Union Pacific Corporation $UNP Shares Sold by Country Club Bank

Country Club Bank trimmed its position in Union Pacific Corporation (NYSE:UNP) by 28.1% during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 15,614 shares of the railroad operator’s stock after selling 6,106 shares during the quarter. Country Club Bank’s holdings in Union Pacific were worth $3,613,000 at the end of the most recent quarter.

Other institutional investors have also modified their holdings of the company. Seamount Financial Group Inc. raised its holdings in Union Pacific by 120.7% in the second quarter. Seamount Financial Group Inc. now owns 3,991 shares of the railroad operator’s stock valued at $918,000 after buying an additional 2,183 shares during the period. SteelPeak Wealth LLC increased its position in shares of Union Pacific by 5.8% in the second quarter. SteelPeak Wealth LLC now owns 2,287 shares of the railroad operator’s stock worth $526,000 after acquiring an additional 125 shares in the last quarter. Drake & Associates LLC raised its stake in shares of Union Pacific by 9.9% in the 2nd quarter. Drake & Associates LLC now owns 1,046 shares of the railroad operator’s stock valued at $241,000 after acquiring an additional 94 shares during the period. Heck Capital Advisors LLC lifted its holdings in shares of Union Pacific by 7.8% during the 2nd quarter. Heck Capital Advisors LLC now owns 2,245 shares of the railroad operator’s stock valued at $517,000 after acquiring an additional 163 shares in the last quarter. Finally, Motiv8 Investments LLC boosted its position in Union Pacific by 10.6% during the 2nd quarter. Motiv8 Investments LLC now owns 5,291 shares of the railroad operator’s stock worth $1,217,000 after purchasing an additional 507 shares during the period. Hedge funds and other institutional investors own 80.38% of the company’s stock.

Union Pacific Trading Up 0.2%

NYSE UNP opened at $237.33 on Tuesday. The company has a market capitalization of $140.77 billion, a price-to-earnings ratio of 20.62, a price-to-earnings-growth ratio of 2.47 and a beta of 1.07. The company has a debt-to-equity ratio of 1.86, a current ratio of 0.65 and a quick ratio of 0.53. Union Pacific Corporation has a 12 month low of $204.66 and a 12 month high of $256.84. The company’s fifty day moving average price is $223.83 and its two-hundred day moving average price is $224.46.

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

Union Pacific Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, September 30th. Shareholders of record on Friday, August 29th were issued a dividend of $1.38 per share. The ex-dividend date of this dividend was Friday, August 29th. This represents a $5.52 dividend on an annualized basis and a yield of 2.3%. This is a boost from Union Pacific’s previous quarterly dividend of $1.34. Union Pacific’s dividend payout ratio (DPR) is 47.96%.

Analysts Set New Price Targets

Several research firms have commented on UNP. Weiss Ratings reissued a “hold (c+)” rating on shares of Union Pacific in a research report on Saturday, September 27th. UBS Group set a $253.00 price target on Union Pacific and gave the stock a “neutral” rating in a research report on Friday. Robert W. Baird initiated coverage on shares of Union Pacific in a research report on Tuesday, July 1st. They set a “neutral” rating and a $231.00 target price on the stock. Evercore ISI lowered their price target on shares of Union Pacific from $244.00 to $238.00 and set an “in-line” rating for the company in a report on Friday, July 25th. Finally, Sanford C. Bernstein lifted their price target on shares of Union Pacific from $271.00 to $286.00 and gave the stock an “outperform” rating in a research note on Monday, July 21st. One analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and eleven have issued a Hold rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $260.54.

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.