Crews Bank & Trust Sells 109 Shares of Union Pacific Corporation $UNP

Crews Bank & Trust decreased its holdings in shares of Union Pacific Corporation (NYSE:UNP) by 2.3% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 4,724 shares of the railroad operator’s stock after selling 109 shares during the period. Crews Bank & Trust’s holdings in Union Pacific were worth $1,087,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Pines Wealth Management LLC raised its position in Union Pacific by 1.7% during the 2nd quarter. Pines Wealth Management LLC now owns 2,520 shares of the railroad operator’s stock valued at $595,000 after purchasing an additional 43 shares during the last quarter. Titleist Asset Management LLC raised its position in Union Pacific by 1.1% during the 1st quarter. Titleist Asset Management LLC now owns 4,004 shares of the railroad operator’s stock valued at $946,000 after purchasing an additional 44 shares during the last quarter. Five Oceans Advisors raised its position in Union Pacific by 3.9% during the 2nd quarter. Five Oceans Advisors now owns 1,183 shares of the railroad operator’s stock valued at $272,000 after purchasing an additional 44 shares during the last quarter. Stiles Financial Services Inc raised its position in shares of Union Pacific by 1.6% in the 1st quarter. Stiles Financial Services Inc now owns 2,963 shares of the railroad operator’s stock worth $700,000 after acquiring an additional 48 shares in the last quarter. Finally, Avalon Trust Co raised its position in shares of Union Pacific by 5.1% in the 1st quarter. Avalon Trust Co now owns 1,004 shares of the railroad operator’s stock worth $237,000 after acquiring an additional 49 shares in the last quarter. Institutional investors own 80.38% of the company’s stock.

Union Pacific Stock Down 0.0%

UNP stock opened at $234.65 on Friday. Union Pacific Corporation has a twelve month low of $204.66 and a twelve month high of $256.84. The company has a quick ratio of 0.53, a current ratio of 0.65 and a debt-to-equity ratio of 1.86. The firm has a market cap of $139.16 billion, a PE ratio of 20.39, a price-to-earnings-growth ratio of 2.45 and a beta of 1.07. The business has a 50 day moving average of $223.43 and a 200 day moving average of $224.59.

Union Pacific (NYSE:UNP) last posted its quarterly earnings data on Thursday, July 24th. The railroad operator reported $3.03 earnings per share for the quarter, beating analysts’ consensus estimates of $2.84 by $0.19. Union Pacific had a return on equity of 41.73% and a net margin of 28.43%.The company had revenue of $6.15 billion during the quarter, compared to analyst estimates of $6.09 billion. During the same quarter last year, the company earned $2.74 EPS. The firm’s revenue for the quarter was up 2.4% on a year-over-year basis. On average, research analysts forecast that Union Pacific Corporation will post 11.99 EPS for the current fiscal year.

Union Pacific Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, September 30th. Investors of record on Friday, August 29th were given a dividend of $1.38 per share. This is a boost from Union Pacific’s previous quarterly dividend of $1.34. The ex-dividend date of this dividend was Friday, August 29th. This represents a $5.52 dividend on an annualized basis and a yield of 2.4%. Union Pacific’s dividend payout ratio is 47.96%.

Wall Street Analyst Weigh In

Several brokerages have recently issued reports on UNP. UBS Group increased their target price on Union Pacific from $238.00 to $240.00 and gave the stock a “neutral” rating in a research report on Friday, July 25th. Susquehanna reissued a “positive” rating and issued a $272.00 target price (up previously from $257.00) on shares of Union Pacific in a research report on Thursday, September 25th. Sanford C. Bernstein increased their target price on Union Pacific from $271.00 to $286.00 and gave the stock an “outperform” rating in a research report on Monday, July 21st. Loop Capital raised Union Pacific from a “sell” rating to a “hold” rating and increased their target price for the stock from $214.00 to $227.00 in a research report on Tuesday, September 16th. Finally, Robert W. Baird began coverage on Union Pacific in a research report on Tuesday, July 1st. They issued a “neutral” rating and a $231.00 target price for the company. One investment analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and ten have issued a Hold rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $260.00.

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.