Stock Yards Bank & Trust Co. lowered its position in shares of Union Pacific Co. (NYSE:UNP) by 1.5% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 7,389 shares of the railroad operator’s stock after selling 112 shares during the period. Stock Yards Bank & Trust Co.’s holdings in Union Pacific were worth $1,249,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also recently made changes to their positions in UNP. Norges Bank purchased a new stake in Union Pacific in the fourth quarter worth approximately $1,302,925,000. Capital International Investors boosted its holdings in Union Pacific by 301.1% in the fourth quarter. Capital International Investors now owns 7,078,817 shares of the railroad operator’s stock worth $1,279,779,000 after purchasing an additional 5,313,937 shares during the last quarter. Franklin Resources Inc. boosted its holdings in Union Pacific by 116.1% in the first quarter. Franklin Resources Inc. now owns 6,475,928 shares of the railroad operator’s stock worth $913,360,000 after purchasing an additional 3,478,627 shares during the last quarter. Wellington Management Group LLP boosted its holdings in Union Pacific by 12.9% in the first quarter. Wellington Management Group LLP now owns 24,301,544 shares of the railroad operator’s stock worth $3,427,490,000 after purchasing an additional 2,783,001 shares during the last quarter. Finally, Fisher Asset Management LLC boosted its holdings in Union Pacific by 102.7% in the first quarter. Fisher Asset Management LLC now owns 3,746,433 shares of the railroad operator’s stock worth $528,397,000 after purchasing an additional 1,897,913 shares during the last quarter. 78.93% of the stock is owned by institutional investors.

Several equities research analysts recently issued reports on UNP shares. TD Securities raised their target price on shares of Union Pacific from $135.00 to $155.00 and gave the stock a “hold” rating in a report on Friday, April 24th. Benchmark lifted their price target on shares of Union Pacific from $165.00 to $185.00 and gave the stock a “buy” rating in a research note on Thursday, June 25th. Wells Fargo & Co lifted their price target on shares of Union Pacific from $154.00 to $171.00 and gave the stock an “equal weight” rating in a research note on Friday, May 22nd. JPMorgan Chase & Co. dropped their price target on shares of Union Pacific from $193.00 to $163.00 and set a “neutral” rating on the stock in a research note on Thursday, April 9th. Finally, Deutsche Bank lifted their price target on shares of Union Pacific from $170.00 to $171.00 and gave the stock a “buy” rating in a research note on Wednesday, June 17th. One investment analyst has rated the stock with a sell rating, ten have issued a hold rating, fifteen have issued a buy rating and one has given a strong buy rating to the company. Union Pacific presently has an average rating of “Buy” and an average price target of $173.48.

Shares of UNP stock traded up $2.72 during trading hours on Tuesday, reaching $171.89. 3,013,134 shares of the stock were exchanged, compared to its average volume of 4,070,161. Union Pacific Co. has a 12-month low of $105.08 and a 12-month high of $188.96. The company has a current ratio of 0.82, a quick ratio of 0.67 and a debt-to-equity ratio of 1.65. The company’s 50-day moving average price is $169.94 and its 200-day moving average price is $164.41. The firm has a market capitalization of $112.91 billion, a price-to-earnings ratio of 19.65, a price-to-earnings-growth ratio of 2.17 and a beta of 1.06.

Union Pacific (NYSE:UNP) last released its quarterly earnings results on Thursday, April 23rd. The railroad operator reported $2.15 EPS for the quarter, topping analysts’ consensus estimates of $1.90 by $0.25. Union Pacific had a net margin of 27.85% and a return on equity of 34.15%. The firm had revenue of $5.23 billion during the quarter, compared to analysts’ expectations of $5.08 billion. During the same period in the previous year, the company earned $1.93 EPS. The firm’s revenue for the quarter was down 2.9% compared to the same quarter last year. On average, sell-side analysts expect that Union Pacific Co. will post 7.68 EPS for the current year.

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Friday, May 29th were given a $0.97 dividend. The ex-dividend date was Thursday, May 28th. This represents a $3.88 annualized dividend and a yield of 2.26%. Union Pacific’s dividend payout ratio (DPR) is 46.30%.

In other Union Pacific news, EVP Elizabeth F. Whited sold 5,000 shares of the business’s stock in a transaction dated Monday, July 6th. The shares were sold at an average price of $171.08, for a total value of $855,400.00. Following the completion of the sale, the executive vice president now directly owns 72,934 shares of the company’s stock, valued at approximately $12,477,548.72. The transaction was disclosed in a filing with the SEC, which is available through this link. 0.20% of the stock is owned by insiders.

Union Pacific Profile

Union Pacific Corporation, through its subsidiary, Union Pacific Railroad Company, engages in the railroad business in the United States. It offers transportation services for agricultural products, including grains, commodities produced from grains, fertilizers, and food and beverage products; coal and sand, as well as petroleum, liquid petroleum gases, and renewables; and construction products, industrial chemicals, plastics, forest products, specialized products, metals and ores, and soda ash, as well as intermodal and finished vehicles.

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Institutional Ownership by Quarter for Union Pacific (NYSE:UNP)

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