Union Pacific Co. (NYSE:UNP) Shares Purchased by Fiduciary Trust Co

Fiduciary Trust Co grew its stake in shares of Union Pacific Co. (NYSE:UNP) by 2.8% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 102,213 shares of the railroad operator’s stock after acquiring an additional 2,807 shares during the period. Fiduciary Trust Co’s holdings in Union Pacific were worth $23,309,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. First Manhattan CO. LLC. raised its holdings in shares of Union Pacific by 174.5% in the 4th quarter. First Manhattan CO. LLC. now owns 381,074 shares of the railroad operator’s stock worth $88,324,000 after purchasing an additional 242,229 shares during the period. Fred Alger Management LLC raised its stake in Union Pacific by 31.9% during the fourth quarter. Fred Alger Management LLC now owns 25,313 shares of the railroad operator’s stock valued at $5,772,000 after buying an additional 6,121 shares in the last quarter. Clark Capital Management Group Inc. lifted its stake in Union Pacific by 3.9% during the fourth quarter. Clark Capital Management Group Inc. now owns 1,506 shares of the railroad operator’s stock worth $343,000 after purchasing an additional 57 shares during the last quarter. Citizens Business Bank lifted its position in shares of Union Pacific by 4.7% in the 4th quarter. Citizens Business Bank now owns 19,645 shares of the railroad operator’s stock worth $4,480,000 after buying an additional 885 shares during the last quarter. Finally, Deutsche Bank AG grew its holdings in shares of Union Pacific by 5.8% during the fourth quarter. Deutsche Bank AG now owns 3,674,841 shares of the railroad operator’s stock valued at $838,011,000 after purchasing an additional 203,050 shares during the last quarter. 80.38% of the stock is owned by institutional investors and hedge funds.

Union Pacific Price Performance

Union Pacific stock opened at $216.85 on Friday. The firm has a market cap of $129.56 billion, a P/E ratio of 19.55, a P/E/G ratio of 2.15 and a beta of 1.07. Union Pacific Co. has a one year low of $204.66 and a one year high of $258.07. The company has a debt-to-equity ratio of 1.76, a current ratio of 0.77 and a quick ratio of 0.62. The stock’s 50 day moving average is $226.17 and its 200 day moving average is $233.96.

Union Pacific (NYSE:UNP) 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). The firm had revenue of $6.03 billion for the quarter, compared to the consensus estimate of $6.11 billion. Union Pacific had a net margin of 27.82% and a return on equity of 41.12%. The company’s revenue was down .1% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $2.69 EPS. As a group, research analysts expect that Union Pacific Co. will post 11.99 EPS for the current year.

Union Pacific Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, June 30th. Stockholders of record on Friday, May 30th will be paid a dividend of $1.34 per share. This represents a $5.36 dividend on an annualized basis and a dividend yield of 2.47%. Union Pacific’s payout ratio is 48.29%.

Analyst Upgrades and Downgrades

UNP has been the topic of several analyst reports. TD Cowen raised their price target on shares of Union Pacific from $245.00 to $258.00 and gave the company a “buy” rating in a research note on Friday, January 24th. UBS Group lowered their price objective on shares of Union Pacific from $255.00 to $245.00 and set a “neutral” rating on the stock in a research note on Wednesday, April 2nd. 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. Susquehanna lowered their price objective on shares of Union Pacific from $255.00 to $245.00 and set a “neutral” rating on the stock in a research report on Friday, April 25th. Finally, Stephens dropped their target price on Union Pacific from $275.00 to $255.00 and set an “overweight” rating on the stock in a report on Monday, April 28th. One research analyst has rated the stock with a sell rating, six have given a hold rating, fifteen have issued a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat, Union Pacific presently has an average rating of “Moderate Buy” and a consensus target price of $257.86.

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.