First National Trust Co Has $8.77 Million Holdings in Union Pacific Corporation $UNP

First National Trust Co lessened its holdings in Union Pacific Corporation (NYSE:UNP) by 1.5% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 38,120 shares of the railroad operator’s stock after selling 578 shares during the period. First National Trust Co’s holdings in Union Pacific were worth $8,771,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also modified their holdings of UNP. Envestnet Portfolio Solutions Inc. lifted its position in shares of Union Pacific by 10.6% in the second quarter. Envestnet Portfolio Solutions Inc. now owns 93,337 shares of the railroad operator’s stock worth $21,475,000 after buying an additional 8,925 shares during the last quarter. LGT Group Foundation lifted its holdings in Union Pacific by 9.7% in the 1st quarter. LGT Group Foundation now owns 5,398 shares of the railroad operator’s stock worth $1,275,000 after purchasing an additional 477 shares during the last quarter. Nuveen LLC acquired a new stake in Union Pacific in the 1st quarter worth approximately $988,822,000. SlateStone Wealth LLC lifted its holdings in Union Pacific by 6.2% in the 1st quarter. SlateStone Wealth LLC now owns 13,264 shares of the railroad operator’s stock worth $3,133,000 after purchasing an additional 772 shares during the last quarter. Finally, Meadow Creek Wealth Advisors LLC lifted its holdings in Union Pacific by 10.9% in the 1st quarter. Meadow Creek Wealth Advisors LLC now owns 3,666 shares of the railroad operator’s stock worth $866,000 after purchasing an additional 359 shares during the last quarter. Institutional investors and hedge funds own 80.38% of the company’s stock.

Union Pacific Price Performance

NYSE:UNP opened at $218.26 on Tuesday. The stock has a market cap of $129.46 billion, a P/E ratio of 18.54, a PEG ratio of 2.27 and a beta of 1.07. Union Pacific Corporation has a one year low of $204.66 and a one year high of $256.84. The company has a fifty day moving average price of $224.92 and a 200 day moving average price of $224.36. The company has a debt-to-equity ratio of 1.75, a current ratio of 0.75 and a quick ratio of 0.60.

Union Pacific (NYSE:UNP) last announced its quarterly earnings data on Thursday, October 23rd. The railroad operator reported $3.08 EPS for the quarter, beating analysts’ consensus estimates of $2.99 by $0.09. The business had revenue of $6.24 billion during the quarter, compared to analyst estimates of $6.24 billion. Union Pacific had a net margin of 28.73% and a return on equity of 42.23%. The firm’s revenue for the quarter was up 2.5% on a year-over-year basis. During the same quarter in the prior year, the business earned $2.75 earnings per share. Analysts anticipate that Union Pacific Corporation will post 11.99 earnings per share for the current year.

Wall Street Analysts Forecast Growth

A number of analysts have recently weighed in on UNP shares. Barclays cut shares of Union Pacific from an “overweight” rating to an “equal weight” rating in a research note on Wednesday, July 30th. Weiss Ratings restated a “hold (c+)” rating on shares of Union Pacific in a research note on Wednesday, October 8th. Argus lowered shares of Union Pacific from a “buy” rating to a “hold” rating in a research report on Tuesday, August 12th. Robert W. Baird began coverage on shares of Union Pacific in a research report on Tuesday, July 1st. They set a “neutral” rating and a $231.00 target price for the company. Finally, Loop Capital raised Union Pacific from a “sell” rating to a “hold” rating and boosted their price objective for the stock from $214.00 to $227.00 in a research report on Tuesday, September 16th. One research analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating and eleven have given a Hold rating to the company’s stock. According to MarketBeat.com, Union Pacific has an average rating of “Moderate Buy” and an average price target of $261.63.

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.