Reaves W H & Co. Inc. Sells 108,375 Shares of Union Pacific Corporation $UNP

Reaves W H & Co. Inc. trimmed its holdings in shares of Union Pacific Corporation (NYSE:UNP) by 57.5% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 80,163 shares of the railroad operator’s stock after selling 108,375 shares during the period. Reaves W H & Co. Inc.’s holdings in Union Pacific were worth $18,543,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in the business. Stephens Consulting LLC raised its stake in shares of Union Pacific by 48.4% during the 4th quarter. Stephens Consulting LLC now owns 135 shares of the railroad operator’s stock worth $31,000 after purchasing an additional 44 shares during the period. Macroview Investment Management LLC raised its stake in shares of Union Pacific by 3.4% during the 4th quarter. Macroview Investment Management LLC now owns 1,349 shares of the railroad operator’s stock worth $312,000 after purchasing an additional 44 shares during the period. Prestige Wealth Management Group LLC raised its stake in shares of Union Pacific by 1.4% during the 3rd quarter. Prestige Wealth Management Group LLC now owns 3,186 shares of the railroad operator’s stock worth $753,000 after purchasing an additional 45 shares during the period. U.S. Capital Wealth Advisors LLC raised its stake in shares of Union Pacific by 0.9% during the 4th quarter. U.S. Capital Wealth Advisors LLC now owns 4,988 shares of the railroad operator’s stock worth $1,154,000 after purchasing an additional 45 shares during the period. Finally, Keebeck Wealth Management raised its stake in shares of Union Pacific by 1.7% during the 3rd quarter. Keebeck Wealth Management now owns 2,691 shares of the railroad operator’s stock worth $636,000 after purchasing an additional 45 shares during the period. 80.38% of the stock is currently owned by institutional investors.

Union Pacific Trading Up 0.1%

Shares of UNP opened at $262.83 on Monday. The business has a 50-day moving average of $256.57 and a 200 day moving average of $245.71. Union Pacific Corporation has a fifty-two week low of $210.84 and a fifty-two week high of $279.70. The firm has a market cap of $156.04 billion, a P/E ratio of 21.65, a price-to-earnings-growth ratio of 2.79 and a beta of 0.97. The company has a debt-to-equity ratio of 1.53, a quick ratio of 0.73 and a current ratio of 0.92.

Union Pacific (NYSE:UNP) last announced its quarterly earnings data on Thursday, April 23rd. The railroad operator reported $2.93 earnings per share for the quarter, topping the consensus estimate of $2.86 by $0.07. The company had revenue of $6.22 billion during the quarter, compared to analyst estimates of $6.12 billion. Union Pacific had a return on equity of 39.58% and a net margin of 29.20%.The firm’s revenue for the quarter was up 3.2% on a year-over-year basis. During the same quarter last year, the firm posted $2.70 EPS. As a group, research analysts forecast that Union Pacific Corporation will post 12.53 EPS for the current year.

Union Pacific Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Tuesday, June 30th. Shareholders of record on Friday, May 29th will be issued a dividend of $1.38 per share. This represents a $5.52 dividend on an annualized basis and a yield of 2.1%. The ex-dividend date of this dividend is Friday, May 29th. Union Pacific’s payout ratio is presently 45.47%.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently commented on UNP shares. UBS Group reiterated a “neutral” rating and set a $274.00 target price (up from $253.00) on shares of Union Pacific in a research note on Friday, April 24th. TD Cowen lifted their price objective on Union Pacific from $256.00 to $282.00 and gave the stock a “buy” rating in a report on Friday, April 24th. JPMorgan Chase & Co. lifted their price objective on Union Pacific from $267.00 to $275.00 and gave the stock a “neutral” rating in a report on Friday, April 24th. Barclays reissued 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, BMO Capital Markets reissued a “market perform” rating and issued a $285.00 price objective (up from $278.00) on shares of Union Pacific in a report on Friday, April 24th. One research analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating and eight have assigned a Hold rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $280.47.

Insider Buying and Selling at Union Pacific

In other Union Pacific news, CFO Jennifer L. Hamann sold 2,000 shares of Union Pacific stock in a transaction dated Friday, April 24th. The stock was sold at an average price of $274.70, for a total transaction of $549,400.00. Following the completion of the transaction, the chief financial officer owned 114,642 shares of the company’s stock, valued at $31,492,157.40. The trade was a 1.71% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, EVP Kenyatta G. Rocker sold 27,387 shares of Union Pacific stock in a transaction dated Friday, April 24th. The shares were sold at an average price of $271.76, for a total value of $7,442,691.12. Following the transaction, 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 sold 31,386 shares of company stock valued at $8,461,716 in the last quarter. 0.22% of the stock is currently owned by corporate insiders.

Key Union Pacific News

Here are the key news stories impacting Union Pacific this week:

• Positive Sentiment: The STB did accept Union Pacific’s revised merger application, which keeps the transaction alive and moves it one step forward in the regulatory process. Article Title
• Neutral Sentiment: Brookfield Infrastructure may benefit from divestitures if the merger eventually proceeds, since regulators are expected to require sales of regional lines, yards, or equipment. Article Title
• Neutral Sentiment: Union Pacific and Norfolk Southern said they will work with regulators and continue pushing the case for creating the first transcontinental railroad. Article Title
• Negative Sentiment: The STB’s pause signals more regulatory friction, extending the approval timeline and increasing uncertainty around whether the merger will close on the company’s preferred schedule. Article Title
• Negative Sentiment: CN publicly backed the regulator’s decision to freeze the review, arguing Union Pacific and Norfolk Southern still haven’t met the higher standard needed to justify the deal. Article Title

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.