ABN Amro Investment Solutions Buys 13,007 Shares of Union Pacific Corporation $UNP

ABN Amro Investment Solutions boosted its stake in shares of Union Pacific Corporation (NYSE:UNP) by 33.4% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 51,984 shares of the railroad operator’s stock after acquiring an additional 13,007 shares during the quarter. ABN Amro Investment Solutions’ holdings in Union Pacific were worth $12,025,000 as of its most recent SEC filing.

Other hedge funds have also recently added to or reduced their stakes in the company. Stephens Consulting LLC increased its position in Union Pacific by 48.4% in the fourth quarter. Stephens Consulting LLC now owns 135 shares of the railroad operator’s stock worth $31,000 after purchasing an additional 44 shares during the period. Macroview Investment Management LLC increased its position in Union Pacific by 3.4% in the fourth quarter. Macroview Investment Management LLC now owns 1,349 shares of the railroad operator’s stock worth $312,000 after purchasing an additional 44 shares during the period. Prestige Wealth Management Group LLC increased its position in Union Pacific by 1.4% in the third quarter. Prestige Wealth Management Group LLC now owns 3,186 shares of the railroad operator’s stock worth $753,000 after purchasing an additional 45 shares during the period. U.S. Capital Wealth Advisors LLC increased its position in Union Pacific by 0.9% in the fourth quarter. U.S. Capital Wealth Advisors LLC now owns 4,988 shares of the railroad operator’s stock worth $1,154,000 after purchasing an additional 45 shares during the period. Finally, Keebeck Wealth Management increased its position in Union Pacific by 1.7% in the third quarter. Keebeck Wealth Management now owns 2,691 shares of the railroad operator’s stock worth $636,000 after purchasing an additional 45 shares during the period. Institutional investors own 80.38% of the company’s stock.

Wall Street Analysts Forecast Growth

UNP has been the subject of a number of research reports. Sanford C. Bernstein lifted their price objective on Union Pacific from $289.00 to $293.00 and gave the stock an “outperform” rating in a research report on Tuesday, March 31st. BMO Capital Markets reiterated a “market perform” rating and issued a $285.00 price objective (up from $278.00) on shares of Union Pacific in a research report on Friday, April 24th. Evercore reiterated an “outperform” rating and issued a $277.00 price objective on shares of Union Pacific in a research report on Friday, April 24th. Wells Fargo & Company reiterated an “overweight” rating and issued a $300.00 price objective (up from $260.00) on shares of Union Pacific in a research report on Friday, April 24th. Finally, UBS Group restated a “neutral” rating and set a $274.00 target price (up from $253.00) on shares of Union Pacific in a report on Friday, April 24th. One research 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 company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $280.47.

Union Pacific Price Performance

Shares of UNP opened at $266.01 on Thursday. The company has a current ratio of 0.92, a quick ratio of 0.73 and a debt-to-equity ratio of 1.53. Union Pacific Corporation has a 1 year low of $210.84 and a 1 year high of $276.40. The stock has a market cap of $157.94 billion, a P/E ratio of 21.91, a price-to-earnings-growth ratio of 2.88 and a beta of 0.99. The stock’s 50-day moving average price is $253.19 and its two-hundred day moving average price is $243.35.

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, topping analysts’ consensus estimates of $2.86 by $0.07. Union Pacific had a return on equity of 39.58% and a net margin of 29.20%.The firm had revenue of $6.22 billion for the quarter, compared to analysts’ expectations of $6.12 billion. During the same quarter last year, the business earned $2.70 earnings per share. The company’s revenue was up 3.2% compared to the same quarter last year. On average, equities analysts predict that Union Pacific Corporation will post 12.53 earnings per share for the current year.

Union Pacific Dividend Announcement

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

Insiders Place Their Bets

In other news, EVP Kenyatta G. Rocker sold 27,387 shares of the firm’s stock in a transaction dated 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 sale, the executive vice president owned 61,102 shares of the company’s stock, valued at $16,605,079.52. This trade represents a 30.95% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CFO Jennifer L. Hamann sold 2,000 shares of the firm’s stock in a transaction dated Friday, April 24th. The stock was sold at an average price of $274.70, for a total value of $549,400.00. Following the sale, the chief financial officer directly owned 114,642 shares in the company, valued at approximately $31,492,157.40. This represents a 1.71% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders have sold 31,386 shares of company stock worth $8,461,716. Insiders own 0.22% of the company’s stock.

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.