Community Bank N.A. Has $2.30 Million Stock Position in Union Pacific Co. (NYSE:UNP)

Community Bank N.A. reduced its holdings in shares of Union Pacific Co. (NYSE:UNP) by 3.6% in the 3rd quarter, Holdings Channel.com reports. The fund owned 9,344 shares of the railroad operator’s stock after selling 350 shares during the period. Community Bank N.A.’s holdings in Union Pacific were worth $2,303,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Mather Group LLC. boosted its stake in shares of Union Pacific by 6.6% during the 2nd quarter. Mather Group LLC. now owns 3,806 shares of the railroad operator’s stock worth $936,000 after buying an additional 236 shares during the last quarter. Olistico Wealth LLC acquired a new position in Union Pacific during the second quarter valued at approximately $106,000. Kingswood Wealth Advisors LLC increased its position in shares of Union Pacific by 2.0% during the 2nd quarter. Kingswood Wealth Advisors LLC now owns 6,411 shares of the railroad operator’s stock worth $1,451,000 after purchasing an additional 126 shares during the last quarter. Park Avenue Securities LLC raised its stake in shares of Union Pacific by 1.4% during the 2nd quarter. Park Avenue Securities LLC now owns 31,275 shares of the railroad operator’s stock worth $7,076,000 after purchasing an additional 442 shares in the last quarter. Finally, Sunflower Bank N.A. boosted its holdings in shares of Union Pacific by 2.9% in the 2nd quarter. Sunflower Bank N.A. now owns 5,733 shares of the railroad operator’s stock valued at $1,297,000 after buying an additional 160 shares during the last quarter. 80.38% of the stock is currently owned by institutional investors and hedge funds.

Union Pacific Stock Down 0.2 %

Shares of UNP opened at $244.66 on Monday. The company has a current ratio of 0.77, a quick ratio of 0.63 and a debt-to-equity ratio of 1.79. The stock has a market capitalization of $148.33 billion, a PE ratio of 22.47, a P/E/G ratio of 2.42 and a beta of 1.06. The firm’s 50 day moving average is $240.12 and its 200-day moving average is $238.45. Union Pacific Co. has a 12 month low of $218.55 and a 12 month high of $258.66.

Union Pacific (NYSE:UNP) last released its earnings results on Thursday, October 24th. The railroad operator reported $2.75 earnings per share for the quarter, missing analysts’ consensus estimates of $2.78 by ($0.03). Union Pacific had a net margin of 27.33% and a return on equity of 41.79%. The company had revenue of $6.09 billion for the quarter, compared to the consensus estimate of $6.14 billion. During the same quarter in the previous year, the company posted $2.51 earnings per share. The business’s revenue was up 2.5% compared to the same quarter last year. Equities research analysts forecast that Union Pacific Co. will post 10.94 EPS for the current year.

Union Pacific Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, December 30th. Shareholders of record on Monday, December 9th will be issued a $1.34 dividend. This represents a $5.36 annualized dividend and a yield of 2.19%. The ex-dividend date of this dividend is Monday, December 9th. Union Pacific’s dividend payout ratio is currently 49.22%.

Analyst Upgrades and Downgrades

UNP has been the topic of several analyst reports. JPMorgan Chase & Co. dropped their price target on shares of Union Pacific from $263.00 to $252.00 and set a “neutral” rating on the stock in a research report on Friday, October 25th. Susquehanna dropped their target price on shares of Union Pacific from $260.00 to $255.00 and set a “neutral” rating on the stock in a report on Friday, October 25th. Royal Bank of Canada reduced their price target on Union Pacific from $288.00 to $283.00 and set an “outperform” rating for the company in a report on Friday, October 25th. Sanford C. Bernstein dropped their price objective on Union Pacific from $277.00 to $272.00 and set an “outperform” rating on the stock in a research note on Wednesday, October 9th. Finally, Daiwa America cut Union Pacific from a “moderate buy” rating to a “hold” rating in a research report on Wednesday, September 4th. Nine investment analysts have rated the stock with a hold rating, eleven have assigned a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat, Union Pacific presently has an average rating of “Moderate Buy” and an average price target of $259.80.

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.