Union Pacific Co. (NYSE:UNP) Holdings Raised by CX Institutional

CX Institutional boosted its holdings in Union Pacific Co. (NYSE:UNP) by 1.4% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 15,068 shares of the railroad operator’s stock after purchasing an additional 215 shares during the quarter. CX Institutional’s holdings in Union Pacific were worth $3,409,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in UNP. Norman Fields Gottscho Capital Management LLC grew its position in shares of Union Pacific by 1.4% during the 2nd quarter. Norman Fields Gottscho Capital Management LLC now owns 36,568 shares of the railroad operator’s stock valued at $8,206,000 after buying an additional 490 shares during the last quarter. Parkside Investments LLC boosted its stake in Union Pacific by 0.5% in the second quarter. Parkside Investments LLC now owns 47,755 shares of the railroad operator’s stock valued at $10,805,000 after acquiring an additional 220 shares during the period. O Keefe Stevens Advisory Inc. raised its position in shares of Union Pacific by 4.4% during the 2nd quarter. O Keefe Stevens Advisory Inc. now owns 13,068 shares of the railroad operator’s stock worth $2,957,000 after purchasing an additional 547 shares during the period. Indiana Trust & Investment Management CO raised its position in shares of Union Pacific by 153.0% during the 2nd quarter. Indiana Trust & Investment Management CO now owns 1,700 shares of the railroad operator’s stock worth $385,000 after purchasing an additional 1,028 shares during the period. Finally, Advocate Group LLC lifted its holdings in shares of Union Pacific by 1.4% in the 2nd quarter. Advocate Group LLC now owns 33,658 shares of the railroad operator’s stock worth $7,615,000 after purchasing an additional 462 shares during the last quarter. Institutional investors own 80.38% of the company’s stock.

Insider Transactions at Union Pacific

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

Analyst Upgrades and Downgrades

UNP has been the subject of several analyst reports. Benchmark reissued a “buy” rating and set a $266.00 price target on shares of Union Pacific in a report on Monday, July 29th. Susquehanna dropped their price target on shares of Union Pacific from $270.00 to $250.00 and set a “neutral” rating on the stock in a research report on Tuesday, June 25th. Raymond James reiterated a “strong-buy” rating and issued a $280.00 price objective (up from $275.00) on shares of Union Pacific in a report on Friday, April 26th. Morgan Stanley upped their target price on Union Pacific from $198.00 to $210.00 and gave the stock an “equal weight” rating in a research report on Friday, April 26th. Finally, Barclays decreased their price target on Union Pacific from $290.00 to $280.00 and set an “overweight” rating for the company in a research note on Friday, July 26th. Seven 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 company presently has an average rating of “Moderate Buy” and a consensus price target of $258.79.

Union Pacific Stock Down 0.5 %

Shares of NYSE:UNP opened at $239.30 on Friday. The firm has a 50 day simple moving average of $231.40 and a 200 day simple moving average of $239.21. Union Pacific Co. has a 52 week low of $199.33 and a 52 week high of $258.66. The company has a debt-to-equity ratio of 1.89, a quick ratio of 0.86 and a current ratio of 1.05. The company has a market cap of $145.78 billion, a PE ratio of 22.95, a price-to-earnings-growth ratio of 2.11 and a beta of 1.06.

Union Pacific (NYSE:UNP) last issued its earnings results on Thursday, July 25th. The railroad operator reported $2.74 EPS for the quarter, topping the consensus estimate of $2.71 by $0.03. The business had revenue of $6.01 billion during the quarter, compared to analysts’ expectations of $6.05 billion. Union Pacific had a return on equity of 42.62% and a net margin of 26.90%. Union Pacific’s revenue was up .7% compared to the same quarter last year. During the same quarter last year, the firm posted $2.57 earnings per share. As a group, research analysts expect that Union Pacific Co. will post 11.12 earnings per share for the current year.

Union Pacific Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, September 30th. Stockholders of record on Friday, August 30th will be issued a $1.34 dividend. This is an increase from Union Pacific’s previous quarterly dividend of $1.30. The ex-dividend date is Friday, August 30th. This represents a $5.36 dividend on an annualized basis and a dividend yield of 2.24%. Union Pacific’s dividend payout ratio is currently 49.62%.

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.