Sunflower Bank NA Wealth Management cut its holdings in shares of Union Pacific Co. (NYSE:UNP) by 9.6% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 4,920 shares of the railroad operator’s stock after selling 525 shares during the quarter. Sunflower Bank NA Wealth Management’s holdings in Union Pacific were worth $969,000 as of its most recent SEC filing.

A number of other large investors have also bought and sold shares of UNP. BlackRock Inc. raised its holdings in Union Pacific by 5.5% during the second quarter. BlackRock Inc. now owns 49,108,837 shares of the railroad operator’s stock valued at $8,302,833,000 after acquiring an additional 2,558,794 shares during the period. FMR LLC raised its holdings in Union Pacific by 9.0% during the second quarter. FMR LLC now owns 9,885,795 shares of the railroad operator’s stock valued at $1,671,391,000 after acquiring an additional 816,580 shares during the period. Standard Life Aberdeen plc raised its holdings in Union Pacific by 173.0% during the third quarter. Standard Life Aberdeen plc now owns 1,242,983 shares of the railroad operator’s stock valued at $244,706,000 after acquiring an additional 787,737 shares during the period. Jennison Associates LLC grew its position in shares of Union Pacific by 16.6% during the second quarter. Jennison Associates LLC now owns 4,745,321 shares of the railroad operator’s stock valued at $802,291,000 after purchasing an additional 674,848 shares in the last quarter. Finally, Bank of New York Mellon Corp grew its position in shares of Union Pacific by 8.2% during the second quarter. Bank of New York Mellon Corp now owns 7,865,603 shares of the railroad operator’s stock valued at $1,329,835,000 after purchasing an additional 597,606 shares in the last quarter. 78.16% of the stock is currently owned by institutional investors and hedge funds.

Shares of NYSE:UNP traded up $1.00 during trading hours on Friday, hitting $188.14. 3,897,066 shares of the company’s stock traded hands, compared to its average volume of 2,414,674. Union Pacific Co. has a 1 year low of $105.08 and a 1 year high of $210.95. The business has a fifty day moving average price of $199.04 and a 200-day moving average price of $176.92. The firm has a market capitalization of $127.72 billion, a P/E ratio of 23.34, a price-to-earnings-growth ratio of 2.59 and a beta of 1.02. The company has a debt-to-equity ratio of 1.61, a current ratio of 0.96 and a quick ratio of 0.84.

Union Pacific (NYSE:UNP) last announced its earnings results on Thursday, October 22nd. The railroad operator reported $2.01 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $2.06 by ($0.05). Union Pacific had a net margin of 27.54% and a return on equity of 32.45%. The business had revenue of $4.92 billion for the quarter, compared to analysts’ expectations of $4.97 billion. During the same quarter last year, the firm earned $2.22 EPS. The firm’s quarterly revenue was down 10.8% on a year-over-year basis. As a group, equities analysts predict that Union Pacific Co. will post 7.93 earnings per share for the current year.

The business also recently declared a quarterly dividend, which was paid on Wednesday, September 30th. Stockholders of record on Monday, August 31st were paid a dividend of $0.97 per share. This represents a $3.88 annualized dividend and a dividend yield of 2.06%. The ex-dividend date of this dividend was Friday, August 28th. Union Pacific’s dividend payout ratio is presently 46.30%.

In other news, CFO Jennifer L. Hamann sold 1,000 shares of Union Pacific stock in a transaction that occurred on Thursday, September 10th. The shares were sold at an average price of $193.79, for a total transaction of $193,790.00. Following the completion of the sale, the chief financial officer now owns 74,648 shares of the company’s stock, valued at $14,466,035.92. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, VP Todd M. Rynaski sold 1,500 shares of Union Pacific stock in a transaction that occurred on Friday, August 21st. The shares were sold at an average price of $190.46, for a total transaction of $285,690.00. Following the sale, the vice president now directly owns 10,550 shares of the company’s stock, valued at approximately $2,009,353. The disclosure for this sale can be found here. Insiders have sold 7,876 shares of company stock valued at $1,530,542 in the last ninety days. Insiders own 0.20% of the company’s stock.

A number of research analysts have recently weighed in on UNP shares. Argus raised their price objective on Union Pacific from $175.00 to $200.00 and gave the company a “buy” rating in a research report on Friday, July 24th. Goldman Sachs Group raised their price objective on Union Pacific from $182.00 to $205.00 and gave the company a “buy” rating in a research report on Tuesday, September 1st. Bank of America raised their price objective on Union Pacific from $198.00 to $220.00 and gave the company a “buy” rating in a research report on Wednesday, September 30th. Barclays raised their price objective on Union Pacific from $165.00 to $170.00 and gave the company an “equal weight” rating in a research report on Friday, July 24th. Finally, Robert W. Baird upgraded Union Pacific from a “neutral” rating to an “outperform” rating and set a $220.00 price objective for the company in a research report on Monday, August 17th. One analyst has rated the stock with a sell rating, seven have issued a hold rating, sixteen have assigned a buy rating and one has issued a strong buy rating to the company. Union Pacific currently has a consensus rating of “Buy” and an average price target of $184.63.

About Union Pacific

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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