Sentinel Trust Co. LBA Reduces Position in Union Pacific Corporation (NYSE:UNP)

Sentinel Trust Co. LBA trimmed its holdings in shares of Union Pacific Corporation (NYSE:UNP) by 1.3% during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 9,945 shares of the railroad operator’s stock after selling 130 shares during the quarter. Sentinel Trust Co. LBA’s holdings in Union Pacific were worth $2,349,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also modified their holdings of the business. Fiduciary Trust Co increased its holdings in Union Pacific by 2.8% in the fourth quarter. Fiduciary Trust Co now owns 102,213 shares of the railroad operator’s stock valued at $23,309,000 after buying an additional 2,807 shares during the last quarter. Sherbrooke Park Advisers LLC bought a new stake in Union Pacific in the fourth quarter valued at about $781,000. Meadow Creek Wealth Advisors LLC increased its holdings in Union Pacific by 10.9% in the first quarter. Meadow Creek Wealth Advisors LLC now owns 3,666 shares of the railroad operator’s stock valued at $866,000 after buying an additional 359 shares during the last quarter. GAMMA Investing LLC increased its holdings in Union Pacific by 16.8% in the first quarter. GAMMA Investing LLC now owns 10,545 shares of the railroad operator’s stock valued at $2,491,000 after buying an additional 1,520 shares during the last quarter. Finally, Truist Financial Corp increased its holdings in Union Pacific by 2.7% in the first quarter. Truist Financial Corp now owns 968,061 shares of the railroad operator’s stock valued at $228,695,000 after buying an additional 25,900 shares during the last quarter. 80.38% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several equities analysts have recently commented on the company. Bank of America upped their target price on Union Pacific from $256.00 to $262.00 and gave the company a “buy” rating in a report on Friday, May 16th. UBS Group lowered their target price on Union Pacific from $255.00 to $245.00 and set a “neutral” rating for the company in a report on Wednesday, April 2nd. Stifel Nicolaus lowered their target price on Union Pacific from $270.00 to $248.00 and set a “buy” rating for the company in a report on Monday, April 14th. Wells Fargo & Company lowered their target price on Union Pacific from $265.00 to $260.00 and set an “overweight” rating for the company in a report on Thursday, March 27th. Finally, Redburn Atlantic raised Union Pacific from a “neutral” rating to a “buy” rating and set a $259.00 target price for the company in a report on Wednesday, April 16th. One analyst has rated the stock with a sell rating, nine 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, Union Pacific has an average rating of “Moderate Buy” and a consensus target price of $256.63.

Union Pacific Stock Performance

UNP opened at $235.01 on Friday. The company has a market capitalization of $140.41 billion, a price-to-earnings ratio of 21.17, a price-to-earnings-growth ratio of 2.36 and a beta of 1.05. The company has a debt-to-equity ratio of 1.91, a current ratio of 0.73 and a quick ratio of 0.61. Union Pacific Corporation has a 1-year low of $204.66 and a 1-year high of $258.07. The business has a 50 day moving average price of $226.11 and a two-hundred day moving average price of $231.15.

Union Pacific (NYSE:UNP) last released its earnings results on Thursday, April 24th. The railroad operator reported $2.70 earnings per share for the quarter, missing analysts’ consensus estimates of $2.73 by ($0.03). The firm had revenue of $6.03 billion during the quarter, compared to analyst estimates of $6.11 billion. Union Pacific had a return on equity of 40.80% and a net margin of 27.76%. The business’s revenue for the quarter was down .1% on a year-over-year basis. During the same quarter last year, the company earned $2.69 earnings per share. Research analysts predict that Union Pacific Corporation will post 11.99 EPS for the current fiscal year.

Union Pacific Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, June 30th. Stockholders of record on Friday, May 30th were given a dividend of $1.34 per share. The ex-dividend date was Friday, May 30th. This represents a $5.36 dividend on an annualized basis and a dividend yield of 2.28%. Union Pacific’s dividend payout ratio (DPR) is presently 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.