Investors Sell Union Pacific (UNP) on Strength (UNP)

Investors sold shares of Union Pacific Co. (NYSE:UNP) on strength during trading on Wednesday. $114.39 million flowed into the stock on the tick-up and $148.07 million flowed out of the stock on the tick-down, for a money net flow of $33.68 million out of the stock. Of all stocks tracked, Union Pacific had the 12th highest net out-flow for the day. Union Pacific traded up $3.23 for the day and closed at $136.06

Several brokerages have weighed in on UNP. Zacks Investment Research raised shares of Union Pacific from a “hold” rating to a “buy” rating and set a $157.00 price objective on the stock in a research note on Monday, January 15th. Scotiabank set a $150.00 price objective on shares of Union Pacific and gave the stock a “hold” rating in a research note on Thursday, January 11th. Daiwa Capital Markets upgraded shares of Union Pacific from a “hold” rating to an “outperform” rating in a research report on Thursday, January 11th. BMO Capital Markets reiterated a “buy” rating and set a $150.00 target price on shares of Union Pacific in a research report on Monday, January 8th. Finally, UBS upgraded shares of Union Pacific from a “neutral” rating to a “buy” rating in a research report on Friday, January 5th. Three research analysts have rated the stock with a sell rating, twelve have assigned a hold rating and eleven have given a buy rating to the company. Union Pacific currently has an average rating of “Hold” and a consensus price target of $138.95.

The firm has a market cap of $106,008.86, a price-to-earnings ratio of 23.50, a P/E/G ratio of 1.69 and a beta of 0.79. The company has a current ratio of 1.02, a quick ratio of 0.83 and a debt-to-equity ratio of 0.65.

Union Pacific (NYSE:UNP) last announced its quarterly earnings data on Thursday, January 25th. The railroad operator reported $1.53 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $1.54 by ($0.01). Union Pacific had a net margin of 50.43% and a return on equity of 22.26%. The business had revenue of $5.45 billion during the quarter, compared to analyst estimates of $5.44 billion. During the same quarter in the prior year, the company earned $1.39 earnings per share. The company’s quarterly revenue was up 5.5% on a year-over-year basis. equities research analysts forecast that Union Pacific Co. will post 7.56 EPS for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which was paid on Friday, March 30th. Investors of record on Wednesday, February 28th were issued a $0.73 dividend. This is a positive change from Union Pacific’s previous quarterly dividend of $0.67. This represents a $2.92 annualized dividend and a yield of 2.15%. The ex-dividend date was Tuesday, February 27th. Union Pacific’s dividend payout ratio is currently 50.43%.

In related news, CFO Robert M. Knight, Jr. sold 25,000 shares of the stock in a transaction that occurred on Tuesday, March 20th. The shares were sold at an average price of $137.39, for a total value of $3,434,750.00. Following the transaction, the chief financial officer now directly owns 106,518 shares in the company, valued at $14,634,508.02. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, EVP Elizabeth F. Whited sold 15,576 shares of the stock in a transaction that occurred on Tuesday, April 3rd. The shares were sold at an average price of $133.79, for a total transaction of $2,083,913.04. Following the completion of the transaction, the executive vice president now owns 65,613 shares in the company, valued at $8,778,363.27. The disclosure for this sale can be found here. Corporate insiders own 0.20% of the company’s stock.

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Dempze Nancy E raised its holdings in Union Pacific by 46.6% in the fourth quarter. Dempze Nancy E now owns 3,460 shares of the railroad operator’s stock worth $465,000 after purchasing an additional 1,100 shares during the period. Reilly Herbert Faulkner III raised its holdings in Union Pacific by 1.7% in the fourth quarter. Reilly Herbert Faulkner III now owns 41,269 shares of the railroad operator’s stock worth $5,534,000 after purchasing an additional 699 shares during the period. FTB Advisors Inc. raised its holdings in Union Pacific by 2.1% in the fourth quarter. FTB Advisors Inc. now owns 69,603 shares of the railroad operator’s stock worth $9,438,000 after purchasing an additional 1,462 shares during the period. Prudential Financial Inc. raised its holdings in Union Pacific by 12.2% in the third quarter. Prudential Financial Inc. now owns 2,562,570 shares of the railroad operator’s stock worth $297,180,000 after purchasing an additional 277,810 shares during the period. Finally, Financial Life Advisors acquired a new stake in Union Pacific in the fourth quarter worth $220,000. Institutional investors and hedge funds own 79.81% of the company’s stock.

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About Union Pacific

Union Pacific Corporation is a railroad operating company in the United States. The Company operates through its principal operating company, Union Pacific Railroad Company (UPRR). Its business mix includes Agricultural Products, Automotive, Chemicals, Coal, Industrial Products and Intermodal. Its freight traffic consists of bulk, manifest, and premium business.

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