Vista Investment Partners LLC Has $1.17 Million Stock Position in Union Pacific Corporation $UNP

Vista Investment Partners LLC boosted its holdings in Union Pacific Corporation (NYSE:UNP) by 123.7% in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 4,295 shares of the railroad operator’s stock after purchasing an additional 2,375 shares during the quarter. Vista Investment Partners LLC’s holdings in Union Pacific were worth $1,168,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in UNP. Cambient Family Office LLC bought a new position in shares of Union Pacific in the fourth quarter valued at $1,319,000. First National Bank of Omaha increased its position in shares of Union Pacific by 35.8% during the fourth quarter. First National Bank of Omaha now owns 54,635 shares of the railroad operator’s stock worth $12,665,000 after acquiring an additional 14,399 shares in the last quarter. North Dakota State Investment Board bought a new stake in shares of Union Pacific during the fourth quarter worth about $4,746,000. Sage Investment Advisers LLC acquired a new stake in shares of Union Pacific in the 4th quarter worth about $997,000. Finally, Truist Financial Corp raised its holdings in shares of Union Pacific by 3.1% in the 4th quarter. Truist Financial Corp now owns 1,016,071 shares of the railroad operator’s stock worth $235,038,000 after acquiring an additional 30,079 shares during the last quarter. 80.38% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several equities analysts recently weighed in on UNP shares. Robert W. Baird lifted their price target on Union Pacific from $311.00 to $344.00 and gave the company an “outperform” rating in a research note on Monday, July 27th. Bank of America increased their price objective on Union Pacific from $301.00 to $334.00 and gave the stock a “buy” rating in a research note on Thursday, July 23rd. Royal Bank Of Canada reissued an “outperform” rating and issued a $339.00 price objective (up from $289.00) on shares of Union Pacific in a research note on Friday, July 24th. Benchmark raised their target price on Union Pacific from $325.00 to $335.00 and gave the company a “buy” rating in a report on Friday, July 24th. Finally, JPMorgan Chase & Co. lifted their target price on Union Pacific from $304.00 to $334.00 and gave the company a “neutral” rating in a research report on Friday, July 24th. Two investment analysts have rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and seven have assigned a Hold rating to the company’s stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $320.89.

Union Pacific Stock Down 0.1%

UNP opened at $292.98 on Monday. Union Pacific Corporation has a fifty-two week low of $210.84 and a fifty-two week high of $315.99. The firm has a market capitalization of $174.05 billion, a P/E ratio of 23.72, a PEG ratio of 3.00 and a beta of 0.96. The company’s 50-day moving average is $280.13 and its 200 day moving average is $263.07. The company has a debt-to-equity ratio of 1.40, a current ratio of 0.99 and a quick ratio of 0.82.

Union Pacific (NYSE:UNP) last issued its quarterly earnings data on Thursday, July 23rd. The railroad operator reported $3.41 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.26 by $0.15. The business had revenue of $6.86 billion during the quarter, compared to the consensus estimate of $6.72 billion. Union Pacific had a net margin of 28.85% and a return on equity of 38.46%. The firm’s quarterly revenue was up 11.5% compared to the same quarter last year. During the same period in the prior year, the firm posted $3.03 EPS. Research analysts expect that Union Pacific Corporation will post 12.9 earnings per share for the current fiscal year.

Union Pacific Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, September 30th. Stockholders of record on Monday, August 31st will be issued a $1.42 dividend. This is a boost from Union Pacific’s previous quarterly dividend of $1.38. This represents a $5.68 annualized dividend and a dividend yield of 1.9%. The ex-dividend date of this dividend is Monday, August 31st. Union Pacific’s dividend payout ratio is currently 44.70%.

Insider Activity

In related news, EVP Eric J. Gehringer sold 2,991 shares of the stock in a transaction that occurred on Wednesday, June 3rd. The stock was sold at an average price of $263.96, for a total transaction of $789,504.36. Following the completion of the sale, the executive vice president directly owned 43,012 shares of the company’s stock, valued at approximately $11,353,447.52. This trade represents a 6.50% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. 0.22% of the stock is currently owned by corporate 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.