Union Pacific Corporation $UNP Shares Acquired by Rockland Trust Co.

Rockland Trust Co. increased its stake in Union Pacific Corporation (NYSE:UNP) by 4.7% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 161,186 shares of the railroad operator’s stock after purchasing an additional 7,174 shares during the quarter. Union Pacific accounts for 1.5% of Rockland Trust Co.’s investment portfolio, making the stock its 18th largest position. Rockland Trust Co.’s holdings in Union Pacific were worth $37,286,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also recently made changes to their positions in UNP. Caitlin John LLC acquired a new position in Union Pacific during the third quarter worth about $27,000. Saranac Partners Ltd purchased a new position in Union Pacific in the third quarter valued at about $27,000. Howard Hughes Medical Institute acquired a new stake in shares of Union Pacific during the 2nd quarter valued at approximately $30,000. Total Investment Management Inc. acquired a new stake in shares of Union Pacific during the 2nd quarter valued at approximately $31,000. Finally, Stephens Consulting LLC boosted its stake in shares of Union Pacific by 48.4% during the 4th quarter. Stephens Consulting LLC now owns 135 shares of the railroad operator’s stock worth $31,000 after acquiring an additional 44 shares in the last quarter. Institutional investors and hedge funds own 80.38% of the company’s stock.

Union Pacific Trading Up 1.4%

Shares of UNP opened at $242.55 on Wednesday. The company has a debt-to-equity ratio of 1.64, a current ratio of 0.91 and a quick ratio of 0.75. The firm has a 50 day simple moving average of $248.96 and a 200-day simple moving average of $235.56. Union Pacific Corporation has a 1-year low of $204.66 and a 1-year high of $268.14. The stock has a market cap of $143.93 billion, a price-to-earnings ratio of 20.26, a price-to-earnings-growth ratio of 2.61 and a beta of 0.95.

Union Pacific (NYSE:UNP) last issued its quarterly earnings data on Tuesday, January 27th. The railroad operator reported $2.86 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.92 by ($0.06). Union Pacific had a return on equity of 40.89% and a net margin of 29.12%.The company had revenue of $6.09 billion for the quarter, compared to analyst estimates of $6.15 billion. During the same quarter in the prior year, the firm earned $2.91 earnings per share. The company’s revenue for the quarter was down .6% on a year-over-year basis. Equities analysts forecast that Union Pacific Corporation will post 11.99 EPS for the current fiscal year.

Union Pacific Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, March 31st. Stockholders of record on Friday, February 27th were issued a $1.38 dividend. This represents a $5.52 dividend on an annualized basis and a dividend yield of 2.3%. The ex-dividend date of this dividend was Friday, February 27th. Union Pacific’s payout ratio is 46.12%.

Wall Street Analysts Forecast Growth

A number of research firms recently weighed in on UNP. BMO Capital Markets restated a “market perform” rating and issued a $295.00 price target on shares of Union Pacific in a report on Thursday, February 19th. Deutsche Bank Aktiengesellschaft set a $245.00 price objective on Union Pacific in a report on Thursday, December 11th. Barclays reissued an “overweight” rating and issued a $285.00 target price (up from $270.00) on shares of Union Pacific in a report on Tuesday, December 16th. The Goldman Sachs Group restated a “neutral” rating and issued a $267.00 price target on shares of Union Pacific in a research report on Tuesday, January 27th. Finally, Royal Bank Of Canada set a $280.00 price target on Union Pacific in a research note on Thursday, December 18th. One analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating and eight have given a Hold rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $265.18.

Union Pacific Company Profile

Union Pacific Corporation (NYSE: UNP) is one of the largest freight railroad companies in the United States. Its principal operating subsidiary, Union Pacific Railroad, has roots that trace back to the Pacific Railway Act of 1862 and the construction of the first transcontinental rail link completed in 1869. The company is headquartered in Omaha, Nebraska, and operates as a holding company for rail transportation and related services.

Union Pacific’s core business is the movement of freight by rail across an extensive rail network serving the western two‑thirds of the United States.