Fideuram Asset Management Ireland dac Buys Shares of 15,988 Union Pacific Corporation $UNP

Key Points

• Fideuram Asset Management Ireland dac disclosed a new stake in Union Pacific during the fourth quarter, buying 15,988 shares worth about $3.9 million.
• Union Pacific’s latest earnings beat expectations, with EPS of $2.93 versus the $2.86 consensus and revenue of $6.22 billion, up 3.2% year over year.
• Analysts remain broadly positive on the stock, with an average rating of Moderate Buy and an average price target of $280.47; the company also announced a quarterly dividend of $1.38 per share.

Fideuram Asset Management Ireland dac bought a new stake in shares of Union Pacific Corporation (NYSE:UNP - Free Report) during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 15,988 shares of the railroad operator's stock, valued at approximately $3,908,000.

Several other large investors also recently made changes to their positions in the business. Stephens Consulting LLC boosted its position in shares of Union Pacific by 48.4% during the 4th quarter. Stephens Consulting LLC now owns 135 shares of the railroad operator's stock valued at $31,000 after purchasing an additional 44 shares in the last quarter. Macroview Investment Management LLC boosted its position in shares of Union Pacific by 3.4% during the 4th quarter. Macroview Investment Management LLC now owns 1,349 shares of the railroad operator's stock valued at $312,000 after purchasing an additional 44 shares in the last quarter. Prestige Wealth Management Group LLC boosted its position in shares of Union Pacific by 1.4% during the 3rd quarter. Prestige Wealth Management Group LLC now owns 3,186 shares of the railroad operator's stock valued at $753,000 after purchasing an additional 45 shares in the last quarter. U.S. Capital Wealth Advisors LLC boosted its position in shares of Union Pacific by 0.9% during the 4th quarter. U.S. Capital Wealth Advisors LLC now owns 4,988 shares of the railroad operator's stock valued at $1,154,000 after purchasing an additional 45 shares in the last quarter. Finally, Keebeck Wealth Management boosted its position in shares of Union Pacific by 1.7% during the 3rd quarter. Keebeck Wealth Management now owns 2,691 shares of the railroad operator's stock valued at $636,000 after purchasing an additional 45 shares in the last quarter. Institutional investors own 80.38% of the company's stock.

Wall Street Analysts Forecast Growth

Several equities analysts have recently weighed in on UNP shares. TD Cowen raised their price objective on shares of Union Pacific from $256.00 to $282.00 and gave the company a "buy" rating in a research report on Friday, April 24th. Benchmark raised their price objective on shares of Union Pacific from $275.00 to $300.00 and gave the company a "buy" rating in a research report on Friday, April 24th. Citigroup restated a "buy" rating and set a $307.00 price objective (up from $285.00) on shares of Union Pacific in a research report on Friday, April 24th. BMO Capital Markets restated a "market perform" rating and set a $285.00 price objective (up from $278.00) on shares of Union Pacific in a research report on Friday, April 24th. Finally, Sanford C. Bernstein raised their price objective on shares of Union Pacific from $289.00 to $293.00 and gave the company an "outperform" rating in a research report on Tuesday, March 31st. One equities research 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 stock. Based on data from MarketBeat.com, Union Pacific currently has an average rating of "Moderate Buy" and an average target price of $280.47.

Union Pacific Stock Performance

Shares of UNP opened at $266.59 on Friday. Union Pacific Corporation has a one year low of $210.84 and a one year high of $279.70. The company has a 50-day moving average of $256.04 and a two-hundred day moving average of $245.44. The stock has a market cap of $158.28 billion, a price-to-earnings ratio of 21.96, a PEG ratio of 2.97 and a beta of 0.99. 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 (NYSE:UNP - Get Free Report) last announced 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. The company had revenue of $6.22 billion during 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% on a year-over-year basis. During the same period last year, the company posted $2.70 earnings per share. On average, equities research analysts expect that Union Pacific Corporation will post 12.53 earnings per share for the current year.

Union Pacific Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, June 30th. Investors of record on Friday, May 29th will be issued a dividend of $1.38 per share. This represents a $5.52 annualized dividend and a dividend yield of 2.1%. The ex-dividend date is Friday, May 29th. Union Pacific's dividend payout ratio (DPR) is currently 45.47%.

Insider Buying and Selling

In related news, CFO Jennifer L. Hamann sold 2,000 shares of the firm'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 transaction of $549,400.00. Following the completion of the sale, the chief financial officer directly owned 114,642 shares in the company, valued at approximately $31,492,157.40. This trade 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 Eric J. Gehringer sold 1,999 shares of the firm's stock in a transaction that occurred on Friday, March 20th. The stock was sold at an average price of $234.93, for a total transaction of $469,625.07. The SEC filing for this sale provides additional information. Over the last three months, insiders sold 31,386 shares of company stock worth $8,461,716. 0.22% of the stock is owned by company insiders.

Union Pacific Company 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.

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