Traders Sell Shares of Union Pacific (UNP) on Strength Following Insider Selling

Traders sold shares of Union Pacific Co. (NYSE:UNP) on strength during trading hours on Tuesday after an insider sold shares in the company. $94.78 million flowed into the stock on the tick-up and $278.75 million flowed out of the stock on the tick-down, for a money net flow of $183.97 million out of the stock. Of all equities tracked, Union Pacific had the 0th highest net out-flow for the day. Union Pacific traded up $0.04 for the day and closed at $163.22Specifically, EVP Robert M. Knight, Jr. sold 20,000 shares of Union Pacific stock in a transaction that occurred on Monday, September 24th. The shares were sold at an average price of $163.81, for a total transaction of $3,276,200.00. Following the transaction, the executive vice president now owns 106,518 shares of the company’s stock, valued at approximately $17,448,713.58. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, EVP Lynden L. Tennison sold 8,450 shares of Union Pacific stock in a transaction that occurred on Tuesday, August 28th. The stock was sold at an average price of $151.72, for a total transaction of $1,282,034.00. Following the transaction, the executive vice president now directly owns 53,978 shares in the company, valued at approximately $8,189,542.16. The disclosure for this sale can be found here. 0.20% of the stock is owned by company insiders.

UNP has been the topic of several recent analyst reports. Cowen reissued a “hold” rating and set a $151.00 target price on shares of Union Pacific in a research report on Tuesday, September 18th. UBS Group lifted their target price on shares of Union Pacific from $161.00 to $185.00 and gave the stock a “buy” rating in a research report on Thursday, September 20th. ValuEngine raised shares of Union Pacific from a “hold” rating to a “buy” rating in a report on Thursday, August 2nd. Deutsche Bank cut shares of Union Pacific from a “buy” rating to a “hold” rating and set a $162.00 price target on the stock. in a report on Tuesday, August 14th. Finally, Morgan Stanley lifted their price target on shares of Union Pacific from $125.00 to $136.00 and gave the stock an “equal weight” rating in a report on Friday, June 1st. Two analysts have rated the stock with a sell rating, ten have given a hold rating and thirteen have assigned a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and an average target price of $154.29.

The company has a debt-to-equity ratio of 1.07, a quick ratio of 0.85 and a current ratio of 1.03. The firm has a market capitalization of $120.67 billion, a P/E ratio of 28.12, a P/E/G ratio of 1.97 and a beta of 0.81.

Union Pacific (NYSE:UNP) last released its quarterly earnings data on Thursday, July 19th. The railroad operator reported $1.98 earnings per share for the quarter, beating analysts’ consensus estimates of $1.94 by $0.04. Union Pacific had a net margin of 51.31% and a return on equity of 23.63%. The business had revenue of $5.67 billion during the quarter, compared to analyst estimates of $5.65 billion. During the same period in the previous year, the business earned $1.45 EPS. Union Pacific’s revenue was up 8.0% compared to the same quarter last year. equities analysts predict that Union Pacific Co. will post 7.76 earnings per share for the current year.

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, September 28th. Investors of record on Friday, August 31st will be paid a $0.80 dividend. This represents a $3.20 dividend on an annualized basis and a yield of 1.97%. This is a positive change from Union Pacific’s previous quarterly dividend of $0.73. The ex-dividend date of this dividend is Thursday, August 30th. Union Pacific’s payout ratio is currently 55.27%.

Institutional investors have recently added to or reduced their stakes in the stock. Lenox Wealth Advisors LLC purchased a new position in Union Pacific in the 2nd quarter valued at approximately $105,000. Landaas & Co. WI ADV purchased a new position in Union Pacific in the 2nd quarter valued at approximately $133,000. grace capital purchased a new position in shares of Union Pacific during the 2nd quarter valued at $142,000. Exane Derivatives grew its position in shares of Union Pacific by 85.1% during the 2nd quarter. Exane Derivatives now owns 1,096 shares of the railroad operator’s stock valued at $155,000 after purchasing an additional 504 shares in the last quarter. Finally, Brand Asset Management Group Inc. purchased a new position in shares of Union Pacific during the 2nd quarter valued at $169,000. Institutional investors and hedge funds own 80.38% of the company’s stock.

Union Pacific Company Profile (NYSE:UNP)

Union Pacific Corporation, through its subsidiary, Union Pacific Railroad Company, operates railroads in the United States. It offers transportation services for agricultural products, including grains, commodities produced from grains, and food and beverage products; automotive, such as finished vehicles and automotive parts; and chemicals comprising industrial chemicals, plastics, fertilizers, petroleum and liquid petroleum gases, crude oil, and soda ash.

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