Trust Co. of Oklahoma grew its stake in shares of Union Pacific Co. (NYSE:UNP) by 6.7% in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 13,995 shares of the railroad operator’s stock after buying an additional 876 shares during the period. Union Pacific accounts for approximately 1.1% of Trust Co. of Oklahoma’s holdings, making the stock its 25th biggest holding. Trust Co. of Oklahoma’s holdings in Union Pacific were worth $2,367,000 at the end of the most recent reporting period.
Several other hedge funds and other institutional investors also recently made changes to their positions in the company. Camarda Financial Advisors LLC lifted its holdings in shares of Union Pacific by 673.7% during the 1st quarter. Camarda Financial Advisors LLC now owns 147 shares of the railroad operator’s stock valued at $25,000 after acquiring an additional 128 shares in the last quarter. Squar Milner Financial Services LLC lifted its holdings in shares of Union Pacific by 368.6% during the 1st quarter. Squar Milner Financial Services LLC now owns 164 shares of the railroad operator’s stock valued at $27,000 after acquiring an additional 129 shares in the last quarter. Mackey Komara & Dankovich LLC acquired a new position in shares of Union Pacific during the 1st quarter valued at $29,000. Joseph P. Lucia & Associates LLC acquired a new position in shares of Union Pacific during the 1st quarter valued at $30,000. Finally, Manchester Financial Inc. acquired a new position in shares of Union Pacific during the 2nd quarter valued at $39,000. 79.32% of the stock is owned by institutional investors.
In other news, Director William J. Delaney III purchased 5,000 shares of the business’s stock in a transaction that occurred on Monday, May 20th. The stock was purchased at an average cost of $174.06 per share, with a total value of $870,300.00. Following the acquisition, the director now directly owns 5,000 shares of the company’s stock, valued at approximately $870,300. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Robert M. Knight, Jr. sold 8,620 shares of Union Pacific stock in a transaction dated Wednesday, July 31st. The shares were sold at an average price of $180.04, for a total transaction of $1,551,944.80. Following the transaction, the executive vice president now directly owns 94,943 shares of the company’s stock, valued at $17,093,537.72. The disclosure for this sale can be found here. 9.96% of the stock is currently owned by company insiders.
A number of equities analysts have commented on UNP shares. TD Securities boosted their price objective on shares of Union Pacific from $170.00 to $180.00 and gave the stock a “hold” rating in a report on Monday, April 22nd. Zacks Investment Research upgraded shares of Union Pacific from a “sell” rating to a “hold” rating and set a $184.00 target price on the stock in a research note on Monday, July 22nd. Morgan Stanley set a $140.00 target price on shares of Union Pacific and gave the company a “sell” rating in a research note on Friday, July 19th. Sanford C. Bernstein set a $177.00 target price on shares of Union Pacific and gave the company a “hold” rating in a research note on Friday, July 19th. Finally, Deutsche Bank upped their target price on shares of Union Pacific from $197.00 to $206.00 and gave the company a “buy” rating in a research note on Friday, July 19th. One research analyst has rated the stock with a sell rating, nine have issued a hold rating and fourteen have assigned a buy rating to the company’s stock. The company presently has an average rating of “Buy” and an average target price of $182.62.
Union Pacific stock traded down $6.81 during mid-day trading on Monday, reaching $166.71. The company had a trading volume of 222,938 shares, compared to its average volume of 3,452,827. The company has a current ratio of 0.72, a quick ratio of 0.58 and a debt-to-equity ratio of 1.26. Union Pacific Co. has a 52 week low of $128.08 and a 52 week high of $180.54. The stock’s 50 day simple moving average is $171.19. The stock has a market cap of $122.25 billion, a price-to-earnings ratio of 21.09, a price-to-earnings-growth ratio of 1.94 and a beta of 1.04.
Union Pacific (NYSE:UNP) last released its quarterly earnings data on Thursday, July 18th. The railroad operator reported $2.22 EPS for the quarter, topping analysts’ consensus estimates of $2.12 by $0.10. The company had revenue of $5.60 billion during the quarter, compared to the consensus estimate of $5.62 billion. Union Pacific had a net margin of 26.95% and a return on equity of 31.74%. The firm’s revenue for the quarter was down 1.3% compared to the same quarter last year. During the same period last year, the firm earned $1.98 EPS. On average, equities research analysts predict that Union Pacific Co. will post 8.96 EPS for the current year.
The firm also recently disclosed a quarterly dividend, which will be paid on Monday, September 30th. Stockholders of record on Friday, August 30th will be issued a dividend of $0.97 per share. This represents a $3.88 dividend on an annualized basis and a dividend yield of 2.33%. This is an increase from Union Pacific’s previous quarterly dividend of $0.88. The ex-dividend date of this dividend is Thursday, August 29th. Union Pacific’s dividend payout ratio (DPR) is presently 44.50%.
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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