Oakworth Capital Inc. Has $2.92 Million Stock Holdings in Union Pacific Corporation (NYSE:UNP)

Oakworth Capital Inc. decreased its holdings in shares of Union Pacific Corporation (NYSE:UNP) by 1.5% during the 1st quarter, Holdings Channel reports. The firm owned 12,373 shares of the railroad operator’s stock after selling 191 shares during the quarter. Oakworth Capital Inc.’s holdings in Union Pacific were worth $2,923,000 at the end of the most recent quarter.

Other large investors have also added to or reduced their stakes in the company. Norges Bank acquired a new position in shares of Union Pacific during the 4th quarter valued at $1,927,377,000. Raymond James Financial Inc. bought a new stake in Union Pacific in the fourth quarter valued at $1,035,905,000. GAMMA Investing LLC increased its stake in Union Pacific by 27,502.8% in the first quarter. GAMMA Investing LLC now owns 2,491,151 shares of the railroad operator’s stock valued at $588,510,000 after purchasing an additional 2,482,126 shares in the last quarter. Geode Capital Management LLC raised its holdings in shares of Union Pacific by 12.6% during the fourth quarter. Geode Capital Management LLC now owns 14,430,581 shares of the railroad operator’s stock valued at $3,282,305,000 after purchasing an additional 1,616,895 shares during the period. Finally, Capital Research Global Investors boosted its position in shares of Union Pacific by 14.3% during the 4th quarter. Capital Research Global Investors now owns 10,395,364 shares of the railroad operator’s stock worth $2,370,559,000 after purchasing an additional 1,298,178 shares in the last quarter. Institutional investors and hedge funds own 80.38% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts recently commented on the company. Argus raised Union Pacific to a “strong-buy” rating in a research report on Friday, May 16th. Susquehanna raised Union Pacific from a “neutral” rating to a “positive” rating and upped their target price for the stock from $245.00 to $260.00 in a research report on Tuesday. UBS Group cut their target price on Union Pacific from $255.00 to $245.00 and set a “neutral” rating on the stock in a report on Wednesday, April 2nd. Stephens reduced their price target on shares of Union Pacific from $275.00 to $255.00 and set an “overweight” rating for the company in a research report on Monday, April 28th. Finally, Stifel Nicolaus lowered their price objective on shares of Union Pacific from $270.00 to $248.00 and set a “buy” rating on the stock in a report on Monday, April 14th. One analyst has rated the stock with a sell rating, six have issued a hold rating, sixteen have issued a buy rating and two have assigned a strong buy rating to the stock. According to MarketBeat, Union Pacific presently has an average rating of “Moderate Buy” and a consensus price target of $258.39.

Union Pacific Stock Up 1.3%

Union Pacific stock opened at $229.85 on Friday. The firm has a 50 day moving average price of $221.89 and a 200-day moving average price of $230.76. The company has a quick ratio of 0.61, a current ratio of 0.73 and a debt-to-equity ratio of 1.91. Union Pacific Corporation has a twelve month low of $204.66 and a twelve month high of $258.07. The company has a market capitalization of $137.33 billion, a P/E ratio of 20.71, a P/E/G ratio of 2.28 and a beta of 1.05.

Union Pacific (NYSE:UNP) last announced its quarterly earnings data on Thursday, April 24th. The railroad operator reported $2.70 earnings per share for the quarter, missing the consensus estimate of $2.73 by ($0.03). Union Pacific had a net margin of 27.76% and a return on equity of 40.80%. The firm had revenue of $6.03 billion for the quarter, compared to the consensus estimate of $6.11 billion. During the same period last year, the company posted $2.69 earnings per share. Union Pacific’s revenue for the quarter was down .1% on a year-over-year basis. As a group, equities analysts predict that Union Pacific Corporation will post 11.99 EPS for the current year.

Union Pacific Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, June 30th. Stockholders of record on Friday, May 30th will be paid a dividend of $1.34 per share. The ex-dividend date is Friday, May 30th. This represents a $5.36 annualized dividend and a dividend yield of 2.33%. Union Pacific’s payout ratio is 48.29%.

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.