Trust Co. of Oklahoma Acquires 23,431 Shares of Union Pacific Corporation $UNP

Trust Co. of Oklahoma raised its holdings in shares of Union Pacific Corporation (NYSE:UNP) by 286.2% in the 1st quarter, HoldingsChannel.com reports. The institutional investor owned 31,617 shares of the railroad operator’s stock after acquiring an additional 23,431 shares during the period. Union Pacific comprises about 2.2% of Trust Co. of Oklahoma’s portfolio, making the stock its 12th largest holding. Trust Co. of Oklahoma’s holdings in Union Pacific were worth $7,671,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of UNP. Rehmann Capital Advisory Group lifted its stake in shares of Union Pacific by 0.6% in the 4th quarter. Rehmann Capital Advisory Group now owns 6,637 shares of the railroad operator’s stock valued at $1,535,000 after acquiring an additional 42 shares during the last quarter. Rosenblum Silverman Sutton S F Inc. CA grew its position in Union Pacific by 3.7% during the 4th quarter. Rosenblum Silverman Sutton S F Inc. CA now owns 1,221 shares of the railroad operator’s stock worth $282,000 after acquiring an additional 43 shares during the last quarter. Stephens Consulting LLC grew its position in Union Pacific by 48.4% during the 4th quarter. Stephens Consulting LLC now owns 135 shares of the railroad operator’s stock worth $31,000 after acquiring an additional 44 shares during the last quarter. Macroview Investment Management LLC increased its stake in Union Pacific by 3.4% in the 4th quarter. Macroview Investment Management LLC now owns 1,349 shares of the railroad operator’s stock worth $312,000 after purchasing an additional 44 shares during the period. Finally, Claro Advisors Inc. increased its stake in Union Pacific by 3.7% in the 4th quarter. Claro Advisors Inc. now owns 1,220 shares of the railroad operator’s stock worth $282,000 after purchasing an additional 44 shares during the period. 80.38% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

A number of analysts have recently weighed in on UNP shares. Robert W. Baird set a $311.00 price objective on Union Pacific and gave the company an “outperform” rating in a research note on Friday, March 6th. TD Cowen lifted their target price on shares of Union Pacific from $256.00 to $282.00 and gave the stock a “buy” rating in a research note on Friday, April 24th. BMO Capital Markets reiterated a “market perform” rating and set a $285.00 price target (up from $278.00) on shares of Union Pacific in a report on Friday, April 24th. Susquehanna reiterated a “positive” rating and set a $305.00 price target on shares of Union Pacific in a report on Friday, June 5th. Finally, UBS Group reissued a “neutral” rating and set a $274.00 price target (up from $253.00) on shares of Union Pacific in a research report on Friday, April 24th. One equities research analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and eight have issued a Hold rating to the stock. Based on data from MarketBeat.com, Union Pacific currently has an average rating of “Moderate Buy” and a consensus target price of $282.21.

Union Pacific Stock Up 0.6%

Shares of NYSE:UNP opened at $260.07 on Thursday. The stock’s 50-day moving average is $264.31 and its 200 day moving average is $250.45. The company has a market cap of $154.41 billion, a PE ratio of 21.42, a P/E/G ratio of 2.74 and a beta of 0.97. The company has a debt-to-equity ratio of 1.53, a current ratio of 0.92 and a quick ratio of 0.73. Union Pacific Corporation has a 1 year low of $210.84 and a 1 year high of $279.70.

Union Pacific (NYSE:UNP) last released its quarterly earnings data on Thursday, April 23rd. The railroad operator reported $2.93 earnings per share for the quarter, topping the consensus estimate of $2.86 by $0.07. The business had revenue of $6.22 billion during the quarter, compared to analysts’ expectations of $6.12 billion. Union Pacific had a return on equity of 39.58% and a net margin of 29.20%.The business’s revenue was up 3.2% on a year-over-year basis. During the same quarter last year, the business posted $2.70 EPS. Sell-side analysts anticipate that Union Pacific Corporation will post 12.55 EPS for the current year.

Union Pacific Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, June 30th. Investors of record on Friday, May 29th will be issued a dividend of $1.38 per share. This represents a $5.52 dividend on an annualized basis and a dividend yield of 2.1%. The ex-dividend date is Friday, May 29th. Union Pacific’s dividend payout ratio is currently 45.47%.

Insider Buying and Selling

In other Union Pacific news, EVP Eric J. Gehringer sold 2,991 shares of the business’s stock in a transaction on Wednesday, June 3rd. The shares were sold at an average price of $263.96, for a total transaction of $789,504.36. Following the transaction, the executive vice president directly owned 43,012 shares of the company’s stock, valued at approximately $11,353,447.52. The trade was a 6.50% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CFO Jennifer L. Hamann sold 2,000 shares of the business’s stock in a transaction on Friday, April 24th. The shares were sold at an average price of $274.70, for a total transaction of $549,400.00. Following the transaction, the chief financial officer directly owned 114,642 shares in the company, valued at approximately $31,492,157.40. The trade was a 1.71% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 32,378 shares of company stock valued at $8,781,595 over the last quarter. 0.22% of the stock is owned by company insiders.

Union Pacific Company Profile

Union Pacific Corporation (NYSE: UNP) is one of the largest freight railroad companies in the United States. Its principal operating subsidiary, Union Pacific Railroad, has roots that trace back to the Pacific Railway Act of 1862 and the construction of the first transcontinental rail link completed in 1869. The company is headquartered in Omaha, Nebraska, and operates as a holding company for rail transportation and related services.

Union Pacific’s core business is the movement of freight by rail across an extensive rail network serving the western two‑thirds of the United States.