Community Bank N.A. Sells 541 Shares of Union Pacific Corporation $UNP

Community Bank N.A. trimmed its holdings in shares of Union Pacific Corporation (NYSE:UNP) by 6.4% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 7,850 shares of the railroad operator’s stock after selling 541 shares during the quarter. Community Bank N.A.’s holdings in Union Pacific were worth $1,806,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also made changes to their positions in the business. Highline Wealth Partners LLC increased its stake in shares of Union Pacific by 103.5% during the first quarter. Highline Wealth Partners LLC now owns 116 shares of the railroad operator’s stock valued at $27,000 after buying an additional 59 shares during the period. CBIZ Investment Advisory Services LLC increased its stake in shares of Union Pacific by 1,400.0% during the first quarter. CBIZ Investment Advisory Services LLC now owns 120 shares of the railroad operator’s stock valued at $28,000 after buying an additional 112 shares during the period. Financial Gravity Asset Management Inc. purchased a new position in shares of Union Pacific during the first quarter valued at $32,000. WPG Advisers LLC purchased a new position in shares of Union Pacific during the first quarter valued at $33,000. Finally, Cornerstone Planning Group LLC increased its stake in shares of Union Pacific by 50.5% during the first quarter. Cornerstone Planning Group LLC now owns 167 shares of the railroad operator’s stock valued at $37,000 after buying an additional 56 shares during the period. 80.38% of the stock is currently owned by institutional investors.

Union Pacific Price Performance

Shares of NYSE UNP opened at $225.81 on Tuesday. The company has a debt-to-equity ratio of 1.86, a quick ratio of 0.53 and a current ratio of 0.65. The company has a market cap of $133.93 billion, a PE ratio of 19.62, a P/E/G ratio of 2.34 and a beta of 1.07. The business has a 50-day simple moving average of $224.52 and a two-hundred day simple moving average of $224.25. Union Pacific Corporation has a fifty-two week low of $204.66 and a fifty-two week high of $256.84.

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

Union Pacific Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, September 30th. Shareholders of record on Friday, August 29th were issued a $1.38 dividend. This is a boost from Union Pacific’s previous quarterly dividend of $1.34. This represents a $5.52 annualized dividend and a yield of 2.4%. The ex-dividend date of this dividend was Friday, August 29th. Union Pacific’s dividend payout ratio is 47.96%.

Analyst Upgrades and Downgrades

Several brokerages have recently commented on UNP. Morgan Stanley cut their price target on Union Pacific from $220.00 to $215.00 and set an “equal weight” rating on the stock in a research note on Monday, July 7th. Evercore ISI cut their price target on Union Pacific from $244.00 to $238.00 and set an “in-line” rating on the stock in a research note on Friday, July 25th. Raymond James Financial restated a “strong-buy” rating on shares of Union Pacific in a research note on Tuesday, July 15th. Robert W. Baird began coverage on Union Pacific in a research report on Tuesday, July 1st. They set a “neutral” rating and a $231.00 price objective on the stock. Finally, Argus downgraded Union Pacific from a “buy” rating to a “hold” rating in a research report on Tuesday, August 12th. One analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and eleven have given a Hold rating to the company’s stock. According to data from MarketBeat.com, Union Pacific has a consensus rating of “Moderate Buy” and an average price target of $261.58.

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.