Union Pacific Corporation (NYSE:UNP) Shares Sold by Simmons Bank

Simmons Bank lessened its position in shares of Union Pacific Corporation (NYSE:UNP - Free Report) by 6.0% during the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 17,350 shares of the railroad operator's stock after selling 1,111 shares during the period. Simmons Bank's holdings in Union Pacific were worth $4,099,000 as of its most recent SEC filing.

Other large investors also recently bought and sold shares of the company. Highline Wealth Partners LLC lifted its holdings in shares of Union Pacific by 103.5% in the 1st quarter. Highline Wealth Partners LLC now owns 116 shares of the railroad operator's stock worth $27,000 after purchasing an additional 59 shares during the last quarter. EnRich Financial Partners LLC bought a new stake in shares of Union Pacific in the 4th quarter worth approximately $31,000. Strategic Investment Solutions Inc. IL lifted its holdings in shares of Union Pacific by 38.8% in the 4th quarter. Strategic Investment Solutions Inc. IL now owns 161 shares of the railroad operator's stock worth $39,000 after purchasing an additional 45 shares during the last quarter. MorganRosel Wealth Management LLC bought a new stake in shares of Union Pacific in the 1st quarter worth approximately $60,000. Finally, Meeder Asset Management Inc. lifted its holdings in shares of Union Pacific by 223.2% in the 4th quarter. Meeder Asset Management Inc. now owns 307 shares of the railroad operator's stock worth $70,000 after purchasing an additional 212 shares during the last quarter. Institutional investors own 80.38% of the company's stock.

Union Pacific Price Performance

Shares of UNP stock traded down $0.72 during mid-day trading on Friday, hitting $236.45. 1,327,641 shares of the stock traded hands, compared to its average volume of 2,723,651. Union Pacific Corporation has a twelve month low of $204.66 and a twelve month high of $258.07. The firm has a market cap of $141.27 billion, a price-to-earnings ratio of 21.30, a price-to-earnings-growth ratio of 2.37 and a beta of 1.05. The company's 50-day simple moving average is $224.00 and its 200-day simple moving average is $230.89. The company has a debt-to-equity ratio of 1.91, a quick ratio of 0.61 and a current ratio of 0.73.

Union Pacific (NYSE:UNP - Get Free Report) last issued its quarterly earnings results on Thursday, April 24th. The railroad operator reported $2.70 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.73 by ($0.03). The firm had revenue of $6.03 billion for the quarter, compared to analyst estimates of $6.11 billion. Union Pacific had a net margin of 27.76% and a return on equity of 40.80%. The firm's revenue for the quarter was down .1% compared to the same quarter last year. During the same quarter last year, the business posted $2.69 earnings per share. As a group, equities research analysts expect that Union Pacific Corporation will post 11.99 earnings per share for the current year.

Union Pacific Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Monday, June 30th. Investors of record on Friday, May 30th were issued a $1.34 dividend. This represents a $5.36 dividend on an annualized basis and a dividend yield of 2.27%. The ex-dividend date was Friday, May 30th. Union Pacific's payout ratio is 48.29%.

Analyst Upgrades and Downgrades

Several brokerages recently issued reports on UNP. Argus raised Union Pacific to a "strong-buy" rating in a report on Friday, May 16th. Barclays cut their price target on Union Pacific from $285.00 to $260.00 and set an "overweight" rating on the stock in a report on Friday, April 25th. Bank of America lifted their target price on Union Pacific from $256.00 to $262.00 and gave the company a "buy" rating in a research note on Friday, May 16th. The Goldman Sachs Group reaffirmed a "neutral" rating and set a $263.00 target price on shares of Union Pacific in a research note on Monday, June 2nd. Finally, Baird R W raised Union Pacific to a "hold" rating in a research note on Tuesday, July 1st. One research analyst has rated the stock with a sell rating, eight have given a hold rating, fifteen have assigned a buy rating and two have issued a strong buy rating to the company's stock. Based on data from MarketBeat, the company has an average rating of "Moderate Buy" and a consensus price target of $256.91.

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.