First American Trust FSB Has $9.59 Million Holdings in Union Pacific Co. (NYSE:UNP)

First American Trust FSB lowered its stake in shares of Union Pacific Co. (NYSE:UNP) by 0.6% in the fourth quarter, according to its most recent 13F filing with the SEC. The fund owned 42,055 shares of the railroad operator’s stock after selling 251 shares during the period. First American Trust FSB’s holdings in Union Pacific were worth $9,590,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Compass Financial Services Inc purchased a new position in shares of Union Pacific during the fourth quarter valued at approximately $25,000. Synergy Asset Management LLC bought a new position in Union Pacific during the 4th quarter valued at $29,000. Dunhill Financial LLC boosted its holdings in Union Pacific by 111.5% during the 3rd quarter. Dunhill Financial LLC now owns 129 shares of the railroad operator’s stock worth $32,000 after acquiring an additional 68 shares during the last quarter. PrairieView Partners LLC bought a new stake in shares of Union Pacific in the 4th quarter worth $34,000. Finally, Kentucky Trust Co purchased a new stake in shares of Union Pacific in the fourth quarter valued at about $40,000. 80.38% of the stock is owned by institutional investors.

Insider Activity

In related news, EVP Craig V. Richardson sold 6,495 shares of the stock in a transaction on Monday, January 27th. The stock was sold at an average price of $252.00, for a total value of $1,636,740.00. Following the sale, the executive vice president now owns 26,319 shares in the company, valued at approximately $6,632,388. This trade represents a 19.79 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, President Elizabeth F. Whited sold 7,500 shares of Union Pacific stock in a transaction on Friday, January 24th. The shares were sold at an average price of $250.00, for a total value of $1,875,000.00. Following the sale, the president now directly owns 64,960 shares of the company’s stock, valued at $16,240,000. This represents a 10.35 % decrease in their position. The disclosure for this sale can be found here. 0.28% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

A number of brokerages have issued reports on UNP. Guggenheim upped their price objective on shares of Union Pacific from $266.00 to $275.00 and gave the stock a “buy” rating in a research report on Friday, January 24th. Citigroup upped their target price on Union Pacific from $254.00 to $260.00 and gave the company a “neutral” rating in a report on Friday, January 24th. TD Cowen increased their price target on Union Pacific from $245.00 to $258.00 and gave the company a “buy” rating in a research report on Friday, January 24th. Raymond James reissued a “strong-buy” rating and issued a $285.00 price objective (up previously from $265.00) on shares of Union Pacific in a research report on Friday, January 24th. Finally, Loop Capital lowered Union Pacific from a “hold” rating to a “sell” rating and decreased their target price for the company from $265.00 to $200.00 in a research report on Monday, February 3rd. One analyst has rated the stock with a sell rating, seven have assigned a hold rating, thirteen have issued a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $263.00.

Union Pacific Stock Up 0.6 %

Union Pacific stock opened at $235.20 on Tuesday. The firm has a market capitalization of $142.13 billion, a price-to-earnings ratio of 21.21, a P/E/G ratio of 2.15 and a beta of 1.05. The firm has a 50 day simple moving average of $242.85 and a 200 day simple moving average of $239.83. Union Pacific Co. has a 1-year low of $218.55 and a 1-year high of $258.07. The company has a current ratio of 0.77, a quick ratio of 0.62 and a debt-to-equity ratio of 1.76.

Union Pacific (NYSE:UNP) last announced its quarterly earnings results on Thursday, January 23rd. The railroad operator reported $2.91 earnings per share for the quarter, beating the consensus estimate of $2.76 by $0.15. Union Pacific had a return on equity of 41.12% and a net margin of 27.82%. During the same period in the previous year, the firm earned $2.71 earnings per share. On average, analysts predict that Union Pacific Co. will post 11.99 earnings per share for the current year.

Union Pacific Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, March 31st. Stockholders of record on Friday, February 28th will be issued a $1.34 dividend. This represents a $5.36 dividend on an annualized basis and a dividend yield of 2.28%. The ex-dividend date of this dividend is Friday, February 28th. Union Pacific’s payout ratio is 48.33%.

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.