First National Trust Co Raises Holdings in Union Pacific Corporation (NYSE:UNP)

First National Trust Co increased its stake in shares of Union Pacific Corporation (NYSE:UNP) by 14.0% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 38,698 shares of the railroad operator’s stock after purchasing an additional 4,750 shares during the period. First National Trust Co’s holdings in Union Pacific were worth $9,142,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently bought and sold shares of UNP. Allred Capital Management LLC raised its position in shares of Union Pacific by 0.5% in the fourth quarter. Allred Capital Management LLC now owns 8,349 shares of the railroad operator’s stock valued at $1,904,000 after buying an additional 40 shares during the last quarter. Strategic Investment Solutions Inc. IL raised its holdings in Union Pacific by 38.8% in the 4th quarter. Strategic Investment Solutions Inc. IL now owns 161 shares of the railroad operator’s stock valued at $39,000 after acquiring an additional 45 shares during the last quarter. Foster Dykema Cabot & Partners LLC raised its holdings in Union Pacific by 1.6% in the 4th quarter. Foster Dykema Cabot & Partners LLC now owns 2,922 shares of the railroad operator’s stock valued at $666,000 after acquiring an additional 47 shares during the last quarter. First Financial Bank Trust Division lifted its stake in shares of Union Pacific by 1.7% during the 1st quarter. First Financial Bank Trust Division now owns 2,803 shares of the railroad operator’s stock worth $662,000 after purchasing an additional 47 shares during the period. Finally, Stiles Financial Services Inc boosted its holdings in shares of Union Pacific by 1.6% during the first quarter. Stiles Financial Services Inc now owns 2,963 shares of the railroad operator’s stock worth $700,000 after purchasing an additional 48 shares during the last quarter. Hedge funds and other institutional investors own 80.38% of the company’s stock.

Union Pacific Stock Performance

Shares of NYSE:UNP opened at $223.82 on Wednesday. The business’s 50-day simple moving average is $227.07 and its 200 day simple moving average is $231.00. The company has a market cap of $133.73 billion, a P/E ratio of 19.45, a PEG ratio of 2.27 and a beta of 1.05. The company has a debt-to-equity ratio of 1.86, a quick ratio of 0.53 and a current ratio of 0.65. Union Pacific Corporation has a one year low of $204.66 and a one year high of $258.07.

Union Pacific (NYSE:UNP) last issued its quarterly earnings data on Thursday, July 24th. The railroad operator reported $3.03 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.84 by $0.19. Union Pacific had a net margin of 28.43% and a return on equity of 41.73%. The company had revenue of $6.15 billion during the quarter, compared to the consensus estimate of $6.09 billion. During the same quarter last year, the company earned $2.74 earnings per share. Union Pacific’s revenue for the quarter was up 2.4% on a year-over-year basis. On average, sell-side analysts forecast that Union Pacific Corporation will post 11.99 earnings per share for the current fiscal year.

Union Pacific Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, September 30th. Investors of record on Friday, August 29th will be paid a dividend of $1.38 per share. This is an increase from Union Pacific’s previous quarterly dividend of $1.34. The ex-dividend date of this dividend is Friday, August 29th. This represents a $5.52 annualized dividend and a yield of 2.47%. Union Pacific’s payout ratio is 47.96%.

Analysts Set New Price Targets

Several equities analysts recently commented on UNP shares. UBS Group upped their target price on Union Pacific from $238.00 to $240.00 and gave the company a “neutral” rating in a research note on Friday, July 25th. Sanford C. Bernstein lifted their price target on Union Pacific from $271.00 to $286.00 and gave the company an “outperform” rating in a report on Monday, July 21st. Citigroup increased their price objective on shares of Union Pacific from $244.00 to $270.00 and gave the stock a “buy” rating in a report on Wednesday, July 9th. Bank of America raised their target price on shares of Union Pacific from $256.00 to $262.00 and gave the stock a “buy” rating in a research report on Friday, May 16th. Finally, Raymond James Financial reaffirmed a “strong-buy” rating on shares of Union Pacific in a research report on Tuesday, July 15th. One equities research analyst has rated the stock with a sell rating, nine have issued a hold rating, sixteen have assigned a buy rating and two have given a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $259.46.

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.