Albion Financial Group UT Has $7.67 Million Stock Position in Union Pacific Corporation $UNP

Albion Financial Group UT cut its stake in Union Pacific Corporation (NYSE:UNP) by 7.6% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 33,151 shares of the railroad operator’s stock after selling 2,723 shares during the period. Albion Financial Group UT’s holdings in Union Pacific were worth $7,669,000 as of its most recent SEC filing.

Other large investors have also made changes to their positions in the company. Acadian Asset Management LLC increased its stake in Union Pacific by 40.4% during the first quarter. Acadian Asset Management LLC now owns 2,312 shares of the railroad operator’s stock valued at $546,000 after acquiring an additional 665 shares during the period. Schnieders Capital Management LLC. lifted its position in Union Pacific by 0.5% in the second quarter. Schnieders Capital Management LLC. now owns 20,606 shares of the railroad operator’s stock worth $4,741,000 after purchasing an additional 102 shares during the period. Brown Advisory Inc. lifted its position in Union Pacific by 3.6% in the second quarter. Brown Advisory Inc. now owns 58,181 shares of the railroad operator’s stock worth $13,386,000 after purchasing an additional 2,011 shares during the period. StoneX Group Inc. increased its holdings in Union Pacific by 2.0% in the 2nd quarter. StoneX Group Inc. now owns 5,112 shares of the railroad operator’s stock valued at $1,176,000 after buying an additional 98 shares during the period. Finally, Baker Avenue Asset Management LP increased its holdings in Union Pacific by 695.7% in the 2nd quarter. Baker Avenue Asset Management LP now owns 15,692 shares of the railroad operator’s stock valued at $3,610,000 after buying an additional 13,720 shares during the period. Institutional investors and hedge funds own 80.38% of the company’s stock.

Insider Transactions at Union Pacific

In related news, EVP Eric J. Gehringer sold 1,999 shares of the 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 transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Insiders own 0.28% of the company’s stock.

Union Pacific Stock Performance

Shares of UNP stock opened at $245.37 on Tuesday. The company has a debt-to-equity ratio of 1.64, a current ratio of 0.91 and a quick ratio of 0.75. The stock has a market cap of $145.60 billion, a PE ratio of 20.50, a price-to-earnings-growth ratio of 2.70 and a beta of 0.96. The stock has a 50-day moving average of $250.08 and a 200-day moving average of $236.31. Union Pacific Corporation has a one year low of $204.66 and a one year high of $268.14.

Union Pacific (NYSE:UNP) last announced its quarterly earnings results on Tuesday, January 27th. The railroad operator reported $2.86 EPS for the quarter, missing analysts’ consensus estimates of $2.92 by ($0.06). The company had revenue of $6.09 billion during the quarter, compared to the consensus estimate of $6.15 billion. Union Pacific had a net margin of 29.12% and a return on equity of 40.89%. The business’s revenue was down .6% compared to the same quarter last year. During the same period last year, the company earned $2.91 earnings per share. As a group, sell-side analysts expect that Union Pacific Corporation will post 11.99 earnings per share for the current year.

Union Pacific Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, March 31st. Investors of record on Friday, February 27th were paid a dividend of $1.38 per share. This represents a $5.52 dividend on an annualized basis and a yield of 2.2%. The ex-dividend date of this dividend was Friday, February 27th. Union Pacific’s dividend payout ratio is presently 46.12%.

Wall Street Analysts Forecast Growth

UNP has been the topic of several analyst reports. Evercore raised shares of Union Pacific from an “in-line” rating to an “outperform” rating and set a $262.00 price target on the stock in a report on Thursday, March 19th. Sanford C. Bernstein lifted their price objective on Union Pacific from $289.00 to $293.00 and gave the company an “outperform” rating in a report on Tuesday, March 31st. Barclays reissued an “overweight” rating and set a $285.00 price objective (up from $270.00) on shares of Union Pacific in a report on Tuesday, December 16th. The Goldman Sachs Group reaffirmed a “neutral” rating and set a $267.00 price objective on shares of Union Pacific in a research note on Tuesday, January 27th. Finally, BMO Capital Markets reaffirmed a “market perform” rating and set a $295.00 price objective on shares of Union Pacific in a research note on Thursday, February 19th. One investment analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and eight have issued a Hold rating to the company’s stock. According to MarketBeat, Union Pacific currently has an average rating of “Moderate Buy” and an average target price of $265.18.

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.