BOK Financial Private Wealth Inc. Sells 1,128 Shares of Union Pacific Corporation $UNP

BOK Financial Private Wealth Inc. lessened its holdings in Union Pacific Corporation (NYSE:UNP) by 12.6% during the second quarter, HoldingsChannel reports. The firm owned 7,827 shares of the railroad operator’s stock after selling 1,128 shares during the quarter. BOK Financial Private Wealth Inc.’s holdings in Union Pacific were worth $1,801,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. Gateway Wealth Partners LLC acquired a new stake in shares of Union Pacific in the 1st quarter valued at approximately $207,000. Pittenger & Anderson Inc. increased its position in Union Pacific by 1.5% during the 1st quarter. Pittenger & Anderson Inc. now owns 91,545 shares of the railroad operator’s stock worth $21,627,000 after purchasing an additional 1,365 shares in the last quarter. Dock Street Asset Management Inc. bought a new position in Union Pacific in the 1st quarter valued at approximately $1,195,000. TFR Capital LLC. acquired a new stake in Union Pacific in the first quarter valued at approximately $282,000. Finally, Marks Group Wealth Management Inc grew its stake in shares of Union Pacific by 4.0% during the first quarter. Marks Group Wealth Management Inc now owns 34,059 shares of the railroad operator’s stock worth $8,046,000 after buying an additional 1,312 shares during the last quarter. Institutional investors and hedge funds own 80.38% of the company’s stock.

Analyst Upgrades and Downgrades

Several brokerages have recently issued reports on UNP. BMO Capital Markets lowered their price target on shares of Union Pacific from $277.00 to $275.00 and set an “outperform” rating for the company in a report on Friday, October 24th. TD Cowen lowered their target price on Union Pacific from $258.00 to $257.00 and set a “buy” rating for the company in a report on Friday, October 24th. Susquehanna reiterated a “positive” rating and issued a $272.00 target price (up from $257.00) on shares of Union Pacific in a research report on Thursday, September 25th. Cowen reissued a “buy” rating on shares of Union Pacific in a research note on Friday, October 24th. Finally, Argus downgraded Union Pacific from a “buy” rating to a “hold” rating in a research note on Tuesday, August 12th. One analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating and eleven have given a Hold rating to the company. Based on data from MarketBeat, Union Pacific currently has a consensus rating of “Moderate Buy” and an average target price of $261.63.

Union Pacific Price Performance

Union Pacific stock opened at $221.65 on Monday. The stock’s 50 day moving average is $224.06 and its 200 day moving average is $224.40. Union Pacific Corporation has a one year low of $204.66 and a one year high of $256.84. The firm has a market cap of $131.47 billion, a P/E ratio of 18.83, a P/E/G ratio of 2.27 and a beta of 1.04. The company has a debt-to-equity ratio of 1.75, a current ratio of 0.75 and a quick ratio of 0.60.

Union Pacific (NYSE:UNP) last released its earnings results on Thursday, October 23rd. The railroad operator reported $3.08 earnings per share for the quarter, beating analysts’ consensus estimates of $2.99 by $0.09. The business had revenue of $6.24 billion during the quarter, compared to the consensus estimate of $6.24 billion. Union Pacific had a net margin of 28.73% and a return on equity of 42.23%. The company’s revenue for the quarter was up 2.5% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $2.75 EPS. As a group, research analysts expect that Union Pacific Corporation will post 11.99 EPS for the current year.

Union Pacific 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.