Insider Selling: Union Pacific Co. (NYSE:UNP) EVP Sells 8,620 Shares of Stock

Union Pacific Co. (NYSE:UNP) EVP Robert M. Knight, Jr. sold 8,620 shares of the company’s stock in a transaction on Wednesday, July 31st. The stock was sold at an average price of $180.04, for a total transaction of $1,551,944.80. Following the completion of the transaction, the executive vice president now owns 94,943 shares of the company’s stock, valued at $17,093,537.72. The sale was disclosed in a filing with the SEC, which is available at this link.

UNP stock traded down $4.94 during trading on Thursday, hitting $175.01. 4,278,028 shares of the stock traded hands, compared to its average volume of 3,670,512. Union Pacific Co. has a 1 year low of $128.08 and a 1 year high of $180.54. The stock has a 50 day simple moving average of $171.09. The stock has a market capitalization of $123.55 billion, a PE ratio of 22.13, a price-to-earnings-growth ratio of 1.98 and a beta of 1.04. The company has a current ratio of 0.72, a quick ratio of 0.58 and a debt-to-equity ratio of 1.26.

Union Pacific (NYSE:UNP) last announced its quarterly earnings data on Thursday, July 18th. The railroad operator reported $2.22 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $2.12 by $0.10. Union Pacific had a net margin of 26.95% and a return on equity of 31.74%. The company had revenue of $5.60 billion for the quarter, compared to the consensus estimate of $5.62 billion. During the same period in the prior year, the firm posted $1.98 EPS. Union Pacific’s revenue for the quarter was down 1.3% on a year-over-year basis. As a group, equities research analysts anticipate that Union Pacific Co. will post 8.96 EPS for the current fiscal year.

The business also recently declared a quarterly dividend, which will be paid on Monday, September 30th. Stockholders of record on Friday, August 30th will be issued a dividend of $0.97 per share. This represents a $3.88 dividend on an annualized basis and a dividend yield of 2.22%. The ex-dividend date is Thursday, August 29th. This is an increase from Union Pacific’s previous quarterly dividend of $0.88. Union Pacific’s dividend payout ratio (DPR) is presently 44.50%.

Several research analysts have commented on UNP shares. Stifel Nicolaus set a $170.00 price objective on shares of Union Pacific and gave the stock a “hold” rating in a report on Tuesday, April 23rd. Credit Suisse Group set a $203.00 target price on shares of Union Pacific and gave the stock a “buy” rating in a research report on Friday, July 19th. Barclays downgraded shares of Union Pacific from an “overweight” rating to an “equal weight” rating and reduced their target price for the stock from $190.00 to $170.00 in a research report on Thursday, June 13th. TD Securities upped their target price on shares of Union Pacific from $170.00 to $180.00 and gave the stock a “hold” rating in a research report on Monday, April 22nd. Finally, Citigroup upped their target price on shares of Union Pacific from $180.00 to $195.00 and gave the stock a “buy” rating in a research report on Thursday, April 4th. One equities research analyst has rated the stock with a sell rating, nine have assigned a hold rating and fourteen have assigned a buy rating to the company’s stock. Union Pacific presently has a consensus rating of “Buy” and a consensus target price of $182.62.

Several hedge funds and other institutional investors have recently made changes to their positions in UNP. Camarda Financial Advisors LLC boosted its holdings in shares of Union Pacific by 673.7% during the 1st quarter. Camarda Financial Advisors LLC now owns 147 shares of the railroad operator’s stock valued at $25,000 after acquiring an additional 128 shares during the last quarter. Squar Milner Financial Services LLC boosted its holdings in shares of Union Pacific by 368.6% during the 1st quarter. Squar Milner Financial Services LLC now owns 164 shares of the railroad operator’s stock valued at $27,000 after acquiring an additional 129 shares during the last quarter. Mackey Komara & Dankovich LLC purchased a new stake in shares of Union Pacific during the 1st quarter valued at about $29,000. Joseph P. Lucia & Associates LLC purchased a new stake in shares of Union Pacific during the 1st quarter valued at about $30,000. Finally, Manchester Financial Inc. purchased a new stake in shares of Union Pacific during the 2nd quarter valued at about $39,000. 79.30% of the stock is currently owned by hedge funds and other institutional investors.

About Union Pacific

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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Insider Buying and Selling by Quarter for Union Pacific (NYSE:UNP)

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