Fiduciary Trust Co Buys 2,807 Shares of Union Pacific Co. (NYSE:UNP)

Fiduciary Trust Co boosted its holdings in shares of Union Pacific Co. (NYSE:UNP) by 2.8% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 102,213 shares of the railroad operator’s stock after buying an additional 2,807 shares during the quarter. Fiduciary Trust Co’s holdings in Union Pacific were worth $23,309,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in UNP. Compass Financial Services Inc bought a new stake in shares of Union Pacific in the fourth quarter valued at approximately $25,000. Synergy Asset Management LLC acquired a new position in Union Pacific in the 4th quarter worth about $29,000. EnRich Financial Partners LLC bought a new position in Union Pacific in the 4th quarter valued at approximately $31,000. PrairieView Partners LLC acquired a new position in shares of Union Pacific during the fourth quarter worth $34,000. Finally, Strategic Investment Solutions Inc. IL grew its position in shares of Union Pacific by 38.8% in the 4th quarter. Strategic Investment Solutions Inc. IL now owns 161 shares of the railroad operator’s stock valued at $39,000 after buying an additional 45 shares during the last quarter. 80.38% of the stock is owned by institutional investors.

Union Pacific Stock Up 1.4 %

Shares of NYSE UNP opened at $216.85 on Friday. Union Pacific Co. has a 12-month low of $204.66 and a 12-month high of $258.07. The stock has a market cap of $129.56 billion, a PE ratio of 19.55, a P/E/G ratio of 2.15 and a beta of 1.07. The company has a current ratio of 0.77, a quick ratio of 0.62 and a debt-to-equity ratio of 1.76. The company has a 50-day moving average of $226.17 and a 200 day moving average of $233.96.

Union Pacific (NYSE:UNP) last posted its earnings results on Thursday, April 24th. The railroad operator reported $2.70 EPS for the quarter, missing analysts’ consensus estimates of $2.73 by ($0.03). The business had revenue of $6.03 billion during the quarter, compared to analysts’ expectations of $6.11 billion. Union Pacific had a net margin of 27.82% and a return on equity of 41.12%. Union Pacific’s revenue for the quarter was down .1% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $2.69 EPS. As a group, sell-side analysts predict that Union Pacific Co. will post 11.99 EPS for the current fiscal year.

Union Pacific Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, June 30th. Shareholders of record on Friday, May 30th will be given a $1.34 dividend. This represents a $5.36 dividend on an annualized basis and a dividend yield of 2.47%. Union Pacific’s dividend payout ratio is presently 48.29%.

Wall Street Analysts Forecast Growth

UNP has been the topic of a number of research analyst reports. Deutsche Bank Aktiengesellschaft began coverage on Union Pacific in a report on Friday, March 7th. They set a “buy” rating and a $295.00 price target on the stock. BMO Capital Markets increased their price objective on shares of Union Pacific from $275.00 to $277.00 and gave the company an “outperform” rating in a research note on Friday, January 24th. Jefferies Financial Group reduced their price target on shares of Union Pacific from $255.00 to $230.00 and set a “hold” rating for the company in a research report on Wednesday, April 9th. Guggenheim boosted their target price on Union Pacific from $266.00 to $275.00 and gave the company a “buy” rating in a research note on Friday, January 24th. Finally, Citigroup raised shares of Union Pacific from a “neutral” rating to a “buy” rating and cut their price objective for the stock from $260.00 to $244.00 in a report on Tuesday, April 8th. One analyst has rated the stock with a sell rating, six have issued a hold rating, fifteen have issued a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat, Union Pacific presently has an average rating of “Moderate Buy” and an average target price of $257.86.

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.