Community Bank of Raymore held its position in Union Pacific Corp. (NYSE:UNP) during the second quarter, Holdings Channel reports. The institutional investor owned 22,932 shares of the railroad operator’s stock at the end of the second quarter. Union Pacific Corp. makes up approximately 1.0% of Community Bank of Raymore’s investment portfolio, making the stock its 21st largest position. Community Bank of Raymore’s holdings in Union Pacific Corp. were worth $2,002,000 as of its most recent filing with the SEC.
Several other hedge funds and other institutional investors have also recently bought and sold shares of UNP. Commonwealth Equity Services Inc boosted its stake in shares of Union Pacific Corp. by 1.5% in the first quarter. Commonwealth Equity Services Inc now owns 121,964 shares of the railroad operator’s stock worth $9,702,000 after buying an additional 1,854 shares during the period. Sarasin & Partners LLP bought a new stake in shares of Union Pacific Corp. during the first quarter worth about $28,614,000. Aperio Group LLC boosted its stake in shares of Union Pacific Corp. by 32.5% in the first quarter. Aperio Group LLC now owns 385,903 shares of the railroad operator’s stock worth $30,699,000 after buying an additional 94,559 shares during the period. Mn Services Vermogensbeheer B.V. bought a new stake in shares of Union Pacific Corp. during the first quarter worth about $1,495,000. Finally, Buffington Mohr McNeal boosted its stake in shares of Union Pacific Corp. by 6.6% in the first quarter. Buffington Mohr McNeal now owns 4,692 shares of the railroad operator’s stock worth $373,000 after buying an additional 292 shares during the period. Institutional investors own 78.14% of the company’s stock.
Shares of Union Pacific Corp. (NYSE:UNP) traded down 0.28% on Friday, reaching $98.07. The company’s stock had a trading volume of 3,275,299 shares. The firm has a market capitalization of $81.68 billion, a PE ratio of 19.09 and a beta of 0.84. Union Pacific Corp. has a one year low of $67.06 and a one year high of $98.84. The firm has a 50-day moving average price of $95.28 and a 200 day moving average price of $88.93.
Union Pacific Corp. (NYSE:UNP) last announced its quarterly earnings results on Thursday, July 21st. The railroad operator reported $1.17 earnings per share for the quarter, hitting the consensus estimate of $1.17. The company had revenue of $4.77 billion for the quarter, compared to the consensus estimate of $4.80 billion. Union Pacific Corp. had a return on equity of 21.29% and a net margin of 21.48%. The firm’s revenue for the quarter was down 12.1% compared to the same quarter last year. During the same period last year, the firm earned $1.38 EPS. On average, analysts anticipate that Union Pacific Corp. will post $5.04 earnings per share for the current fiscal year.
The business also recently declared a quarterly dividend, which was paid on Friday, September 30th. Shareholders of record on Wednesday, August 31st were given a dividend of $0.55 per share. This represents a $2.20 annualized dividend and a yield of 2.24%. The ex-dividend date of this dividend was Monday, August 29th. Union Pacific Corp.’s dividend payout ratio is currently 42.80%.
UNP has been the topic of several recent analyst reports. Vetr cut Union Pacific Corp. from a “hold” rating to a “sell” rating and set a $91.00 price target on the stock. in a report on Monday, August 8th. Zacks Investment Research raised Union Pacific Corp. from a “sell” rating to a “hold” rating in a report on Wednesday, September 14th. Oppenheimer Holdings Inc. initiated coverage on Union Pacific Corp. in a report on Wednesday, June 15th. They issued a “market perform” rating on the stock. Loop Capital reaffirmed a “hold” rating on shares of Union Pacific Corp. in a report on Friday, September 9th. Finally, JPMorgan Chase & Co. reaffirmed a “hold” rating and issued a $94.00 price target on shares of Union Pacific Corp. in a report on Sunday, August 21st. Three equities research analysts have rated the stock with a sell rating, nine have issued a hold rating and fourteen have issued a buy rating to the stock. The stock presently has an average rating of “Hold” and an average target price of $96.12.
In other news, EVP Robert M. Knight, Jr. sold 10,000 shares of the firm’s stock in a transaction dated Thursday, September 1st. The stock was sold at an average price of $95.24, for a total transaction of $952,400.00. Following the sale, the executive vice president now directly owns 150,660 shares in the company, valued at approximately $14,348,858.40. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP Robert M. Knight, Jr. sold 5,000 shares of the firm’s stock in a transaction dated Wednesday, September 7th. The shares were sold at an average price of $97.00, for a total value of $485,000.00. Following the sale, the executive vice president now owns 150,660 shares in the company, valued at $14,614,020. The disclosure for this sale can be found here. Company insiders own 0.14% of the company’s stock.
Union Pacific Corp. Company Profile
Union Pacific Corporation operates through its principal operating company, Union Pacific Railroad Company. Union Pacific Railroad Company links approximately 20 states in the western two-thirds of the country by rail, providing link in the supply chain. The Company’s business mix includes agricultural products, automotive, chemicals, coal, industrial products and intermodal.
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