Town & Country Bank & Trust CO dba First Bankers Trust CO lowered its stake in Union Pacific Co. (NYSE:UNP – Free Report) by 1.3% in the first quarter, Holdings Channel reports. The fund owned 10,301 shares of the railroad operator’s stock after selling 135 shares during the quarter. Town & Country Bank & Trust CO dba First Bankers Trust CO’s holdings in Union Pacific were worth $2,434,000 at the end of the most recent reporting period.
Other hedge funds also recently made changes to their positions in the company. Compass Financial Services Inc bought a new position in Union Pacific in the 4th quarter valued at approximately $25,000. Synergy Asset Management LLC acquired a new position in shares of Union Pacific during the fourth quarter worth $29,000. EnRich Financial Partners LLC bought a new position in shares of Union Pacific in the 4th quarter valued at $31,000. PrairieView Partners LLC acquired a new stake in shares of Union Pacific during the 4th quarter valued at $34,000. Finally, Strategic Investment Solutions Inc. IL grew its position in Union Pacific by 38.8% during the 4th 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 last quarter. 80.38% of the stock is currently owned by institutional investors and hedge funds.
Analyst Ratings Changes
Several research firms have commented on UNP. Citigroup upgraded Union Pacific from a “neutral” rating to a “buy” rating and dropped their target price for the company from $260.00 to $244.00 in a research report on Tuesday, April 8th. Jefferies Financial Group dropped their price objective on shares of Union Pacific from $255.00 to $230.00 and set a “hold” rating for the company in a report on Wednesday, April 9th. Loop Capital downgraded shares of Union Pacific from a “hold” rating to a “sell” rating and cut their target price for the stock from $265.00 to $200.00 in a research report on Monday, February 3rd. Argus upgraded shares of Union Pacific to a “strong-buy” rating in a research report on Friday, May 16th. Finally, Stifel Nicolaus cut their price target on shares of Union Pacific from $270.00 to $248.00 and set a “buy” rating on the stock in a report on Monday, April 14th. One research analyst has rated the stock with a sell rating, six have given a hold rating, fifteen have issued a buy rating and two have given a strong buy rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $257.50.
Union Pacific Stock Up 0.1%
UNP stock opened at $222.29 on Friday. The stock’s 50 day simple moving average is $222.02 and its 200 day simple moving average is $232.86. The company has a market cap of $132.81 billion, a P/E ratio of 20.04, a price-to-earnings-growth ratio of 2.15 and a beta of 1.07. The company has a debt-to-equity ratio of 1.76, a quick ratio of 0.62 and a current ratio of 0.77. Union Pacific Co. has a fifty-two week low of $204.66 and a fifty-two week high of $258.07.
Union Pacific (NYSE:UNP – Get Free Report) last released its quarterly earnings data on Thursday, April 24th. The railroad operator reported $2.70 EPS for the quarter, missing the consensus estimate of $2.73 by ($0.03). Union Pacific had a net margin of 27.82% and a return on equity of 41.12%. The firm had revenue of $6.03 billion for the quarter, compared to the consensus estimate of $6.11 billion. During the same quarter in the prior year, the firm earned $2.69 EPS. The company’s revenue was down .1% compared to the same quarter last year. On average, research analysts expect that Union Pacific Co. will post 11.99 earnings per share for the current fiscal year.
Union Pacific Announces Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Monday, June 30th. Shareholders of record on Friday, May 30th will be issued a dividend of $1.34 per share. The ex-dividend date of this dividend is Friday, May 30th. This represents a $5.36 annualized dividend and a yield of 2.41%. Union Pacific’s payout ratio is 48.29%.
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.
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