Burns J W & Co. Inc. NY Sells 63 Shares of Union Pacific Co. (NYSE:UNP)

Burns J W & Co. Inc. NY cut its holdings in shares of Union Pacific Co. (NYSE:UNP) by 1.1% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 5,936 shares of the railroad operator’s stock after selling 63 shares during the period. Burns J W & Co. Inc. NY’s holdings in Union Pacific were worth $1,215,000 at the end of the most recent quarter.

Other large investors have also recently modified their holdings of the company. American National Bank boosted its stake in shares of Union Pacific by 13.5% in the 2nd quarter. American National Bank now owns 43,806 shares of the railroad operator’s stock valued at $8,964,000 after purchasing an additional 5,195 shares in the last quarter. Pacific Sun Financial Corp bought a new position in Union Pacific in the 2nd quarter valued at approximately $213,000. Ignite Planners LLC boosted its position in Union Pacific by 11.5% in the second quarter. Ignite Planners LLC now owns 1,141 shares of the railroad operator’s stock valued at $231,000 after buying an additional 118 shares in the last quarter. Buckley Wealth Management LLC grew its stake in shares of Union Pacific by 23.9% during the second quarter. Buckley Wealth Management LLC now owns 4,388 shares of the railroad operator’s stock worth $898,000 after buying an additional 846 shares during the last quarter. Finally, Stokes Capital Advisors LLC increased its holdings in shares of Union Pacific by 0.5% during the second quarter. Stokes Capital Advisors LLC now owns 29,757 shares of the railroad operator’s stock worth $6,089,000 after buying an additional 135 shares in the last quarter. Institutional investors and hedge funds own 77.36% of the company’s stock.

Union Pacific Stock Performance

Shares of UNP opened at $213.02 on Tuesday. Union Pacific Co. has a one year low of $183.69 and a one year high of $240.48. The company has a market cap of $129.83 billion, a PE ratio of 19.44, a P/E/G ratio of 2.03 and a beta of 1.11. The stock has a 50-day moving average of $220.88 and a 200-day moving average of $206.44. The company has a debt-to-equity ratio of 2.39, a current ratio of 0.71 and a quick ratio of 0.57.

Union Pacific (NYSE:UNP) last announced its quarterly earnings data on Wednesday, July 26th. The railroad operator reported $2.57 EPS for the quarter, missing analysts’ consensus estimates of $2.75 by ($0.18). Union Pacific had a net margin of 27.18% and a return on equity of 55.03%. The firm had revenue of $5.96 billion during the quarter, compared to analyst estimates of $6.09 billion. During the same period last year, the business posted $2.93 EPS. The company’s revenue was down 4.9% on a year-over-year basis. On average, equities research analysts predict that Union Pacific Co. will post 10.5 EPS for the current fiscal year.

Union Pacific Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, September 29th. Shareholders of record on Thursday, August 31st will be issued a dividend of $1.30 per share. The ex-dividend date of this dividend is Wednesday, August 30th. This represents a $5.20 annualized dividend and a yield of 2.44%. Union Pacific’s payout ratio is 47.45%.

Insider Buying and Selling at Union Pacific

In other news, EVP Kenyatta G. Rocker sold 8,700 shares of the business’s stock in a transaction dated Wednesday, August 23rd. The shares were sold at an average price of $222.43, for a total transaction of $1,935,141.00. Following the completion of the sale, the executive vice president now directly owns 42,061 shares of the company’s stock, valued at $9,355,628.23. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. In related news, EVP Kenyatta G. Rocker sold 8,700 shares of the firm’s stock in a transaction dated Wednesday, August 23rd. The shares were sold at an average price of $222.43, for a total value of $1,935,141.00. Following the transaction, the executive vice president now owns 42,061 shares of the company’s stock, valued at approximately $9,355,628.23. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. 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 directly owns 99,378 shares of the company’s stock, valued at $22,144,399.74. The disclosure for this sale can be found here. Insiders own 0.30% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts recently weighed in on the company. Atlantic Securities downgraded Union Pacific from an “overweight” rating to a “neutral” rating and set a $244.00 price objective on the stock. in a report on Thursday, July 27th. Stifel Nicolaus boosted their price target on Union Pacific from $216.00 to $223.00 in a report on Monday, July 17th. Susquehanna raised their price objective on shares of Union Pacific from $230.00 to $240.00 in a report on Thursday, July 27th. Credit Suisse Group boosted their target price on shares of Union Pacific from $235.00 to $262.00 in a report on Thursday, July 27th. Finally, Raymond James raised their price target on shares of Union Pacific from $230.00 to $270.00 and gave the company a “strong-buy” rating in a research note on Thursday, July 27th. Twelve equities research analysts have rated the stock with a hold rating, fourteen have assigned a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $233.97.

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, 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.