Navellier & Associates Inc. Sells 1,908 Shares of Union Pacific Corporation $UNP

Navellier & Associates Inc. lessened its stake in Union Pacific Corporation (NYSE:UNP) by 27.3% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 5,077 shares of the railroad operator’s stock after selling 1,908 shares during the quarter. Navellier & Associates Inc.’s holdings in Union Pacific were worth $1,174,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Rachor Investment Advisory Services LLC acquired a new stake in shares of Union Pacific in the fourth quarter valued at approximately $25,000. Caitlin John LLC bought a new position in Union Pacific during the 3rd quarter worth $27,000. Saranac Partners Ltd acquired a new position in Union Pacific in the 3rd quarter valued at $27,000. High Point Wealth Management LLC bought a new stake in shares of Union Pacific during the 4th quarter valued at $26,000. Finally, Stephens Consulting LLC grew its holdings 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 worth $31,000 after purchasing an additional 44 shares in the last quarter. 80.38% of the stock is owned by institutional investors.

Analysts Set New Price Targets

UNP has been the subject of several recent analyst reports. Benchmark upped their price objective on shares of Union Pacific from $275.00 to $300.00 and gave the stock a “buy” rating in a research report on Friday, April 24th. Robert W. Baird set a $311.00 price target on shares of Union Pacific and gave the stock an “outperform” rating in a research report on Friday, March 6th. 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. Sanford C. Bernstein raised their target price on Union Pacific from $289.00 to $293.00 and gave the company an “outperform” rating in a report on Tuesday, March 31st. Finally, Weiss Ratings upgraded Union Pacific from a “buy (b-)” rating to a “buy (b)” rating in a research note on Tuesday, April 21st. One research analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and eight have given a Hold rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $279.55.

Insider Activity

In other news, EVP Eric J. Gehringer sold 1,999 shares of the business’s stock in a transaction dated 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 SEC, which is available through the SEC website. Also, EVP Kenyatta G. Rocker sold 27,387 shares of the company’s stock in a transaction that occurred on Friday, April 24th. The shares were sold at an average price of $271.76, for a total value of $7,442,691.12. Following the completion of the transaction, the executive vice president directly owned 61,102 shares of the company’s stock, valued at $16,605,079.52. This represents a 30.95% decrease in their position. The SEC filing for this sale provides additional information. Over the last three months, insiders have sold 31,386 shares of company stock valued at $8,461,716. 0.22% of the stock is currently owned by corporate insiders.

Union Pacific Stock Performance

NYSE UNP opened at $268.46 on Thursday. The firm’s fifty day moving average price is $252.23 and its two-hundred day moving average price is $240.10. The stock has a market cap of $159.39 billion, a PE ratio of 22.11, a PEG ratio of 2.80 and a beta of 0.99. The company has a debt-to-equity ratio of 1.53, a quick ratio of 0.73 and a current ratio of 0.92. Union Pacific Corporation has a fifty-two week low of $210.84 and a fifty-two week high of $274.79.

Union Pacific (NYSE:UNP) last announced its quarterly earnings results on Thursday, April 23rd. The railroad operator reported $2.93 EPS for the quarter, beating analysts’ consensus estimates 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 return on equity of 39.58% and a net margin of 29.20%.Union Pacific’s revenue was up 3.2% compared to the same quarter last year. During the same period in the prior year, the company earned $2.70 EPS. On average, equities analysts expect that Union Pacific Corporation will post 12.53 EPS for the current fiscal year.

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.