Field & Main Bank Buys 130 Shares of Union Pacific Co. (NYSE:UNP)

Field & Main Bank lifted its stake in shares of Union Pacific Co. (NYSE:UNP) by 1.9% in the fourth quarter, HoldingsChannel.com reports. The fund owned 6,872 shares of the railroad operator’s stock after acquiring an additional 130 shares during the quarter. Field & Main Bank’s holdings in Union Pacific were worth $1,688,000 at the end of the most recent reporting period.

Other hedge funds also recently made changes to their positions in the company. Ledyard National Bank raised its position in Union Pacific by 24.8% in the 4th quarter. Ledyard National Bank now owns 6,536 shares of the railroad operator’s stock worth $1,605,000 after purchasing an additional 1,300 shares during the period. Steele Capital Management Inc. purchased a new position in Union Pacific in the 4th quarter worth $530,000. Naviter Wealth LLC raised its position in Union Pacific by 24.9% in the 4th quarter. Naviter Wealth LLC now owns 4,491 shares of the railroad operator’s stock worth $1,103,000 after purchasing an additional 896 shares during the period. Investment House LLC raised its position in Union Pacific by 1.7% in the 4th quarter. Investment House LLC now owns 46,846 shares of the railroad operator’s stock worth $11,506,000 after purchasing an additional 787 shares during the period. Finally, McAdam LLC raised its position in Union Pacific by 6.5% in the 4th quarter. McAdam LLC now owns 1,515 shares of the railroad operator’s stock worth $372,000 after purchasing an additional 92 shares during the period. 80.38% of the stock is owned by institutional investors.

Analyst Ratings Changes

UNP has been the topic of a number of analyst reports. The Goldman Sachs Group boosted their price objective on shares of Union Pacific from $248.00 to $274.00 and gave the company a “buy” rating in a research report on Thursday, April 11th. Sanford C. Bernstein upgraded shares of Union Pacific from a “market perform” rating to an “outperform” rating and set a $280.00 price objective on the stock in a research report on Monday, January 22nd. Susquehanna boosted their price objective on shares of Union Pacific from $255.00 to $270.00 and gave the company a “neutral” rating in a research report on Friday. Morgan Stanley boosted their price objective on shares of Union Pacific from $198.00 to $210.00 and gave the company an “equal weight” rating in a research report on Friday. Finally, Stifel Nicolaus boosted their price target on shares of Union Pacific from $231.00 to $248.00 and gave the company a “hold” rating in a research report on Friday, April 12th. Seven analysts have rated the stock with a hold rating, thirteen 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 currently has an average rating of “Moderate Buy” and a consensus price target of $258.78.

Insider Transactions at Union Pacific

In other news, President Elizabeth F. Whited sold 3,750 shares of the company’s stock in a transaction that occurred on Thursday, February 15th. The shares were sold at an average price of $250.00, for a total value of $937,500.00. Following the transaction, the president now owns 56,682 shares in the company, valued at $14,170,500. The sale was disclosed in a legal filing with the SEC, which is available at this link. Insiders own 0.26% of the company’s stock.

Union Pacific Stock Down 0.7 %

NYSE:UNP traded down $1.81 during mid-day trading on Monday, hitting $240.98. 1,730,332 shares of the company’s stock were exchanged, compared to its average volume of 2,324,740. Union Pacific Co. has a one year low of $190.71 and a one year high of $258.66. The company has a debt-to-equity ratio of 1.99, a current ratio of 0.93 and a quick ratio of 0.76. The business has a fifty day moving average price of $244.15 and a 200 day moving average price of $235.56. The company has a market cap of $147.03 billion, a PE ratio of 22.99, a P/E/G ratio of 2.61 and a beta of 1.07.

Union Pacific (NYSE:UNP) last issued its earnings results on Thursday, April 25th. The railroad operator reported $2.69 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.50 by $0.19. The firm had revenue of $6.03 billion for the quarter, compared to the consensus estimate of $5.97 billion. Union Pacific had a net margin of 26.52% and a return on equity of 44.34%. The business’s revenue was down .4% on a year-over-year basis. During the same quarter in the prior year, the firm posted $2.67 earnings per share. Equities analysts predict that Union Pacific Co. will post 11.08 EPS for the current year.

Union Pacific Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, March 29th. Stockholders of record on Thursday, February 29th were paid a $1.30 dividend. The ex-dividend date of this dividend was Wednesday, February 28th. This represents a $5.20 annualized dividend and a dividend yield of 2.16%. Union Pacific’s dividend payout ratio is presently 49.62%.

Union Pacific Profile

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.