Marble Wealth LLC Acquires New Position in Union Pacific Corporation $UNP

Marble Wealth LLC acquired a new stake in shares of Union Pacific Corporation (NYSE:UNP) during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 2,525 shares of the railroad operator’s stock, valued at approximately $584,000.

Several other institutional investors also recently bought and sold shares of the company. Vanguard Group Inc. grew its position in Union Pacific by 1.1% during the 4th quarter. Vanguard Group Inc. now owns 59,329,262 shares of the railroad operator’s stock valued at $13,724,045,000 after purchasing an additional 659,378 shares during the last quarter. Geode Capital Management LLC grew its position in Union Pacific by 2.0% during the 4th quarter. Geode Capital Management LLC now owns 15,360,668 shares of the railroad operator’s stock valued at $3,552,550,000 after purchasing an additional 296,814 shares during the last quarter. Capital World Investors grew its position in Union Pacific by 193.3% during the 3rd quarter. Capital World Investors now owns 10,481,043 shares of the railroad operator’s stock valued at $2,477,404,000 after purchasing an additional 6,908,016 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its position in Union Pacific by 72.7% during the 3rd quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 9,177,002 shares of the railroad operator’s stock valued at $2,169,168,000 after purchasing an additional 3,861,636 shares during the last quarter. Finally, Capital Research Global Investors boosted its holdings in shares of Union Pacific by 95.0% during the 3rd quarter. Capital Research Global Investors now owns 8,713,196 shares of the railroad operator’s stock valued at $2,059,538,000 after acquiring an additional 4,244,226 shares during the last quarter. 80.38% of the stock is owned by hedge funds and other institutional investors.

Union Pacific Stock Performance

UNP opened at $262.87 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. The company has a market cap of $156.07 billion, a price-to-earnings ratio of 21.65, a PEG ratio of 2.81 and a beta of 0.97. The company’s 50 day moving average is $258.23 and its 200 day moving average is $246.56. Union Pacific Corporation has a 12-month low of $210.84 and a 12-month high of $279.70.

Union Pacific (NYSE:UNP) last posted its quarterly earnings data 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. The company had revenue of $6.22 billion for the quarter, compared to the consensus estimate of $6.12 billion. Union Pacific had a net margin of 29.20% and a return on equity of 39.58%. The firm’s revenue was up 3.2% compared to the same quarter last year. During the same quarter last year, the firm posted $2.70 earnings per share. On average, equities research analysts predict that Union Pacific Corporation will post 12.53 EPS for the current year.

Union Pacific Dividend Announcement

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

Analyst Upgrades and Downgrades

A number of analysts have recently commented on the stock. Robert W. Baird set a $311.00 price target on shares of Union Pacific and gave the stock an “outperform” rating in a research note on Friday, March 6th. UBS Group reiterated a “neutral” rating and issued a $274.00 price target (up from $253.00) on shares of Union Pacific in a research note on Friday, April 24th. Royal Bank Of Canada reiterated an “outperform” rating and issued a $289.00 price target (up from $273.00) on shares of Union Pacific in a research note on Friday, April 24th. BMO Capital Markets reiterated a “market perform” rating and issued a $285.00 price target (up from $278.00) on shares of Union Pacific in a research note on Friday, April 24th. Finally, JPMorgan Chase & Co. lifted their price target on shares of Union Pacific from $267.00 to $275.00 and gave the stock a “neutral” rating in a research note on Friday, April 24th. One analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating and eight have issued a Hold rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $280.47.

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 value of $549,400.00. Following the transaction, the chief financial officer owned 114,642 shares of the company’s stock, 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 filing with the SEC, which can be accessed through this link. 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 disclosure for this sale is available in the SEC filing. Over the last quarter, insiders have sold 31,386 shares of company stock valued at $8,461,716. 0.22% of the stock is owned by 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.