Community Trust & Investment Co. Acquires 469 Shares of Union Pacific Co. (NYSE:UNP)

Community Trust & Investment Co. lifted its stake in Union Pacific Co. (NYSE:UNP) by 3.0% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 16,250 shares of the railroad operator’s stock after purchasing an additional 469 shares during the quarter. Community Trust & Investment Co.’s holdings in Union Pacific were worth $3,706,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors also recently made changes to their positions in UNP. R.H. Investment Group LLC purchased a new position in Union Pacific during the fourth quarter valued at $3,813,000. Pines Wealth Management LLC purchased a new position in shares of Union Pacific in the 4th quarter worth about $588,000. SeaCrest Wealth Management LLC boosted its stake in Union Pacific by 5.3% in the 4th quarter. SeaCrest Wealth Management LLC now owns 2,306 shares of the railroad operator’s stock worth $526,000 after purchasing an additional 117 shares in the last quarter. Wynn Capital LLC grew its position in Union Pacific by 7.2% during the 4th quarter. Wynn Capital LLC now owns 966 shares of the railroad operator’s stock valued at $220,000 after purchasing an additional 65 shares during the last quarter. Finally, AAFMAA Wealth Management & Trust LLC increased its stake in Union Pacific by 7.1% during the 4th quarter. AAFMAA Wealth Management & Trust LLC now owns 10,359 shares of the railroad operator’s stock valued at $2,362,000 after purchasing an additional 683 shares in the last quarter. Hedge funds and other institutional investors own 80.38% of the company’s stock.

Union Pacific Trading Up 1.1 %

Shares of UNP stock opened at $229.25 on Wednesday. The firm has a market capitalization of $138.98 billion, a PE ratio of 21.05, a PEG ratio of 2.33 and a beta of 1.06. The company has a debt-to-equity ratio of 1.79, a quick ratio of 0.63 and a current ratio of 0.77. The stock has a fifty day simple moving average of $234.49 and a two-hundred day simple moving average of $238.87. Union Pacific Co. has a 52-week low of $218.55 and a 52-week high of $258.66.

Union Pacific (NYSE:UNP) last posted its quarterly earnings results on Thursday, October 24th. The railroad operator reported $2.75 EPS for the quarter, missing analysts’ consensus estimates of $2.78 by ($0.03). The business had revenue of $6.09 billion during the quarter, compared to analysts’ expectations of $6.14 billion. Union Pacific had a return on equity of 41.79% and a net margin of 27.33%. The firm’s revenue for the quarter was up 2.5% on a year-over-year basis. During the same period in the prior year, the firm posted $2.51 earnings per share. On average, analysts predict that Union Pacific Co. will post 10.94 EPS for the current fiscal year.

Union Pacific Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, December 30th. Shareholders of record on Monday, December 9th were issued a dividend of $1.34 per share. This represents a $5.36 annualized dividend and a dividend yield of 2.34%. The ex-dividend date of this dividend was Monday, December 9th. Union Pacific’s dividend payout ratio (DPR) is presently 49.22%.

Analyst Ratings Changes

UNP has been the topic of several analyst reports. Citigroup upped their target price on shares of Union Pacific from $255.00 to $267.00 and gave the stock a “neutral” rating in a research note on Tuesday, November 12th. Barclays increased their target price on Union Pacific from $275.00 to $285.00 and gave the company an “overweight” rating in a research note on Wednesday, November 13th. StockNews.com downgraded Union Pacific from a “buy” rating to a “hold” rating in a report on Tuesday, October 1st. Wells Fargo & Company reduced their price objective on Union Pacific from $267.00 to $265.00 and set an “overweight” rating for the company in a report on Tuesday, January 7th. Finally, TD Cowen lowered their target price on shares of Union Pacific from $255.00 to $252.00 and set a “buy” rating on the stock in a research note on Friday, October 25th. Nine equities research analysts have rated the stock with a hold rating, eleven have given a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat.com, Union Pacific has an average rating of “Moderate Buy” and an average price target of $259.80.

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.