Coastline Trust Co Sells 352 Shares of Union Pacific Co. (NYSE:UNP)

Coastline Trust Co decreased its stake in Union Pacific Co. (NYSE:UNP) by 4.3% in the fourth quarter, Holdings Channel.com reports. The firm owned 7,785 shares of the railroad operator’s stock after selling 352 shares during the period. Coastline Trust Co’s holdings in Union Pacific were worth $1,775,000 at the end of the most recent quarter.

Other hedge funds have also bought and sold shares of the company. Compass Financial Services Inc bought a new stake in Union Pacific during the 4th quarter valued at $25,000. Synergy Asset Management LLC purchased a new position in shares of Union Pacific in the 4th quarter valued at approximately $29,000. EnRich Financial Partners LLC purchased a new stake in shares of Union Pacific during the fourth quarter valued at $31,000. PrairieView Partners LLC purchased a new stake in Union Pacific in the fourth quarter valued at approximately $34,000. Finally, Strategic Investment Solutions Inc. IL increased its stake in shares of Union Pacific by 38.8% in the fourth quarter. Strategic Investment Solutions Inc. IL now owns 161 shares of the railroad operator’s stock worth $39,000 after acquiring an additional 45 shares during the period. Institutional investors own 80.38% of the company’s stock.

Insider Activity at Union Pacific

In other Union Pacific news, EVP Craig V. Richardson sold 6,495 shares of the stock in a transaction that occurred on Monday, January 27th. The shares were sold at an average price of $252.00, for a total transaction of $1,636,740.00. Following the transaction, the executive vice president now owns 26,319 shares in the company, valued at $6,632,388. This represents a 19.79 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, President Elizabeth F. Whited sold 7,500 shares of the stock in a transaction dated Friday, January 24th. The stock was sold at an average price of $250.00, for a total transaction of $1,875,000.00. Following the sale, the president now owns 64,960 shares in the company, valued at $16,240,000. The trade was a 10.35 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 0.19% of the stock is currently owned by company insiders.

Union Pacific Stock Up 1.7 %

Shares of NYSE UNP opened at $220.26 on Friday. The firm’s 50-day simple moving average is $235.02 and its 200 day simple moving average is $236.47. Union Pacific Co. has a 12-month low of $204.66 and a 12-month high of $258.07. The company has a quick ratio of 0.62, a current ratio of 0.77 and a debt-to-equity ratio of 1.76. The company has a market cap of $132.01 billion, a price-to-earnings ratio of 19.86, a price-to-earnings-growth ratio of 2.15 and a beta of 1.06.

Union Pacific (NYSE:UNP) last issued its earnings results on Thursday, January 23rd. The railroad operator reported $2.91 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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 quarter in the previous year, the company earned $2.71 EPS. On average, research analysts expect that Union Pacific Co. will post 11.99 earnings per share for the current fiscal year.

Union Pacific Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Monday, March 31st. Shareholders of record on Friday, February 28th were given a dividend of $1.34 per share. This represents a $5.36 annualized dividend and a yield of 2.43%. The ex-dividend date was Friday, February 28th. Union Pacific’s dividend payout ratio (DPR) is currently 48.33%.

Wall Street Analysts Forecast Growth

Several brokerages have recently weighed in on UNP. Loop Capital downgraded Union Pacific from a “hold” rating to a “sell” rating and reduced their target price for the stock from $265.00 to $200.00 in a research note on Monday, February 3rd. Robert W. Baird increased their target price on shares of Union Pacific from $260.00 to $265.00 and gave the stock an “outperform” rating in a research note on Friday, January 24th. Jefferies Financial Group cut their price objective on Union Pacific from $255.00 to $230.00 and set a “hold” rating on the stock in a report on Wednesday, April 9th. Redburn Atlantic upgraded shares of Union Pacific from a “neutral” rating to a “buy” rating and set a $259.00 target price on the stock in a report on Wednesday. Finally, TD Cowen boosted their price objective on Union Pacific from $245.00 to $258.00 and gave the stock a “buy” rating in a research report on Friday, January 24th. One equities research analyst has rated the stock with a sell rating, seven have given a hold rating, fourteen have issued a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $257.50.

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.