Union Pacific Corporation $UNP Shares Purchased by State Street Corp

State Street Corp increased its holdings in shares of Union Pacific Corporation (NYSE:UNP) by 4.3% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 26,330,080 shares of the railroad operator’s stock after acquiring an additional 1,082,285 shares during the quarter. State Street Corp’s holdings in Union Pacific were worth $6,090,674,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Tucker Asset Management LLC acquired a new stake in Union Pacific during the fourth quarter worth about $25,000. SWAN Capital LLC raised its stake in Union Pacific by 2,575.0% during 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 period. Rachor Investment Advisory Services LLC acquired a new stake in Union Pacific during the fourth quarter worth about $25,000. Caitlin John LLC acquired a new stake in Union Pacific during the third quarter worth about $27,000. Finally, Saranac Partners Ltd acquired a new stake in Union Pacific during the third quarter worth about $27,000. Institutional investors and hedge funds own 80.38% of the company’s stock.

Union Pacific Price Performance

NYSE UNP opened at $272.37 on Friday. Union Pacific Corporation has a 52 week low of $210.84 and a 52 week high of $279.70. 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 stock has a market cap of $161.71 billion, a price-to-earnings ratio of 22.44, a price-to-earnings-growth ratio of 2.84 and a beta of 0.97. The company has a 50-day moving average price of $262.23 and a two-hundred day moving average price of $248.69.

Union Pacific (NYSE:UNP) last posted its earnings results on Thursday, April 23rd. The railroad operator reported $2.93 EPS for the quarter, topping the consensus estimate of $2.86 by $0.07. Union Pacific had a net margin of 29.20% and a return on equity of 39.58%. The firm had revenue of $6.22 billion during the quarter, compared to analysts’ expectations of $6.12 billion. During the same quarter in the prior year, the firm earned $2.70 EPS. Union Pacific’s quarterly revenue was up 3.2% on a year-over-year basis. Analysts forecast that Union Pacific Corporation will post 12.55 EPS for the current year.

Union Pacific Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Tuesday, June 30th. Shareholders of record on Friday, May 29th will be given a $1.38 dividend. The ex-dividend date is Friday, May 29th. This represents a $5.52 annualized dividend and a yield of 2.0%. Union Pacific’s dividend payout ratio is 45.47%.

Wall Street Analyst Weigh In

Several equities research analysts recently weighed in on UNP shares. Weiss Ratings upgraded shares of Union Pacific from a “buy (b-)” rating to a “buy (b)” rating in a research note on Tuesday, April 21st. Citigroup reiterated a “buy” rating and set a $307.00 price objective (up from $285.00) on shares of Union Pacific in a research note on Friday, April 24th. TD Cowen increased their price objective 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. Evercore restated an “outperform” rating and issued a $277.00 target price on shares of Union Pacific in a research report on Friday, April 24th. Finally, Robert W. Baird set a $311.00 target price on shares of Union Pacific and gave the stock an “outperform” rating in a research report on Friday, March 6th. One investment analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating and eight have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $282.21.

Insiders Place Their Bets

In other Union Pacific news, EVP Kenyatta G. Rocker sold 27,387 shares of the company’s 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 completion of the transaction, 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 transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, EVP Eric J. Gehringer sold 2,991 shares of the stock in a transaction that occurred on Wednesday, June 3rd. The shares were sold at an average price of $263.96, for a total transaction of $789,504.36. Following the completion of the transaction, the executive vice president owned 43,012 shares of the company’s stock, valued at $11,353,447.52. This trade represents a 6.50% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last 90 days, insiders sold 34,377 shares of company stock worth $9,251,221. Insiders own 0.22% of the company’s stock.

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.