4,321 Shares in Union Pacific Co. (NYSE:UNP) Purchased by Texas Bank & Trust Co

Texas Bank & Trust Co purchased a new stake in shares of Union Pacific Co. (NYSE:UNP) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 4,321 shares of the railroad operator’s stock, valued at approximately $985,000.

Several other large investors have also recently added to or reduced their stakes in UNP. Geode Capital Management LLC raised its stake in shares of Union Pacific by 12.6% in the fourth quarter. Geode Capital Management LLC now owns 14,430,581 shares of the railroad operator’s stock valued at $3,282,305,000 after purchasing an additional 1,616,895 shares in the last quarter. Capital Research Global Investors increased its holdings in Union Pacific by 14.3% in the 4th quarter. Capital Research Global Investors now owns 10,395,364 shares of the railroad operator’s stock valued at $2,370,559,000 after buying an additional 1,298,178 shares during the period. Norges Bank acquired a new position in shares of Union Pacific in the 4th quarter valued at $1,927,377,000. Franklin Resources Inc. raised its stake in shares of Union Pacific by 5.0% in the 4th quarter. Franklin Resources Inc. now owns 7,686,387 shares of the railroad operator’s stock valued at $1,752,804,000 after buying an additional 363,937 shares in the last quarter. Finally, Northern Trust Corp lifted its holdings in shares of Union Pacific by 15.2% during the 4th quarter. Northern Trust Corp now owns 6,962,650 shares of the railroad operator’s stock worth $1,587,763,000 after acquiring an additional 920,414 shares during the period. Institutional investors and hedge funds own 80.38% of the company’s stock.

Union Pacific Stock Performance

Shares of Union Pacific stock opened at $231.35 on Friday. The stock’s fifty day simple moving average is $224.16 and its 200 day simple moving average is $233.68. 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 company has a market capitalization of $138.22 billion, a PE ratio of 20.86, a PEG ratio of 2.15 and a beta of 1.07. Union Pacific Co. has a 12 month low of $204.66 and a 12 month high of $258.07.

Union Pacific (NYSE:UNP) last released its quarterly earnings results 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 period in the prior year, the business earned $2.69 EPS. The company’s revenue for the quarter was down .1% compared to the same quarter last year. On average, research analysts predict that Union Pacific Co. will post 11.99 EPS for the current year.

Union Pacific Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, June 30th. Stockholders of record on Friday, May 30th will be issued a $1.34 dividend. This represents a $5.36 annualized dividend and a dividend yield of 2.32%. The ex-dividend date is Friday, May 30th. Union Pacific’s dividend payout ratio (DPR) is presently 48.29%.

Analyst Ratings Changes

Several research analysts recently issued reports on the stock. Jefferies Financial Group dropped their price target on shares of Union Pacific from $255.00 to $230.00 and set a “hold” rating for the company in a research report on Wednesday, April 9th. Redburn Atlantic upgraded Union Pacific from a “neutral” rating to a “buy” rating and set a $259.00 price objective on the stock in a research note on Wednesday, April 16th. TD Cowen increased their target price on Union Pacific from $245.00 to $258.00 and gave the stock a “buy” rating in a report on Friday, January 24th. Wells Fargo & Company decreased their price target on Union Pacific from $265.00 to $260.00 and set an “overweight” rating on the stock in a research note on Thursday, March 27th. Finally, Robert W. Baird upped their price target on Union Pacific from $260.00 to $265.00 and gave the company an “outperform” rating in a research report on Friday, January 24th. One analyst has rated the stock with a sell rating, six have issued a hold rating, fifteen have given a buy rating and one has issued 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 $257.50.

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.