Union Pacific Corporation $UNP Shares Sold by Sapient Capital LLC

Sapient Capital LLC cut its stake in Union Pacific Corporation (NYSE:UNP) by 9.3% during the first quarter, HoldingsChannel reports. The institutional investor owned 66,753 shares of the railroad operator’s stock after selling 6,820 shares during the quarter. Sapient Capital LLC’s holdings in Union Pacific were worth $16,192,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of UNP. Tucker Asset Management LLC acquired a new position in shares of Union Pacific during the fourth quarter valued at approximately $25,000. SWAN Capital LLC boosted its stake in shares of Union Pacific by 2,575.0% in the fourth quarter. SWAN Capital LLC now owns 107 shares of the railroad operator’s stock worth $25,000 after acquiring an additional 103 shares during the last quarter. Rachor Investment Advisory Services LLC purchased a new stake in shares of Union Pacific during the fourth quarter worth approximately $25,000. High Point Wealth Management LLC purchased a new stake in shares of Union Pacific during the fourth quarter worth approximately $26,000. Finally, Scarborough Advisors LLC acquired a new position in Union Pacific in the 1st quarter valued at $27,000. 80.38% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In related news, EVP Eric J. Gehringer sold 2,991 shares of Union Pacific stock in a transaction that occurred on Wednesday, June 3rd. The shares were sold at an average price of $263.96, for a total value of $789,504.36. Following the completion of the transaction, the executive vice president owned 43,012 shares in the company, valued at approximately $11,353,447.52. The trade was a 6.50% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. 0.22% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

Several brokerages have issued reports on UNP. Stephens raised shares of Union Pacific to a “strong-buy” rating in a research note on Wednesday, July 8th. Barclays reissued an “overweight” rating and issued a $350.00 price target (up from $315.00) on shares of Union Pacific in a research note on Friday, July 24th. Wells Fargo & Company restated an “overweight” rating and set a $335.00 price target (up from $315.00) on shares of Union Pacific in a research report on Friday, July 24th. Weiss Ratings upgraded shares of Union Pacific from a “buy (b-)” rating to a “buy (b)” rating in a report on Friday, July 24th. Finally, Royal Bank Of Canada reissued an “outperform” rating and issued a $339.00 target price (up from $289.00) on shares of Union Pacific in a research note on Friday, July 24th. Two investment analysts have rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and seven have issued a Hold rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $320.89.

Union Pacific Stock Down 0.1%

NYSE UNP opened at $291.83 on Monday. The business’s fifty day simple moving average is $277.60 and its 200-day simple moving average is $260.77. The company has a quick ratio of 0.82, a current ratio of 0.99 and a debt-to-equity ratio of 1.40. The firm has a market cap of $173.37 billion, a PE ratio of 23.63, a P/E/G ratio of 2.99 and a beta of 0.96. Union Pacific Corporation has a 52 week low of $210.84 and a 52 week high of $315.99.

Union Pacific (NYSE:UNP) last announced its quarterly earnings data on Thursday, July 23rd. The railroad operator reported $3.41 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.26 by $0.15. The firm had revenue of $6.86 billion during the quarter, compared to analyst estimates of $6.72 billion. Union Pacific had a net margin of 28.85% and a return on equity of 38.46%. Union Pacific’s quarterly revenue was up 11.5% on a year-over-year basis. During the same quarter in the prior year, the firm posted $3.03 earnings per share. As a group, equities analysts anticipate that Union Pacific Corporation will post 12.9 earnings per share for the current year.

Union Pacific Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, September 30th. Investors of record on Monday, August 31st will be issued a dividend of $1.42 per share. This is a positive change from Union Pacific’s previous quarterly dividend of $1.38. The ex-dividend date is Monday, August 31st. This represents a $5.68 dividend on an annualized basis and a yield of 1.9%. Union Pacific’s dividend payout ratio (DPR) is 44.70%.

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.