Colonial Trust Advisors Sells 2,237 Shares of Union Pacific Corporation $UNP

Colonial Trust Advisors trimmed its holdings in Union Pacific Corporation (NYSE:UNP) by 3.3% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 65,502 shares of the railroad operator’s stock after selling 2,237 shares during the period. Union Pacific accounts for approximately 1.1% of Colonial Trust Advisors’ holdings, making the stock its 21st largest position. Colonial Trust Advisors’ holdings in Union Pacific were worth $15,152,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in the business. Capital World Investors boosted its holdings in shares of Union Pacific by 92.1% during the 4th quarter. Capital World Investors now owns 20,136,349 shares of the railroad operator’s stock worth $4,658,142,000 after buying an additional 9,655,306 shares during the period. Norges Bank bought a new stake in shares of Union Pacific during the 4th quarter worth $1,779,907,000. Capital Research Global Investors boosted its holdings in shares of Union Pacific by 95.0% during the 3rd quarter. Capital Research Global Investors now owns 8,713,196 shares of the railroad operator’s stock worth $2,059,538,000 after buying an additional 4,244,226 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its holdings in shares of Union Pacific by 72.7% during the 3rd quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 9,177,002 shares of the railroad operator’s stock worth $2,169,168,000 after buying an additional 3,861,636 shares during the period. Finally, EdgePoint Investment Group Inc. bought a new stake in shares of Union Pacific during the 3rd quarter worth $408,592,000. 80.38% of the stock is owned by institutional investors.

Union Pacific Trading Up 0.6%

Shares of Union Pacific stock opened at $268.50 on Friday. The stock has a market capitalization of $159.41 billion, a P/E ratio of 22.12, a price-to-earnings-growth ratio of 2.83 and a beta of 0.97. The company has a quick ratio of 0.73, a current ratio of 0.92 and a debt-to-equity ratio of 1.53. The company has a 50-day simple moving average of $261.64 and a 200 day simple moving average of $248.52. Union Pacific Corporation has a 12-month low of $210.84 and a 12-month high of $279.70.

Union Pacific (NYSE:UNP) last announced its earnings results on Thursday, April 23rd. The railroad operator reported $2.93 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.86 by $0.07. The business had revenue of $6.22 billion during the quarter, compared to analysts’ expectations of $6.12 billion. Union Pacific had a net margin of 29.20% and a return on equity of 39.58%. The firm’s revenue for the quarter was up 3.2% on a year-over-year basis. During the same quarter last year, the company posted $2.70 EPS. Research analysts expect that Union Pacific Corporation will post 12.53 earnings per share for the current fiscal year.

Union Pacific Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, June 30th. Investors of record on Friday, May 29th will be given a dividend of $1.38 per share. The ex-dividend date is Friday, May 29th. This represents a $5.52 dividend on an annualized basis and a dividend yield of 2.1%. Union Pacific’s dividend payout ratio (DPR) is 45.47%.

Wall Street Analyst Weigh In

A number of analysts have weighed in on the stock. Barclays reissued an “overweight” rating and issued a $315.00 price target (up from $285.00) on shares of Union Pacific in a report on Friday, April 24th. Benchmark increased their price target on shares of Union Pacific from $275.00 to $300.00 and gave the company a “buy” rating in a report on Friday, April 24th. Weiss Ratings upgraded shares of Union Pacific from a “buy (b-)” rating to a “buy (b)” rating in a research note on Tuesday, April 21st. Citigroup restated a “buy” rating and issued a $307.00 price objective (up from $285.00) on shares of Union Pacific in a research note on Friday, April 24th. Finally, Royal Bank Of Canada restated an “outperform” rating and issued a $289.00 price objective (up from $273.00) on shares of Union Pacific in a research note on Friday, April 24th. One investment analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating and eight have assigned a Hold rating to the company’s stock. According to MarketBeat, Union Pacific presently has a consensus rating of “Moderate Buy” and an average target price of $282.21.

Insider Buying and Selling at Union Pacific

In other Union Pacific news, EVP Kenyatta G. Rocker sold 27,387 shares of the firm’s stock in a transaction dated Friday, April 24th. The shares were sold at an average price of $271.76, for a total value of $7,442,691.12. Following the completion of the sale, the executive vice president owned 61,102 shares in the company, valued at approximately $16,605,079.52. This trade represents a 30.95% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, EVP Eric J. Gehringer sold 2,991 shares of the firm’s stock in a transaction dated Wednesday, June 3rd. The shares were sold at an average price of $263.96, for a total transaction of $789,504.36. Following the completion of the sale, the executive vice president owned 43,012 shares of the company’s stock, valued at $11,353,447.52. The trade was a 6.50% decrease in their position. The SEC filing for this sale provides additional information. In the last 90 days, insiders sold 34,377 shares of company stock worth $9,251,221. 0.22% of the stock is currently owned by corporate insiders.

About Union Pacific

Union Pacific Corporation (NYSE: UNP) is one of the largest freight railroad companies in the United States. Its principal operating subsidiary, Union Pacific Railroad, has roots that trace back to the Pacific Railway Act of 1862 and the construction of the first transcontinental rail link completed in 1869. The company is headquartered in Omaha, Nebraska, and operates as a holding company for rail transportation and related services.

Union Pacific’s core business is the movement of freight by rail across an extensive rail network serving the western two‑thirds of the United States.