Union Pacific Co. (NYSE:UNP) Stock Position Lifted by Toronto Dominion Bank

Toronto Dominion Bank grew its position in Union Pacific Co. (NYSE:UNP) by 6.7% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 344,840 shares of the railroad operator’s stock after acquiring an additional 21,700 shares during the quarter. Toronto Dominion Bank owned approximately 0.06% of Union Pacific worth $78,636,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also made changes to their positions in the company. Allred Capital Management LLC lifted its position in shares of Union Pacific by 0.5% in the 4th quarter. Allred Capital Management LLC now owns 8,349 shares of the railroad operator’s stock worth $1,904,000 after buying an additional 40 shares during the last quarter. Palogic Value Management L.P. lifted its holdings in Union Pacific by 1.5% in the fourth quarter. Palogic Value Management L.P. now owns 2,823 shares of the railroad operator’s stock worth $644,000 after acquiring an additional 42 shares during the last quarter. Pflug Koory LLC boosted its stake in Union Pacific by 0.5% in the fourth quarter. Pflug Koory LLC now owns 8,569 shares of the railroad operator’s stock valued at $1,954,000 after acquiring an additional 45 shares during the period. Baron Wealth Management LLC boosted its stake in Union Pacific by 3.3% in the fourth quarter. Baron Wealth Management LLC now owns 1,409 shares of the railroad operator’s stock valued at $321,000 after acquiring an additional 45 shares during the period. Finally, Mystic Asset Management Inc. grew its holdings in shares of Union Pacific by 2.0% during the fourth quarter. Mystic Asset Management Inc. now owns 2,309 shares of the railroad operator’s stock valued at $527,000 after purchasing an additional 45 shares during the last quarter. 80.38% of the stock is owned by institutional investors and hedge funds.

Union Pacific Stock Up 0.2%

UNP opened at $231.35 on Friday. The company has a debt-to-equity ratio of 1.76, a quick ratio of 0.62 and a current ratio of 0.77. The company has a market capitalization of $138.22 billion, a PE ratio of 20.86, a P/E/G ratio of 2.15 and a beta of 1.07. The stock’s fifty day moving average is $224.16 and its 200-day moving average is $233.68. Union Pacific Co. has a one year low of $204.66 and a one year high of $258.07.

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

Union Pacific Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, June 30th. Investors of record on Friday, May 30th will be paid a dividend of $1.34 per share. This represents a $5.36 annualized dividend and a yield of 2.32%. The ex-dividend date is Friday, May 30th. Union Pacific’s dividend payout ratio is presently 48.29%.

Wall Street Analysts Forecast Growth

Several analysts recently issued reports on UNP shares. Benchmark raised their price target on Union Pacific from $266.00 to $275.00 and gave the stock a “buy” rating in a report on Friday, January 24th. Bank of America raised their target price on Union Pacific from $256.00 to $262.00 and gave the company a “buy” rating in a research note on Friday. Loop Capital downgraded shares of Union Pacific from a “hold” rating to a “sell” rating and reduced their price target for the company from $265.00 to $200.00 in a report on Monday, February 3rd. Citigroup upgraded shares of Union Pacific from a “neutral” rating to a “buy” rating and cut their price objective for the company from $260.00 to $244.00 in a research report on Tuesday, April 8th. Finally, Wells Fargo & Company reduced their target price on shares of Union Pacific from $265.00 to $260.00 and set an “overweight” rating for the company in a research note on Thursday, March 27th. One investment 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 stock. Based on data from MarketBeat.com, Union Pacific currently has a consensus rating of “Moderate Buy” and a consensus price target of $257.50.

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.