Trust Co. of Oklahoma Has $2.09 Million Stake in Union Pacific Co. (NYSE:UNP)

Trust Co. of Oklahoma trimmed its position in shares of Union Pacific Co. (NYSE:UNP) by 3.8% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 8,480 shares of the railroad operator’s stock after selling 334 shares during the quarter. Trust Co. of Oklahoma’s holdings in Union Pacific were worth $2,090,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. Boomfish Wealth Group LLC lifted its holdings in Union Pacific by 2.2% in the 3rd quarter. Boomfish Wealth Group LLC now owns 6,218 shares of the railroad operator’s stock worth $1,533,000 after purchasing an additional 135 shares during the last quarter. Creative Planning increased its position in Union Pacific by 6.7% in the 3rd quarter. Creative Planning now owns 258,290 shares of the railroad operator’s stock worth $62,439,000 after buying an additional 16,272 shares during the period. CX Institutional increased its position in Union Pacific by 165.4% in the 3rd quarter. CX Institutional now owns 39,995 shares of the railroad operator’s stock worth $9,858,000 after buying an additional 24,927 shares during the period. Sivia Capital Partners LLC increased its position in Union Pacific by 9.5% in the 3rd quarter. Sivia Capital Partners LLC now owns 1,633 shares of the railroad operator’s stock worth $403,000 after buying an additional 142 shares during the period. Finally, Grove Bank & Trust increased its position in Union Pacific by 5.1% in the 3rd quarter. Grove Bank & Trust now owns 3,459 shares of the railroad operator’s stock worth $853,000 after buying an additional 167 shares during the period. 80.38% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several research analysts have commented on UNP shares. Stifel Nicolaus dropped their price target on Union Pacific from $267.00 to $265.00 and set a “buy” rating on the stock in a research report on Wednesday, July 17th. BMO Capital Markets lowered their price objective on Union Pacific from $280.00 to $275.00 and set an “outperform” rating on the stock in a research report on Friday, September 20th. Susquehanna boosted their price objective on Union Pacific from $250.00 to $260.00 and gave the company a “neutral” rating in a research report on Wednesday, October 2nd. StockNews.com cut Union Pacific from a “buy” rating to a “hold” rating in a research report on Tuesday, October 1st. Finally, Evercore ISI cut Union Pacific from an “outperform” rating to an “inline” rating and lowered their price objective for the company from $254.00 to $247.00 in a research report on Wednesday, September 25th. Nine analysts have rated the stock with a hold rating, eleven have given a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $259.25.

Union Pacific Price Performance

Union Pacific stock traded up $1.00 on Tuesday, reaching $246.27. The company’s stock had a trading volume of 1,032,942 shares, compared to its average volume of 2,267,345. The company has a debt-to-equity ratio of 1.89, a quick ratio of 0.86 and a current ratio of 1.05. The company has a market cap of $150.25 billion, a price-to-earnings ratio of 23.59, a PEG ratio of 2.21 and a beta of 1.05. The business’s fifty day moving average price is $245.88 and its 200 day moving average price is $238.55. Union Pacific Co. has a twelve month low of $199.97 and a twelve month high of $258.66.

Union Pacific (NYSE:UNP) last issued its quarterly earnings results on Thursday, July 25th. The railroad operator reported $2.74 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.71 by $0.03. Union Pacific had a return on equity of 42.62% and a net margin of 26.90%. The business had revenue of $6.01 billion for the quarter, compared to analyst estimates of $6.05 billion. During the same quarter in the prior year, the firm posted $2.57 earnings per share. The firm’s revenue for the quarter was up .7% compared to the same quarter last year. Equities analysts expect that Union Pacific Co. will post 11.06 earnings per share for the current fiscal year.

Union Pacific Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, September 30th. Stockholders of record on Friday, August 30th were paid a dividend of $1.34 per share. This represents a $5.36 annualized dividend and a dividend yield of 2.18%. The ex-dividend date of this dividend was Friday, August 30th. This is a positive change from Union Pacific’s previous quarterly dividend of $1.30. Union Pacific’s dividend payout ratio is 51.15%.

Insider Activity

In other news, President Elizabeth F. Whited sold 3,552 shares of the company’s stock in a transaction on Tuesday, July 30th. The stock was sold at an average price of $246.59, for a total transaction of $875,887.68. Following the transaction, the president now owns 64,945 shares of the company’s stock, valued at $16,014,787.55. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. 0.28% of the stock is currently owned by insiders.

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.