Foresight Global Investors Inc. Has $1.40 Million Stake in Union Pacific Co. (NYSE:UNP)

Foresight Global Investors Inc. cut its holdings in Union Pacific Co. (NYSE:UNP) by 24.7% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 5,690 shares of the railroad operator’s stock after selling 1,870 shares during the period. Union Pacific accounts for approximately 0.8% of Foresight Global Investors Inc.’s portfolio, making the stock its 16th biggest holding. Foresight Global Investors Inc.’s holdings in Union Pacific were worth $1,398,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of UNP. Wellington Management Group LLP raised its holdings in Union Pacific by 0.3% during the 3rd quarter. Wellington Management Group LLP now owns 7,261,449 shares of the railroad operator’s stock worth $1,478,649,000 after purchasing an additional 19,145 shares during the last quarter. Northern Trust Corp boosted its stake in shares of Union Pacific by 4.4% during the 3rd quarter. Northern Trust Corp now owns 6,803,796 shares of the railroad operator’s stock worth $1,385,457,000 after acquiring an additional 285,988 shares during the period. Fisher Asset Management LLC lifted its holdings in Union Pacific by 2.2% during the 4th quarter. Fisher Asset Management LLC now owns 5,867,842 shares of the railroad operator’s stock worth $1,441,260,000 after purchasing an additional 125,522 shares during the last quarter. FMR LLC boosted its stake in shares of Union Pacific by 62.8% in the third quarter. FMR LLC now owns 5,496,708 shares of the railroad operator’s stock valued at $1,119,295,000 after buying an additional 2,119,382 shares during the period. Finally, Invesco Ltd. increased its holdings in Union Pacific by 18.8% in the 3rd quarter. Invesco Ltd. now owns 5,003,423 shares of the railroad operator’s stock valued at $1,018,847,000 after buying an additional 792,896 shares during the period. 80.38% of the stock is currently owned by institutional investors and hedge funds.

Union Pacific Stock Performance

NYSE:UNP traded up $0.71 during mid-day trading on Thursday, hitting $246.61. The company’s stock had a trading volume of 1,765,130 shares, compared to its average volume of 2,281,717. The company has a debt-to-equity ratio of 1.99, a current ratio of 0.93 and a quick ratio of 0.76. The stock has a market cap of $150.46 billion, a price-to-earnings ratio of 23.53, a PEG ratio of 2.55 and a beta of 1.06. The business’s fifty day moving average is $242.31 and its two-hundred day moving average is $236.85. Union Pacific Co. has a 1 year low of $190.71 and a 1 year high of $258.66.

Union Pacific (NYSE:UNP) last announced its quarterly earnings data on Thursday, April 25th. The railroad operator reported $2.69 earnings per share for the quarter, beating analysts’ consensus estimates of $2.50 by $0.19. Union Pacific had a return on equity of 44.34% and a net margin of 26.52%. The company had revenue of $6.03 billion for the quarter, compared to analyst estimates of $5.97 billion. During the same quarter last year, the firm posted $2.67 EPS. The firm’s revenue for the quarter was down .4% on a year-over-year basis. Analysts anticipate that Union Pacific Co. will post 11.21 EPS for the current fiscal year.

Union Pacific Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, June 28th. Shareholders of record on Friday, May 31st will be paid a dividend of $1.30 per share. This represents a $5.20 dividend on an annualized basis and a yield of 2.11%. Union Pacific’s dividend payout ratio (DPR) is 49.62%.

Wall Street Analysts Forecast Growth

UNP has been the subject of several analyst reports. JPMorgan Chase & Co. raised their target price on Union Pacific from $237.00 to $243.00 and gave the stock a “neutral” rating in a research report on Tuesday, April 9th. UBS Group lifted their price target on Union Pacific from $235.00 to $248.00 and gave the stock a “neutral” rating in a report on Friday, January 26th. Evercore ISI upped their price objective on Union Pacific from $271.00 to $273.00 and gave the company an “outperform” rating in a research note on Friday, April 26th. Morgan Stanley raised their price objective on shares of Union Pacific from $198.00 to $210.00 and gave the stock an “equal weight” rating in a report on Friday, April 26th. Finally, Susquehanna boosted their price objective on shares of Union Pacific from $255.00 to $270.00 and gave the company a “neutral” rating in a research note on Friday, April 26th. Six analysts have rated the stock with a hold rating, fourteen have issued a buy rating and one has given a strong buy rating to the company. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $259.61.

Insider Activity at Union Pacific

In other news, President Elizabeth F. Whited sold 3,750 shares of the firm’s stock in a transaction on Thursday, February 15th. The shares were sold at an average price of $250.00, for a total value of $937,500.00. Following the sale, the president now directly owns 56,682 shares in the company, valued at approximately $14,170,500. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Company insiders own 0.26% of the company’s stock.

Union Pacific Profile

Union Pacific Corporation, through its subsidiary, Union Pacific Railroad Company, operates in the railroad business in the United States. The company offers transportation services for grain and grain products, fertilizers, food and refrigerated products, and coal and renewables to grain processors, animal feeders, ethanol producers, renewable biofuel producers, and other agricultural users; and construction products, industrial chemicals, plastics, forest products, specialized products, metals and ores, petroleum, liquid petroleum gases, soda ash, and sand, as well as finished automobiles, automotive parts, and merchandise in intermodal containers.