Union Pacific Co. (NYSE:UNP) Shares Sold by Burke & Herbert Bank & Trust Co.

Burke & Herbert Bank & Trust Co. lessened its holdings in shares of Union Pacific Co. (NYSE:UNP) by 9.2% in the second quarter, according to its most recent filing with the SEC. The firm owned 1,438 shares of the railroad operator’s stock after selling 145 shares during the quarter. Burke & Herbert Bank & Trust Co.’s holdings in Union Pacific were worth $294,000 as of its most recent SEC filing.

A number of other institutional investors also recently added to or reduced their stakes in UNP. NewSquare Capital LLC lifted its holdings in shares of Union Pacific by 116.7% in the first quarter. NewSquare Capital LLC now owns 130 shares of the railroad operator’s stock valued at $26,000 after buying an additional 70 shares during the period. Tucker Asset Management LLC acquired a new stake in shares of Union Pacific in the first quarter valued at $26,000. Miller Wealth Advisors LLC lifted its holdings in shares of Union Pacific by 108.3% in the first quarter. Miller Wealth Advisors LLC now owns 125 shares of the railroad operator’s stock valued at $30,000 after buying an additional 65 shares during the period. Centerpoint Advisors LLC lifted its holdings in shares of Union Pacific by 86.7% in the first quarter. Centerpoint Advisors LLC now owns 155 shares of the railroad operator’s stock valued at $31,000 after buying an additional 72 shares during the period. Finally, Coppell Advisory Solutions Corp. acquired a new stake in shares of Union Pacific during the fourth quarter worth $32,000. Institutional investors and hedge funds own 77.36% of the company’s stock.

Insider Activity at Union Pacific

In related news, CFO Jennifer L. Hamann sold 1,000 shares of Union Pacific stock in a transaction dated Wednesday, August 23rd. The stock was sold at an average price of $222.83, for a total transaction of $222,830.00. Following the completion of the transaction, the chief financial officer now owns 99,378 shares in the company, valued at $22,144,399.74. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. In related news, EVP Kenyatta G. Rocker sold 8,700 shares of Union Pacific stock in a transaction dated Wednesday, August 23rd. The stock was sold at an average price of $222.43, for a total transaction of $1,935,141.00. Following the completion of the transaction, the executive vice president now owns 42,061 shares in the company, valued at $9,355,628.23. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CFO Jennifer L. Hamann sold 1,000 shares of the business’s stock in a transaction that occurred on Wednesday, August 23rd. The stock was sold at an average price of $222.83, for a total value of $222,830.00. Following the sale, the chief financial officer now owns 99,378 shares of the company’s stock, valued at approximately $22,144,399.74. The disclosure for this sale can be found here. 0.28% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

A number of brokerages have recently issued reports on UNP. Barclays boosted their target price on Union Pacific from $230.00 to $285.00 and gave the stock an “overweight” rating in a research report on Thursday, July 27th. StockNews.com began coverage on Union Pacific in a research report on Thursday, August 17th. They set a “hold” rating on the stock. Stifel Nicolaus boosted their target price on Union Pacific from $216.00 to $223.00 in a research report on Monday, July 17th. Stephens upped their price target on Union Pacific from $232.00 to $257.00 and gave the company an “overweight” rating in a research report on Thursday, July 27th. Finally, Royal Bank of Canada raised Union Pacific from a “sector perform” rating to an “outperform” rating and upped their price target for the company from $193.00 to $282.00 in a research report on Wednesday, July 26th. Twelve analysts have rated the stock with a hold rating, fourteen have given a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $233.97.

Union Pacific Stock Up 0.3 %

Shares of NYSE:UNP traded up $0.62 during midday trading on Monday, reaching $213.94. The company had a trading volume of 589,285 shares, compared to its average volume of 2,940,760. The company has a quick ratio of 0.57, a current ratio of 0.71 and a debt-to-equity ratio of 2.39. The business’s 50 day moving average price is $220.88 and its 200 day moving average price is $206.44. The stock has a market cap of $130.39 billion, a PE ratio of 19.46, a P/E/G ratio of 2.05 and a beta of 1.11. Union Pacific Co. has a 1-year low of $183.69 and a 1-year high of $240.48.

Union Pacific (NYSE:UNP) last released its earnings results on Wednesday, July 26th. The railroad operator reported $2.57 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.75 by ($0.18). The company had revenue of $5.96 billion during the quarter, compared to analyst estimates of $6.09 billion. Union Pacific had a net margin of 27.18% and a return on equity of 55.03%. Union Pacific’s revenue was down 4.9% compared to the same quarter last year. During the same period in the prior year, the firm posted $2.93 EPS. Research analysts forecast that Union Pacific Co. will post 10.5 EPS for the current fiscal year.

Union Pacific Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, September 29th. Investors of record on Thursday, August 31st will be given a $1.30 dividend. This represents a $5.20 dividend on an annualized basis and a dividend yield of 2.43%. The ex-dividend date of this dividend is Wednesday, August 30th. Union Pacific’s dividend payout ratio is currently 47.45%.

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, and other agricultural users; petroleum, and liquid petroleum gases; and construction products, industrial chemicals, plastics, forest products, specialized products, metals and ores, soda ash, and sand, as well as finished automobiles, automotive parts, and merchandise in intermodal containers.