Aaron Wealth Advisors LLC Trims Holdings in Union Pacific Corporation $UNP

Aaron Wealth Advisors LLC decreased its position in shares of Union Pacific Corporation (NYSE:UNP) by 22.9% in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 7,218 shares of the railroad operator’s stock after selling 2,140 shares during the quarter. Aaron Wealth Advisors LLC’s holdings in Union Pacific were worth $1,751,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also bought and sold shares of the business. Capital World Investors increased its holdings in shares of Union Pacific by 92.1% during 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 purchasing an additional 9,655,306 shares in the last quarter. Norges Bank acquired a new stake in Union Pacific in the fourth quarter valued at approximately $1,779,907,000. Capital Research Global Investors grew its holdings in Union Pacific by 95.0% in the third 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. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its position in shares of Union Pacific by 72.7% in the third 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 buying an additional 3,861,636 shares in the last quarter. Finally, EdgePoint Investment Group Inc. acquired a new stake in Union Pacific in the 3rd quarter valued at $408,592,000. 80.38% of the stock is currently owned by institutional investors and hedge funds.

Union Pacific Stock Up 2.9%

Shares of NYSE:UNP opened at $267.61 on Friday. The firm has a market capitalization of $158.88 billion, a PE ratio of 22.04, a price-to-earnings-growth ratio of 2.76 and a beta of 0.97. Union Pacific Corporation has a 1 year low of $210.84 and a 1 year high of $279.70. 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 firm’s 50-day moving average is $264.62 and its two-hundred day moving average is $250.68.

Union Pacific (NYSE:UNP) last released its 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. 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 during the quarter, compared to analysts’ expectations of $6.12 billion. During the same period in the previous year, the firm posted $2.70 EPS. Union Pacific’s revenue for the quarter was up 3.2% on a year-over-year basis. Analysts predict that Union Pacific Corporation will post 12.55 EPS for the current 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 paid a dividend of $1.38 per share. The ex-dividend date is Friday, May 29th. This represents a $5.52 annualized dividend and a yield of 2.1%. Union Pacific’s payout ratio is presently 45.47%.

Analysts Set New Price Targets

A number of analysts have recently commented on the stock. Raymond James Financial set a $310.00 target price on shares of Union Pacific in a research note on Friday, April 24th. Evercore reissued an “outperform” rating and issued a $294.00 price objective on shares of Union Pacific in a research note on Thursday. UBS Group restated a “neutral” rating and issued a $274.00 price objective (up from $253.00) on shares of Union Pacific in a report on Friday, April 24th. Barclays reiterated an “overweight” rating and issued a $315.00 price objective (up from $285.00) on shares of Union Pacific in a report on Friday, April 24th. Finally, TD Cowen increased 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. One investment analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating and eight have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, Union Pacific currently has a consensus rating of “Moderate Buy” and an average target price of $283.11.

Insider Transactions at Union Pacific

In other news, 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 completion of the sale, the executive vice president owned 61,102 shares in the company, valued at approximately $16,605,079.52. The trade was a 30.95% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP Eric J. Gehringer sold 2,991 shares of the company’s stock in a transaction on Wednesday, June 3rd. The shares were sold at an average price of $263.96, for a total transaction of $789,504.36. Following the completion of the transaction, the executive vice president owned 43,012 shares of the company’s stock, valued at approximately $11,353,447.52. The trade was a 6.50% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders sold 32,378 shares of company stock worth $8,781,595. 0.22% of the stock is currently owned by insiders.

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.