Charles Schwab Trust Co Trims Stake in Union Pacific Co. (NYSE:UNP)

Charles Schwab Trust Co lessened its stake in shares of Union Pacific Co. (NYSE:UNP) by 15.7% during the first quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 2,051 shares of the railroad operator’s stock after selling 382 shares during the quarter. Charles Schwab Trust Co’s holdings in Union Pacific were worth $485,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. Union Bancaire Privee UBP SA acquired a new position in Union Pacific during the fourth quarter valued at approximately $20,683,000. Brown Lisle Cummings Inc. boosted its position in Union Pacific by 139.6% in the 4th quarter. Brown Lisle Cummings Inc. now owns 460 shares of the railroad operator’s stock valued at $105,000 after buying an additional 268 shares during the last quarter. Sargent Investment Group LLC grew its stake in shares of Union Pacific by 1.7% during the fourth quarter. Sargent Investment Group LLC now owns 3,656 shares of the railroad operator’s stock valued at $829,000 after acquiring an additional 62 shares in the last quarter. Retirement Systems of Alabama increased its position in shares of Union Pacific by 3.2% during the fourth quarter. Retirement Systems of Alabama now owns 328,086 shares of the railroad operator’s stock worth $74,817,000 after acquiring an additional 10,162 shares during the last quarter. Finally, Stratos Wealth Partners LTD. lifted its stake in shares of Union Pacific by 2.0% in the fourth quarter. Stratos Wealth Partners LTD. now owns 16,262 shares of the railroad operator’s stock worth $3,709,000 after acquiring an additional 322 shares in the last quarter. Hedge funds and other institutional investors own 80.38% of the company’s stock.

Wall Street Analysts Forecast Growth

UNP has been the topic of a number of recent analyst reports. Deutsche Bank Aktiengesellschaft assumed coverage on shares of Union Pacific in a research note on Friday, March 7th. They issued a “buy” rating and a $295.00 target price on the stock. UBS Group cut their price objective on Union Pacific from $255.00 to $245.00 and set a “neutral” rating on the stock in a research note on Wednesday, April 2nd. Wells Fargo & Company dropped their price target on Union Pacific from $265.00 to $260.00 and set an “overweight” rating on the stock in a research report on Thursday, March 27th. Citigroup upgraded shares of Union Pacific from a “neutral” rating to a “buy” rating and reduced their price target for the stock from $260.00 to $244.00 in a research report on Tuesday, April 8th. Finally, Jefferies Financial Group decreased their target price on Union Pacific from $255.00 to $230.00 and set a “hold” rating for the company in a research note on Wednesday, April 9th. One analyst has rated the stock with a sell rating, seven have assigned a hold rating, fifteen have assigned a buy rating and two have given a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $257.74.

Union Pacific Price Performance

UNP stock opened at $220.91 on Thursday. The company has a current ratio of 0.77, a quick ratio of 0.62 and a debt-to-equity ratio of 1.76. The firm has a market capitalization of $131.99 billion, a PE ratio of 19.92, a P/E/G ratio of 2.15 and a beta of 1.07. Union Pacific Co. has a one year low of $204.66 and a one year high of $258.07. The firm has a 50-day moving average of $220.85 and a two-hundred day moving average of $232.39.

Union Pacific (NYSE:UNP) last announced its quarterly earnings data on Thursday, April 24th. The railroad operator reported $2.70 EPS for the quarter, missing analysts’ consensus estimates of $2.73 by ($0.03). Union Pacific had a return on equity of 41.12% and a net margin of 27.82%. The business had revenue of $6.03 billion for the quarter, compared to analyst estimates of $6.11 billion. During the same quarter in the previous year, the business posted $2.69 earnings per share. The company’s revenue was down .1% compared to the same quarter last year. On average, analysts forecast that Union Pacific Co. will post 11.99 earnings per share for the current year.

Union Pacific Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, June 30th. Investors of record on Friday, May 30th will be issued a $1.34 dividend. This represents a $5.36 dividend on an annualized basis and a yield of 2.43%. The ex-dividend date is Friday, May 30th. Union Pacific’s dividend payout ratio is presently 48.29%.

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.