Arvest Bank Trust Division Has $14.80 Million Holdings in Union Pacific Corporation $UNP

Arvest Bank Trust Division decreased its holdings in Union Pacific Corporation (NYSE:UNP) by 0.6% during the 2nd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 64,320 shares of the railroad operator’s stock after selling 390 shares during the quarter. Arvest Bank Trust Division’s holdings in Union Pacific were worth $14,799,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Northern Trust Corp boosted its position in shares of Union Pacific by 2.0% during the first quarter. Northern Trust Corp now owns 7,105,382 shares of the railroad operator’s stock valued at $1,678,575,000 after buying an additional 142,732 shares during the last quarter. Price T Rowe Associates Inc. MD lifted its stake in Union Pacific by 5.4% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 6,949,345 shares of the railroad operator’s stock valued at $1,641,715,000 after acquiring an additional 354,463 shares in the last quarter. Royal Bank of Canada boosted its holdings in Union Pacific by 1.7% during the 1st quarter. Royal Bank of Canada now owns 5,105,784 shares of the railroad operator’s stock worth $1,206,191,000 after acquiring an additional 86,292 shares during the last quarter. Canada Pension Plan Investment Board grew its stake in shares of Union Pacific by 10.8% in the 1st quarter. Canada Pension Plan Investment Board now owns 4,626,200 shares of the railroad operator’s stock worth $1,092,893,000 after acquiring an additional 452,788 shares in the last quarter. Finally, Nuveen LLC purchased a new stake in shares of Union Pacific in the first quarter valued at about $988,822,000. 80.38% of the stock is owned by institutional investors.

Union Pacific Stock Performance

NYSE:UNP opened at $221.48 on Friday. The company has a market capitalization of $131.37 billion, a P/E ratio of 18.82, a P/E/G ratio of 2.27 and a beta of 1.04. The business has a fifty day simple moving average of $224.13 and a two-hundred day simple moving average of $224.52. 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 Corporation has a 1 year low of $204.66 and a 1 year high of $256.84.

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

Analyst Upgrades and Downgrades

Several research analysts recently weighed in on the stock. The Goldman Sachs Group set a $263.00 price target on shares of Union Pacific and gave the stock a “neutral” rating in a report on Thursday, October 23rd. Cowen restated a “buy” rating on shares of Union Pacific in a research note on Friday, October 24th. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Union Pacific in a report on Wednesday, October 8th. UBS Group set a $253.00 price target on Union Pacific and gave the stock a “neutral” rating in a report on Friday, October 3rd. Finally, Sanford C. Bernstein boosted their price objective on Union Pacific from $271.00 to $286.00 and gave the stock an “outperform” rating in a research report on Monday, July 21st. One analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating and eleven have issued a Hold rating to the stock. According to MarketBeat, Union Pacific has a consensus rating of “Moderate Buy” and an average target price of $261.63.

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.