Swiss Life Asset Management Ltd Trims Stock Holdings in Union Pacific Corporation $UNP

Swiss Life Asset Management Ltd decreased its holdings in Union Pacific Corporation (NYSE:UNP) by 1.4% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 256,574 shares of the railroad operator’s stock after selling 3,603 shares during the period. Swiss Life Asset Management Ltd’s holdings in Union Pacific were worth $59,351,000 at the end of the most recent reporting period.

Other large investors have also recently modified their holdings of the company. Midwest Trust Co lifted its stake in Union Pacific by 2.8% in the 3rd quarter. Midwest Trust Co now owns 281,036 shares of the railroad operator’s stock worth $66,428,000 after purchasing an additional 7,759 shares in the last quarter. Thrivent Financial for Lutherans lifted its stake in Union Pacific by 15.1% in the 3rd quarter. Thrivent Financial for Lutherans now owns 135,188 shares of the railroad operator’s stock worth $31,955,000 after purchasing an additional 17,696 shares in the last quarter. Bessemer Group Inc. lifted its stake in Union Pacific by 29.6% in the 3rd quarter. Bessemer Group Inc. now owns 653,589 shares of the railroad operator’s stock worth $154,488,000 after purchasing an additional 149,158 shares in the last quarter. AustralianSuper Pty Ltd purchased a new stake in Union Pacific in the 3rd quarter worth approximately $802,000. Finally, Berman McAleer LLC purchased a new stake in Union Pacific in the 3rd quarter worth approximately $1,036,000. Hedge funds and other institutional investors own 80.38% of the company’s stock.

Analysts Set New Price Targets

Several research firms have issued reports on UNP. The Goldman Sachs Group reiterated a “neutral” rating and issued a $267.00 target price on shares of Union Pacific in a research note on Tuesday, January 27th. Royal Bank Of Canada reiterated an “outperform” rating and issued a $289.00 target price (up from $273.00) on shares of Union Pacific in a research note on Friday, April 24th. Robert W. Baird set a $311.00 target price on shares of Union Pacific and gave the stock an “outperform” rating in a research note on Friday, March 6th. JPMorgan Chase & Co. increased their target price on shares of Union Pacific from $267.00 to $275.00 and gave the stock a “neutral” rating in a research note on Friday, April 24th. Finally, TD Cowen increased their target price on shares of Union Pacific from $256.00 to $282.00 and gave the stock a “buy” rating in a research note on Friday, April 24th. One equities research analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and eight have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $279.55.

Union Pacific Price Performance

UNP stock opened at $264.38 on Monday. The company has a debt-to-equity ratio of 1.53, a current ratio of 0.92 and a quick ratio of 0.73. Union Pacific Corporation has a one year low of $210.84 and a one year high of $274.79. The stock has a market cap of $156.96 billion, a PE ratio of 21.78, a P/E/G ratio of 2.81 and a beta of 0.99. The firm has a 50 day simple moving average of $252.20 and a two-hundred day simple moving average of $240.37.

Union Pacific (NYSE:UNP) last released its quarterly 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 during the quarter, compared to analysts’ expectations of $6.12 billion. During the same quarter in the previous year, the company earned $2.70 EPS. The business’s quarterly revenue was up 3.2% compared to the same quarter last year. On average, analysts predict that Union Pacific Corporation will post 12.53 EPS for the current fiscal year.

Insiders Place Their Bets

In other Union Pacific news, CFO Jennifer L. Hamann sold 2,000 shares of the business’s stock in a transaction that occurred on Friday, April 24th. The shares were sold at an average price of $274.70, for a total value 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 at this hyperlink. Also, EVP Kenyatta G. Rocker sold 27,387 shares of the business’s stock in a transaction that occurred 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 transaction, the executive vice president directly owned 61,102 shares of the company’s stock, valued at approximately $16,605,079.52. This represents a 30.95% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 31,386 shares of company stock valued at $8,461,716 in the last quarter. Corporate insiders own 0.22% of the company’s stock.

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.