Trust Co of Kansas cut its position in shares of Union Pacific Co. (NYSE:UNP – Free Report) by 66.3% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,536 shares of the railroad operator’s stock after selling 3,028 shares during the period. Trust Co of Kansas’ holdings in Union Pacific were worth $350,000 as of its most recent SEC filing.
Several other institutional investors have also made changes to their positions in the company. FARMERS & MERCHANTS TRUST Co OF LONG BEACH lifted its stake in shares of Union Pacific by 5.4% in the 4th quarter. FARMERS & MERCHANTS TRUST Co OF LONG BEACH now owns 3,368 shares of the railroad operator’s stock valued at $768,000 after purchasing an additional 173 shares during the last quarter. Dakota Community Bank & Trust NA lifted its position in shares of Union Pacific by 2.8% in the fourth quarter. Dakota Community Bank & Trust NA now owns 1,786 shares of the railroad operator’s stock worth $407,000 after buying an additional 49 shares during the last quarter. O Keefe Stevens Advisory Inc. boosted its stake in shares of Union Pacific by 16.8% during the 4th quarter. O Keefe Stevens Advisory Inc. now owns 17,706 shares of the railroad operator’s stock worth $4,038,000 after acquiring an additional 2,548 shares in the last quarter. Brooklyn Investment Group increased its holdings in shares of Union Pacific by 1.2% during the 4th quarter. Brooklyn Investment Group now owns 4,727 shares of the railroad operator’s stock valued at $1,078,000 after acquiring an additional 54 shares during the last quarter. Finally, Whitener Capital Management Inc. raised its stake in shares of Union Pacific by 8.5% in the 4th quarter. Whitener Capital Management Inc. now owns 2,992 shares of the railroad operator’s stock valued at $682,000 after acquiring an additional 234 shares in the last quarter. 80.38% of the stock is currently owned by institutional investors and hedge funds.
Analyst Upgrades and Downgrades
A number of equities research analysts have issued reports on UNP shares. JPMorgan Chase & Co. decreased their target price on Union Pacific from $263.00 to $252.00 and set a “neutral” rating for the company in a research report on Friday, October 25th. Stifel Nicolaus decreased their price objective on shares of Union Pacific from $262.00 to $253.00 and set a “buy” rating for the company in a report on Thursday. BMO Capital Markets lowered their target price on shares of Union Pacific from $280.00 to $275.00 and set an “outperform” rating on the stock in a research note on Friday, September 20th. Raymond James boosted their target price on shares of Union Pacific from $260.00 to $265.00 and gave the stock a “strong-buy” rating in a research report on Friday, January 10th. Finally, Susquehanna lowered their price target on Union Pacific from $260.00 to $255.00 and set a “neutral” rating on the stock in a research report on Friday, October 25th. Nine research analysts have rated the stock with a hold rating, eleven have assigned a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat, Union Pacific presently has an average rating of “Moderate Buy” and an average target price of $259.35.
Union Pacific Price Performance
Shares of Union Pacific stock opened at $233.99 on Friday. The firm has a market cap of $141.86 billion, a P/E ratio of 21.49, a price-to-earnings-growth ratio of 2.02 and a beta of 1.06. The firm’s 50-day simple moving average is $233.98 and its 200-day simple moving average is $238.79. Union Pacific Co. has a twelve month low of $218.55 and a twelve month high of $258.66. The company has a debt-to-equity ratio of 1.79, a quick ratio of 0.63 and a current ratio of 0.77.
Union Pacific (NYSE:UNP – Get Free Report) last released its quarterly earnings data on Thursday, October 24th. The railroad operator reported $2.75 earnings per share for the quarter, missing analysts’ consensus estimates 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 net margin of 27.33% and a return on equity of 41.79%. The firm’s revenue for the quarter was up 2.5% compared to the same quarter last year. During the same period in the previous year, the firm posted $2.51 earnings per share. As a group, research analysts expect that Union Pacific Co. will post 10.95 EPS for the current fiscal year.
Union Pacific Dividend Announcement
The business also recently disclosed a quarterly dividend, which was paid on Monday, December 30th. Shareholders of record on Monday, December 9th were issued a dividend of $1.34 per share. The ex-dividend date of this dividend was Monday, December 9th. This represents a $5.36 dividend on an annualized basis and a dividend yield of 2.29%. Union Pacific’s payout ratio is presently 49.22%.
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.
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