Union Pacific Corporation $UNP Stock Position Raised by BI Asset Management Fondsmaeglerselskab A S

BI Asset Management Fondsmaeglerselskab A S lifted its holdings in shares of Union Pacific Corporation (NYSE:UNP) by 8.3% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 174,346 shares of the railroad operator’s stock after buying an additional 13,310 shares during the period. BI Asset Management Fondsmaeglerselskab A S’s holdings in Union Pacific were worth $40,330,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of the business. Vanguard Group Inc. boosted its stake in Union Pacific by 1.1% during the 4th quarter. Vanguard Group Inc. now owns 59,329,262 shares of the railroad operator’s stock valued at $13,724,045,000 after purchasing an additional 659,378 shares during the period. Geode Capital Management LLC boosted its stake in Union Pacific by 2.0% during 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 purchasing an additional 296,814 shares during the period. Capital World Investors boosted its stake in Union Pacific by 193.3% during the 3rd quarter. Capital World Investors now owns 10,481,043 shares of the railroad operator’s stock valued at $2,477,404,000 after purchasing an additional 6,908,016 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its stake in Union Pacific by 72.7% during the 3rd quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 9,177,002 shares of the railroad operator’s stock valued at $2,169,168,000 after purchasing an additional 3,861,636 shares during the period. Finally, Capital Research Global Investors boosted its stake in Union Pacific by 95.0% during the 3rd quarter. Capital Research Global Investors now owns 8,713,196 shares of the railroad operator’s stock valued at $2,059,538,000 after purchasing an additional 4,244,226 shares during the period. Institutional investors own 80.38% of the company’s stock.

Insider Buying and Selling

In other news, CFO Jennifer L. Hamann sold 2,000 shares of the business’s stock in a transaction that occurred on Friday, April 24th. The shares were sold at an average price of $274.70, for a total transaction of $549,400.00. Following the sale, the chief financial officer owned 114,642 shares in the company, valued at $31,492,157.40. The trade was a 1.71% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Kenyatta G. Rocker sold 27,387 shares of the business’s stock in a transaction that occurred on Friday, April 24th. The shares were sold at an average price of $271.76, for a total transaction of $7,442,691.12. Following the sale, the executive vice president owned 61,102 shares in the company, valued at $16,605,079.52. This represents a 30.95% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 34,377 shares of company stock worth $9,251,221 in the last ninety days. 0.22% of the stock is currently owned by corporate insiders.

Union Pacific Stock Up 3.2%

NYSE UNP opened at $272.28 on Friday. The company has a debt-to-equity ratio of 1.53, a current ratio of 0.92 and a quick ratio of 0.73. The company’s 50 day simple moving average is $259.32 and its 200 day simple moving average is $247.03. Union Pacific Corporation has a 12 month low of $210.84 and a 12 month high of $279.70. The company has a market capitalization of $161.66 billion, a P/E ratio of 22.43, a PEG ratio of 2.80 and a beta of 0.97.

Union Pacific (NYSE:UNP) last released its earnings results on Thursday, April 23rd. The railroad operator reported $2.93 EPS for the quarter, topping analysts’ consensus estimates of $2.86 by $0.07. Union Pacific had a net margin of 29.20% and a return on equity of 39.58%. The business had revenue of $6.22 billion for the quarter, compared to the consensus estimate of $6.12 billion. During the same period in the previous year, the firm earned $2.70 EPS. The business’s revenue for the quarter was up 3.2% on a year-over-year basis. Equities research analysts expect that Union Pacific Corporation will post 12.53 earnings per share for the current fiscal year.

Union Pacific Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, June 30th. Investors of record on Friday, May 29th will be issued a $1.38 dividend. This represents a $5.52 dividend on an annualized basis and a dividend yield of 2.0%. The ex-dividend date is Friday, May 29th. Union Pacific’s payout ratio is presently 45.47%.

Analyst Upgrades and Downgrades

A number of research firms have issued reports on UNP. Citigroup reissued a “buy” rating and set a $307.00 target price (up from $285.00) on shares of Union Pacific in a research note on Friday, April 24th. Evercore reissued an “outperform” rating and set a $277.00 target price on shares of Union Pacific in a research note on Friday, April 24th. JPMorgan Chase & Co. boosted their target price on shares of Union Pacific from $267.00 to $275.00 and gave the company a “neutral” rating in a research note on Friday, April 24th. Benchmark boosted their target price on shares of Union Pacific from $275.00 to $300.00 and gave the company a “buy” rating in a research note on Friday, April 24th. Finally, Royal Bank Of Canada reaffirmed an “outperform” rating and issued a $289.00 price target (up from $273.00) on shares of Union Pacific in a research note on Friday, April 24th. One equities 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. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $282.21.

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.