Union Pacific Co. (UNP) Shares Bought by Howland Capital Management LLC

Howland Capital Management LLC boosted its position in shares of Union Pacific Co. (NYSE:UNP) by 8.4% during the 1st quarter, HoldingsChannel reports. The firm owned 26,777 shares of the railroad operator’s stock after buying an additional 2,086 shares during the quarter. Howland Capital Management LLC’s holdings in Union Pacific were worth $4,477,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of UNP. BlackRock Inc. boosted its stake in shares of Union Pacific by 2.2% during the 4th quarter. BlackRock Inc. now owns 48,020,051 shares of the railroad operator’s stock valued at $6,637,811,000 after buying an additional 1,029,260 shares during the period. Oregon Public Employees Retirement Fund boosted its stake in shares of Union Pacific by 18,524.9% during the 4th quarter. Oregon Public Employees Retirement Fund now owns 32,738,808 shares of the railroad operator’s stock valued at $237,000 after buying an additional 32,563,028 shares during the period. Geode Capital Management LLC boosted its stake in shares of Union Pacific by 7.7% during the 4th quarter. Geode Capital Management LLC now owns 9,640,019 shares of the railroad operator’s stock valued at $1,330,401,000 after buying an additional 688,775 shares during the period. Northern Trust Corp boosted its stake in shares of Union Pacific by 3.4% during the 4th quarter. Northern Trust Corp now owns 8,284,737 shares of the railroad operator’s stock valued at $1,145,199,000 after buying an additional 270,547 shares during the period. Finally, Norges Bank acquired a new stake in shares of Union Pacific during the 4th quarter valued at $1,036,317,000. Hedge funds and other institutional investors own 81.39% of the company’s stock.

UNP has been the subject of a number of research reports. Loop Capital lifted their target price on shares of Union Pacific from $188.00 to $193.00 and gave the company a “positive” rating in a research note on Thursday, January 24th. Deutsche Bank set a $200.00 price objective on shares of Union Pacific and gave the company a “buy” rating in a research note on Monday, April 22nd. Citigroup lifted their price objective on shares of Union Pacific from $180.00 to $195.00 and gave the company a “buy” rating in a research note on Thursday, April 4th. Cowen reaffirmed a “buy” rating on shares of Union Pacific in a research note on Thursday, January 24th. Finally, Credit Suisse Group lifted their price objective on shares of Union Pacific from $166.00 to $180.00 and gave the company an “outperform” rating in a research note on Tuesday, January 15th. One research analyst has rated the stock with a sell rating, seven have given a hold rating, thirteen have issued a buy rating and one has assigned a strong buy rating to the company. The company presently has a consensus rating of “Buy” and a consensus target price of $175.35.

UNP stock opened at $171.79 on Tuesday. The firm has a market capitalization of $122.14 billion, a P/E ratio of 21.72, a price-to-earnings-growth ratio of 1.94 and a beta of 1.11. The company has a debt-to-equity ratio of 1.32, a current ratio of 0.75 and a quick ratio of 0.60. Union Pacific Co. has a 1 year low of $128.08 and a 1 year high of $180.02.

Union Pacific (NYSE:UNP) last released its earnings results on Thursday, April 18th. The railroad operator reported $1.93 earnings per share for the quarter, topping the Zacks’ consensus estimate of $1.89 by $0.04. The firm had revenue of $5.38 billion during the quarter, compared to analyst estimates of $5.51 billion. Union Pacific had a net margin of 26.59% and a return on equity of 30.73%. The business’s revenue was down 1.7% on a year-over-year basis. During the same quarter in the previous year, the business earned $1.68 EPS. Equities analysts forecast that Union Pacific Co. will post 9.06 earnings per share for the current year.

Union Pacific declared that its board has authorized a share buyback program on Thursday, February 7th that permits the company to buyback 150,000,000 shares. This buyback authorization permits the railroad operator to buy shares of its stock through open market purchases. Shares buyback programs are generally an indication that the company’s board of directors believes its shares are undervalued.

In other Union Pacific news, VP Todd M. Rynaski sold 8,802 shares of the business’s stock in a transaction on Monday, April 1st. The shares were sold at an average price of $170.00, for a total transaction of $1,496,340.00. Following the completion of the transaction, the vice president now owns 19,731 shares of the company’s stock, valued at approximately $3,354,270. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, EVP Robert M. Knight, Jr. sold 1,380 shares of the business’s stock in a transaction on Friday, May 3rd. The stock was sold at an average price of $180.01, for a total transaction of $248,413.80. Following the transaction, the executive vice president now directly owns 94,943 shares of the company’s stock, valued at approximately $17,090,689.43. The disclosure for this sale can be found here. In the last three months, insiders have sold 31,667 shares of company stock valued at $5,454,729. Company insiders own 9.96% of the company’s stock.

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Union Pacific Company Profile

Union Pacific Corporation, through its subsidiary, Union Pacific Railroad Company, engages in the railroad business in the United States. It offers transportation services for agricultural products, including grains, commodities produced from grains, fertilizers, and food and beverage products; coal and sand, as well as petroleum, liquid petroleum gases, and renewables; and construction products, industrial chemicals, plastics, forest products, specialized products, metals and ores, and soda ash, as well as intermodal and finished vehicles.

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Institutional Ownership by Quarter for Union Pacific (NYSE:UNP)

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