Charles Schwab Trust Co Sells 382 Shares of Union Pacific Co. (NYSE:UNP)

by · The Cerbat Gem

Charles Schwab Trust Co decreased its holdings in Union Pacific Co. (NYSE:UNP – Free Report) by 15.7% in the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 2,051 shares of the railroad operator’s stock after selling 382 shares during the period. Charles Schwab Trust Co’s holdings in Union Pacific were worth $485,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in the business. Allred Capital Management LLC lifted its holdings 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 acquiring an additional 40 shares during the last quarter. Palogic Value Management L.P. lifted its stake in Union Pacific by 1.5% during the fourth quarter. Palogic Value Management L.P. now owns 2,823 shares of the railroad operator’s stock worth $644,000 after purchasing an additional 42 shares in the last quarter. Mystic Asset Management Inc. lifted its stake in Union Pacific by 2.0% during the fourth quarter. Mystic Asset Management Inc. now owns 2,309 shares of the railroad operator’s stock worth $527,000 after purchasing an additional 45 shares in the last quarter. Strategic Investment Solutions Inc. IL boosted its position in shares of Union Pacific by 38.8% during the fourth quarter. Strategic Investment Solutions Inc. IL now owns 161 shares of the railroad operator’s stock worth $39,000 after buying an additional 45 shares during the period. Finally, Ironwood Investment Counsel LLC lifted its stake in Union Pacific by 1.3% during the 4th quarter. Ironwood Investment Counsel LLC now owns 3,458 shares of the railroad operator’s stock worth $789,000 after acquiring an additional 46 shares in the last quarter. Hedge funds and other institutional investors own 80.38% of the company’s stock.

Union Pacific Price Performance

Shares of NYSE:UNP opened at $220.91 on Thursday. Union Pacific Co. has a 52 week low of $204.66 and a 52 week high of $258.07. The company has a 50-day moving average price of $220.85 and a 200 day moving average price of $232.39. The company has a market cap of $131.99 billion, a P/E ratio of 19.92, a PEG ratio of 2.15 and a beta of 1.07. The company has a quick ratio of 0.62, a current ratio of 0.77 and a debt-to-equity ratio of 1.76.

Union Pacific (NYSE:UNP – Get Free Report) last announced its quarterly earnings data on Thursday, April 24th. The railroad operator reported $2.70 earnings per share for the quarter, missing analysts’ consensus estimates 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 for the quarter, compared to analyst estimates of $6.11 billion. During the same period in the prior year, the company earned $2.69 EPS. The company’s revenue was down .1% on a year-over-year basis. Research analysts predict that Union Pacific Co. will post 11.99 earnings per share for the current year.

Union Pacific Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, June 30th. Investors of record on Friday, May 30th will be paid a $1.34 dividend. This represents a $5.36 annualized dividend and a yield of 2.43%. The ex-dividend date is Friday, May 30th. Union Pacific’s payout ratio is currently 48.29%.

Wall Street Analyst Weigh In

A number of brokerages have issued reports on UNP. Susquehanna cut their price target on shares of Union Pacific from $255.00 to $245.00 and set a “neutral” rating on the stock in a research note on Friday, April 25th. Barclays reduced their target price on shares of Union Pacific from $285.00 to $260.00 and set an “overweight” rating on the stock in a report on Friday, April 25th. Argus raised Union Pacific to a “strong-buy” rating in a research report on Friday, May 16th. Raymond James reiterated a “strong-buy” rating on shares of Union Pacific in a report on Friday, April 25th. Finally, 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. One investment analyst has rated the stock with a sell rating, seven have issued a hold rating, fifteen have given a buy rating and two have assigned a strong buy rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $257.74.

View Our Latest Stock Analysis on Union Pacific

About Union Pacific

(Free Report)

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.

See Also

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