Union Pacific Co. (NYSE:UNP) Shares Sold by Webster Bank N. A.

Webster Bank N. A. reduced its stake in shares of Union Pacific Co. (NYSE:UNPGet Rating) by 5.8% in the 1st quarter, Holdings Channel reports. The fund owned 4,482 shares of the railroad operator’s stock after selling 278 shares during the period. Webster Bank N. A.’s holdings in Union Pacific were worth $1,225,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors also recently made changes to their positions in the company. Rational Advisors LLC lifted its stake in shares of Union Pacific by 127.7% in the 4th quarter. Rational Advisors LLC now owns 107 shares of the railroad operator’s stock valued at $27,000 after purchasing an additional 60 shares during the period. Delos Wealth Advisors LLC acquired a new position in shares of Union Pacific in the fourth quarter worth about $30,000. Northwest Investment Counselors LLC purchased a new stake in shares of Union Pacific during the 4th quarter worth about $32,000. Ahrens Investment Partners LLC purchased a new stake in shares of Union Pacific during the 4th quarter worth about $36,000. Finally, Retirement Planning Co of New England Inc. acquired a new stake in shares of Union Pacific during the 4th quarter valued at about $38,000. 80.26% of the stock is owned by institutional investors.

Shares of UNP stock opened at $208.99 on Thursday. The company has a debt-to-equity ratio of 2.58, a current ratio of 0.71 and a quick ratio of 0.58. The company has a market capitalization of $131.25 billion, a PE ratio of 19.87, a price-to-earnings-growth ratio of 1.78 and a beta of 1.22. The firm’s 50-day moving average is $225.41 and its two-hundred day moving average is $242.01. Union Pacific Co. has a 12 month low of $195.68 and a 12 month high of $278.94.

Union Pacific (NYSE:UNPGet Rating) last released its quarterly earnings results on Thursday, April 21st. The railroad operator reported $2.57 EPS for the quarter, beating the consensus estimate of $2.55 by $0.02. The firm had revenue of $5.86 billion for the quarter, compared to analyst estimates of $5.76 billion. Union Pacific had a net margin of 30.06% and a return on equity of 50.20%. The business’s revenue for the quarter was up 17.2% compared to the same quarter last year. During the same quarter in the previous year, the company earned $2.00 EPS. Sell-side analysts forecast that Union Pacific Co. will post 11.61 EPS for the current year.

The firm also recently declared a quarterly dividend, which will be paid on Thursday, June 30th. Stockholders of record on Tuesday, May 31st will be paid a $1.30 dividend. This represents a $5.20 annualized dividend and a dividend yield of 2.49%. The ex-dividend date of this dividend is Friday, May 27th. This is a positive change from Union Pacific’s previous quarterly dividend of $1.18. Union Pacific’s dividend payout ratio is 49.43%.

Several brokerages have commented on UNP. Royal Bank of Canada lowered Union Pacific from an “outperform” rating to a “sector perform” rating and dropped their price objective for the company from $271.00 to $258.00 in a report on Thursday, March 17th. The Goldman Sachs Group boosted their price target on shares of Union Pacific from $271.00 to $276.00 in a report on Thursday, April 21st. Bank of America cut shares of Union Pacific from a “buy” rating to a “neutral” rating and set a $258.00 price objective for the company. in a research report on Friday, April 8th. Barclays dropped their target price on shares of Union Pacific from $290.00 to $255.00 and set an “overweight” rating on the stock in a research report on Tuesday. Finally, TD Securities upped their price target on shares of Union Pacific from $265.00 to $275.00 and gave the stock a “hold” rating in a research report on Friday, April 22nd. Eight equities research analysts have rated the stock with a hold rating, twelve have issued a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat.com, Union Pacific currently has an average rating of “Moderate Buy” and an average target price of $264.23.

In related news, EVP Kenyatta G. Rocker sold 4,018 shares of the firm’s stock in a transaction dated Thursday, April 21st. The stock was sold at an average price of $250.00, for a total transaction of $1,004,500.00. Following the completion of the sale, the executive vice president now directly owns 41,177 shares of the company’s stock, valued at approximately $10,294,250. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Corporate insiders own 0.28% of the company’s stock.

Union Pacific Company Profile (Get Rating)

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, and other agricultural users; petroleum, and liquid petroleum gases; and construction products, industrial chemicals, plastics, forest products, specialized products, metals and ores, soda ash, and sand, as well as finished automobiles, automotive parts, and merchandise in intermodal containers.

Further Reading

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

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