Arax Advisory Partners Sells 3,909 Shares of Union Pacific Corporation $UNP

Arax Advisory Partners lessened its holdings in Union Pacific Corporation (NYSE:UNP) by 35.6% in the fourth quarter, Holdings Channel reports. The firm owned 7,086 shares of the railroad operator’s stock after selling 3,909 shares during the period. Arax Advisory Partners’ holdings in Union Pacific were worth $1,639,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also recently bought and sold shares of the company. Rachor Investment Advisory Services LLC bought a new position in Union Pacific in the 4th quarter valued at $25,000. Tucker Asset Management LLC bought a new position in shares of Union Pacific during the 4th quarter worth $25,000. SWAN Capital LLC grew its stake in shares of Union Pacific by 2,575.0% during the 4th quarter. SWAN Capital LLC now owns 107 shares of the railroad operator’s stock worth $25,000 after acquiring an additional 103 shares during the period. High Point Wealth Management LLC bought a new position in shares of Union Pacific during the 4th quarter worth $26,000. Finally, Caitlin John LLC bought a new position in shares of Union Pacific during the 3rd quarter worth $27,000. Institutional investors own 80.38% of the company’s stock.

Union Pacific Stock Performance

NYSE:UNP opened at $267.54 on Tuesday. The business’s 50-day moving average price is $262.69 and its two-hundred day moving average price is $249.13. Union Pacific Corporation has a twelve month low of $210.84 and a twelve month high of $279.70. The stock has a market cap of $158.84 billion, a P/E ratio of 22.04, a PEG ratio of 2.89 and a beta of 0.97. The company has a quick ratio of 0.73, a current ratio of 0.92 and a debt-to-equity ratio of 1.53.

Union Pacific (NYSE:UNP) last released its quarterly earnings results on Thursday, April 23rd. The railroad operator reported $2.93 earnings per share 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 firm had revenue of $6.22 billion for the quarter, compared to analysts’ expectations of $6.12 billion. During the same quarter last year, the firm posted $2.70 EPS. The company’s revenue was up 3.2% compared to the same quarter last year. As a group, equities analysts predict that Union Pacific Corporation will post 12.55 EPS for the current fiscal year.

Union Pacific Dividend Announcement

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 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 is currently 45.47%.

Insiders Place Their Bets

In other Union Pacific news, CFO Jennifer L. Hamann sold 2,000 shares of the company’s stock in a transaction that occurred 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 completion of the sale, the chief financial officer owned 114,642 shares of the company’s stock, valued at $31,492,157.40. This represents a 1.71% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. 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 value 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. This represents a 30.95% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 34,377 shares of company stock valued at $9,251,221 over the last quarter. 0.22% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

Several research analysts have recently weighed in on the company. Weiss Ratings upgraded Union Pacific from a “buy (b-)” rating to a “buy (b)” rating in a research note on Tuesday, April 21st. 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 research note 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 research note 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 research note on Friday, April 24th. Finally, 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 research note on Friday, April 24th. One research analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and eight have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $282.21.

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.