Union Pacific Corporation $UNP Shares Sold by BLI Banque de Luxembourg Investments

BLI Banque de Luxembourg Investments trimmed its position in shares of Union Pacific Corporation (NYSE:UNP) by 5.9% in the 4th quarter, Holdings Channel reports. The institutional investor owned 375,712 shares of the railroad operator’s stock after selling 23,558 shares during the period. Union Pacific accounts for approximately 2.6% of BLI Banque de Luxembourg Investments’ investment portfolio, making the stock its 6th biggest holding. BLI Banque de Luxembourg Investments’ holdings in Union Pacific were worth $87,584,000 as of its most recent SEC filing.

Several other institutional investors have also made changes to their positions in UNP. Rachor Investment Advisory Services LLC acquired a new stake in Union Pacific in the 4th quarter worth approximately $25,000. Tucker Asset Management LLC acquired a new stake in Union Pacific in the 4th quarter worth approximately $25,000. High Point Wealth Management LLC acquired a new stake in Union Pacific in the 4th quarter worth approximately $26,000. Caitlin John LLC acquired a new stake in Union Pacific in the 3rd quarter worth approximately $27,000. Finally, Saranac Partners Ltd acquired a new stake in Union Pacific in the 3rd quarter worth approximately $27,000. 80.38% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Union Pacific

In other Union Pacific news, CFO Jennifer L. Hamann sold 2,000 shares of the company’s stock in a transaction on Friday, April 24th. The stock was sold at an average price of $274.70, for a total value of $549,400.00. Following the sale, the chief financial officer directly owned 114,642 shares in the company, valued at $31,492,157.40. This represents a 1.71% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, EVP Eric J. Gehringer sold 2,991 shares of the company’s stock in a transaction on Wednesday, June 3rd. The shares were sold at an average price of $263.96, for a total value of $789,504.36. Following the completion of the sale, the executive vice president owned 43,012 shares in the company, valued at $11,353,447.52. This trade represents a 6.50% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 34,377 shares of company stock worth $9,251,221 over the last three months. Company insiders own 0.22% of the company’s stock.

Analyst Upgrades and Downgrades

UNP has been the subject of several analyst reports. Evercore restated an “outperform” rating and issued a $277.00 target price on shares of Union Pacific in a report on Friday, April 24th. Royal Bank Of Canada restated 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. JPMorgan Chase & Co. lifted their price target on Union Pacific from $267.00 to $275.00 and gave the stock a “neutral” rating in a research report on Friday, April 24th. Weiss Ratings raised Union Pacific from a “buy (b-)” rating to a “buy (b)” rating in a research report on Tuesday, April 21st. Finally, Robert W. Baird set a $311.00 price target on Union Pacific and gave the stock an “outperform” rating in a research report on Friday, March 6th. One investment analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating and eight have given a Hold rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $282.21.

Union Pacific Stock Performance

UNP opened at $268.84 on Tuesday. The stock has a market cap of $159.61 billion, a PE ratio of 22.14, a P/E/G ratio of 2.89 and a beta of 0.97. The company has a current ratio of 0.92, a quick ratio of 0.73 and a debt-to-equity ratio of 1.53. Union Pacific Corporation has a 1 year low of $210.84 and a 1 year high of $279.70. The stock’s 50 day simple moving average is $259.92 and its 200-day simple moving average is $247.54.

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, beating analysts’ consensus estimates of $2.86 by $0.07. The business had revenue of $6.22 billion for the quarter, compared to analysts’ expectations 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% on a year-over-year basis. During the same period in the previous year, the business posted $2.70 earnings per share. Sell-side analysts forecast that Union Pacific Corporation will post 12.53 EPS for the current year.

Union Pacific Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 30th. Stockholders of record on Friday, May 29th will be given 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 dividend yield of 2.1%. Union Pacific’s payout ratio is currently 45.47%.

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.