Union Pacific Co. (NYSE:UNP) Shares Sold by Fulton Bank N.A.

Fulton Bank N.A. cut its holdings in shares of Union Pacific Co. (NYSE:UNP) by 3.1% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 15,000 shares of the railroad operator’s stock after selling 477 shares during the period. Fulton Bank N.A.’s holdings in Union Pacific were worth $3,421,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the business. Strategic Investment Solutions Inc. IL acquired a new stake in shares of Union Pacific in the 2nd quarter worth approximately $28,000. Catalyst Capital Advisors LLC acquired a new stake in Union Pacific in the third quarter worth approximately $30,000. Fairscale Capital LLC bought a new position in Union Pacific during the 2nd quarter valued at $31,000. Jamison Private Wealth Management Inc. increased its position in shares of Union Pacific by 265.7% during the 3rd quarter. Jamison Private Wealth Management Inc. now owns 128 shares of the railroad operator’s stock valued at $32,000 after purchasing an additional 93 shares during the period. Finally, Peterson Financial Group Inc. bought a new stake in shares of Union Pacific in the 3rd quarter worth $32,000. 80.38% of the stock is owned by institutional investors.

Union Pacific Stock Down 0.1 %

UNP traded down $0.32 during trading on Wednesday, reaching $230.22. 753,975 shares of the stock traded hands, compared to its average volume of 2,283,750. The company has a debt-to-equity ratio of 1.79, a current ratio of 0.77 and a quick ratio of 0.63. Union Pacific Co. has a fifty-two week low of $218.55 and a fifty-two week high of $258.66. The stock’s 50-day simple moving average is $234.82 and its two-hundred day simple moving average is $238.73. The stock has a market cap of $139.57 billion, a price-to-earnings ratio of 21.14, a price-to-earnings-growth ratio of 2.33 and a beta of 1.06.

Union Pacific (NYSE:UNP) last announced its quarterly earnings results on Thursday, October 24th. The railroad operator reported $2.75 EPS for the quarter, missing the consensus estimate of $2.78 by ($0.03). The firm had revenue of $6.09 billion during the quarter, compared to the consensus estimate of $6.14 billion. Union Pacific had a net margin of 27.33% and a return on equity of 41.79%. The company’s quarterly revenue was up 2.5% compared to the same quarter last year. During the same period in the previous year, the firm posted $2.51 EPS. As a group, equities research analysts expect that Union Pacific Co. will post 10.94 EPS for the current year.

Union Pacific Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, December 30th. Stockholders of record on Monday, December 9th were issued a dividend of $1.34 per share. The ex-dividend date was Monday, December 9th. This represents a $5.36 dividend on an annualized basis and a dividend yield of 2.33%. Union Pacific’s dividend payout ratio is currently 49.22%.

Analysts Set New Price Targets

A number of research analysts recently issued reports on UNP shares. Wells Fargo & Company lowered their target price on Union Pacific from $267.00 to $265.00 and set an “overweight” rating on the stock in a report on Tuesday. Sanford C. Bernstein lowered their price objective on shares of Union Pacific from $277.00 to $272.00 and set an “outperform” rating on the stock in a research note on Wednesday, October 9th. Susquehanna cut their target price on shares of Union Pacific from $260.00 to $255.00 and set a “neutral” rating for the company in a research note on Friday, October 25th. JPMorgan Chase & Co. decreased their price target on shares of Union Pacific from $263.00 to $252.00 and set a “neutral” rating on the stock in a research report on Friday, October 25th. Finally, BMO Capital Markets cut their target price on Union Pacific from $280.00 to $275.00 and set an “outperform” rating on the stock in a research report on Friday, September 20th. Nine equities research analysts have rated the stock with a hold rating, eleven have given a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat.com, Union Pacific currently has a consensus rating of “Moderate Buy” and a consensus target price of $260.30.

Union Pacific Company 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.