Apella Capital LLC Grows Stake in Union Pacific Corporation $UNP

Apella Capital LLC increased its stake in shares of Union Pacific Corporation (NYSE:UNP) by 25.4% in the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 15,898 shares of the railroad operator’s stock after purchasing an additional 3,220 shares during the period. Apella Capital LLC’s holdings in Union Pacific were worth $3,993,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Rehmann Capital Advisory Group grew its stake in Union Pacific by 0.6% during the 4th quarter. Rehmann Capital Advisory Group now owns 6,637 shares of the railroad operator’s stock worth $1,535,000 after purchasing an additional 42 shares in the last quarter. Rosenblum Silverman Sutton S F Inc. CA increased its holdings in shares of Union Pacific by 3.7% in the 4th quarter. Rosenblum Silverman Sutton S F Inc. CA now owns 1,221 shares of the railroad operator’s stock valued at $282,000 after acquiring an additional 43 shares during the period. Stephens Consulting LLC raised its position in Union Pacific by 48.4% in the 4th quarter. Stephens Consulting LLC now owns 135 shares of the railroad operator’s stock valued at $31,000 after purchasing an additional 44 shares during the last quarter. Macroview Investment Management LLC raised its position in Union Pacific by 3.4% in the 4th quarter. Macroview Investment Management LLC now owns 1,349 shares of the railroad operator’s stock valued at $312,000 after purchasing an additional 44 shares during the last quarter. Finally, Claro Advisors Inc. boosted its stake in Union Pacific by 3.7% during the 4th quarter. Claro Advisors Inc. now owns 1,220 shares of the railroad operator’s stock worth $282,000 after purchasing an additional 44 shares during the period. 80.38% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at Union Pacific

In related news, EVP Kenyatta G. Rocker sold 27,387 shares of the company’s stock in a transaction 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 transaction, the executive vice president directly owned 61,102 shares in the company, valued at approximately $16,605,079.52. This represents a 30.95% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, CFO Jennifer L. Hamann sold 2,000 shares of the company’s stock in a transaction on 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 of the company’s stock, valued at $31,492,157.40. The trade was a 1.71% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last quarter, insiders sold 32,378 shares of company stock valued at $8,781,595. 0.22% of the stock is owned by insiders.

Union Pacific Price Performance

Union Pacific stock opened at $267.61 on Friday. The company has a market cap of $158.88 billion, a P/E ratio of 22.04, a price-to-earnings-growth ratio of 2.76 and a beta of 0.97. Union Pacific Corporation has a one year low of $210.84 and a one year high of $279.70. The business has a fifty day moving average of $264.62 and a two-hundred day moving average of $250.68. 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 announced its quarterly earnings results on Thursday, April 23rd. The railroad operator reported $2.93 EPS for the quarter, topping the consensus estimate of $2.86 by $0.07. The business had revenue of $6.22 billion for the quarter, compared to analyst estimates of $6.12 billion. Union Pacific had a return on equity of 39.58% and a net margin of 29.20%.The company’s quarterly revenue was up 3.2% on a year-over-year basis. During the same quarter in the previous year, the company earned $2.70 EPS. As a group, analysts predict that Union Pacific Corporation will post 12.55 earnings per share for the current fiscal year.

Union Pacific Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 30th. Investors of record on Friday, May 29th will be given a dividend of $1.38 per share. This represents a $5.52 dividend on an annualized basis and a yield of 2.1%. The ex-dividend date is Friday, May 29th. Union Pacific’s dividend payout ratio (DPR) is currently 45.47%.

Wall Street Analyst Weigh In

A number of equities research analysts have recently commented on UNP shares. TD Cowen upped their target price on shares of Union Pacific from $256.00 to $282.00 and gave the company a “buy” rating in a report on Friday, April 24th. Susquehanna restated a “positive” rating and issued a $305.00 price target on shares of Union Pacific in a research report on Friday, June 5th. UBS Group reaffirmed a “neutral” rating and set a $274.00 price objective (up from $253.00) on shares of Union Pacific in a research note on Friday, April 24th. Sanford C. Bernstein increased their price objective on Union Pacific from $289.00 to $293.00 and gave the stock an “outperform” rating in a research report on Tuesday, March 31st. Finally, Wells Fargo & Company reissued 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. One equities 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 company’s stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $283.11.

Union Pacific Company 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.