Union Pacific Corporation $UNP Stake Boosted by Sunflower Bank N.A.

by · The Markets Daily

Sunflower Bank N.A. grew its stake in shares of Union Pacific Corporation (NYSE:UNP – Free Report) by 1.4% during the 2nd quarter, HoldingsChannel reports. The fund owned 5,971 shares of the railroad operator’s stock after acquiring an additional 85 shares during the period. Sunflower Bank N.A.’s holdings in Union Pacific were worth $1,374,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of UNP. Pines Wealth Management LLC grew its stake in shares of Union Pacific by 1.7% during the second quarter. Pines Wealth Management LLC now owns 2,520 shares of the railroad operator’s stock valued at $595,000 after purchasing an additional 43 shares during the last quarter. Titleist Asset Management LLC grew its stake in shares of Union Pacific by 1.1% during the first quarter. Titleist Asset Management LLC now owns 4,004 shares of the railroad operator’s stock valued at $946,000 after purchasing an additional 44 shares during the last quarter. First Financial Bank Trust Division grew its stake in shares of Union Pacific by 1.7% during the first quarter. First Financial Bank Trust Division now owns 2,803 shares of the railroad operator’s stock valued at $662,000 after purchasing an additional 47 shares during the last quarter. Stiles Financial Services Inc grew its stake in shares of Union Pacific by 1.6% during the first quarter. Stiles Financial Services Inc now owns 2,963 shares of the railroad operator’s stock valued at $700,000 after purchasing an additional 48 shares during the last quarter. Finally, Avalon Trust Co grew its stake in shares of Union Pacific by 5.1% during the first quarter. Avalon Trust Co now owns 1,004 shares of the railroad operator’s stock valued at $237,000 after purchasing an additional 49 shares during the last quarter. 80.38% of the stock is currently owned by hedge funds and other institutional investors.

Union Pacific Trading Up 0.6%

Shares of NYSE:UNP opened at $217.19 on Thursday. Union Pacific Corporation has a 12 month low of $204.66 and a 12 month high of $256.84. The company has a quick ratio of 0.53, a current ratio of 0.65 and a debt-to-equity ratio of 1.86. The company’s fifty day simple moving average is $223.27 and its 200 day simple moving average is $225.45. The firm has a market cap of $128.80 billion, a price-to-earnings ratio of 18.87, a PEG ratio of 2.10 and a beta of 1.03.

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

Union Pacific Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, September 30th. Investors of record on Friday, August 29th will be issued a dividend of $1.38 per share. This represents a $5.52 annualized dividend and a dividend yield of 2.5%. The ex-dividend date of this dividend is Friday, August 29th. This is a positive change from Union Pacific’s previous quarterly dividend of $1.34. Union Pacific’s payout ratio is presently 47.96%.

Analyst Upgrades and Downgrades

UNP has been the topic of several research analyst reports. Raymond James Financial reissued a “strong-buy” rating on shares of Union Pacific in a research note on Tuesday, July 15th. Sanford C. Bernstein increased their price target on shares of Union Pacific from $271.00 to $286.00 and gave the company an “outperform” rating in a research note on Monday, July 21st. Robert W. Baird started coverage on shares of Union Pacific in a research note on Tuesday, July 1st. They issued a “neutral” rating and a $231.00 price objective on the stock. Wells Fargo & Company raised their price objective on shares of Union Pacific from $250.00 to $260.00 and gave the company an “overweight” rating in a research note on Friday, July 25th. Finally, The Goldman Sachs Group reaffirmed a “neutral” rating and issued a $263.00 price objective on shares of Union Pacific in a research note on Monday, June 2nd. One equities research analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and ten have issued a Hold rating to the company. Based on data from MarketBeat.com, Union Pacific presently has an average rating of “Moderate Buy” and a consensus price target of $259.38.

View Our Latest Research Report on UNP

Union Pacific Profile

(Free Report)

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.

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