Union Pacific Co. (NYSE:UNP) Shares Sold by Huntington National Bank

Huntington National Bank trimmed its holdings in Union Pacific Co. (NYSE:UNP) by 5.6% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 179,377 shares of the railroad operator’s stock after selling 10,693 shares during the period. Huntington National Bank’s holdings in Union Pacific were worth $20,802,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. Vanguard Group Inc. raised its position in shares of Union Pacific by 1.9% during the 2nd quarter. Vanguard Group Inc. now owns 61,505,708 shares of the railroad operator’s stock valued at $6,698,588,000 after acquiring an additional 1,146,109 shares in the last quarter. BlackRock Inc. raised its position in shares of Union Pacific by 0.3% during the 2nd quarter. BlackRock Inc. now owns 50,764,821 shares of the railroad operator’s stock valued at $5,528,796,000 after acquiring an additional 141,521 shares in the last quarter. FMR LLC raised its position in shares of Union Pacific by 84.6% during the 2nd quarter. FMR LLC now owns 9,603,068 shares of the railroad operator’s stock valued at $1,045,870,000 after acquiring an additional 4,399,980 shares in the last quarter. TIAA CREF Investment Management LLC raised its position in shares of Union Pacific by 0.6% during the 2nd quarter. TIAA CREF Investment Management LLC now owns 7,948,391 shares of the railroad operator’s stock valued at $865,659,000 after acquiring an additional 46,298 shares in the last quarter. Finally, Capital World Investors raised its position in shares of Union Pacific by 0.7% during the 2nd quarter. Capital World Investors now owns 7,328,002 shares of the railroad operator’s stock valued at $798,093,000 after acquiring an additional 50,000 shares in the last quarter. 78.45% of the stock is currently owned by institutional investors.

Union Pacific Co. (NYSE UNP) traded up $0.82 during trading hours on Friday, hitting $141.17. The stock had a trading volume of 3,268,832 shares, compared to its average volume of 5,300,000. Union Pacific Co. has a 12 month low of $101.06 and a 12 month high of $141.81. The company has a market capitalization of $111,120.00, a PE ratio of 24.99, a price-to-earnings-growth ratio of 1.96 and a beta of 0.90. The company has a debt-to-equity ratio of 0.83, a quick ratio of 0.97 and a current ratio of 1.16.

Union Pacific (NYSE:UNP) last released its quarterly earnings results on Thursday, October 26th. The railroad operator reported $1.50 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $1.49 by $0.01. Union Pacific had a return on equity of 23.35% and a net margin of 21.84%. The company had revenue of $5.41 billion during the quarter, compared to analysts’ expectations of $5.32 billion. During the same quarter in the prior year, the business posted $1.36 earnings per share. The company’s revenue for the quarter was up 4.5% compared to the same quarter last year. equities analysts expect that Union Pacific Co. will post 5.79 EPS for the current fiscal year.

The company also recently disclosed a quarterly dividend, which was paid on Thursday, December 28th. Stockholders of record on Thursday, November 30th were issued a $0.665 dividend. This is a positive change from Union Pacific’s previous quarterly dividend of $0.61. The ex-dividend date was Wednesday, November 29th. This represents a $2.66 annualized dividend and a dividend yield of 1.88%. Union Pacific’s dividend payout ratio is 47.08%.

UNP has been the topic of several research reports. Argus upped their price target on Union Pacific from $125.00 to $130.00 and gave the company a “buy” rating in a research report on Tuesday, October 31st. BMO Capital Markets reissued a “buy” rating on shares of Union Pacific in a research report on Friday, October 20th. Zacks Investment Research raised Union Pacific from a “hold” rating to a “buy” rating and set a $130.00 price target on the stock in a research report on Wednesday, November 1st. Barclays reissued a “buy” rating and set a $150.00 price target on shares of Union Pacific in a research report on Wednesday, December 13th. Finally, UBS Group raised Union Pacific from a “neutral” rating to a “buy” rating in a research report on Friday, January 5th. Four equities research analysts have rated the stock with a sell rating, fourteen have assigned a hold rating and seven have assigned a buy rating to the stock. Union Pacific has an average rating of “Hold” and a consensus price target of $122.65.

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Union Pacific Company Profile

Union Pacific Corporation is a railroad operating company in the United States. The Company operates through its principal operating company, Union Pacific Railroad Company (UPRR). Its business mix includes Agricultural Products, Automotive, Chemicals, Coal, Industrial Products and Intermodal. Its freight traffic consists of bulk, manifest, and premium business.

Institutional Ownership by Quarter for Union Pacific (NYSE:UNP)

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