Trust Co. of Oklahoma Sells 371 Shares of Union Pacific Co. (NYSE:UNP)

Trust Co. of Oklahoma lowered its position in shares of Union Pacific Co. (NYSE:UNP) by 3.8% in the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 9,274 shares of the railroad operator’s stock after selling 371 shares during the quarter. Trust Co. of Oklahoma’s holdings in Union Pacific were worth $2,281,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in the company. Norges Bank bought a new position in shares of Union Pacific in the 4th quarter valued at about $1,832,127,000. Wellington Management Group LLP grew its holdings in Union Pacific by 0.3% during the 3rd quarter. Wellington Management Group LLP now owns 7,261,449 shares of the railroad operator’s stock worth $1,478,649,000 after acquiring an additional 19,145 shares during the period. Capital Research Global Investors grew its holdings in Union Pacific by 23.1% during the 4th quarter. Capital Research Global Investors now owns 6,851,767 shares of the railroad operator’s stock worth $1,682,931,000 after acquiring an additional 1,285,144 shares during the period. Fisher Asset Management LLC raised its position in shares of Union Pacific by 2.2% during the 4th quarter. Fisher Asset Management LLC now owns 5,867,842 shares of the railroad operator’s stock valued at $1,441,260,000 after acquiring an additional 125,522 shares during the last quarter. Finally, Franklin Resources Inc. lifted its stake in shares of Union Pacific by 7.1% in the 4th quarter. Franklin Resources Inc. now owns 5,504,181 shares of the railroad operator’s stock valued at $1,351,937,000 after purchasing an additional 364,029 shares during the period. Institutional investors and hedge funds own 80.38% of the company’s stock.

Union Pacific Stock Up 0.0 %

UNP stock traded up $0.07 during mid-day trading on Wednesday, reaching $225.57. The company had a trading volume of 1,219,748 shares, compared to its average volume of 2,295,574. The company has a market capitalization of $137.62 billion, a price-to-earnings ratio of 21.52, a PEG ratio of 1.92 and a beta of 1.07. Union Pacific Co. has a 52 week low of $199.33 and a 52 week high of $258.66. The stock has a 50 day simple moving average of $232.90 and a two-hundred day simple moving average of $240.08. The company has a debt-to-equity ratio of 1.99, a current ratio of 0.93 and a quick ratio of 0.76.

Union Pacific (NYSE:UNP) last issued its earnings results on Thursday, April 25th. The railroad operator reported $2.69 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.50 by $0.19. The business had revenue of $6.03 billion during the quarter, compared to the consensus estimate of $5.97 billion. Union Pacific had a net margin of 26.52% and a return on equity of 44.34%. Union Pacific’s revenue was down .4% on a year-over-year basis. During the same period last year, the business posted $2.67 EPS. As a group, equities analysts predict that Union Pacific Co. will post 11.22 earnings per share for the current fiscal year.

Union Pacific Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, June 28th. Shareholders of record on Friday, May 31st were issued a $1.30 dividend. The ex-dividend date of this dividend was Friday, May 31st. This represents a $5.20 annualized dividend and a dividend yield of 2.31%. Union Pacific’s dividend payout ratio is currently 49.62%.

Analyst Ratings Changes

UNP has been the topic of several analyst reports. Benchmark increased their target price on Union Pacific from $260.00 to $266.00 and gave the company a “buy” rating in a research note on Wednesday, April 10th. StockNews.com lowered shares of Union Pacific from a “buy” rating to a “hold” rating in a research note on Tuesday, June 18th. TD Cowen upped their target price on shares of Union Pacific from $252.00 to $258.00 and gave the company a “buy” rating in a research note on Friday, April 26th. Wells Fargo & Company assumed coverage on shares of Union Pacific in a report on Friday, June 7th. They issued an “overweight” rating and a $270.00 target price on the stock. Finally, Loop Capital cut shares of Union Pacific from a “buy” rating to a “hold” rating and lowered their price objective for the company from $276.00 to $238.00 in a research report on Monday, June 17th. Eight equities research analysts have rated the stock with a hold rating, thirteen have issued a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $258.92.

About Union Pacific

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.