pacific by 1.6% in the 2nd quarter. Main Street Financial Solutions LLC now owns 3,733 shares of the railroad operator’s stock valued at $859,000 after purchasing an additional 58 shares during the last quarter. HUB Investment Partners LLC boosted its holdings in Union Pacific by 10.0% in the 2nd quarter. HUB Investment Partners LLC now owns 6,091 shares of the railroad operator’s stock valued at $1,401,000 after purchasing an additional 554 shares during the last quarter. Finally, Alliancebernstein L.P. boosted its holdings in Union Pacific by 7.4% in the 2nd quarter. Alliancebernstein L.P. now owns 1,528,426 shares of the railroad operator’s stock valued at $351,660,000 after purchasing an additional 105,664 shares during the last quarter. 80.38% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In related news, EVP Eric J. Gehringer sold 1,999 shares of the company’s stock in a transaction that occurred on Friday, March 20th. The shares were sold at an average price of $234.93, for a total transaction of $469,625.07. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, EVP Kenyatta G. Rocker sold 27,387 shares of the company’s stock in a transaction that occurred 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 sale, the executive vice president directly 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 SEC filing for this sale provides additional information. Insiders have sold a total of 31,386 shares of company stock valued at $8,461,716 in the last ninety days. Company insiders own 0.22% of the company’s stock.

More Union Pacific News

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

Analyst Ratings Changes

Several equities analysts have weighed in on the stock. Sanford C. Bernstein boosted their target price on shares of Union Pacific from $289.00 to $293.00 and gave the company an “outperform” rating in a report on Tuesday, March 31st. Wells Fargo & Company reiterated an “overweight” rating and issued a $300.00 target price (up from $260.00) on shares of Union Pacific in a report on Friday, April 24th. UBS Group reiterated a “neutral” rating and issued a $274.00 target price (up from $253.00) on shares of Union Pacific in a report 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 report on Friday, April 24th. Finally, Citigroup reissued 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. One analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating and eight have issued a Hold rating to the company. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $280.47.

Union Pacific Price Performance

Union Pacific stock opened at $262.83 on Monday. The company’s 50 day simple moving average is $256.57 and its 200-day simple moving average is $245.71. The company has a market capitalization of $156.04 billion, a price-to-earnings ratio of 21.65, a price-to-earnings-growth ratio of 2.79 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 quick ratio of 0.73 and a current ratio of 0.92.

Union Pacific (NYSE:UNP) last released its quarterly earnings results on Thursday, April 23rd. The railroad operator reported $2.93 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.86 by $0.07. The business had revenue of $6.22 billion for the quarter, compared to the consensus estimate 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 period in the previous year, the firm earned $2.70 EPS. As a group, equities research analysts expect that Union Pacific Corporation will post 12.53 earnings per share for the current year.

Union Pacific Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, June 30th. Investors of record on Friday, May 29th will be paid a dividend of $1.38 per share. This represents a $5.52 annualized dividend and a yield of 2.1%. The ex-dividend date of this dividend is Friday, May 29th. Union Pacific’s dividend payout ratio is presently 45.47%.

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.