Farmers National Bank Sells 52 Shares of Union Pacific Co. (NYSE:UNP)

Farmers National Bank lowered its holdings in shares of Union Pacific Co. (NYSE:UNP) by 1.3% in the second quarter, according to its most recent disclosure with the SEC. The firm owned 3,888 shares of the railroad operator’s stock after selling 52 shares during the period. Farmers National Bank’s holdings in Union Pacific were worth $880,000 as of its most recent filing with the SEC.

A number of other institutional investors have also recently bought and sold shares of the business. OLD Point Trust & Financial Services N A acquired a new position in shares of Union Pacific during the 4th quarter worth approximately $25,000. Richardson Capital Management LLC acquired a new position in shares of Union Pacific in the first quarter valued at $26,000. Raleigh Capital Management Inc. raised its position in shares of Union Pacific by 211.4% in the fourth quarter. Raleigh Capital Management Inc. now owns 109 shares of the railroad operator’s stock valued at $27,000 after purchasing an additional 74 shares during the period. Cultivar Capital Inc. acquired a new stake in shares of Union Pacific during the 2nd quarter worth about $27,000. Finally, Scarborough Advisors LLC bought a new stake in shares of Union Pacific during the 4th quarter worth about $29,000. Institutional investors and hedge funds own 80.38% of the company’s stock.

Insider Activity at Union Pacific

In related news, President Elizabeth F. Whited sold 3,552 shares of the stock in a transaction that occurred on Tuesday, July 30th. The shares were sold at an average price of $246.59, for a total value of $875,887.68. Following the completion of the transaction, the president now owns 64,945 shares of the company’s stock, valued at approximately $16,014,787.55. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website. 0.28% of the stock is currently owned by insiders.

Analyst Ratings Changes

UNP has been the topic of several research analyst reports. Susquehanna lowered their price target on shares of Union Pacific from $270.00 to $250.00 and set a “neutral” rating on the stock in a report on Tuesday, June 25th. Bank of America lowered their target price on Union Pacific from $273.00 to $270.00 and set a “buy” rating on the stock in a research note on Tuesday, September 24th. Royal Bank of Canada boosted their price target on Union Pacific from $275.00 to $288.00 and gave the company an “outperform” rating in a research note on Monday. Loop Capital cut Union Pacific from a “buy” rating to a “hold” rating and lowered their price objective for the stock from $276.00 to $238.00 in a research report on Monday, June 17th. Finally, Evercore ISI cut shares of Union Pacific from an “outperform” rating to an “inline” rating and reduced their target price for the company from $254.00 to $247.00 in a research report on Wednesday, September 25th. Eight research analysts have rated the stock with a hold rating, eleven have given a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $258.79.

Union Pacific Stock Down 0.4 %

Shares of UNP opened at $245.50 on Wednesday. The firm has a 50 day simple moving average of $245.99 and a two-hundred day simple moving average of $238.83. The company has a market cap of $149.56 billion, a P/E ratio of 23.43, a P/E/G ratio of 2.25 and a beta of 1.05. Union Pacific Co. has a one year low of $199.33 and a one year high of $258.66. The company has a debt-to-equity ratio of 1.89, a current ratio of 1.05 and a quick ratio of 0.86.

Union Pacific (NYSE:UNP) last posted its quarterly earnings results on Thursday, July 25th. The railroad operator reported $2.74 EPS for the quarter, topping analysts’ consensus estimates of $2.71 by $0.03. Union Pacific had a return on equity of 42.62% and a net margin of 26.90%. The company had revenue of $6.01 billion during the quarter, compared to analysts’ expectations of $6.05 billion. During the same quarter in the previous year, the firm earned $2.57 EPS. Union Pacific’s revenue was up .7% on a year-over-year basis. Research analysts forecast that Union Pacific Co. will post 11.1 EPS for the current fiscal year.

Union Pacific Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, September 30th. Stockholders of record on Friday, August 30th were paid a $1.34 dividend. This is an increase from Union Pacific’s previous quarterly dividend of $1.30. This represents a $5.36 dividend on an annualized basis and a dividend yield of 2.18%. The ex-dividend date was Friday, August 30th. Union Pacific’s dividend payout ratio (DPR) is presently 51.15%.

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.