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

Community Bank N.A. cut its position in Union Pacific Co. (NYSE:UNP) by 3.6% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor 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.

Several other large investors have also recently added to or reduced their stakes in the company. Marshall Wace LLP increased its holdings in Union Pacific by 272.3% during the 2nd quarter. Marshall Wace LLP now owns 1,678,108 shares of the railroad operator’s stock valued at $379,689,000 after purchasing an additional 1,227,318 shares in the last quarter. International Assets Investment Management LLC grew its holdings in shares of Union Pacific by 19,878.6% during the third quarter. International Assets Investment Management LLC now owns 896,040 shares of the railroad operator’s stock worth $220,856,000 after purchasing an additional 891,555 shares during the last quarter. Impax Asset Management Group plc increased its stake in shares of Union Pacific by 2,025.4% in the third quarter. Impax Asset Management Group plc now owns 546,236 shares of the railroad operator’s stock valued at $134,636,000 after buying an additional 520,536 shares in the last quarter. Jennison Associates LLC raised its holdings in shares of Union Pacific by 170.9% in the third quarter. Jennison Associates LLC now owns 736,246 shares of the railroad operator’s stock valued at $181,470,000 after buying an additional 464,477 shares during the last quarter. Finally, Bridges Investment Management Inc. lifted its position in Union Pacific by 186.4% during the 2nd quarter. Bridges Investment Management Inc. now owns 704,769 shares of the railroad operator’s stock worth $159,461,000 after buying an additional 458,664 shares in the last quarter. 80.38% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

UNP has been the subject of a number of research analyst reports. Royal Bank of Canada dropped their target price on shares of Union Pacific from $288.00 to $283.00 and set an “outperform” rating for the company in a research note on Friday, October 25th. Susquehanna reduced their price objective on Union Pacific from $260.00 to $255.00 and set a “neutral” rating on the stock in a report on Friday, October 25th. Evercore ISI cut Union Pacific from an “outperform” rating to an “inline” rating and lowered their target price for the company from $254.00 to $247.00 in a research note on Wednesday, September 25th. Wells Fargo & Company decreased their price target on Union Pacific from $270.00 to $255.00 and set an “overweight” rating on the stock in a report on Friday, October 25th. Finally, Stifel Nicolaus dropped their price objective on Union Pacific from $265.00 to $262.00 and set a “buy” rating for the company in a report on Friday, October 25th. Nine research analysts have rated the stock with a hold rating, eleven have given a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat.com, Union Pacific presently has a consensus rating of “Moderate Buy” and an average price target of $259.80.

Union Pacific Trading Down 0.2 %

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

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

Union Pacific Announces Dividend

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

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.