CENTRAL TRUST Co Sells 1,115 Shares of Union Pacific Co. (NYSE:UNP)

CENTRAL TRUST Co trimmed its stake in shares of Union Pacific Co. (NYSE:UNPFree Report) by 0.7% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 161,567 shares of the railroad operator’s stock after selling 1,115 shares during the quarter. Union Pacific comprises approximately 1.0% of CENTRAL TRUST Co’s investment portfolio, making the stock its 26th biggest position. CENTRAL TRUST Co’s holdings in Union Pacific were worth $39,734,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. OLD Point Trust & Financial Services N A bought a new position in Union Pacific during the 4th quarter worth $25,000. Richardson Capital Management LLC bought a new position in shares of Union Pacific in the first quarter worth $26,000. Raleigh Capital Management Inc. raised its stake in Union Pacific by 211.4% in the fourth quarter. Raleigh Capital Management Inc. now owns 109 shares of the railroad operator’s stock valued at $27,000 after purchasing an additional 74 shares in the last quarter. Valued Wealth Advisors LLC bought a new stake in Union Pacific during the fourth quarter worth about $28,000. Finally, Scarborough Advisors LLC bought a new stake in Union Pacific during the fourth quarter worth about $29,000. 80.38% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of brokerages recently issued reports on UNP. Stifel Nicolaus raised shares of Union Pacific from a “hold” rating to a “buy” rating and lifted their price objective for the company from $248.00 to $267.00 in a research note on Friday, May 3rd. Raymond James reiterated a “strong-buy” rating and issued a $280.00 price target (up previously from $275.00) on shares of Union Pacific in a research note on Friday, April 26th. Susquehanna upped their price objective on Union Pacific from $255.00 to $270.00 and gave the stock a “neutral” rating in a research report on Friday, April 26th. BMO Capital Markets lifted their target price on Union Pacific from $270.00 to $275.00 and gave the company an “outperform” rating in a research report on Friday, January 26th. Finally, TD Cowen increased their target price on shares of Union Pacific from $252.00 to $258.00 and gave the stock a “buy” rating in a report on Friday, April 26th. Six investment analysts have rated the stock with a hold rating, fourteen have assigned a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $259.61.

Read Our Latest Stock Report on Union Pacific

Union Pacific Trading Down 3.6 %

UNP traded down $8.67 during trading on Tuesday, reaching $234.96. 2,960,836 shares of the stock traded hands, compared to its average volume of 2,232,926. The company has a quick ratio of 0.76, a current ratio of 0.93 and a debt-to-equity ratio of 1.99. The stock’s 50-day moving average is $241.01 and its 200 day moving average is $239.46. Union Pacific Co. has a 12 month low of $190.71 and a 12 month high of $258.66. The stock has a market capitalization of $143.35 billion, a PE ratio of 22.42, a P/E/G ratio of 2.59 and a beta of 1.06.

Union Pacific (NYSE:UNPGet Free Report) last announced its earnings results on Thursday, April 25th. The railroad operator reported $2.69 EPS for the quarter, beating the consensus estimate of $2.50 by $0.19. The company had revenue of $6.03 billion for the quarter, compared to analyst estimates of $5.97 billion. Union Pacific had a return on equity of 44.34% and a net margin of 26.52%. The firm’s revenue for the quarter was down .4% compared to the same quarter last year. During the same quarter in the prior year, the company earned $2.67 EPS. Equities analysts anticipate that Union Pacific Co. will post 11.26 earnings per share for the current year.

Union Pacific Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, June 28th. Shareholders of record on Friday, May 31st will be issued a $1.30 dividend. This represents a $5.20 dividend on an annualized basis and a yield of 2.21%. The ex-dividend date is Friday, May 31st. Union Pacific’s payout ratio is 49.62%.

About Union Pacific

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for Union Pacific (NYSE:UNP)

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