BancFirst Trust & Investment Management Takes $685,000 Position in Union Pacific Co. (NYSE:UNP)

BancFirst Trust & Investment Management acquired a new stake in shares of Union Pacific Co. (NYSE:UNP) in the 1st quarter, HoldingsChannel.com reports. The fund acquired 2,786 shares of the railroad operator’s stock, valued at approximately $685,000. Union Pacific accounts for approximately 0.3% of BancFirst Trust & Investment Management’s investment portfolio, making the stock its 19th largest position.

Several other large investors also recently made changes to their positions in UNP. OLD Point Trust & Financial Services N A purchased a new stake in Union Pacific during the fourth quarter valued at about $25,000. Raleigh Capital Management Inc. lifted its stake in Union Pacific by 211.4% during the fourth quarter. Raleigh Capital Management Inc. now owns 109 shares of the railroad operator’s stock valued at $27,000 after buying an additional 74 shares in the last quarter. Valued Wealth Advisors LLC purchased a new stake in Union Pacific during the fourth quarter valued at about $28,000. Scarborough Advisors LLC purchased a new stake in Union Pacific during the fourth quarter valued at about $29,000. Finally, Transcendent Capital Group LLC purchased a new stake in Union Pacific during the fourth quarter valued at about $34,000. Institutional investors own 80.38% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts have recently issued reports on the stock. TD Cowen increased their price target on shares of Union Pacific from $252.00 to $258.00 and gave the stock a “buy” rating in a research report on Friday, April 26th. Loop Capital downgraded Union Pacific from a “buy” rating to a “hold” rating and dropped their price objective for the stock from $276.00 to $238.00 in a report on Monday. Jefferies Financial Group assumed coverage on Union Pacific in a report on Monday, April 8th. They issued a “hold” rating and a $250.00 price objective on the stock. Stifel Nicolaus upgraded Union Pacific from a “hold” rating to a “buy” rating and increased their price target for the company from $248.00 to $267.00 in a report on Friday, May 3rd. Finally, Evercore ISI increased their price target on Union Pacific from $271.00 to $273.00 and gave the company an “outperform” rating in a report on Friday, April 26th. Seven analysts have rated the stock with a hold rating, fourteen have given a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $259.75.

Union Pacific Stock Up 0.6 %

Shares of NYSE:UNP traded up $1.29 during trading on Tuesday, hitting $222.67. 596,681 shares of the company’s stock traded hands, compared to its average volume of 2,283,786. Union Pacific Co. has a 52 week low of $199.06 and a 52 week high of $258.66. The company has a current ratio of 0.93, a quick ratio of 0.76 and a debt-to-equity ratio of 1.99. The company has a market cap of $135.86 billion, a price-to-earnings ratio of 21.12, a price-to-earnings-growth ratio of 1.81 and a beta of 1.05. The company has a 50-day moving average price of $235.00 and a 200-day moving average price of $240.84.

Union Pacific (NYSE:UNP) last released its quarterly earnings data on Thursday, April 25th. The railroad operator reported $2.69 earnings per share for the quarter, beating the consensus estimate of $2.50 by $0.19. Union Pacific had a return on equity of 44.34% and a net margin of 26.52%. The business had revenue of $6.03 billion for the quarter, compared to analysts’ expectations of $5.97 billion. During the same quarter in the previous year, the business posted $2.67 EPS. Union Pacific’s revenue for the quarter was down .4% on a year-over-year basis. As a group, research analysts forecast that Union Pacific Co. will post 11.25 EPS for the current fiscal year.

Union Pacific Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, June 28th. Shareholders of record on Friday, May 31st will be paid a $1.30 dividend. This represents a $5.20 annualized dividend and a yield of 2.34%. The ex-dividend date of this dividend is Friday, May 31st. Union Pacific’s payout ratio is 49.62%.

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.