Oakworth Capital Inc. Acquires 318 Shares of Union Pacific Co. (NYSE:UNP)

Oakworth Capital Inc. boosted its holdings in shares of Union Pacific Co. (NYSE:UNP) by 2.9% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 11,197 shares of the railroad operator’s stock after acquiring an additional 318 shares during the quarter. Oakworth Capital Inc.’s holdings in Union Pacific were worth $2,750,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. MAS Advisors LLC bought a new position in shares of Union Pacific in the first quarter valued at approximately $233,000. Roundview Capital LLC raised its position in shares of Union Pacific by 3.8% in the first quarter. Roundview Capital LLC now owns 16,608 shares of the railroad operator’s stock valued at $4,537,000 after purchasing an additional 614 shares during the period. Dakota Wealth Management bought a new position in Union Pacific during the first quarter worth $569,000. Candriam Luxembourg S.C.A. increased its position in Union Pacific by 3.7% during the first quarter. Candriam Luxembourg S.C.A. now owns 47,144 shares of the railroad operator’s stock worth $12,880,000 after acquiring an additional 1,664 shares during the period. Finally, Mather Group LLC. increased its position in Union Pacific by 10.1% during the first quarter. Mather Group LLC. now owns 1,745 shares of the railroad operator’s stock worth $477,000 after acquiring an additional 160 shares during the period. Institutional investors own 80.38% of the company’s stock.

Insider Transactions at Union Pacific

In other news, President Elizabeth F. Whited sold 3,750 shares of the firm’s stock in a transaction that occurred on Thursday, February 15th. The shares were sold at an average price of $250.00, for a total transaction of $937,500.00. Following the completion of the transaction, the president now directly owns 56,682 shares of the company’s stock, valued at approximately $14,170,500. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Company insiders own 0.26% of the company’s stock.

Union Pacific Stock Down 0.7 %

Shares of UNP traded down $1.70 on Wednesday, hitting $229.56. The company’s stock had a trading volume of 1,230,333 shares, compared to its average volume of 2,302,013. The firm has a market capitalization of $140.05 billion, a price-to-earnings ratio of 22.11, a P/E/G ratio of 2.53 and a beta of 1.07. Union Pacific Co. has a fifty-two week low of $190.37 and a fifty-two week high of $258.66. The firm’s fifty day moving average price is $246.42 and its 200-day moving average price is $233.58. The company has a quick ratio of 0.67, a current ratio of 0.81 and a debt-to-equity ratio of 2.11.

Union Pacific (NYSE:UNP) last issued its quarterly earnings results on Thursday, January 25th. The railroad operator reported $2.71 earnings per share for the quarter, topping the consensus estimate of $2.56 by $0.15. The company had revenue of $6.16 billion during the quarter, compared to analysts’ expectations of $6.05 billion. Union Pacific had a net margin of 26.45% and a return on equity of 46.87%. The business’s quarterly revenue was down .3% on a year-over-year basis. During the same period last year, the business earned $2.67 EPS. On average, equities research analysts expect that Union Pacific Co. will post 11 EPS for the current year.

Union Pacific Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, March 29th. Stockholders of record on Thursday, February 29th were paid a dividend of $1.30 per share. The ex-dividend date of this dividend was Wednesday, February 28th. This represents a $5.20 annualized dividend and a dividend yield of 2.27%. Union Pacific’s dividend payout ratio is currently 49.71%.

Analyst Ratings Changes

A number of equities analysts recently issued reports on the stock. Susquehanna boosted their target price on shares of Union Pacific from $245.00 to $255.00 and gave the stock a “neutral” rating in a research report on Thursday, March 28th. BMO Capital Markets boosted their target price on shares of Union Pacific from $270.00 to $275.00 and gave the stock an “outperform” rating in a research report on Friday, January 26th. Benchmark boosted their target price on shares of Union Pacific from $260.00 to $266.00 and gave the stock a “buy” rating in a research report on Wednesday, April 10th. The Goldman Sachs Group lifted their price target on shares of Union Pacific from $248.00 to $274.00 and gave the stock a “buy” rating in a research note on Thursday, April 11th. Finally, JPMorgan Chase & Co. lifted their price target on shares of Union Pacific from $237.00 to $243.00 and gave the stock a “neutral” rating in a research note on Tuesday, April 9th. Eight investment analysts have rated the stock with a hold rating, thirteen have given a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $253.48.

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.