Raiffeisen Bank International AG Increases Position in Union Pacific Corporation $UNP

Raiffeisen Bank International AG lifted its holdings in Union Pacific Corporation (NYSE:UNP) by 1.1% during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 259,694 shares of the railroad operator’s stock after buying an additional 2,872 shares during the period. Union Pacific makes up approximately 0.8% of Raiffeisen Bank International AG’s portfolio, making the stock its 29th biggest holding. Raiffeisen Bank International AG’s holdings in Union Pacific were worth $60,524,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently modified their holdings of UNP. Tucker Asset Management LLC purchased a new position in Union Pacific in the fourth quarter valued at approximately $25,000. Rachor Investment Advisory Services LLC purchased a new position in Union Pacific in the fourth quarter valued at approximately $25,000. Caitlin John LLC purchased a new position in Union Pacific in the third quarter valued at approximately $27,000. Saranac Partners Ltd purchased a new position in Union Pacific in the third quarter valued at approximately $27,000. Finally, High Point Wealth Management LLC purchased a new position in Union Pacific in the fourth quarter valued at approximately $26,000. Hedge funds and other institutional investors own 80.38% of the company’s stock.

Wall Street Analysts Forecast Growth

UNP has been the topic of several research analyst reports. UBS Group reiterated a “neutral” rating and issued a $274.00 price objective (up from $253.00) on shares of Union Pacific in a research note on Friday, April 24th. Susquehanna reiterated a “positive” rating and issued a $305.00 price objective on shares of Union Pacific in a research note on Friday, June 5th. Barclays reiterated an “overweight” rating and issued a $315.00 price objective (up from $285.00) on shares of Union Pacific in a research note on Friday, April 24th. Sanford C. Bernstein boosted their target price on shares of Union Pacific from $289.00 to $293.00 and gave the company an “outperform” rating in a report on Tuesday, March 31st. Finally, Weiss Ratings raised shares of Union Pacific from a “buy (b-)” rating to a “buy (b)” rating in a report on Tuesday, April 21st. One investment analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating and eight have given a Hold rating to the stock. According to data from MarketBeat, Union Pacific has a consensus rating of “Moderate Buy” and a consensus target price of $282.21.

Union Pacific Trading Up 0.6%

Shares of UNP stock opened at $268.50 on Friday. The company’s fifty day simple moving average is $261.64 and its two-hundred day simple moving average is $248.52. 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 1 year low of $210.84 and a 1 year high of $279.70. The stock has a market capitalization of $159.41 billion, a price-to-earnings ratio of 22.12, a PEG ratio of 2.83 and a beta of 0.97.

Union Pacific (NYSE:UNP) last issued its earnings results on Thursday, April 23rd. The railroad operator reported $2.93 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.86 by $0.07. The business had revenue of $6.22 billion for the quarter, compared to analysts’ expectations of $6.12 billion. Union Pacific had a net margin of 29.20% and a return on equity of 39.58%. The business’s revenue for the quarter was up 3.2% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $2.70 EPS. As a group, analysts anticipate that Union Pacific Corporation will post 12.53 earnings per share for the current year.

Union Pacific Dividend Announcement

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

Insider Transactions at Union Pacific

In other news, CFO Jennifer L. Hamann sold 2,000 shares of the company’s stock in a transaction 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 transaction, the chief financial officer 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 transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, EVP Kenyatta G. Rocker sold 27,387 shares of the company’s 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 transaction, the executive vice president directly owned 61,102 shares in the company, valued at approximately $16,605,079.52. The trade was a 30.95% decrease in their position. The SEC filing for this sale provides additional information. Over the last quarter, insiders have sold 34,377 shares of company stock valued at $9,251,221. 0.22% of the stock is currently owned by company insiders.

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.