OLD Second National Bank of Aurora Sells 65 Shares of Union Pacific Co. (NYSE:UNP)

OLD Second National Bank of Aurora cut its position in Union Pacific Co. (NYSE:UNP) by 7.1% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 848 shares of the railroad operator’s stock after selling 65 shares during the quarter. OLD Second National Bank of Aurora’s holdings in Union Pacific were worth $209,000 as of its most recent SEC filing.

Other hedge funds also recently made changes to their positions in the company. OLD Point Trust & Financial Services N A bought a new position in shares of Union Pacific during the fourth quarter worth about $25,000. Richardson Capital Management LLC acquired a new stake in Union Pacific during the first quarter worth approximately $26,000. Raleigh Capital Management Inc. grew 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 worth $27,000 after purchasing an additional 74 shares during the period. Valued Wealth Advisors LLC acquired a new stake in Union Pacific in the fourth quarter valued at approximately $28,000. Finally, Scarborough Advisors LLC acquired a new stake in Union Pacific in the fourth quarter valued at approximately $29,000. 80.38% of the stock is currently owned by institutional investors.

Union Pacific Price Performance

Shares of UNP traded up $2.97 during midday trading on Friday, reaching $231.69. The stock had a trading volume of 839,511 shares, compared to its average volume of 2,260,774. Union Pacific Co. has a 12-month low of $199.33 and a 12-month 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’s 50-day moving average is $231.01 and its 200 day moving average is $239.30. The company has a market capitalization of $141.36 billion, a price-to-earnings ratio of 21.82, a price-to-earnings-growth ratio of 1.91 and a beta of 1.06.

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

Union Pacific Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, June 28th. Shareholders of record on Friday, May 31st were issued a dividend of $1.30 per share. The ex-dividend date of this dividend was Friday, May 31st. This represents a $5.20 dividend on an annualized basis and a dividend yield of 2.24%. Union Pacific’s dividend payout ratio (DPR) is 49.62%.

Analyst Ratings Changes

A number of brokerages have commented on UNP. Benchmark raised their price objective on Union Pacific from $260.00 to $266.00 and gave the company a “buy” rating in a research note on Wednesday, April 10th. Raymond James restated a “strong-buy” rating and issued a $280.00 target price (up previously from $275.00) on shares of Union Pacific in a report on Friday, April 26th. TD Cowen raised their target price on Union Pacific from $252.00 to $258.00 and gave the company a “buy” rating in a report on Friday, April 26th. Morgan Stanley lifted their price target on Union Pacific from $198.00 to $210.00 and gave the stock an “equal weight” rating in a report on Friday, April 26th. Finally, Stifel Nicolaus upgraded Union Pacific from a “hold” rating to a “buy” rating and lifted their price target for the stock from $248.00 to $267.00 in a report on Friday, May 3rd. Eight research analysts have rated the stock with a hold rating, thirteen have given a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $258.63.

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.