Baker Ellis Asset Management LLC Sells 300 Shares of Union Pacific Corporation $UNP

Baker Ellis Asset Management LLC reduced its stake in Union Pacific Corporation (NYSE:UNP) by 2.7% during the second quarter, HoldingsChannel reports. The fund owned 10,688 shares of the railroad operator’s stock after selling 300 shares during the period. Baker Ellis Asset Management LLC’s holdings in Union Pacific were worth $2,459,000 as of its most recent SEC filing.

A number of other institutional investors have also recently modified their holdings of the stock. Northern Trust Corp grew its stake in shares of Union Pacific by 2.0% in the first quarter. Northern Trust Corp now owns 7,105,382 shares of the railroad operator’s stock worth $1,678,575,000 after acquiring an additional 142,732 shares during the last quarter. Price T Rowe Associates Inc. MD grew its stake in shares of Union Pacific by 5.4% in the first quarter. Price T Rowe Associates Inc. MD now owns 6,949,345 shares of the railroad operator’s stock worth $1,641,715,000 after acquiring an additional 354,463 shares during the last quarter. Royal Bank of Canada grew its stake in shares of Union Pacific by 1.7% in the first quarter. Royal Bank of Canada now owns 5,105,784 shares of the railroad operator’s stock worth $1,206,191,000 after acquiring an additional 86,292 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its stake in shares of Union Pacific by 35.2% in the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 4,968,658 shares of the railroad operator’s stock worth $1,133,053,000 after acquiring an additional 1,294,643 shares during the last quarter. Finally, Canada Pension Plan Investment Board grew its stake in shares of Union Pacific by 10.8% in the first quarter. Canada Pension Plan Investment Board now owns 4,626,200 shares of the railroad operator’s stock worth $1,092,893,000 after acquiring an additional 452,788 shares during the last quarter. 80.38% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of research analysts have recently issued reports on the company. Susquehanna lowered their price target on Union Pacific from $260.00 to $257.00 and set a “positive” rating on the stock in a report on Wednesday, July 30th. The Goldman Sachs Group reaffirmed a “neutral” rating and set a $263.00 price target on shares of Union Pacific in a report on Monday, June 2nd. Royal Bank Of Canada upped their price target on Union Pacific from $257.00 to $276.00 and gave the company an “outperform” rating in a report on Wednesday, July 30th. Evercore ISI lowered their target price on Union Pacific from $244.00 to $238.00 and set an “in-line” rating on the stock in a report on Friday, July 25th. Finally, UBS Group increased their target price on Union Pacific from $238.00 to $240.00 and gave the company a “neutral” rating in a report on Friday, July 25th. One investment analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating, ten have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $258.21.

Union Pacific Stock Down 0.6%

NYSE UNP opened at $214.73 on Monday. The stock’s 50-day moving average price is $224.46 and its 200-day moving average price is $225.79. The company has a quick ratio of 0.53, a current ratio of 0.65 and a debt-to-equity ratio of 1.86. Union Pacific Corporation has a 52 week low of $204.66 and a 52 week high of $256.84. The company has a market capitalization of $127.34 billion, a P/E ratio of 18.66, a price-to-earnings-growth ratio of 2.09 and a beta of 1.03.

Union Pacific (NYSE:UNP) last posted its quarterly earnings data on Thursday, July 24th. The railroad operator reported $3.03 EPS for the quarter, topping the consensus estimate of $2.84 by $0.19. Union Pacific had a return on equity of 41.73% and a net margin of 28.43%.The firm had revenue of $6.15 billion for the quarter, compared to the consensus estimate of $6.09 billion. During the same quarter last year, the company earned $2.74 earnings per share. The business’s revenue for the quarter was up 2.4% compared to the same quarter last year. On average, equities research analysts predict that Union Pacific Corporation will post 11.99 earnings per share for the current year.

Union Pacific Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 30th. Stockholders of record on Friday, August 29th will be paid a $1.38 dividend. This represents a $5.52 annualized dividend and a dividend yield of 2.6%. This is an increase from Union Pacific’s previous quarterly dividend of $1.34. The ex-dividend date of this dividend is Friday, August 29th. Union Pacific’s dividend payout ratio is 47.96%.

About Union Pacific

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.