BOK Financial Private Wealth Inc. Reduces Stock Holdings in Union Pacific Co. (NYSE:UNP)

BOK Financial Private Wealth Inc. trimmed its position in Union Pacific Co. (NYSE:UNP) by 6.0% during the 4th quarter, HoldingsChannel reports. The firm owned 8,518 shares of the railroad operator’s stock after selling 544 shares during the period. BOK Financial Private Wealth Inc.’s holdings in Union Pacific were worth $1,942,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also bought and sold shares of the company. State Street Corp boosted its position in Union Pacific by 0.9% in the third quarter. State Street Corp now owns 24,788,337 shares of the railroad operator’s stock worth $6,109,829,000 after purchasing an additional 217,780 shares during the last quarter. Geode Capital Management LLC boosted its position in Union Pacific by 1.4% in the third quarter. Geode Capital Management LLC now owns 12,813,686 shares of the railroad operator’s stock worth $3,146,451,000 after purchasing an additional 182,620 shares during the last quarter. Franklin Resources Inc. boosted its position in Union Pacific by 9.3% in the third quarter. Franklin Resources Inc. now owns 7,322,450 shares of the railroad operator’s stock worth $1,795,993,000 after purchasing an additional 625,492 shares during the last quarter. Fisher Asset Management LLC boosted its position in Union Pacific by 0.3% in the fourth quarter. Fisher Asset Management LLC now owns 6,305,684 shares of the railroad operator’s stock worth $1,437,948,000 after purchasing an additional 20,099 shares during the last quarter. Finally, FMR LLC boosted its position in Union Pacific by 0.6% in the third quarter. FMR LLC now owns 5,020,107 shares of the railroad operator’s stock worth $1,237,356,000 after purchasing an additional 31,899 shares during the last quarter. 80.38% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several research analysts have issued reports on the company. Robert W. Baird raised their target price on Union Pacific from $260.00 to $265.00 and gave the stock an “outperform” rating in a research report on Friday, January 24th. Stifel Nicolaus raised their price objective on Union Pacific from $253.00 to $270.00 and gave the stock a “buy” rating in a research note on Friday, January 24th. Raymond James reaffirmed a “strong-buy” rating and issued a $285.00 price objective (up previously from $265.00) on shares of Union Pacific in a research note on Friday, January 24th. Wells Fargo & Company decreased their price objective on Union Pacific from $267.00 to $265.00 and set an “overweight” rating on the stock in a research note on Tuesday, January 7th. Finally, Barclays raised their price objective on Union Pacific from $275.00 to $285.00 and gave the stock an “overweight” rating in a research note on Wednesday, November 13th. One equities research analyst has rated the stock with a sell rating, seven have assigned a hold rating, thirteen have assigned a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, Union Pacific currently has a consensus rating of “Moderate Buy” and an average target price of $263.00.

Union Pacific Stock Up 1.9 %

Shares of UNP opened at $249.84 on Friday. The business’s 50 day moving average is $241.04 and its 200 day moving average is $240.98. The company has a market capitalization of $150.98 billion, a PE ratio of 22.53, a price-to-earnings-growth ratio of 2.15 and a beta of 1.05. Union Pacific Co. has a 12-month low of $218.55 and a 12-month high of $258.07. The company has a current ratio of 0.77, a quick ratio of 0.62 and a debt-to-equity ratio of 1.76.

Union Pacific (NYSE:UNP) last released its quarterly earnings results on Thursday, January 23rd. The railroad operator reported $2.91 earnings per share for the quarter, beating the consensus estimate of $2.76 by $0.15. Union Pacific had a return on equity of 41.12% and a net margin of 27.82%. During the same quarter in the previous year, the firm posted $2.71 earnings per share. Research analysts expect that Union Pacific Co. will post 11.99 earnings per share for the current fiscal year.

Union Pacific Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, March 31st. Shareholders of record on Friday, February 28th will be issued a dividend of $1.34 per share. This represents a $5.36 annualized dividend and a yield of 2.15%. The ex-dividend date of this dividend is Friday, February 28th. Union Pacific’s dividend payout ratio is presently 48.33%.

Insider Buying and Selling at Union Pacific

In other Union Pacific news, President Elizabeth F. Whited sold 7,500 shares of the firm’s stock in a transaction that occurred on Friday, January 24th. The stock was sold at an average price of $250.00, for a total transaction of $1,875,000.00. Following the completion of the transaction, the president now owns 64,960 shares in the company, valued at $16,240,000. This trade represents a 10.35 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, EVP Craig V. Richardson sold 6,495 shares of the firm’s stock in a transaction that occurred on Monday, January 27th. The shares were sold at an average price of $252.00, for a total value of $1,636,740.00. Following the transaction, the executive vice president now owns 26,319 shares of the company’s stock, valued at $6,632,388. This represents a 19.79 % decrease in their position. The disclosure for this sale can be found here. 0.28% of the stock is currently owned by company insiders.

About Union Pacific

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.