Andra AP fonden Has $18.55 Million Stake in Union Pacific Corporation $UNP

Andra AP fonden boosted its holdings in Union Pacific Corporation (NYSE:UNP) by 532.1% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 76,473 shares of the railroad operator’s stock after purchasing an additional 64,375 shares during the period. Andra AP fonden’s holdings in Union Pacific were worth $18,554,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Vanguard Group Inc. raised its holdings in 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 acquiring an additional 659,378 shares in the last quarter. State Street Corp raised its stake in shares of Union Pacific by 4.3% during the 4th quarter. State Street Corp now owns 26,330,080 shares of the railroad operator’s stock worth $6,090,674,000 after purchasing an additional 1,082,285 shares in the last quarter. Capital World Investors boosted its holdings in shares of Union Pacific by 92.1% in the 4th 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 during the last quarter. Geode Capital Management LLC boosted its holdings in shares of Union Pacific by 2.0% in the 4th 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 during the last quarter. Finally, Morgan Stanley grew its stake in shares of Union Pacific by 5.0% in 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 currently owned by institutional investors and hedge funds.

Insider Activity

In other news, CFO Jennifer L. Hamann sold 2,000 shares of the firm’s stock in a transaction dated Friday, April 24th. The shares were sold at an average price of $274.70, for a total transaction of $549,400.00. Following the completion of the sale, the chief financial officer owned 114,642 shares in the company, valued at approximately $31,492,157.40. This trade represents a 1.71% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, EVP Kenyatta G. Rocker sold 27,387 shares of Union Pacific stock in a transaction dated 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 of the company’s stock, valued at $16,605,079.52. The trade was a 30.95% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 32,378 shares of company stock valued at $8,781,595 over the last ninety days. 0.22% of the stock is currently owned by company insiders.

Union Pacific Stock Performance

Shares of NYSE UNP opened at $296.35 on Tuesday. The company has a current ratio of 0.92, a quick ratio of 0.73 and a debt-to-equity ratio of 1.53. The company has a market capitalization of $175.94 billion, a P/E ratio of 24.41, a P/E/G ratio of 3.16 and a beta of 0.96. Union Pacific Corporation has a 12 month low of $210.84 and a 12 month high of $303.15. The stock has a 50 day moving average of $272.58 and a 200-day moving average of $256.60.

Union Pacific (NYSE:UNP) last posted its quarterly earnings results on Thursday, April 23rd. The railroad operator reported $2.93 earnings per share 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 business had revenue of $6.22 billion for the quarter, compared to analysts’ expectations of $6.12 billion. During the same quarter in the prior year, the business earned $2.70 EPS. The firm’s revenue for the quarter was up 3.2% on a year-over-year basis. As a group, equities research analysts predict that Union Pacific Corporation will post 12.62 EPS for the current year.

Union Pacific Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Friday, May 29th were given a $1.38 dividend. The ex-dividend date of this dividend was Friday, May 29th. This represents a $5.52 annualized dividend and a dividend yield of 1.9%. Union Pacific’s dividend payout ratio is presently 45.47%.

Wall Street Analysts Forecast Growth

A number of equities analysts recently weighed in on the stock. Weiss Ratings downgraded shares of Union Pacific from a “buy (b)” rating to a “buy (b-)” rating in a report on Tuesday, June 23rd. Sanford C. Bernstein increased their price target on shares of Union Pacific from $289.00 to $293.00 and gave the company an “outperform” rating in a research note on Tuesday, March 31st. Citigroup began coverage on shares of Union Pacific in a research report on Wednesday, July 15th. They issued an “outperform” rating for the company. TD Cowen boosted their price objective on shares of Union Pacific from $256.00 to $282.00 and gave the stock a “buy” rating in a research note on Friday, April 24th. Finally, Susquehanna upped their target price on shares of Union Pacific from $305.00 to $333.00 and gave the company a “positive” rating in a report on Tuesday, July 14th. Two analysts have rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and seven have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $299.11.

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.