Arvest Bank Trust Division Sells 1,291 Shares of Union Pacific Co. (NYSE:UNP)

Arvest Bank Trust Division lessened its holdings in shares of Union Pacific Co. (NYSE:UNP - Free Report) by 1.9% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 66,381 shares of the railroad operator's stock after selling 1,291 shares during the quarter. Arvest Bank Trust Division's holdings in Union Pacific were worth $15,138,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. World Investment Advisors LLC lifted its position in Union Pacific by 103.1% during the 3rd quarter. World Investment Advisors LLC now owns 35,581 shares of the railroad operator's stock worth $8,770,000 after buying an additional 18,060 shares in the last quarter. abrdn plc grew its stake in Union Pacific by 9.3% in the fourth quarter. abrdn plc now owns 415,874 shares of the railroad operator's stock valued at $94,588,000 after purchasing an additional 35,414 shares in the last quarter. Wealth Enhancement Advisory Services LLC increased its position in shares of Union Pacific by 2.8% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 179,925 shares of the railroad operator's stock worth $44,348,000 after purchasing an additional 4,939 shares during the last quarter. Border to Coast Pensions Partnership Ltd boosted its holdings in shares of Union Pacific by 24.2% in the 4th quarter. Border to Coast Pensions Partnership Ltd now owns 277,267 shares of the railroad operator's stock valued at $63,185,000 after buying an additional 53,946 shares during the last quarter. Finally, Pensionfund Sabic grew its stake in shares of Union Pacific by 61.5% in the fourth quarter. Pensionfund Sabic now owns 10,500 shares of the railroad operator's stock valued at $2,394,000 after buying an additional 4,000 shares in the last quarter. 80.38% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Several research firms have commented on UNP. Citigroup upgraded shares of Union Pacific from a "neutral" rating to a "buy" rating and decreased their price objective for the company from $260.00 to $244.00 in a report on Tuesday, April 8th. TD Cowen upped their target price on Union Pacific from $245.00 to $258.00 and gave the company a "buy" rating in a research report on Friday, January 24th. Raymond James reduced their price target on Union Pacific from $285.00 to $260.00 and set a "strong-buy" rating for the company in a research note on Friday, April 11th. Redburn Atlantic upgraded Union Pacific from a "neutral" rating to a "buy" rating and set a $259.00 price objective on the stock in a research report on Wednesday, April 16th. Finally, Robert W. Baird boosted their target price on shares of Union Pacific from $260.00 to $265.00 and gave the company an "outperform" rating in a research report on Friday, January 24th. One research analyst has rated the stock with a sell rating, seven have assigned a hold rating, fourteen have assigned a buy rating and one has issued a strong buy rating to the company's stock. According to MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $257.50.

Insider Transactions at Union Pacific

In other Union Pacific news, EVP Craig V. Richardson sold 6,495 shares of Union Pacific stock in a transaction dated 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 sale, the executive vice president now owns 26,319 shares of the company's stock, valued at approximately $6,632,388. The trade was a 19.79 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, 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 sale, the president now owns 64,960 shares of the company's stock, valued at approximately $16,240,000. The trade was a 10.35 % decrease in their position. The disclosure for this sale can be found here. Company insiders own 0.28% of the company's stock.

Union Pacific Trading Up 0.6 %

Shares of Union Pacific stock traded up $1.40 during midday trading on Tuesday, reaching $217.45. The company had a trading volume of 924,062 shares, compared to its average volume of 2,538,880. The company has a debt-to-equity ratio of 1.76, a current ratio of 0.77 and a quick ratio of 0.62. The stock has a fifty day moving average price of $234.38 and a 200 day moving average price of $236.23. Union Pacific Co. has a fifty-two week low of $204.66 and a fifty-two week high of $258.07. The firm has a market cap of $130.32 billion, a PE ratio of 19.61, a P/E/G ratio of 2.15 and a beta of 1.06.

Union Pacific (NYSE:UNP - Get Free Report) last issued its earnings results on Thursday, January 23rd. The railroad operator reported $2.91 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.76 by $0.15. Union Pacific had a net margin of 27.82% and a return on equity of 41.12%. During the same quarter last year, the firm earned $2.71 EPS. On average, equities analysts anticipate that Union Pacific Co. will post 11.99 earnings per share for the current year.

Union Pacific Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, March 31st. Shareholders of record on Friday, February 28th were issued a dividend of $1.34 per share. This represents a $5.36 dividend on an annualized basis and a yield of 2.46%. The ex-dividend date was Friday, February 28th. Union Pacific's dividend payout ratio is 48.33%.

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.