Union Pacific Co. (NYSE:UNP) Holdings Decreased by First Citizens Bank & Trust Co.

First Citizens Bank & Trust Co. cut its stake in Union Pacific Co. (NYSE:UNP) by 24.1% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 50,297 shares of the railroad operator’s stock after selling 15,967 shares during the period. First Citizens Bank & Trust Co.’s holdings in Union Pacific were worth $11,470,000 at the end of the most recent reporting period.

A number of other hedge funds have also made changes to their positions in UNP. Strategic Investment Solutions Inc. IL bought a new stake in Union Pacific in the second quarter worth about $28,000. Catalyst Capital Advisors LLC acquired a new stake in Union Pacific during the 3rd quarter valued at $30,000. Jamison Private Wealth Management Inc. raised its position in Union Pacific by 265.7% during the third quarter. Jamison Private Wealth Management Inc. now owns 128 shares of the railroad operator’s stock valued at $32,000 after buying an additional 93 shares during the period. Peterson Financial Group Inc. purchased a new stake in shares of Union Pacific in the third quarter worth approximately $32,000. Finally, Dunhill Financial LLC boosted its stake in shares of Union Pacific by 111.5% during the 3rd quarter. Dunhill Financial LLC now owns 129 shares of the railroad operator’s stock valued at $32,000 after buying an additional 68 shares during the period. Institutional investors and hedge funds own 80.38% of the company’s stock.

Analyst Ratings Changes

UNP has been the topic of several recent research reports. Wells Fargo & Company cut their price objective on shares of Union Pacific from $267.00 to $265.00 and set an “overweight” rating on the stock in a research report on Tuesday, January 7th. Guggenheim increased their price objective on Union Pacific from $266.00 to $275.00 and gave the company a “buy” rating in a research report on Friday. Citigroup upped their price objective on shares of Union Pacific from $254.00 to $260.00 and gave the company a “neutral” rating in a research report on Friday. Robert W. Baird lifted their target price on shares of Union Pacific from $260.00 to $265.00 and gave the company an “outperform” rating in a research report on Friday. Finally, Stifel Nicolaus boosted their target price on shares of Union Pacific from $253.00 to $270.00 and gave the company a “buy” rating in a research note on Friday. Nine equities research analysts have rated the stock with a hold rating, twelve have given a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $262.57.

Union Pacific Stock Performance

UNP opened at $248.94 on Friday. The company has a debt-to-equity ratio of 1.79, a current ratio of 0.77 and a quick ratio of 0.63. The company has a market capitalization of $150.92 billion, a price-to-earnings ratio of 22.86, a P/E/G ratio of 2.12 and a beta of 1.06. Union Pacific Co. has a 1 year low of $218.55 and a 1 year high of $258.66. The business’s 50-day moving average price is $234.05 and its two-hundred day moving average price is $239.40.

Union Pacific (NYSE:UNP) last released its earnings results on Thursday, January 23rd. The railroad operator reported $2.91 earnings per share for the quarter, beating analysts’ consensus estimates of $2.76 by $0.15. Union Pacific had a net margin of 27.33% and a return on equity of 41.79%. During the same period in the prior year, the company earned $2.71 earnings per share. Equities analysts expect that Union Pacific Co. will post 10.96 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. Stockholders of record on Monday, December 9th were issued a $1.34 dividend. This represents a $5.36 annualized dividend and a dividend yield of 2.15%. The ex-dividend date of this dividend was Monday, December 9th. Union Pacific’s payout ratio is presently 49.22%.

About Union Pacific

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.