Trust Co. of Oklahoma Purchases 94 Shares of Union Pacific Corporation $UNP

Trust Co. of Oklahoma grew its position in Union Pacific Corporation (NYSE:UNP) by 1.1% in the 2nd quarter, Holdings Channel.com reports. The institutional investor owned 8,662 shares of the railroad operator’s stock after purchasing an additional 94 shares during the quarter. Trust Co. of Oklahoma’s holdings in Union Pacific were worth $1,993,000 as of its most recent SEC filing.

Several other institutional investors have also recently 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 worth $27,000 after acquiring an additional 59 shares during the period. CBIZ Investment Advisory Services LLC raised its holdings in shares of Union Pacific by 1,400.0% in the 1st quarter. CBIZ Investment Advisory Services LLC now owns 120 shares of the railroad operator’s stock valued at $28,000 after purchasing an additional 112 shares in the last quarter. Financial Gravity Asset Management Inc. bought a new stake in shares of Union Pacific in the 1st quarter valued at about $32,000. WPG Advisers LLC purchased a new stake in shares of Union Pacific in the 1st quarter worth approximately $33,000. Finally, Cornerstone Planning Group LLC boosted its stake in shares of Union Pacific by 50.5% during the first quarter. Cornerstone Planning Group LLC now owns 167 shares of the railroad operator’s stock valued at $37,000 after purchasing an additional 56 shares in the last quarter. Hedge funds and other institutional investors own 80.38% of the company’s stock.

Analyst Upgrades and Downgrades

UNP has been the subject of a number of recent research reports. Raymond James Financial reissued a “strong-buy” rating on shares of Union Pacific in a research note on Tuesday, July 15th. Morgan Stanley cut their price target on Union Pacific from $220.00 to $215.00 and set an “equal weight” rating on the stock in a report on Monday, July 7th. Baird R W upgraded Union Pacific to a “hold” rating in a research note on Tuesday, July 1st. Royal Bank Of Canada raised their price objective on Union Pacific from $257.00 to $276.00 and gave the company an “outperform” rating in a research report on Wednesday, July 30th. Finally, Argus lowered Union Pacific from a “buy” rating to a “hold” rating in a research note on Tuesday, August 12th. One investment analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating, ten have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $258.21.

Union Pacific Stock Performance

Shares of UNP opened at $214.73 on Friday. The company has a current ratio of 0.65, a quick ratio of 0.53 and a debt-to-equity ratio of 1.86. The firm has a market cap of $127.34 billion, a PE ratio of 18.66, a P/E/G ratio of 2.10 and a beta of 1.03. Union Pacific Corporation has a 12 month low of $204.66 and a 12 month high of $256.84. The stock has a fifty day moving average price of $224.46 and a 200-day moving average price of $225.92.

Union Pacific (NYSE:UNP) last announced its earnings results on Thursday, July 24th. The railroad operator reported $3.03 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.84 by $0.19. Union Pacific had a return on equity of 41.73% and a net margin of 28.43%.The company had revenue of $6.15 billion for the quarter, compared to analyst estimates of $6.09 billion. During the same period in the prior year, the company posted $2.74 EPS. The firm’s quarterly revenue was up 2.4% compared to the same quarter last year. Equities research analysts predict that Union Pacific Corporation will post 11.99 earnings per share for the current fiscal year.

Union Pacific Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 30th. Investors of record on Friday, August 29th will be given a $1.38 dividend. This represents a $5.52 annualized dividend and a dividend yield of 2.6%. The ex-dividend date of this dividend is Friday, August 29th. This is an increase from Union Pacific’s previous quarterly dividend of $1.34. Union Pacific’s payout ratio is 47.96%.

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.