Bokf Na Decreases Position in Union Pacific Co. (NYSE:UNP)

Bokf Na lowered its position in Union Pacific Co. (NYSE:UNP) by 6.1% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 87,668 shares of the railroad operator’s stock after selling 5,656 shares during the quarter. Bokf Na’s holdings in Union Pacific were worth $19,836,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. 9258 Wealth Management LLC grew its position in shares of Union Pacific by 2.1% in the fourth quarter. 9258 Wealth Management LLC now owns 3,124 shares of the railroad operator’s stock valued at $767,000 after purchasing an additional 65 shares during the last quarter. Gryphon Financial Partners LLC grew its holdings in Union Pacific by 86.8% during the 4th quarter. Gryphon Financial Partners LLC now owns 2,589 shares of the railroad operator’s stock valued at $594,000 after buying an additional 1,203 shares during the last quarter. Jump Financial LLC purchased a new position in Union Pacific during the fourth quarter worth $518,000. Avantax Advisory Services Inc. raised its holdings in shares of Union Pacific by 32.7% in the fourth quarter. Avantax Advisory Services Inc. now owns 23,106 shares of the railroad operator’s stock worth $5,675,000 after acquiring an additional 5,694 shares during the last quarter. Finally, Foundations Investment Advisors LLC lifted its position in shares of Union Pacific by 20.9% in the fourth quarter. Foundations Investment Advisors LLC now owns 2,555 shares of the railroad operator’s stock valued at $637,000 after acquiring an additional 441 shares in the last quarter. Institutional investors and hedge funds own 80.38% of the company’s stock.

Union Pacific Price Performance

UNP opened at $247.47 on Thursday. Union Pacific Co. has a 52-week low of $199.33 and a 52-week high of $258.66. The company has a 50 day moving average of $242.06 and a two-hundred day moving average of $239.24. The company has a market cap of $150.99 billion, a P/E ratio of 23.61, a P/E/G ratio of 2.21 and a beta of 1.05. The company has a quick ratio of 0.86, a current ratio of 1.05 and a debt-to-equity ratio of 1.89.

Union Pacific (NYSE:UNP) last announced its quarterly earnings results on Thursday, July 25th. The railroad operator reported $2.74 earnings per share for the quarter, topping analysts’ consensus estimates of $2.71 by $0.03. Union Pacific had a net margin of 26.90% and a return on equity of 42.62%. The firm had revenue of $6.01 billion during the quarter, compared to analysts’ expectations of $6.05 billion. During the same period in the prior year, the company earned $2.57 EPS. The firm’s revenue was up .7% on a year-over-year basis. On average, analysts expect that Union Pacific Co. will post 11.11 earnings per share for the current year.

Union Pacific Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, September 30th. Investors of record on Friday, August 30th will be issued a dividend of $1.34 per share. This is an increase from Union Pacific’s previous quarterly dividend of $1.30. This represents a $5.36 annualized dividend and a dividend yield of 2.17%. The ex-dividend date of this dividend is Friday, August 30th. Union Pacific’s dividend payout ratio (DPR) is presently 51.15%.

Analysts Set New Price Targets

A number of analysts recently commented on UNP shares. Susquehanna dropped their price objective on Union Pacific from $270.00 to $250.00 and set a “neutral” rating for the company in a research report on Tuesday, June 25th. Stifel Nicolaus decreased their target price on shares of Union Pacific from $267.00 to $265.00 and set a “buy” rating on the stock in a research report on Wednesday, July 17th. Loop Capital downgraded Union Pacific from a “buy” rating to a “hold” rating and cut their price target for the company from $276.00 to $238.00 in a report on Monday, June 17th. Daiwa America cut Union Pacific from a “moderate buy” rating to a “hold” rating in a report on Wednesday, September 4th. Finally, Sanford C. Bernstein lowered their price objective on Union Pacific from $290.00 to $273.00 and set an “outperform” rating for the company in a research report on Monday, July 8th. Eight equities research analysts have rated the stock with a hold rating, twelve have assigned a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $258.79.

Insider Buying and Selling

In other Union Pacific news, President Elizabeth F. Whited sold 3,552 shares of the stock in a transaction that occurred on Tuesday, July 30th. The shares were sold at an average price of $246.59, for a total value of $875,887.68. Following the completion of the sale, the president now owns 64,945 shares of the company’s stock, valued at $16,014,787.55. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 0.28% of the stock is currently owned by corporate insiders.

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.