Sabal Trust CO increased its position in shares of Union Pacific Co. (NYSE:UNP) by 8.2% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 120,426 shares of the railroad operator’s stock after acquiring an additional 9,084 shares during the period. Sabal Trust CO’s holdings in Union Pacific were worth $20,365,000 at the end of the most recent quarter.

A number of other large investors have also recently added to or reduced their stakes in UNP. Norges Bank acquired a new stake in Union Pacific in the 4th quarter worth approximately $1,036,317,000. FMR LLC lifted its holdings in Union Pacific by 29.1% in the 1st quarter. FMR LLC now owns 16,222,588 shares of the railroad operator’s stock worth $2,712,416,000 after purchasing an additional 3,653,756 shares during the last quarter. Ellis Investment Partners LLC lifted its holdings in Union Pacific by 16,626.5% in the 1st quarter. Ellis Investment Partners LLC now owns 2,689,126 shares of the railroad operator’s stock worth $2,689,000 after purchasing an additional 2,673,049 shares during the last quarter. Ronna Sue Cohen lifted its holdings in Union Pacific by 15,456.0% in the 1st quarter. Ronna Sue Cohen now owns 1,298,301 shares of the railroad operator’s stock worth $1,298,000 after purchasing an additional 1,289,955 shares during the last quarter. Finally, Thoroughbred Financial Services LLC lifted its holdings in Union Pacific by 17,755.2% in the 2nd quarter. Thoroughbred Financial Services LLC now owns 798,662 shares of the railroad operator’s stock worth $79,866,000 after purchasing an additional 794,189 shares during the last quarter. 79.30% of the stock is currently owned by hedge funds and other institutional investors.

NYSE:UNP traded up $3.13 during trading hours on Monday, reaching $177.36. The company had a trading volume of 1,651,197 shares, compared to its average volume of 3,028,620. The business has a 50-day simple moving average of $170.45. Union Pacific Co. has a one year low of $128.08 and a one year high of $180.02. The firm has a market cap of $124.77 billion, a price-to-earnings ratio of 22.42, a PEG ratio of 1.95 and a beta of 1.04. The company has a quick ratio of 0.58, a current ratio of 0.72 and a debt-to-equity ratio of 1.26.

Union Pacific (NYSE:UNP) last announced its quarterly earnings results on Thursday, July 18th. The railroad operator reported $2.22 earnings per share for the quarter, beating analysts’ consensus estimates of $2.12 by $0.10. Union Pacific had a return on equity of 31.74% and a net margin of 26.95%. The firm had revenue of $5.60 billion for the quarter, compared to analysts’ expectations of $5.62 billion. During the same period in the prior year, the business posted $1.98 earnings per share. The business’s revenue was down 1.3% compared to the same quarter last year. As a group, equities research analysts predict that Union Pacific Co. will post 8.96 earnings per share for the current year.

The business also recently declared a quarterly dividend, which will be paid on Monday, September 30th. Shareholders of record on Friday, August 30th will be given a $0.97 dividend. This represents a $3.88 dividend on an annualized basis and a yield of 2.19%. This is a boost from Union Pacific’s previous quarterly dividend of $0.88. The ex-dividend date is Thursday, August 29th. Union Pacific’s dividend payout ratio is 44.50%.

Several equities research analysts recently weighed in on UNP shares. Citigroup set a $20.00 target price on Compania de Minas Buenaventura SAA and gave the stock a “buy” rating in a report on Thursday, April 4th. Loop Capital boosted their target price on Union Pacific to $191.00 in a report on Friday, July 19th. BMO Capital Markets set a $44.00 target price on Schlumberger and gave the stock a “hold” rating in a report on Monday, April 22nd. TD Securities boosted their target price on Union Pacific from $170.00 to $180.00 and gave the stock a “hold” rating in a report on Monday, April 22nd. Finally, Atlantic Securities upgraded CSX from an “overweight” rating to a “neutral” rating and set a $73.00 target price for the company in a report on Friday. One equities research analyst has rated the stock with a sell rating, nine have assigned a hold rating and fourteen have assigned a buy rating to the company’s stock. Union Pacific currently has an average rating of “Buy” and an average target price of $182.62.

In other Union Pacific news, Director William J. Delaney III acquired 5,000 shares of Union Pacific stock in a transaction on Monday, May 20th. The shares were bought at an average price of $174.06 per share, with a total value of $870,300.00. Following the completion of the purchase, the director now owns 5,000 shares in the company, valued at $870,300. The purchase was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, EVP Robert M. Knight, Jr. sold 1,380 shares of the business’s stock in a transaction on Friday, May 3rd. The stock was sold at an average price of $180.01, for a total value of $248,413.80. Following the completion of the transaction, the executive vice president now directly owns 94,943 shares in the company, valued at approximately $17,090,689.43. The disclosure for this sale can be found here. Corporate insiders own 9.96% of the company’s stock.

Union Pacific Company Profile

Union Pacific Corporation, through its subsidiary, Union Pacific Railroad Company, engages in the railroad business in the United States. It offers transportation services for agricultural products, including grains, commodities produced from grains, fertilizers, and food and beverage products; coal and sand, as well as petroleum, liquid petroleum gases, and renewables; and construction products, industrial chemicals, plastics, forest products, specialized products, metals and ores, and soda ash, as well as intermodal and finished vehicles.

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Institutional Ownership by Quarter for Union Pacific (NYSE:UNP)

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