Union Pacific Corporation $UNP Stake Raised by Midwest Trust Co

Midwest Trust Co lifted its holdings in shares of Union Pacific Corporation (NYSE:UNP) by 1.3% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 284,630 shares of the railroad operator’s stock after buying an additional 3,594 shares during the period. Midwest Trust Co’s holdings in Union Pacific were worth $65,841,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in UNP. Rachor Investment Advisory Services LLC bought a new stake in Union Pacific during the 4th quarter valued at $25,000. Caitlin John LLC bought a new position in shares of Union Pacific in the third quarter worth $27,000. Saranac Partners Ltd acquired a new position in shares of Union Pacific during the third quarter valued at $27,000. High Point Wealth Management LLC acquired a new position in shares of Union Pacific during the fourth quarter valued at $26,000. Finally, Stephens Consulting LLC raised its stake in shares of Union Pacific by 48.4% during the fourth quarter. Stephens Consulting LLC now owns 135 shares of the railroad operator’s stock valued at $31,000 after purchasing an additional 44 shares in the last quarter. 80.38% of the stock is owned by institutional investors.

Union Pacific Stock Performance

NYSE:UNP opened at $264.38 on Friday. Union Pacific Corporation has a twelve month low of $210.84 and a twelve month high of $274.79. 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 50-day moving average of $252.20 and a 200-day moving average of $240.37. The firm has a market cap of $156.96 billion, a price-to-earnings ratio of 21.78, a price-to-earnings-growth ratio of 2.81 and a beta of 0.99.

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. Analysts forecast that Union Pacific Corporation will post 12.53 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other news, EVP Kenyatta G. Rocker sold 27,387 shares of the stock in a transaction on 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 completion of the sale, the executive vice president owned 61,102 shares in the company, valued at approximately $16,605,079.52. This represents a 30.95% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CFO Jennifer L. Hamann sold 2,000 shares of the firm’s stock in a transaction on Friday, April 24th. The stock was sold at an average price of $274.70, for a total value of $549,400.00. Following the sale, the chief financial officer directly owned 114,642 shares of the company’s stock, valued at approximately $31,492,157.40. This represents a 1.71% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last 90 days, insiders have sold 31,386 shares of company stock worth $8,461,716. 0.22% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

UNP has been the topic of a number of recent analyst reports. Sanford C. Bernstein boosted their price target on shares of Union Pacific from $289.00 to $293.00 and gave the stock an “outperform” rating in a research report on Tuesday, March 31st. TD Cowen raised their price objective on shares of Union Pacific from $256.00 to $282.00 and gave the company a “buy” rating in a research note on Friday, April 24th. Weiss Ratings raised Union Pacific from a “buy (b-)” rating to a “buy (b)” rating in a report on Tuesday, April 21st. Susquehanna restated a “buy” rating on shares of Union Pacific in a research report on Monday, January 19th. Finally, Wells Fargo & Company reaffirmed an “overweight” rating and set a $300.00 price target (up from $260.00) on shares of Union Pacific in a research note on Friday, April 24th. One analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating and eight have given a Hold rating to the stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $279.55.

Union Pacific 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.