First American Trust FSB Reduces Stock Position in Union Pacific Corporation $UNP

First American Trust FSB lessened its position in Union Pacific Corporation (NYSE:UNP) by 43.9% during the third quarter, Holdings Channel.com reports. The fund owned 24,883 shares of the railroad operator’s stock after selling 19,465 shares during the period. First American Trust FSB’s holdings in Union Pacific were worth $5,882,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently modified their holdings of the company. Acadian Asset Management LLC increased its stake in shares of Union Pacific by 40.4% during the first quarter. Acadian Asset Management LLC now owns 2,312 shares of the railroad operator’s stock valued at $546,000 after buying an additional 665 shares during the period. Schnieders Capital Management LLC. increased its stake in shares of Union Pacific by 0.5% during the second quarter. Schnieders Capital Management LLC. now owns 20,606 shares of the railroad operator’s stock valued at $4,741,000 after purchasing an additional 102 shares in the last quarter. Strategic Blueprint LLC increased its position in Union Pacific by 22.1% during the 2nd quarter. Strategic Blueprint LLC now owns 1,787 shares of the railroad operator’s stock valued at $411,000 after buying an additional 324 shares in the last quarter. Brighton Jones LLC lifted its stake in shares of Union Pacific by 2.0% in the second quarter. Brighton Jones LLC now owns 9,470 shares of the railroad operator’s stock worth $2,179,000 after buying an additional 190 shares in the last quarter. Finally, Interchange Capital Partners LLC boosted its stake in Union Pacific by 4.7% during the 2nd quarter. Interchange Capital Partners LLC now owns 1,168 shares of the railroad operator’s stock valued at $269,000 after purchasing an additional 52 shares during the last quarter. 80.38% of the stock is owned by institutional investors.

Analyst Ratings Changes

A number of analysts recently commented on the company. Deutsche Bank Aktiengesellschaft set a $245.00 price objective on Union Pacific in a research report on Thursday, December 11th. Raymond James Financial reiterated a “strong-buy” rating on shares of Union Pacific in a research report on Tuesday, January 27th. JPMorgan Chase & Co. lowered their price target on shares of Union Pacific from $270.00 to $265.00 and set a “neutral” rating for the company in a report on Wednesday, January 28th. Barclays reaffirmed an “overweight” rating and set a $285.00 price objective (up from $270.00) on shares of Union Pacific in a research note on Tuesday, December 16th. Finally, Weiss Ratings upgraded shares of Union Pacific from a “hold (c+)” rating to a “buy (b-)” rating in a report on Friday, February 6th. One investment analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and ten have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $260.14.

Union Pacific Trading Down 0.9%

NYSE UNP opened at $263.82 on Tuesday. The stock has a market cap of $156.55 billion, a PE ratio of 22.04, a PEG ratio of 2.90 and a beta of 0.98. Union Pacific Corporation has a 12 month low of $204.66 and a 12 month high of $267.81. The company’s 50-day moving average price is $239.68 and its 200-day moving average price is $230.38. The company has a current ratio of 0.91, a quick ratio of 0.75 and a debt-to-equity ratio of 1.64.

Union Pacific (NYSE:UNP) last released its quarterly earnings data on Tuesday, January 27th. The railroad operator reported $2.86 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.92 by ($0.06). The company had revenue of $6.09 billion during the quarter, compared to analysts’ expectations of $6.15 billion. Union Pacific had a net margin of 29.12% and a return on equity of 40.89%. Union Pacific’s quarterly revenue was down .6% on a year-over-year basis. During the same period last year, the firm earned $2.91 earnings per share. Equities research analysts forecast that Union Pacific Corporation will post 11.99 earnings per share for the current year.

Union Pacific Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 31st. Shareholders of record on Friday, February 27th will be issued a dividend of $1.38 per share. This represents a $5.52 annualized dividend and a yield of 2.1%. The ex-dividend date is Friday, February 27th. Union Pacific’s dividend payout ratio (DPR) is presently 46.12%.

About Union Pacific

Union Pacific Corporation (NYSE: UNP) is one of the largest freight railroad companies in the United States. Its principal operating subsidiary, Union Pacific Railroad, has roots that trace back to the Pacific Railway Act of 1862 and the construction of the first transcontinental rail link completed in 1869. The company is headquartered in Omaha, Nebraska, and operates as a holding company for rail transportation and related services.

Union Pacific’s core business is the movement of freight by rail across an extensive rail network serving the western two‑thirds of the United States.