Ally Financial Inc. Has $3.82 Million Stock Holdings in Union Pacific Corporation $UNP

Ally Financial Inc. lifted its stake in shares of Union Pacific Corporation (NYSE:UNP) by 17.9% during the fourth quarter, Holdings Channel reports. The firm owned 16,500 shares of the railroad operator’s stock after purchasing an additional 2,500 shares during the quarter. Ally Financial Inc.’s holdings in Union Pacific were worth $3,817,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. Vanguard Group Inc. raised its position in shares of Union Pacific by 1.1% during the fourth quarter. Vanguard Group Inc. now owns 59,329,262 shares of the railroad operator’s stock worth $13,724,045,000 after purchasing an additional 659,378 shares during the period. State Street Corp grew its holdings in shares of Union Pacific by 4.3% during the fourth quarter. State Street Corp now owns 26,330,080 shares of the railroad operator’s stock valued at $6,090,674,000 after buying an additional 1,082,285 shares in the last quarter. Capital World Investors grew 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 valued at $4,658,142,000 after buying an additional 9,655,306 shares in the last quarter. Geode Capital Management LLC grew its holdings in shares of Union Pacific by 2.0% during the fourth quarter. Geode Capital Management LLC now owns 15,360,668 shares of the railroad operator’s stock valued at $3,552,550,000 after buying an additional 296,814 shares in the last quarter. Finally, Morgan Stanley grew its holdings in shares of Union Pacific by 5.0% during the fourth quarter. Morgan Stanley now owns 12,636,050 shares of the railroad operator’s stock valued at $2,922,971,000 after buying an additional 602,647 shares in the last quarter. 80.38% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of research analysts have recently weighed in on UNP shares. Sanford C. Bernstein lifted their price target on Union Pacific from $289.00 to $293.00 and gave the company an “outperform” rating in a report on Tuesday, March 31st. TD Cowen lifted their price target on Union Pacific from $256.00 to $282.00 and gave the company a “buy” rating in a report on Friday, April 24th. UBS Group reiterated a “neutral” rating and set a $274.00 price target (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 set a $289.00 price target (up from $273.00) on shares of Union Pacific in a report on Friday, April 24th. Finally, BMO Capital Markets reiterated a “market perform” rating and set a $285.00 price target (up from $278.00) on shares of Union Pacific in a report on Friday, April 24th. One research 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. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $282.21.

Insider Buying and Selling at Union Pacific

In other Union Pacific news, EVP Eric J. Gehringer sold 2,991 shares of the business’s stock in a transaction dated Wednesday, June 3rd. The stock was sold at an average price of $263.96, for a total value of $789,504.36. Following the transaction, the executive vice president owned 43,012 shares in the company, valued at $11,353,447.52. The trade was a 6.50% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CFO Jennifer L. Hamann sold 2,000 shares of the business’s stock in a transaction dated Friday, April 24th. The shares were sold at an average price of $274.70, for a total value of $549,400.00. Following the completion of the transaction, the chief financial officer owned 114,642 shares in the company, valued at $31,492,157.40. This trade represents a 1.71% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 34,377 shares of company stock worth $9,251,221 over the last 90 days. 0.22% of the stock is currently owned by corporate insiders.

Union Pacific Stock Performance

Shares of NYSE UNP opened at $272.37 on Friday. The business’s 50-day moving average price is $262.23 and its two-hundred day moving average price is $248.69. 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 one year low of $210.84 and a one year high of $279.70. The company has a market capitalization of $161.71 billion, a P/E ratio of 22.44, a price-to-earnings-growth ratio of 2.89 and a beta of 0.97.

Union Pacific (NYSE:UNP) last issued its earnings results on Thursday, April 23rd. The railroad operator reported $2.93 EPS for the quarter, beating analysts’ consensus estimates of $2.86 by $0.07. Union Pacific had a return on equity of 39.58% and a net margin of 29.20%.The firm had revenue of $6.22 billion for the quarter, compared to the consensus estimate of $6.12 billion. During the same quarter in the previous year, the company posted $2.70 earnings per share. The business’s quarterly revenue was up 3.2% compared to the same quarter last year. Analysts anticipate that Union Pacific Corporation will post 12.55 earnings per share for the current fiscal year.

Union Pacific Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, June 30th. Shareholders of record on Friday, May 29th will be paid a $1.38 dividend. The ex-dividend date is Friday, May 29th. This represents a $5.52 dividend on an annualized basis and a yield of 2.0%. Union Pacific’s payout ratio is 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.