OLD Second National Bank of Aurora Reduces Holdings in Union Pacific Corporation (NYSE:UNP)

OLD Second National Bank of Aurora lowered its position in shares of Union Pacific Corporation (NYSE:UNP) by 17.5% during the first quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 700 shares of the railroad operator’s stock after selling 148 shares during the period. OLD Second National Bank of Aurora’s holdings in Union Pacific were worth $165,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also made changes to their positions in UNP. Highline Wealth Partners LLC lifted its stake in Union Pacific by 103.5% in the first quarter. Highline Wealth Partners LLC now owns 116 shares of the railroad operator’s stock valued at $27,000 after buying an additional 59 shares during the last quarter. EnRich Financial Partners LLC purchased a new stake in Union Pacific in the 4th quarter valued at $31,000. Strategic Investment Solutions Inc. IL boosted its stake in Union Pacific by 38.8% during the 4th quarter. Strategic Investment Solutions Inc. IL now owns 161 shares of the railroad operator’s stock worth $39,000 after purchasing an additional 45 shares during the period. Centricity Wealth Management LLC purchased a new position in Union Pacific during the 4th quarter worth $51,000. Finally, Midwest Capital Advisors LLC acquired a new position in Union Pacific in the fourth quarter valued at $54,000. 80.38% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several brokerages have recently weighed in on UNP. Argus upgraded shares of Union Pacific to a “strong-buy” rating in a research note on Friday, May 16th. Barclays decreased their price objective on Union Pacific from $285.00 to $260.00 and set an “overweight” rating for the company in a research report on Friday, April 25th. Stifel Nicolaus dropped their target price on Union Pacific from $270.00 to $248.00 and set a “buy” rating on the stock in a report on Monday, April 14th. Raymond James Financial restated a “strong-buy” rating on shares of Union Pacific in a research note on Friday, April 25th. Finally, Redburn Atlantic upgraded shares of Union Pacific from a “neutral” rating to a “buy” rating and set a $259.00 price objective on the stock in a research report on Wednesday, April 16th. One research analyst has rated the stock with a sell rating, seven have assigned a hold rating, fifteen have given a buy rating and two have issued a strong buy rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $257.74.

Union Pacific Trading Up 0.6%

Shares of UNP stock opened at $221.85 on Friday. Union Pacific Corporation has a fifty-two week low of $204.66 and a fifty-two week high of $258.07. The company has a quick ratio of 0.61, a current ratio of 0.73 and a debt-to-equity ratio of 1.91. The business has a fifty day simple moving average of $221.18 and a 200-day simple moving average of $231.04. The stock has a market cap of $132.55 billion, a P/E ratio of 19.99, a P/E/G ratio of 2.23 and a beta of 1.05.

Union Pacific (NYSE:UNP) last announced its earnings results on Thursday, April 24th. The railroad operator reported $2.70 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.73 by ($0.03). Union Pacific had a return on equity of 40.80% and a net margin of 27.76%. The business had revenue of $6.03 billion for the quarter, compared to analyst estimates of $6.11 billion. During the same quarter in the previous year, the firm posted $2.69 EPS. The business’s revenue was down .1% on a year-over-year basis. On average, analysts forecast that Union Pacific Corporation will post 11.99 earnings per share for the current fiscal year.

Union Pacific Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, June 30th. Shareholders of record on Friday, May 30th will be issued a dividend of $1.34 per share. This represents a $5.36 dividend on an annualized basis and a yield of 2.42%. The ex-dividend date of this dividend is Friday, May 30th. Union Pacific’s dividend payout ratio (DPR) is presently 48.29%.

Union Pacific Company 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.