Caldwell Trust Co Reduces Stock Position in Union Pacific Corporation $UNP

Caldwell Trust Co lessened its holdings in Union Pacific Corporation (NYSE:UNP) by 8.0% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 23,755 shares of the railroad operator’s stock after selling 2,076 shares during the quarter. Caldwell Trust Co’s holdings in Union Pacific were worth $5,495,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in the business. Stephens Consulting LLC raised its position in shares of Union Pacific by 48.4% in the fourth quarter. Stephens Consulting LLC now owns 135 shares of the railroad operator’s stock worth $31,000 after buying an additional 44 shares in the last quarter. Prestige Wealth Management Group LLC raised its position in shares of Union Pacific by 1.4% in the third quarter. Prestige Wealth Management Group LLC now owns 3,186 shares of the railroad operator’s stock worth $753,000 after buying an additional 45 shares in the last quarter. U.S. Capital Wealth Advisors LLC raised its position in shares of Union Pacific by 0.9% in the fourth quarter. U.S. Capital Wealth Advisors LLC now owns 4,988 shares of the railroad operator’s stock worth $1,154,000 after buying an additional 45 shares in the last quarter. Keebeck Wealth Management raised its position in shares of Union Pacific by 1.7% in the third quarter. Keebeck Wealth Management now owns 2,691 shares of the railroad operator’s stock worth $636,000 after buying an additional 45 shares in the last quarter. Finally, Silver Oak Securities Incorporated raised its position in shares of Union Pacific by 4.5% in the third quarter. Silver Oak Securities Incorporated now owns 1,065 shares of the railroad operator’s stock worth $252,000 after buying an additional 46 shares in the last quarter. Hedge funds and other institutional investors own 80.38% of the company’s stock.

Insiders Place Their Bets

In other Union Pacific news, EVP Eric J. Gehringer sold 1,999 shares of the firm’s stock in a transaction dated Friday, March 20th. The stock was sold at an average price of $234.93, for a total transaction of $469,625.07. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. 0.22% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

A number of brokerages recently issued reports on UNP. Robert W. Baird set a $311.00 price objective on Union Pacific and gave the stock an “outperform” rating in a research report on Friday, March 6th. The Goldman Sachs Group reiterated a “neutral” rating and issued a $267.00 price objective on shares of Union Pacific in a research report on Tuesday, January 27th. Citigroup reiterated a “buy” rating and issued a $307.00 price objective (up from $285.00) on shares of Union Pacific in a research report on Friday. Royal Bank Of Canada reiterated an “outperform” rating and issued a $289.00 price objective (up from $273.00) on shares of Union Pacific in a research report on Friday. Finally, JPMorgan Chase & Co. increased their price objective on Union Pacific from $267.00 to $275.00 and gave the stock a “neutral” rating in a research report on Friday. One analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and eight have given a Hold rating to the company. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $279.55.

Union Pacific Trading Up 0.1%

NYSE UNP opened at $269.09 on Tuesday. The stock’s 50-day simple moving average is $251.93 and its two-hundred day simple moving average is $238.64. Union Pacific Corporation has a twelve month low of $210.53 and a twelve month high of $274.79. The company has a quick ratio of 0.73, a current ratio of 0.92 and a debt-to-equity ratio of 1.53. The company has a market capitalization of $159.76 billion, a price-to-earnings ratio of 22.17, a PEG ratio of 2.87 and a beta of 0.96.

Union Pacific (NYSE:UNP) last released its quarterly earnings results on Thursday, April 23rd. The railroad operator reported $2.93 earnings per share for the quarter, beating analysts’ consensus estimates of $2.86 by $0.07. Union Pacific had a return on equity of 39.58% and a net margin of 29.20%.The business had revenue of $6.22 billion for the quarter, compared to the consensus estimate of $6.12 billion. During the same quarter last year, the business posted $2.70 earnings per share. The company’s revenue for the quarter was up 3.2% on a year-over-year basis. Research analysts forecast that Union Pacific Corporation will post 12.45 EPS for the current fiscal year.

Union Pacific Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Tuesday, March 31st. Shareholders of record on Friday, February 27th were given a dividend of $1.38 per share. The ex-dividend date was Friday, February 27th. This represents a $5.52 dividend on an annualized basis and a yield of 2.1%. Union Pacific’s dividend payout ratio (DPR) is presently 45.47%.

Union Pacific Company Profile

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.