Legacy Private Trust Co. Lowers Stock Position in Union Pacific Co. (NYSE:UNP)

Legacy Private Trust Co. lessened its position in shares of Union Pacific Co. (NYSE:UNP) by 5.2% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 54,309 shares of the railroad operator’s stock after selling 2,982 shares during the quarter. Union Pacific makes up 0.9% of Legacy Private Trust Co.’s holdings, making the stock its 26th biggest position. Legacy Private Trust Co.’s holdings in Union Pacific were worth $13,386,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in UNP. Waterloo Capital L.P. purchased a new stake in Union Pacific in the 4th quarter worth $273,000. Personal CFO Solutions LLC lifted its stake in shares of Union Pacific by 15.6% in the fourth quarter. Personal CFO Solutions LLC now owns 1,627 shares of the railroad operator’s stock worth $400,000 after buying an additional 220 shares in the last quarter. XML Financial LLC grew its stake in Union Pacific by 8.1% during the 4th quarter. XML Financial LLC now owns 12,011 shares of the railroad operator’s stock valued at $2,950,000 after acquiring an additional 899 shares in the last quarter. Unigestion Holding SA raised its holdings in Union Pacific by 370.8% in the 4th quarter. Unigestion Holding SA now owns 9,045 shares of the railroad operator’s stock valued at $2,222,000 after acquiring an additional 7,124 shares during the last quarter. Finally, Keyes Stange & Wooten Wealth Management LLC purchased a new position in Union Pacific in the 4th quarter worth approximately $706,000. Hedge funds and other institutional investors own 80.38% of the company’s stock.

Insider Buying and Selling

In other news, President Elizabeth F. Whited sold 3,552 shares of the business’s stock in a transaction on Tuesday, July 30th. The stock was sold at an average price of $246.59, for a total value of $875,887.68. Following the completion of the transaction, the president now directly owns 64,945 shares of the company’s stock, valued at $16,014,787.55. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Insiders own 0.28% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts recently commented on UNP shares. Stifel Nicolaus cut their price target on Union Pacific from $267.00 to $265.00 and set a “buy” rating for the company in a report on Wednesday, July 17th. Barclays reduced their price target on Union Pacific from $290.00 to $280.00 and set an “overweight” rating on the stock in a report on Friday, July 26th. Daiwa America lowered shares of Union Pacific from a “moderate buy” rating to a “hold” rating in a report on Wednesday, September 4th. Sanford C. Bernstein decreased their target price on shares of Union Pacific from $290.00 to $273.00 and set an “outperform” rating on the stock in a report on Monday, July 8th. Finally, Evercore ISI downgraded shares of Union Pacific from an “outperform” rating to an “inline” rating and dropped their price target for the stock from $254.00 to $247.00 in a research note on Wednesday, September 25th. Eight investment analysts have rated the stock with a hold rating, eleven have issued a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat.com, Union Pacific currently has a consensus rating of “Moderate Buy” and an average target price of $259.32.

Union Pacific Price Performance

Shares of NYSE UNP traded up $0.60 during trading on Tuesday, hitting $237.47. 147,846 shares of the company were exchanged, compared to its average volume of 2,273,578. The firm’s fifty day moving average price is $246.18 and its 200 day moving average price is $238.75. The company has a market cap of $144.89 billion, a price-to-earnings ratio of 22.60, a PEG ratio of 2.24 and a beta of 1.05. The company has a debt-to-equity ratio of 1.89, a current ratio of 1.05 and a quick ratio of 0.86. Union Pacific Co. has a 1 year low of $199.97 and a 1 year high of $258.66.

Union Pacific (NYSE:UNP) last posted its earnings results on Thursday, July 25th. The railroad operator reported $2.74 EPS for the quarter, topping analysts’ consensus estimates of $2.71 by $0.03. The company had revenue of $6.01 billion for the quarter, compared to the consensus estimate of $6.05 billion. Union Pacific had a return on equity of 42.62% and a net margin of 26.90%. Union Pacific’s quarterly revenue was up .7% compared to the same quarter last year. During the same period in the previous year, the business earned $2.57 earnings per share. On average, sell-side analysts expect that Union Pacific Co. will post 11.1 earnings per share for the current fiscal year.

Union Pacific Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, September 30th. Stockholders of record on Friday, August 30th were paid a dividend of $1.34 per share. This represents a $5.36 dividend on an annualized basis and a dividend yield of 2.26%. This is a boost from Union Pacific’s previous quarterly dividend of $1.30. The ex-dividend date of this dividend was Friday, August 30th. Union Pacific’s dividend payout ratio (DPR) is 51.15%.

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.