First National Corp MA ADV Sells 72 Shares of Union Pacific Co. (NYSE:UNP)

First National Corp MA ADV trimmed its holdings in shares of Union Pacific Co. (NYSE:UNP) by 4.7% in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 1,454 shares of the railroad operator’s stock after selling 72 shares during the period. First National Corp MA ADV’s holdings in Union Pacific were worth $358,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of UNP. BNP Paribas bought a new position in Union Pacific during the 1st quarter worth approximately $1,088,000. Envestnet Portfolio Solutions Inc. boosted its stake in shares of Union Pacific by 19.0% during the first quarter. Envestnet Portfolio Solutions Inc. now owns 126,369 shares of the railroad operator’s stock valued at $31,078,000 after purchasing an additional 20,173 shares during the period. Shellback Capital LP boosted its stake in shares of Union Pacific by 28.2% during the second quarter. Shellback Capital LP now owns 20,000 shares of the railroad operator’s stock valued at $4,525,000 after purchasing an additional 4,400 shares during the period. Peoples Bank KS bought a new position in shares of Union Pacific in the third quarter worth approximately $834,000. Finally, M&G Plc purchased a new position in shares of Union Pacific in the first quarter worth $10,378,000. 80.38% of the stock is owned by institutional investors.

Union Pacific Stock Performance

Shares of UNP stock traded down $0.02 during trading hours on Wednesday, reaching $237.54. The company had a trading volume of 349,154 shares, compared to its average volume of 2,272,672. The firm has a market cap of $144.71 billion, a PE ratio of 22.67, a price-to-earnings-growth ratio of 2.20 and a beta of 1.05. The business has a fifty day moving average price of $245.92 and a 200-day moving average price of $238.62. Union Pacific Co. has a one year low of $199.97 and a one year high of $258.66. The company has a debt-to-equity ratio of 1.89, a quick ratio of 0.86 and a current ratio of 1.05.

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

Union Pacific Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, September 30th. Stockholders of record on Friday, August 30th were paid a $1.34 dividend. This represents a $5.36 annualized dividend and a dividend yield of 2.26%. The ex-dividend date was Friday, August 30th. This is a boost from Union Pacific’s previous quarterly dividend of $1.30. Union Pacific’s dividend payout ratio is 51.15%.

Wall Street Analysts Forecast Growth

Several equities research analysts have weighed in on the stock. Citigroup initiated coverage on shares of Union Pacific in a research report on Wednesday. They set a “neutral” rating and a $264.00 price target for the company. Sanford C. Bernstein cut their target price on Union Pacific from $290.00 to $273.00 and set an “outperform” rating on the stock in a research note on Monday, July 8th. TD Cowen lowered their price target on Union Pacific from $259.00 to $255.00 and set a “buy” rating for the company in a research report on Friday, July 26th. StockNews.com lowered Union Pacific from a “buy” rating to a “hold” rating in a research report on Tuesday, October 1st. Finally, Daiwa America lowered Union Pacific from a “moderate buy” rating to a “hold” rating in a research note on Wednesday, September 4th. Nine equities research analysts have rated the stock with a hold rating, eleven have assigned a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $259.55.

Insider Buying and Selling

In other news, President Elizabeth F. Whited sold 3,552 shares of the company’s stock in a transaction on Tuesday, July 30th. The stock was sold at an average price of $246.59, for a total value of $875,887.68. Following the completion of the sale, the president now directly owns 64,945 shares in the company, valued at $16,014,787.55. This represents a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this link. 0.28% of the stock is currently owned by insiders.

Union Pacific 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.