Union Pacific Corporation $UNP Shares Sold by Mirabaud Asset Management Ltd

Mirabaud Asset Management Ltd lowered its position in shares of Union Pacific Corporation (NYSE:UNP) by 79.7% in the fourth quarter, HoldingsChannel.com reports. The firm owned 5,412 shares of the railroad operator’s stock after selling 21,228 shares during the quarter. Mirabaud Asset Management Ltd’s holdings in Union Pacific were worth $1,341,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently modified their holdings of UNP. Rachor Investment Advisory Services LLC acquired a new position in shares of Union Pacific during the fourth quarter worth $25,000. High Point Wealth Management LLC acquired a new position in shares of Union Pacific during the fourth quarter worth $26,000. Caitlin John LLC acquired a new position in shares of Union Pacific during the third quarter worth $27,000. Saranac Partners Ltd acquired a new position in shares of Union Pacific during the third quarter worth $27,000. Finally, Stephens Consulting LLC grew its stake in shares of Union Pacific by 48.4% during 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 in the last quarter. Institutional investors and hedge funds own 80.38% of the company’s stock.

Union Pacific Price Performance

Shares of UNP opened at $264.38 on Monday. Union Pacific Corporation has a 1-year low of $210.84 and a 1-year high of $274.79. The stock has a market cap of $156.96 billion, a PE ratio of 21.78, a price-to-earnings-growth ratio of 2.81 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. The firm has a fifty day moving average price of $252.20 and a 200 day moving average price of $240.37.

Union Pacific (NYSE:UNP) last announced its quarterly earnings results on Thursday, April 23rd. The railroad operator reported $2.93 earnings per share for the quarter, beating analysts’ consensus estimates of $2.86 by $0.07. Union Pacific had a net margin of 29.20% and a return on equity of 39.58%. The firm had revenue of $6.22 billion during the quarter, compared to analysts’ expectations of $6.12 billion. During the same period in the previous year, the company earned $2.70 earnings per share. Union Pacific’s quarterly revenue was up 3.2% compared to the same quarter last year. As a group, sell-side analysts anticipate that Union Pacific Corporation will post 12.53 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of brokerages recently commented on UNP. Citigroup reiterated a “buy” rating and set a $307.00 target price (up from $285.00) on shares of Union Pacific in a research note on Friday, April 24th. Weiss Ratings raised shares of Union Pacific from a “buy (b-)” rating to a “buy (b)” rating in a research report on Tuesday, April 21st. Wells Fargo & Company reissued an “overweight” rating and issued a $300.00 price target (up from $260.00) on shares of Union Pacific in a research report on Friday, April 24th. UBS Group reissued a “neutral” rating and issued a $274.00 price target (up from $253.00) on shares of Union Pacific in a research report on Friday, April 24th. Finally, Susquehanna reissued a “buy” rating on shares of Union Pacific in a research report on Monday, January 19th. 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.com, Union Pacific currently has a consensus rating of “Moderate Buy” and an average target price of $279.55.

Insider Activity at Union Pacific

In other Union Pacific news, EVP Kenyatta G. Rocker sold 27,387 shares of Union Pacific stock in a transaction 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 transaction, the executive vice president directly owned 61,102 shares in the company, valued at approximately $16,605,079.52. The trade was a 30.95% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CFO Jennifer L. Hamann sold 2,000 shares of Union Pacific stock in a transaction 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 transaction, the chief financial officer owned 114,642 shares in the company, valued at approximately $31,492,157.40. This represents a 1.71% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 31,386 shares of company stock valued at $8,461,716 over the last ninety days. Insiders own 0.22% of the company’s stock.

Union Pacific 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.