Trading Report: The Community Bank & Trust Waco Texas invests in Union Pacific Corp. (UNP) Shares

The Community Bank & Trust Waco Texas invests in Union Pacific Corp. (UNP) Shares

Community Bank & Trust Waco Texas raised its position in Union Pacific Corp. (NYSE:UNP) by 0.5% during the second quarter, Holdings Channel reports. The institutional investor owned 23,452 shares of the railroad operator’s stock after buying an additional 109 shares during the period. Community Bank & Trust Waco Texas’ holdings in Union Pacific Corp. were worth $2,046,000 as of its most recent filing with the SEC.

Other large investors have also added to or reduced their stakes in the company. Arvest Bank Trust Division raised its stake in shares of Union Pacific Corp. by 2.8% in the first quarter. Arvest Bank Trust Division now owns 258,668 shares of the railroad operator’s stock worth $20,577,000 after buying an additional 7,093 shares in the last quarter. Factory Mutual Insurance Co. raised its stake in shares of Union Pacific Corp. by 5.3% in the first quarter. Factory Mutual Insurance Co. now owns 950,500 shares of the railroad operator’s stock worth $75,612,000 after buying an additional 47,500 shares in the last quarter. Commonwealth Equity Services Inc raised its stake in shares of Union Pacific Corp. by 1.5% in the first quarter. Commonwealth Equity Services Inc now owns 121,964 shares of the railroad operator’s stock worth $9,702,000 after buying an additional 1,854 shares in the last quarter. Sarasin & Partners LLP purchased a new stake in shares of Union Pacific Corp. during the first quarter worth about $28,614,000. Finally, Aperio Group LLC raised its stake in shares of Union Pacific Corp. by 32.5% in the first quarter. Aperio Group LLC now owns 385,903 shares of the railroad operator’s stock worth $30,699,000 after buying an additional 94,559 shares in the last quarter. 78.14% of the stock is currently owned by institutional investors.

Shares of Union Pacific Corp. (NYSE:UNP) traded down 0.28% during midday trading on Friday, reaching $98.07. The company had a trading volume of 3,275,299 shares. The company has a 50 day moving average of $95.28 and a 200 day moving average of $88.93. Union Pacific Corp. has a one year low of $67.06 and a one year high of $98.84. The company has a market capitalization of $81.68 billion, a PE ratio of 19.09 and a beta of 0.84.

Union Pacific Corp. (NYSE:UNP) last announced its quarterly earnings data on Thursday, July 21st. The railroad operator reported $1.17 earnings per share for the quarter, meeting the consensus estimate of $1.17. Union Pacific Corp. had a return on equity of 21.29% and a net margin of 21.48%. The business earned $4.77 billion during the quarter, compared to analyst estimates of $4.80 billion. During the same period in the prior year, the company earned $1.38 earnings per share. Union Pacific Corp.’s revenue was down 12.1% compared to the same quarter last year. Analysts predict that Union Pacific Corp. will post $5.04 EPS for the current fiscal year.

The company also recently disclosed a quarterly dividend, which was paid on Friday, September 30th. Shareholders of record on Wednesday, August 31st were issued a dividend of $0.55 per share. This represents a $2.20 annualized dividend and a yield of 2.24%. The ex-dividend date was Monday, August 29th. Union Pacific Corp.’s dividend payout ratio (DPR) is 42.80%.

A number of equities research analysts recently issued reports on UNP shares. Vetr lowered Union Pacific Corp. from a “hold” rating to a “sell” rating and set a $90.44 target price on the stock. in a research report on Wednesday, August 17th. Zacks Investment Research upgraded Union Pacific Corp. from a “hold” rating to a “buy” rating and set a $109.00 price target for the company in a research note on Tuesday. Citigroup Inc. set a $106.00 price target on Union Pacific Corp. and gave the company a “buy” rating in a research note on Tuesday, September 13th. Barclays PLC raised their price target on Union Pacific Corp. from $91.00 to $104.00 and gave the company an “equal weight” rating in a research note on Monday, September 12th. Finally, Argus restated a “buy” rating and issued a $100.00 price target on shares of Union Pacific Corp. in a research note on Monday, July 25th. Three equities research analysts have rated the stock with a sell rating, nine have assigned a hold rating and fourteen have given a buy rating to the company. The stock has an average rating of “Hold” and a consensus price target of $96.12.

In other news, EVP Robert M. Knight, Jr. sold 5,000 shares of the firm’s stock in a transaction on Wednesday, September 7th. The stock was sold at an average price of $97.00, for a total value of $485,000.00. Following the completion of the transaction, the executive vice president now directly owns 150,660 shares of the company’s stock, valued at $14,614,020. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP Robert M. Knight, Jr. sold 10,000 shares of the firm’s stock in a transaction on Thursday, September 1st. The stock was sold at an average price of $95.24, for a total value of $952,400.00. Following the completion of the transaction, the executive vice president now directly owns 150,660 shares of the company’s stock, valued at $14,348,858.40. The disclosure for this sale can be found here. Company insiders own 0.14% of the company’s stock.

About Union Pacific Corp.

Union Pacific Corporation operates through its principal operating company, Union Pacific Railroad Company. Union Pacific Railroad Company links approximately 20 states in the western two-thirds of the country by rail, providing link in the supply chain. The Company’s business mix includes agricultural products, automotive, chemicals, coal, industrial products and intermodal.

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