Bokf Na Reduces Stock Holdings in Union Pacific Corporation $UNP

Bokf Na decreased its stake in Union Pacific Corporation (NYSE:UNP) by 9.2% in the fourth quarter, Holdings Channel.com reports. The firm owned 78,464 shares of the railroad operator’s stock after selling 7,922 shares during the period. Bokf Na’s holdings in Union Pacific were worth $18,150,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Rachor Investment Advisory Services LLC purchased a new position in shares of Union Pacific in the 4th quarter worth approximately $25,000. High Point Wealth Management LLC purchased a new position in shares of Union Pacific in the 4th quarter worth approximately $26,000. Caitlin John LLC purchased a new position in shares of Union Pacific in the 3rd quarter worth approximately $27,000. Saranac Partners Ltd purchased a new position in shares of Union Pacific in the 3rd quarter worth approximately $27,000. Finally, Stephens Consulting LLC lifted its stake in shares of 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. Hedge funds and other institutional investors own 80.38% of the company’s stock.

Union Pacific Price Performance

UNP opened at $264.04 on Wednesday. The business has a fifty day moving average of $252.13 and a 200 day moving average of $239.78. Union Pacific Corporation has a 52-week low of $210.84 and a 52-week high of $274.79. The company has a quick ratio of 0.73, a current ratio of 0.92 and a debt-to-equity ratio of 1.53. The stock has a market cap of $156.76 billion, a P/E ratio of 21.75, a PEG ratio of 2.80 and a beta of 0.99.

Union Pacific (NYSE:UNP) last issued its earnings results on Thursday, April 23rd. The railroad operator reported $2.93 earnings per share for the quarter, beating analysts’ consensus estimates of $2.86 by $0.07. The business had revenue of $6.22 billion during the quarter, compared to analyst estimates of $6.12 billion. Union Pacific had a return on equity of 39.58% and a net margin of 29.20%.Union Pacific’s revenue was up 3.2% on a year-over-year basis. During the same period in the previous year, the company posted $2.70 EPS. As a group, sell-side analysts anticipate that Union Pacific Corporation will post 12.53 EPS for the current year.

Union Pacific Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, March 31st. Shareholders of record on Friday, February 27th were given a dividend of $1.38 per share. The ex-dividend date of this dividend was Friday, February 27th. This represents a $5.52 dividend on an annualized basis and a yield of 2.1%. Union Pacific’s payout ratio is 45.47%.

Analysts Set New Price Targets

A number of research firms recently issued reports on UNP. JPMorgan Chase & Co. boosted their price objective on Union Pacific from $267.00 to $275.00 and gave the company a “neutral” rating in a report on Friday, April 24th. Weiss Ratings upgraded Union Pacific from a “buy (b-)” rating to a “buy (b)” rating in a report on Tuesday, April 21st. Susquehanna restated a “buy” rating on shares of Union Pacific in a report on Monday, January 19th. Raymond James Financial set a $310.00 price objective on Union Pacific in a report on Friday, April 24th. Finally, The Goldman Sachs Group restated a “neutral” rating and set a $267.00 price objective on shares of Union Pacific in a report on Tuesday, January 27th. One analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and eight have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, Union Pacific currently has a consensus rating of “Moderate Buy” and an average target price of $279.55.

Insider Buying and Selling at Union Pacific

In other Union Pacific news, EVP Eric J. Gehringer sold 1,999 shares of Union Pacific stock in a transaction on Friday, March 20th. The stock was sold at an average price of $234.93, for a total transaction of $469,625.07. 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 Union Pacific stock in a transaction on Friday, April 24th. The shares were sold at an average price of $274.70, for a total value of $549,400.00. Following the sale, the chief financial officer directly owned 114,642 shares of the company’s stock, valued at approximately $31,492,157.40. This trade represents a 1.71% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 31,386 shares of company stock valued at $8,461,716 in the last ninety days. Corporate insiders own 0.22% of the company’s stock.

Union Pacific 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.