Union Pacific Corporation (NYSE:UNP) Shares Purchased by Baker Boyer National Bank

Baker Boyer National Bank boosted its stake in shares of Union Pacific Corporation (NYSE:UNP) by 10.6% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 2,197 shares of the railroad operator’s stock after purchasing an additional 211 shares during the quarter. Baker Boyer National Bank’s holdings in Union Pacific were worth $519,000 as of its most recent SEC filing.

A number of other hedge funds also recently bought and sold shares of the stock. Allred Capital Management LLC boosted its stake in Union Pacific by 0.5% in the fourth quarter. Allred Capital Management LLC now owns 8,349 shares of the railroad operator’s stock valued at $1,904,000 after acquiring an additional 40 shares during the period. Palogic Value Management L.P. raised its position in shares of Union Pacific by 1.5% during the 4th quarter. Palogic Value Management L.P. now owns 2,823 shares of the railroad operator’s stock worth $644,000 after purchasing an additional 42 shares during the period. Mystic Asset Management Inc. lifted its holdings in shares of Union Pacific by 2.0% in the 4th quarter. Mystic Asset Management Inc. now owns 2,309 shares of the railroad operator’s stock worth $527,000 after purchasing an additional 45 shares during the last quarter. Strategic Investment Solutions Inc. IL boosted its position 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 valued at $39,000 after purchasing an additional 45 shares during the period. Finally, Ironwood Investment Counsel LLC grew its stake in Union Pacific by 1.3% during the 4th quarter. Ironwood Investment Counsel LLC now owns 3,458 shares of the railroad operator’s stock worth $789,000 after buying an additional 46 shares during the last quarter. Institutional investors and hedge funds own 80.38% of the company’s stock.

Analyst Ratings Changes

Several research firms have recently commented on UNP. UBS Group lowered their price target on shares of Union Pacific from $255.00 to $245.00 and set a “neutral” rating for the company in a research report on Wednesday, April 2nd. Robert W. Baird assumed coverage on Union Pacific in a report on Tuesday. They issued a “neutral” rating and a $231.00 price objective for the company. Stifel Nicolaus decreased their price target on Union Pacific from $270.00 to $248.00 and set a “buy” rating for the company in a research note on Monday, April 14th. Bank of America raised their price target on Union Pacific from $256.00 to $262.00 and gave the company a “buy” rating in a report on Friday, May 16th. Finally, Susquehanna upgraded shares of Union Pacific from a “neutral” rating to a “positive” rating and increased their target price for the company from $245.00 to $260.00 in a research report on Tuesday, June 24th. One equities research analyst has rated the stock with a sell rating, eight have assigned a hold rating, fifteen have given a buy rating and two have given a strong buy rating to the stock. According to MarketBeat, Union Pacific currently has an average rating of “Moderate Buy” and a consensus price target of $256.91.

Union Pacific Stock Performance

Shares of NYSE UNP opened at $236.45 on Friday. The stock’s fifty day simple moving average is $223.53 and its 200 day simple moving average is $230.75. The stock has a market capitalization of $141.27 billion, a price-to-earnings ratio of 21.30, a PEG ratio of 2.38 and a beta of 1.05. The company has a quick ratio of 0.61, a current ratio of 0.73 and a debt-to-equity ratio of 1.91. Union Pacific Corporation has a 52-week low of $204.66 and a 52-week high of $258.07.

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

Union Pacific Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, June 30th. Investors of record on Friday, May 30th were issued a dividend of $1.34 per share. The ex-dividend date was Friday, May 30th. This represents a $5.36 annualized dividend and a dividend yield of 2.27%. Union Pacific’s dividend payout ratio is 48.29%.

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.