Webster Bank N. A. Sells 230 Shares of Union Pacific Co. (NYSE:UNP)

Webster Bank N. A. cut its holdings in Union Pacific Co. (NYSE:UNP) by 6.0% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 3,615 shares of the railroad operator’s stock after selling 230 shares during the quarter. Webster Bank N. A.’s holdings in Union Pacific were worth $824,000 as of its most recent SEC filing.

A number of other large investors also recently bought and sold shares of UNP. Strategic Investment Solutions Inc. IL bought a new stake in shares of Union Pacific in the 2nd quarter worth approximately $28,000. Catalyst Capital Advisors LLC purchased a new position in Union Pacific during the third quarter valued at $30,000. Jamison Private Wealth Management Inc. boosted its holdings in Union Pacific by 265.7% in the third quarter. Jamison Private Wealth Management Inc. now owns 128 shares of the railroad operator’s stock worth $32,000 after acquiring an additional 93 shares in the last quarter. Peterson Financial Group Inc. purchased a new stake in shares of Union Pacific in the third quarter worth $32,000. Finally, Dunhill Financial LLC increased its holdings in shares of Union Pacific by 111.5% during the third quarter. Dunhill Financial LLC now owns 129 shares of the railroad operator’s stock valued at $32,000 after acquiring an additional 68 shares in the last quarter. 80.38% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of equities analysts recently issued reports on UNP shares. Raymond James reiterated a “strong-buy” rating and issued a $285.00 price target (up previously from $265.00) on shares of Union Pacific in a research note on Friday. BMO Capital Markets increased their price target on shares of Union Pacific from $275.00 to $277.00 and gave the company an “outperform” rating in a report on Friday. Wells Fargo & Company decreased their price objective on shares of Union Pacific from $267.00 to $265.00 and set an “overweight” rating for the company in a report on Tuesday, January 7th. Royal Bank of Canada reduced their target price on Union Pacific from $288.00 to $283.00 and set an “outperform” rating for the company in a report on Friday, October 25th. Finally, Stifel Nicolaus upped their price target on Union Pacific from $253.00 to $270.00 and gave the company a “buy” rating in a report on Friday. Eight research analysts have rated the stock with a hold rating, twelve have assigned a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $263.30.

Union Pacific Stock Up 0.4 %

NYSE UNP opened at $248.94 on Monday. The company has a market capitalization of $150.92 billion, a P/E ratio of 22.86, a price-to-earnings-growth ratio of 2.12 and a beta of 1.06. Union Pacific Co. has a 52 week low of $218.55 and a 52 week high of $258.66. The stock’s 50-day moving average price is $234.05 and its 200-day moving average price is $239.63. The company has a quick ratio of 0.63, a current ratio of 0.77 and a debt-to-equity ratio of 1.79.

Union Pacific (NYSE:UNP) last posted its quarterly earnings results on Thursday, January 23rd. The railroad operator reported $2.91 EPS for the quarter, topping analysts’ consensus estimates of $2.76 by $0.15. Union Pacific had a return on equity of 41.79% and a net margin of 27.33%. During the same period in the previous year, the firm posted $2.71 EPS. On average, equities research analysts predict that Union Pacific Co. will post 10.96 earnings per share for the current year.

Union Pacific Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Monday, December 30th. Investors of record on Monday, December 9th were paid a dividend of $1.34 per share. The ex-dividend date of this dividend was Monday, December 9th. This represents a $5.36 annualized dividend and a yield of 2.15%. Union Pacific’s payout ratio is 49.22%.

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.