Peoples Bank KS Purchases New Holdings in Union Pacific Co. (NYSE:UNP)

Peoples Bank KS acquired a new position in shares of Union Pacific Co. (NYSE:UNP) during the 3rd quarter, HoldingsChannel.com reports. The institutional investor acquired 3,383 shares of the railroad operator’s stock, valued at approximately $834,000.

Other large investors also recently added to or reduced their stakes in the company. OLD Point Trust & Financial Services N A purchased a new stake in Union Pacific in the 4th quarter worth about $25,000. Richardson Capital Management LLC acquired a new position in Union Pacific in the 1st quarter worth about $26,000. Raleigh Capital Management Inc. raised its stake in shares of Union Pacific by 211.4% during the 4th quarter. Raleigh Capital Management Inc. now owns 109 shares of the railroad operator’s stock worth $27,000 after purchasing an additional 74 shares in the last quarter. Strategic Investment Solutions Inc. IL acquired a new stake in shares of Union Pacific during the 2nd quarter valued at about $28,000. Finally, Scarborough Advisors LLC bought a new stake in shares of Union Pacific in the 4th quarter valued at approximately $29,000. 80.38% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several analysts recently weighed in on the company. Stifel Nicolaus decreased their target price on Union Pacific from $267.00 to $265.00 and set a “buy” rating for the company in a research note on Wednesday, July 17th. Wells Fargo & Company started coverage on shares of Union Pacific in a research note on Friday, June 7th. They set an “overweight” rating and a $270.00 target price for the company. Royal Bank of Canada raised their price target on shares of Union Pacific from $275.00 to $288.00 and gave the stock an “outperform” rating in a research report on Monday. Evercore ISI cut shares of Union Pacific from an “outperform” rating to an “inline” rating and reduced their target price for the company from $254.00 to $247.00 in a research note on Wednesday, September 25th. Finally, TD Cowen lowered their price target on Union Pacific from $259.00 to $255.00 and set a “buy” rating on the stock in a research note on Friday, July 26th. Eight research analysts have rated the stock with a hold rating, eleven have given a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat, Union Pacific has an average rating of “Moderate Buy” and a consensus target price of $259.32.

Insider Buying and Selling

In other Union Pacific news, President Elizabeth F. Whited sold 3,552 shares of Union Pacific stock in a transaction on Tuesday, July 30th. The shares were sold at an average price of $246.59, for a total transaction of $875,887.68. Following the completion of the sale, the president now owns 64,945 shares of the company’s stock, valued at approximately $16,014,787.55. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. 0.28% of the stock is currently owned by insiders.

Union Pacific Price Performance

NYSE UNP traded down $1.77 on Friday, hitting $238.86. 2,137,897 shares of the company were exchanged, compared to its average volume of 2,288,305. The company has a current ratio of 1.05, a quick ratio of 0.86 and a debt-to-equity ratio of 1.89. The firm has a 50 day moving average of $246.21 and a two-hundred day moving average of $238.87. Union Pacific Co. has a 1-year low of $199.33 and a 1-year high of $258.66. The company has a market cap of $145.51 billion, a P/E ratio of 22.82, a P/E/G ratio of 2.24 and a beta of 1.05.

Union Pacific (NYSE:UNP) last released its earnings results on Thursday, July 25th. The railroad operator reported $2.74 earnings per share for the quarter, topping analysts’ consensus estimates of $2.71 by $0.03. The company had revenue of $6.01 billion during the quarter, compared to the consensus estimate of $6.05 billion. Union Pacific had a return on equity of 42.62% and a net margin of 26.90%. The firm’s quarterly revenue was up .7% on a year-over-year basis. During the same quarter in the previous year, the company posted $2.57 earnings per share. On average, equities analysts predict that Union Pacific Co. will post 11.1 EPS for the current year.

Union Pacific Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, September 30th. Stockholders of record on Friday, August 30th were given a dividend of $1.34 per share. This is a boost from Union Pacific’s previous quarterly dividend of $1.30. The ex-dividend date was Friday, August 30th. This represents a $5.36 annualized dividend and a dividend yield of 2.24%. Union Pacific’s payout ratio is currently 51.15%.

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, 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.